本文關(guān)鍵詞：我國私募股權(quán)投資中引入優(yōu)先股的理論解析與現(xiàn)實(shí)思考　出處：《山東社會科學(xué)》2014年03期 　論文類型：期刊論文

  更多相關(guān)文章： 私募股權(quán)投資 優(yōu)先股 理論解析

【摘要】：雖然優(yōu)先股在境外市場是成熟的證券品種,西方發(fā)達(dá)國家已經(jīng)廣泛使用,但在我國由于法規(guī)制度等多項(xiàng)限制因素,優(yōu)先股還是一種相對較新的融資方式。優(yōu)先股不僅在私募股權(quán)投資領(lǐng)域有著獨(dú)特的功能,而且對于我國國有資產(chǎn)深化改革、吸引保險(xiǎn)等資金入市、完善公司股權(quán)結(jié)構(gòu)、平抑二級市場泡沫等方面也有巨大的價(jià)值。在優(yōu)先股的實(shí)現(xiàn)路徑上,既不宜走自上而下的方式,即從理論論證到人大立法,然后到各項(xiàng)規(guī)則細(xì)則的制定再到進(jìn)行試點(diǎn)和反復(fù)完善;也不能走激進(jìn)的道路,用行政手段強(qiáng)行推開;比較可行的辦法就是平行推進(jìn)。
[Abstract]:Although preferred stock is a mature security in the overseas market, it has been widely used in western developed countries, but in our country due to a number of restrictions, such as the legal system. Preference stock is also a relatively new financing method. Preferred stock not only has a unique function in the field of private equity investment, but also deepens the reform of state-owned assets in China and attracts funds such as insurance into the market. It is also of great value to perfect the corporate equity structure and to calm the bubble in the secondary market. In the realization path of preferred stock, it is not suitable to go from top to bottom, that is, from the theoretical argument to the legislation of the people's Congress. Then to the formulation of the rules and regulations to the pilot and repeated improvement; Nor can we take the radical road and force it away by administrative means; The more feasible way is to push in parallel.
【作者單位】： 清華大學(xué)經(jīng)濟(jì)管理學(xué)院;
【分類號】：F832.51
【正文快照】： 一、引言2013年11月30日發(fā)布的《國務(wù)院關(guān)于開展優(yōu)先股試點(diǎn)的指導(dǎo)意見》,被業(yè)界解讀為深化金融體制改革的一項(xiàng)值得期待的重要舉措。優(yōu)先股的試行,是推進(jìn)多層次資本市場建設(shè)的重要步驟,對上市公司、投資者等各方資本市場的參與者都將具有積極的意義。近年來全球經(jīng)濟(jì)走低,我國股

【參考文獻(xiàn)】

相關(guān)期刊論文 前3條

1 張斌;巴曙松;;PE的運(yùn)作機(jī)制研究:一個(gè)文獻(xiàn)綜述[J];財(cái)經(jīng)科學(xué);2011年11期

2 宣，

本文編號：1362318