摘要
我国票据融资近几年有了较突出进展 ,但有关票据融资与票据市场的理论问题还有待深入探讨。本文从经济循环、企业的流动性需求、票据融资的担保、真实票据理论的局限性、票据融资的信用基础和票据市场的经济地位方面 ,进一步论述了发展票据融资、建立健全票据市场的经济功能和运行机制 ,试图解析票据融资发展过程中出现的一些争论和疑虑。
Commercial paper financing in China has been developed in recent years. However, the related theoretical discussion about this issue has not deepened enough. In the paper, the author further discusses the development of commercial paper financing and the improvement of the economic and operational functions of commercial paper market based on analyzing of economic cycle, liquidity demand of enterprises, the guarantee of commercial paper financing, the limitation of commercial paper theory, the credit culture of commercial paper financing and the economic position of the commercial paper market, and so on. Finally, the author is trying to give his opinions on some debates and questions about the commercial paper financing development.
出处
《金融研究》
CSSCI
北大核心
2002年第1期93-100,共8页
Journal of Financial Research