Study on risk index system and prevention mechanism under information disclosure in China

Abstract

PurposeWith the advent of the information age, this paper aims to apply risk analysis theories to study the risk prevention mechanism of information disclosure, thus supporting the green electricity supply.Design/methodology/approachThis paper conducts a comprehensive evaluation and analysis of the impact of power market transactions, power market operations and effective government supervision, so as to figure out the core risk content of power market information disclosure. Moreover, AHP-entropy method is adopted to weigh different indicators of information disclosure risks for the participants in the electricity market.FindingsThe potential reasons for information disclosure risk in the electricity market include insufficient information disclosure, high cost of obtaining information, inaccurate information disclosure, untimely information disclosure and unfairness of information disclosure.Originality/valueSome suggestions and implications on risk prevention mechanism of information disclosure in the electricity market are provided, so as to ensure the green electricity supply and promote the electricity market reform in China.