关于我国建立二板市场的研究-政治经济学专业论文.docxVIP

摘 摘 要 早在i997年，科技部在研究建立中国风险投资体 系时就提出了建立二板市场的构想。开设二板市场是我 国充分发挥证券市场筹资融资、资源优化配置功能，发 展高新技术产业的一个重要手段。2000年初召开的全 国证券期货会议决定计划于2000年推出国内二板市 场。2000年1 O月深交所通过互联网公布了《创业板市 场规则咨询文件》，这九个文件的公开发布使一年多来 关心二板市场的人们大致看到了这个呼之欲出的新兴资 本市场的基本轮廓。我国二板市场预选企业，根据证券 公司的推荐，截至2000年11月为止，已有238家。但 时至今日，二板市场也迟迟未能推出。本文基于以上形 势，从我国建立二板市场的必要性入手，分析了我国建 立二板市场的风险，提出了建立适应我国二板市场发展 的制度，防范二板市场风险这一中心论题，并利用了 《金融经济学》、 《证券投资学》等中的相关原理，结 合我国的实际情况，对建立我国二板市场提出了许多建 设性意见。 关键词：二板市场 创业企业 市场化 制度建设 RESEARCH RESEARCH oF THE ESTABLISHMENT oF THE SECoND BoARD IN CHINA (Summary) Early in 1997，the Scientific Department of China has set out the idea of the establishing of the Second Board at the same time of the study for establishing of the Risk Investment System in China．The establishment of the Second Bnard in China is an important measure to exert the raising capital and financing，and the optimizing of the source distribution of the stock market，and to develop the advanced technical industries．It has decided to open the Second Board in 2000 on the National Stock＆Bond Meeting in the early 2000．The Shenzhen Stock Bourse has pubUcized the Consultation Document for the Second Board Rules through the Internet，and we also knew the basic range of the new capital market through the nine documents．The pre-chose enterprises for the Second Board have reached 238 enterprises since November 2000．But the Second Board has not been opened till today．In case of the pre-said，this thesis is beginning with the necessity of the establishment of the Second Board，analyzing the risk of the Second Board，bringing forward the rules for the development of the Second Board，and centralizing with the prevention of the risk in the Second Board， making use of the relative theories of the Finance Eeonometry and Stock Investment．Combining with the actual situation in China，many constructive notions have been set out for the Second Bnard． Key Words：Second Board Carving-out Industry Market Model Regulation Building 引 引 言 一、研究背景 早在1997年，科技部在研究建立中国风险投资体系时提出了建 立二板