摘要
中国证监会已明确提出我国股票公开发行审核制度的改革方向是实行注册制。然而,关于我国股票公开发行审核制度为什么要选择注册制,如何判断实行注册制时机已经成熟,以及如何向注册制过渡这三个基本问题,现有研究成果还无法提供令人满意的解释。为弥补现有研究的不足,本文就这三个问题进行了探讨。
China Securities Regulatory Commission has declared that orientation of reform of verifying system of public stock issue is to establish registration system. However, the following basic related problems have not been fully discussed: Why we should choose registration system? How could we make judgment about the proper time to establish registration system? And how do we establish registration system gradually? The present researches can't provide satisfied explanations. The author makes a further discussion about the above three problems and tries to give some advices.
出处
《上海金融学院学报》
2007年第5期23-31,共9页
Journal of Shanhai Finance University
关键词
股票公开发行
注册制
交易费用
public stock issue
registration system
transaction cost