摘要
新三板市场是我国多层次资本市场的重要组成部分。2012年以来,新三板挂牌企业数量迅速增加,呈现出以新兴产业为主要领域、成长性较强等特点。然而,与创业板等场内市场相比,新三板市场存在投资回报相对偏低等差距,在一定程度上会影响私募股权投资机构的积极性。要更好地发挥新三板市场的功能和作用,必须对新三板市场的现行制度进行改革和完善,使投资者得到良好的投资回报,以增强新三板市场对投资者的吸引力。
The OTCBB （ Over the Counter Bulletin Board ） is an important part of China＇s multi-level capital markets. Since 2012, the listed firms on the OTCBB experienced rapid increase, which shows that the main characteristics of the OTCBB are emerged industries with strong growth. However, compared with Growth Enterprise Market （ GEM ） and other exchange market, the OTCBB has relatively low return on investment, which will have certain effect on the enthusiasm of private equity investment institutions. To better perform its function, the OTCBB system needs comprehensive reform and improvement, so that investors could get a good return on investment.
出处
《南方金融》
北大核心
2013年第11期80-84,共5页
South China Finance
关键词
资本市场
新三板
股权投资
投资回报
Capital Market
OTCBB
Equity Investment
Return on Investment
