加强我国证 券市场监管的对策分析-会计学专业论文.docxVIP

万方数据 万方数据 中 文 摘 要 我国证券市场近年来取得了长足的发展，沪深两市主板规模愈加庞大，股 票、债券、期权期货等金融衍生品种类日益繁多。证券市场已成为我国现代市 场经济体系不可替代的组成部分，其稳定性直接关系到我国国民经济的健康发 展。 虽然我国证券市场经历快速成长并逐渐步入成熟，但市场内仍存在着诸多 问题：如大规模的信息不对称、过度竞争垄断和经济外部性等，进而引发公司 财务报表被篡改和美化,内幕交易、操控股价等诸多问题，市场面临失灵风险， 市场已不能自发地实现高效平稳的运行。同时，我国处于经济转轨期，资本市 场的扩张需求与日俱增，各种对比力量也在寻找最佳平衡点，市场矛盾较为突 出。如股权分置改革的风险，市场资金违规操作等。面对现状，我国政府监管 显得尤为重要。如何保证市场稳定，如何保护投资者利益，如何在市场化进程 中构建更符合我国国情的监管模式，成为我国政府的重要议题。 本文立足于我国证券市场监管模式的现状，以我国证券市场的发展为研究 基础，以证券市场失灵理论、市场有效论、投资者保护理论和公共利益论为研 究依据，总结出我国证券监管主要存在着监管目标狭窄、监管权限不清、法律 系统缺陷三方面的问题。借鉴国外成熟证券市场监管体制的经验，结合我国国 情本文提出：应积极转变政府监管管理理念，如以国际证监会为基准重置监管 目标，明确政府规则制定者角色以及制定合理的具体发展路线；应寻求政府监 管与市场机制的平衡，如预防多方面因素，保持市场稳定，发挥市场能动性， 同时拓宽证监会权限；应强化证券监管体制，协调监管与司法对接并将证券监 管提高到制度安排的高度上来，同时注重对监管机构的再监管。有理由相信经 过各方共同努力我国证券市场一定会健康持续发展。 关键词：证券市场 政府监管 监管体制 I II Abstract Chinas securities market has made considerable progress in recent years. The Shanghai and Shenzhen motherboard increased in large scales, and stocks, bonds, options, futures and other financial derivatives contributed an important force to stimulate the national economy. The securities market has increasingly become an irreplaceable part of our modern market economy, and its stability is directly related to the healthy development of Chinas national economy. Although Chinas securities market has experienced rapid growth, but there is a large-scale information asymmetry in the market, as well as excessive competition, monopoly and economic external phenomenon, and thus lead to the Companys financial statements have been tampered with and landscaping, insider trading, price manipulation and many other issues, the market faces the risk of failure, the market has not spontaneously achieve smooth operation of colleges and universities. Meantime, China is in a period of economic transition, the increasing demand for the expansion of the capital market, various contrast forces are also looking for the best balance, the market is more prominent contradictions. Such as the risk of the split share structure reform, market f