中國(guó)直接融資市場(chǎng)發(fā)展問(wèn)題研究
本文選題:金融改革 切入點(diǎn):直接融資 出處:《吉林大學(xué)》2014年碩士論文
【摘要】:隨著改革開(kāi)放政策的深入貫徹,我國(guó)已經(jīng)確立起新型的社會(huì)主義市場(chǎng)經(jīng)濟(jì)體制,經(jīng)濟(jì)建設(shè)取得世人矚目的偉大成就,尤其是成功應(yīng)對(duì)了國(guó)際金融海嘯的沖擊,并以此為契機(jī)加快轉(zhuǎn)變發(fā)展方式。然而,由于一些體制和機(jī)制問(wèn)題的制約,中國(guó)金融市場(chǎng)發(fā)展不平衡問(wèn)題依舊顯著,直接融資市場(chǎng)發(fā)展依舊遲緩是其中最顯著的表現(xiàn)之一。 改革開(kāi)放以來(lái),中國(guó)金融市場(chǎng)體系建設(shè)取得了一定的成就,直接融資比重穩(wěn)定提高,但相對(duì)于其他國(guó)家,我國(guó)直接融資市場(chǎng)發(fā)展水平依舊較低,多層次的資本市場(chǎng)尚未完全建立起來(lái),并因此派生出一系列問(wèn)題,不僅不利于金融市場(chǎng)的改革與發(fā)展,也在很大程度上抑制了金融支持實(shí)體經(jīng)濟(jì)發(fā)展的效力發(fā)揮。為此,中共十八屆三中全會(huì)提出了“提高直接融資比重”的戰(zhàn)略部署,提出了健全多層次資本市場(chǎng),對(duì)股票的發(fā)行注冊(cè)進(jìn)行改革,增加股權(quán)投資渠道,健康健全債券市場(chǎng),以提高直接融資的比重措施,中國(guó)金融市場(chǎng)的直接融資迎來(lái)了一個(gè)快速的發(fā)展期。 本文在概要交代研究背景及意義的基礎(chǔ)上,系統(tǒng)性的介紹了相關(guān)研究理論背景,對(duì)國(guó)內(nèi)外資本市場(chǎng)尤其是直接融資市場(chǎng)的發(fā)展實(shí)踐及經(jīng)驗(yàn)教訓(xùn)做出了綜合比較分析,同時(shí)立足中國(guó)國(guó)情,就中國(guó)直接融資市場(chǎng)健康發(fā)展,服務(wù)于中小企業(yè)暨實(shí)體經(jīng)濟(jì)發(fā)展給出了一些對(duì)策建議。具體包括:完善正式股權(quán)融資市場(chǎng),大力發(fā)展風(fēng)險(xiǎn)投資,規(guī)范和完善非正式股權(quán)融資市場(chǎng),加強(qiáng)金融業(yè)的改革創(chuàng)新,同時(shí)為中小企業(yè)擴(kuò)展直接融資的渠道。此外,構(gòu)建中小企業(yè)直接融資體系是一項(xiàng)復(fù)雜的系統(tǒng)工程,其實(shí)現(xiàn)過(guò)程還需要一定的支持體系作為支撐,來(lái)配合該體系的構(gòu)建。
[Abstract]:With the in-depth implementation of the policy of reform and opening up, China has established a new socialist market economy system, and economic construction has made great achievements in the world's attention, especially in successfully coping with the impact of the international financial tsunami. However, due to the constraints of some system and mechanism problems, the unbalanced development of China's financial market is still significant, and the development of direct financing market is still slow is one of the most significant manifestations. Since the reform and opening up, China's financial market system has made some achievements, the proportion of direct financing has been steadily increased, but compared with other countries, the level of development of China's direct financing market is still relatively low. Multi-level capital markets have not yet been fully established, and a series of problems have arisen, which are not only detrimental to the reform and development of financial markets, but also to a large extent inhibit the effectiveness of financial support for the development of the real economy. The third Plenary session of the 18th CPC Central Committee put forward a strategic plan to "increase the proportion of direct financing," put forward a sound multi-level capital market, reformed the issuance and registration of stocks, increased the channels for equity investment, and healthily improved the bond market. In order to increase the proportion of direct financing, the direct financing of Chinese financial market ushered in a rapid development period. On the basis of summarizing the research background and significance, this paper systematically introduces the relevant theoretical background, and makes a comprehensive comparative analysis of the development practice and experience of the domestic and foreign capital market, especially the direct financing market. At the same time, on the basis of China's national conditions, it gives some countermeasures and suggestions on the healthy development of China's direct financing market and serves the development of small and medium-sized enterprises and the real economy, including: perfecting the formal equity financing market and vigorously developing venture capital. To standardize and perfect the informal equity financing market, to strengthen the reform and innovation of the financial industry, and to expand the channels of direct financing for small and medium-sized enterprises. In addition, it is a complex system engineering to construct the system of direct financing for small and medium-sized enterprises. The implementation process also needs a certain support system as the support to cooperate with the construction of the system.
【學(xué)位授予單位】:吉林大學(xué)
【學(xué)位級(jí)別】:碩士
【學(xué)位授予年份】:2014
【分類號(hào)】:F832.4
【參考文獻(xiàn)】
相關(guān)期刊論文 前5條
1 田樹(shù)喜;惲?xí)苑?王毅;;中國(guó)金融資源配置對(duì)經(jīng)濟(jì)增長(zhǎng)作用的實(shí)證分析[J];東北大學(xué)學(xué)報(bào)(社會(huì)科學(xué)版);2012年05期
2 李迅雷;;中國(guó)直接融資比重提高之悖論[J];股市動(dòng)態(tài)分析;2011年11期
3 歐陽(yáng)艷明;;企業(yè)直接融資模式的比較研究與借鑒[J];財(cái)經(jīng)界(學(xué)術(shù)版);2013年21期
4 李乾;;中國(guó)工商銀行關(guān)于應(yīng)對(duì)直接融資沖擊的對(duì)策研究[J];廣西大學(xué)學(xué)報(bào)(哲學(xué)社會(huì)科學(xué)版);2011年S1期
5 ;關(guān)于發(fā)行短期融資券的思考[J];公用事業(yè)財(cái)會(huì);2014年01期
相關(guān)博士學(xué)位論文 前10條
1 王征;信貸配給微觀機(jī)理研究[D];遼寧大學(xué);2011年
2 嚴(yán)谷軍;競(jìng)爭(zhēng)環(huán)境下美國(guó)社區(qū)銀行發(fā)展研究[D];浙江大學(xué);2008年
3 孫源;我國(guó)企業(yè)集團(tuán)產(chǎn)融結(jié)合的有效性研究[D];西南財(cái)經(jīng)大學(xué);2012年
4 尹杞月;中小企業(yè)融資難研究[D];西南財(cái)經(jīng)大學(xué);2012年
5 彭益;市場(chǎng)微觀結(jié)構(gòu)下信息不對(duì)稱對(duì)上市公司融資行為影響研究[D];湖南大學(xué);2012年
6 姚仕萍;小額信貸風(fēng)險(xiǎn)與收益均衡機(jī)制研究[D];江西財(cái)經(jīng)大學(xué);2012年
7 于洋;中國(guó)小微企業(yè)融資問(wèn)題研究[D];吉林大學(xué);2013年
8 管仁榮;基于融資結(jié)構(gòu)理論的我國(guó)采礦業(yè)融資問(wèn)題研究[D];中國(guó)地質(zhì)大學(xué)(北京);2013年
9 陳灝;中國(guó)中小企業(yè)融資困境與制度創(chuàng)新研究[D];福建師范大學(xué);2013年
10 何婧;中美中小銀行比較研究[D];湖南大學(xué);2013年
,本文編號(hào):1671041
本文鏈接:http://sikaile.net/jingjilunwen/guojijinrong/1671041.html