摘要
随着我国经济发展和收入水平提高,如何满足多样化的投融资需求变得越加迫切,多层次资本市场建设问题受到广泛关注。文章从投资者异质性、企业生命周期、信息不对称、产权交易等视角分析多层次资本市场建设的理论基础,探讨我国多层次资本市场的组织架构和功能定位,从培养机构投资者、培育融资主体、发展中介服务机构、完善法律体系、健全监管机制等方面提出我国多层次资本市场建设的对策建议。
As China's economic development and income levels increases,how to meet the diverse requirements of investment and financing has become increasingly urgent.Multi-level capital market construction issue is widespread concerned.In this paper,the construction of multi-level capital market theory is analyzed from such perspectives as investor heterogeneity,business life cycle,asymmetric information, property rights and so on.Multi-level capital market organization structure and functions in China are investigated.Policies and measures of multi-level capital market construction are proposed in terms of cultivating institutional investors,training the financing subjects,intermediary services development,legal system completion,regulatory mechanism improvement and so on.
出处
《改革与战略》
2012年第5期84-86,共3页
Reformation & Strategy
基金
浙江省哲学社会科学规划重点项目"基于浙江经济强省建设的现代金融服务体系构建研究"(编号:10CGYD03Z)
浙江省教育厅科研项目"基于多层次资本市场建设的浙江民间财富管理研究"(编号:Y201119854)联合资助
关键词
多层次资本市场
理论
对策
multi-level capital market
theory
measures
