摘要
国有股减持的核心问题在于减持价格的确定 ,国有股流通的核心问题在于证券市场的资金承受能力 ,证券市场稳定发展及其社会资源再分配过程中的公平性。从市场利益机制入手 ,提出浮动定价配售策略 ,对国有股减持和流通的操作有效性进行探讨 。
The kernel problem of state owned shares' reduction lies in how to price the shares, while the kernel problem of their circulation lies in the capital sustainability of a securities market. The reduction of state owned shares is concerned with the steady development of the security market and the equity of the social resources reallocation. Based on market mechanism, a tactic is put forward for proportional sale of state owned shares through floating pricing. The operational practicability of the state owned shares' reduction and circulation is analyzed, with some relevant suggestions given to the specific circulation mode of the state owned shares that are allowed into the circulation market on the condition that the state gives up its shares holding authority.
出处
《西南交通大学学报》
EI
CSCD
北大核心
2002年第4期454-458,共5页
Journal of Southwest Jiaotong University
