论个人隐私与证券信息披露之边界

随着市场与信息技术的发展,近年来,一些上市公司董事、监事、高级管理人员及实际控制人的婚变、离职、犯罪、健康问题等私人事件的发生影响到了上市公司的股票交易价格,但这些事件并未包括在我国相关法律列举必须在临时报告里公开进行信息披露的"重大事件"之中,进而对投资者的利益产生了影响。本文通过分析对此类事件进行信息披露的必要性与合规性,阐述其中股东知情权与公司高层管理人员隐私权的冲突与协调,研究有关事件中信息披露的边界划分,并提出相应的制度完善建议。

A study on Privacy and the Border of Securities Information Disclosure

With the development of market and information technology, in recent years, some private affairs of listed companies＇ directors, supervisors, executives and actual controllers, such as divorce, leave, crime, and health prob-lem, influenced the share prices of the companies. However, according to the related law in China, these affairs are not included in the listed ＂important events＂ of temporary reports which has to be disclosed publicly, so they would in-fluence the benefit of investors. This paper analyses the necessity and legality of disclosing these affairs, shows the conflict and coordination between the right to know and privacy, researches the border of related informatin disclo-sure, and gives advice about the legal system.