Yuxingxi: How to ensure the fairness and reasonableness of punishment when implementing comprehensive and three-dimensional accountability?

Recently, Yu Xingxi, a member of the Academic Advisory Committee and Independent Board Committee of the China Association for Market Regulation, and a part-time professor at the School of Economics and Management of Beijing Jiaotong University, stated in the sixth issue of "China Association for Market Regulation Economic Observation" that listed companies and their related entities must deeply recognize the seriousness of the current comprehensive and three-dimensional accountability. For the behavior of planning and instructing financial fraud by listed companies, severe punishment should be imposed. At the same time, in the punishment process, it is necessary to distinguish between intention and negligence, and the punishment should be commensurate with the fault and not exceed a reasonable limit.