摘要
2001年以来的“股市困境”引起了人们的广泛关注,甚至有人提出了“股市边缘论”。本文从企业融资决策以及金融机构与金融市场对比的视角出发,借鉴国际经验,对中国经济转型时期股票市场的定位问题进行了分析,我们认为股票市场在金融体系和融资结构中应该居于次要地位,银行主导型金融体系是中国的合适选择。
The Puzzle Dom faced CSM since 2001 has long been the focus of those interested in stock market, and someone raised the viewpoint that CSM is verging. This paper has made a thorough analysis of the Position - Setting of China's Stock Market in the Period of Economy Transitioning. And we hold that a bank - dominated financial system is the proper choice of china and stock market should be a supplement to the bank system. Also we have discussed the verging viewpoint of CSM.
出处
《财经科学》
CSSCI
北大核心
2005年第5期1-7,共7页
Finance & Economics
基金
国家社会科学基金项目(NO.04BJL027)的阶段性成果
教育部、财政部“985工程”哲学社会科学创新基地--南京大学经济转型和发展研究中心的资助。