本文選題：公司治理 + 股權(quán)分置改革��； 參考：《經(jīng)濟(jì)體制改革》2010年02期

【摘要】：股權(quán)分置改革改變了中國(guó)股市在成立之初就形成了的非流通股和流通股兩類(lèi)股票同股不同價(jià)、同股不同權(quán)的股權(quán)分置現(xiàn)象,對(duì)中國(guó)資本市場(chǎng)的完善和發(fā)展具有標(biāo)志性作用。股權(quán)分置改革過(guò)程中對(duì)價(jià)支付的類(lèi)型和數(shù)量問(wèn)題對(duì)公司治理有很大的影響,股權(quán)分置改革完成后對(duì)投資者關(guān)系和盈余管理也有非常重要的影響。股權(quán)分置改革的市場(chǎng)反應(yīng)有待進(jìn)一步觀察。對(duì)中國(guó)上市公司股改后的公司治理和資本市場(chǎng)建設(shè),今后應(yīng)加強(qiáng)的工作:一是對(duì)股權(quán)分置改革后上市公司控制股東的行為加強(qiáng)監(jiān)管;二是進(jìn)一步開(kāi)發(fā)金融產(chǎn)品,同時(shí)加強(qiáng)證券監(jiān)管部門(mén)的監(jiān)管職能;三是政府對(duì)其控制的上市公司的股份控制策略應(yīng)該改變;四是完善股權(quán)分置改革后上市公司的股權(quán)轉(zhuǎn)讓市場(chǎng),加強(qiáng)上市公司控制股東的誠(chéng)信建設(shè),強(qiáng)化對(duì)信息披露的監(jiān)管。
[Abstract]:The types and quantity of consideration payment in the process of equity split structure reform have great influence on corporate governance. After the completion of equity split structure reform, it also has a very important impact on investor relations and earnings management. The market reaction of share right split structure reform needs further observation. In the future, we should strengthen our work on corporate governance and capital market construction of China's listed companies after the share reform: first, we should strengthen supervision over the behavior of controlling shareholders of listed companies after the split share structure reform; and second, we should further develop financial products. At the same time, we should strengthen the regulatory functions of the securities regulatory authorities; third, the government should change the strategy of controlling the shares of the listed companies under its control; fourth, improve the stock transfer market of listed companies after the reform of the split share structure. Strengthen the credit construction of controlling shareholders of listed companies and strengthen the supervision of information disclosure.
【作者單位】： 西南交通大學(xué)經(jīng)濟(jì)管理學(xué)院;
【基金】：國(guó)家自然科學(xué)基金“上市公司隱性終極控制權(quán)效應(yīng)研究及實(shí)證分析”(70602035) 四川省科技廳軟科學(xué)項(xiàng)目“金融危機(jī)背景下四川省上市公司的終極控制權(quán)、公司價(jià)值與公司治理研究”(2009ZR0080) 教育部人文社科基金項(xiàng)目“股權(quán)分置改革后上市公司隱性終極控制權(quán)結(jié)構(gòu)、公司價(jià)值和公司治理研究”(06JC630022) 西南交通大學(xué)“z饈抵恰畢钅康慕錐渦猿曬，

本文編號(hào)：1792816