GF证券公司中小企业私募债券承销业务发展研究

发布时间：2018-05-04 02:46

本文选题：中小企业 + GF证券　；参考：《兰州大学》2013年硕士论文

【摘要】：中小企业在我国经济份额中占有不小比例,在解决就业问题、社会稳定等方面做出了积极的贡献。然而多年来,融资难一直是困扰中小企业发展的瓶颈。2012年,这一问题有望解决,中小企业私募债券在试点省份内进行发行,推出中小企业私募债是我国证券市场的一大创新和改革,进一步丰富了我国债券市场的结构,也是完善我国资本市场体系的一个重大突破。而国内的相关配套政策还有待于进一步完善,尤其在法律法规方面,可依据的较少,在目前经济放缓的大背景下,中小企业私募债券的发行还存在不少的阻力。本文以GF证券为例,对甘肃省中小企业私募债券承销业务的发展进行了研究。全文共分为七个部分,其主要内容如下：第一、二部分是相关理论内容,本课题的背景与意义,以及私募证券的相关理论综述,为后面的展开研究打下了理论基础。第三部分为国内外中小企业私募债券研究及发展现状,通过对国内外相关国家的业务分析,说明中小企业私募债券的目前的研究程度,我国该业务才刚刚起步,研究该课题对我国中小企业的发展有什么样的促进作用。第四部分为甘肃省中小企业私募债券业务的发展评估。该部分主要从以下三个方面进行分析：中小企业私募债券的特点,甘肃省中小企业私募债券融资的需求；中小企业私募债券融资面临的困难。第五部分为本文的重点内容。该部分中小企业私募债券承销业务发展的环境评估,主要以GF证券为例。给部分从宏观、中观、微观三个方面来进行评估。宏观方面对债券市场的环境状况、中小企业私募债经济环境、中小企业私募债法律环境等方面进行评估；中观方面从甘肃省的市场规模、证券行业对甘肃省私募债券的承销能力进行评估；微观方面则具体从GF证券出发,对可能性、条件、能力、定价等问题进行评价。第六部分为GF证券公司中小企业私募债承销业务的发展建议,该部分给出了以下两个建议：宏观政策建议以及承销业务建议。第七部分为结论与展望。
[Abstract]:Small and medium-sized enterprises account for a large proportion of our country's economic share and have made positive contributions to solving employment problems and social stability. For years, however, financing difficulties have been the bottleneck that has plagued the development of small and medium-sized enterprises. In 2012, the problem is expected to be resolved, and private equity bonds for small and medium-sized enterprises have been issued in pilot provinces. It is a great innovation and reform of China's securities market to launch private equity debt of small and medium-sized enterprises, which further enriches the structure of our country's bond market and is also a major breakthrough in perfecting our country's capital market system. But the domestic related supporting policies still need to be further improved, especially in the law and regulations, can be based on less, in the context of the current economic slowdown, there is still a lot of resistance to the issuance of small and medium-sized private equity bonds. Taking GF Securities as an example, this paper studies the development of private bond underwriting business of small and medium sized enterprises in Gansu Province. The full text is divided into seven parts, the main contents are as follows: The first and second parts are the related theoretical content, the background and significance of this subject, as well as the related theoretical review of private equity, which lays a theoretical foundation for the following research. The third part is the domestic and foreign small and medium-sized enterprises private equity bond research and the development present situation, through the domestic and foreign related countries' business analysis, explains the small and medium-sized enterprise private placement bond present research degree, our country this business just started, The research on the development of small and medium-sized enterprises in China what kind of promotion role. The fourth part is the evaluation of the development of private bond business of small and medium sized enterprises in Gansu province. This part mainly analyzes from the following three aspects: the characteristics of small and medium-sized enterprises private equity bond financing, the demand of Gansu province small and medium-sized enterprises private equity bond financing, and the difficulties faced by small and medium-sized enterprises private equity bond financing. The fifth part is the key content of this paper. This part of small and medium-sized private-placement bond underwriting business development environment assessment, mainly take GF securities as an example. Give part from macro, meso, micro three aspects to evaluate. Macro aspects of the bond market environment, small and medium-sized enterprises private debt economic environment, small and medium-sized enterprises private equity debt legal environment and other aspects of evaluation; from the middle of Gansu Province market size, The securities industry evaluates the underwriting ability of private equity bonds in Gansu province, and evaluates the possibility, condition, ability, pricing and so on from the perspective of GF securities. The sixth part is the development suggestion of private equity underwriting business of GF securities company. This part gives the following two suggestions: macro policy recommendations and underwriting business recommendations. The seventh part is the conclusion and prospect.
【学位授予单位】：兰州大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F832.51

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