Research On The Function Defect Of Resource Distribution Of The Stock Market Of China

In order to demonstrate the functional defects of resources distribution of domestic stock market, this article which is divided into four parts, tries to analyse the problems of agency and property right system in the company?s merging in domestic stock market, focusing on the analysis of extending from the problem of information and stimulus , using the method of combining theories with prove ,with the tool of new institutional economics and modern property right theories: 1. Survey of theory tool to solve the standard problem and the tool problem of judging the efficiency of resources distribution of stock market; 2. Problems?collecting by means of analysing the cases of quoted company?s merging; 3. Analysing the problem of information and stimulus and the problem of overcharging transaction costs which is caused by the former two problems; 4. Offering innovating suggestions on the basis of the above...