我国IPO制度市场化改革研究

发布时间：2018-04-24 03:18

本文选题：新股发行 + 制度改革　；参考：《中南大学》2013年硕士论文

【摘要】：摘要：新股发行制度改革是我国证券市场发展和改革的重中之重。迄今为止,我国新股发行已走过了20多年历史,发行体制从萌芽阶段到审批制阶段再到核准制阶段,期间,经历了若干次重大改革。证监会为推动新股发行体制市场化改革作出了不懈的努力,却一直不为市场所认同,备受市场诟病。目前,新股发行仍然是改改停停、停停改改,新股发行市场化改革仍然任重道远。本文通过对国内外新股发行文献进行理论分析,对比阐述国外成熟资本市场新股发行制度,分析我国新股发行制度的历史变迁,并着重系统分析了当前新股发行制度中的信息披露制度、保荐制度、询价配售制度、发审委制度及其他相关配套制度的不足。在此基础上,系统地提出了我国新股发行制度改革、新股发行配套措施、新股发行机制改进等政策建议,力求为我国新股发行市场化改革作出一些有益的思考和探索。
[Abstract]:Abstract: the reform of new issue system is the most important in the development and reform of China's securities market. Up to now, China's new issue has gone through more than 20 years of history, the issuing system from the embryonic stage to the examination and approval system to the stage of approval, during the period, experienced a number of major reforms. The Securities Regulatory Commission has made unremitting efforts to promote the market-oriented reform of the new issue system, but it has not been recognized by the market and has been criticized by the market. At present, the new issue is still to stop, stop and reform, the market reform of new stock issuance is still a long way to go. Based on the theoretical analysis of domestic and foreign new stock issuance documents, this paper compares and expounds the new issue system of foreign mature capital market, and analyzes the historical changes of the new issue system in our country. It also analyzes systematically the deficiency of the information disclosure system, the recommendation system, the inquiry placing system, the issuing and examining committee system and other related supporting systems in the current new issue system. On this basis, this paper systematically puts forward some policy suggestions, such as the reform of the new issue system, the supporting measures of the new issue, and the improvement of the new issue mechanism, in order to make some beneficial thinking and exploration for the market-oriented reform of the new stock issuance in our country.
【学位授予单位】：中南大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F832.51

【参考文献】