摘要
由于我国转制的渐进性 ,在国有企业改制时 ,安排了大比例的非流通股 ,随着转制的推进 ,经济的发展 ,上市公司非流通股表露出了局限性 ,针对已公布的法规政策 ,非流通股将向相关投资者转让 ,形成非流通股市场 ,运用供求理论考证了这些法规政策将对证券市场的影响。
Due to the progressing of the institutional reform in our country, a large quantity of nonnegotiable shares have been arranged when state-owned enterprises are reformed.With the development of the reform and economy, the weakness of the arrangement gradually appears.The paper analyses how these laws and polices affect the present stock market with the theory of demand and supply.
出处
《商业研究》
北大核心
2004年第24期57-58,共2页
Commercial Research
关键词
非流通股市场
投资价值凸现
竞价转让
政策缺口
nonnegotiable shares market
outstanding invest value
transaction
policy gap