【作者】 陈皓；

【导师】 张捷；

【作者基本信息】 暨南大学 ， 国民经济学， 2002， 硕士

【摘要】 本文以制度经济学理论和预期理论为指导，以我国股票发行制度市场化改革为研究对象，对市场化改革的进程进行了考察，在比较了审批制与核准制各自的特点及优缺点之后，进一步通过实证分析研究了市场化改革对股票一级市场及其融资效率和市场参与主体行为的影响，在此基础上提出对进一步深化和完善股票发行制度市场化改革的政策建议。 全文分为六个部分：第一部分为前言，用以说明本文写作的意义；第二部分介绍了国内外通行的证券发行制度和发行方式；第三部分重点考察了中国股票发行制度市场化改革进程，并对改革前后的两种发行制度进行了比较；第四部分分析了市场化改革对股票一级市场及其融资效率、市场参与主体行为的影响；第五部分提出了进一步完善发行制度市场化改革的政策建议；第六部分为结语。更多还原

【Abstract】 This article takes institutional economics theory and forecast theory as guide, takes Chinese marketing reform of stock issue institutions as its researching object, it investigated the progress of the marketing reform. It has, via real evidence, after comparing the advantages and disadvantages of quota system vs. examination and authorization system, further analyzed and researched the influences of market reform makes to the primary stock market and market’s efficiency of financing and market’s participants to principal act. Based on these, it has come up with some strategic suggestions on furthering and improving market reform of stock issue institutions.The whole article divides into six sections. The first section is preface, which narrates the purpose of this article. The second section introduces stock issue institutions and issue methods popular in China and overseas. The third section high spot reviews the progress of marketing reform of Chinese stock issue institutions, and compares the pre-reform issue institution with post-reform issue institutions. The fourth section analyzes the influences marketing reform made to the primary stock market, market’s efficiency of financing, market’s participants to principal act. The fifth section proposes the strategic suggestion on further improving marketing reform of stock issue institutions. The sixth section is epilogue.更多还原