摘要
合理完善的退市制度是证券市场合理运行的有效保证。本文通过选取2001—2015年中国和韩国证券市场的退市企业数据,从退市标准和退市制度的实施效果等方面对中韩退市指数进行比较分析,文章认为中国的证券市场主要是把量化指标作为衡量退市的主要标准,而忽略了非量化指标和市场交易指标的调节作用。要学习借鉴韩国直接退市的退市程序,逐步取消ST制度,还要强化非量化指标对上市公司退市的作用。
Reasonable delisting system is an effective guarantee for securities market effective operation. This article selects the enter- prise data of China and South Korea securities market from 2001 to 2015, compared the delisting standards and the effect of the delisting system of China to South Korea delisted indexes. This article thinks that China＇s securities market is mainly use the quanti- tative indicators as the main measure of delisting, rather than the non-quantitative index and market index. It is important to learn delisting procedures from South Korea, gradually phase out ST system and strengthen the non-quantitative indicators＇ role in the list- ed company delisting.
作者
金顺姬
梁楠
Jin Shun-ji Liang Nan(Faculty of Management and Eooumnics, Knnming Univenity of Science and Technology, Kunming Yunnan, China, 65009)
出处
《江苏商论》
2017年第6期49-53,共5页
Jiangsu Commercial Forum
基金
昆明理工大学引进人才科研启动基金项目(KKSY201508011)
昆明理工大学管理与经济学院热点(前沿)领域科研支撑计划项目(项目代码:QY2015008)
关键词
退市制度
退市指标
实施效果
Delisting provision
delisting standards
implementation effect
