Empirical Study on How Ordinary Shareholders Avoid the Operational Risk of Listed Companies through Public Information

In the capital market, individual investors face challenges in identifying and avoiding the operational risks of listed companies. This study focuses on the practical feasibility of risk management using publicly available information, reviewing the types of operational risks and their influencing factors, and analysing the mechanisms and limitations of obtaining public information. This paper constructs an empirical research framework by collecting and preprocessing relevant data to evaluate the specific role of public information in helping investors avoid operational risks in listed companies. The research findings reveal the critical importance of effectively processing and utilising public information, and further validate the practicality of the theoretical results through case analysis.