The Synthetic Profits Of China's Enterprises Participating International Securities Market's Finance: Theory And Policy

Traditionally,enterprise securities market financing means obtaining currency capital collection and currency capital profits by being listed in securities markets. This paper points out that international securities market financing has changed from the pure currency capital collection to global distribution of various resources through fully analyzing international and domestic securities market's foundation and development with the global economic integration. On the basis of enterprise original currency capital financing,the paper creatively raises out non-currency profit concepts in financing,builds up a financing synthetic profit model and analyzes this model with two-dimensional vector. The paper brings to light the value of the different sub-objectives contributing in the function of financial synthetic objective in a financial synthetic profit model through analyzing the volumes and slopes of the two-dimensional vector. The theoretical basis of the synthetic profits of enterprises participating international securities market financing has been brought out. It raises out suggestion on policy that how China's enterprises obtain non-currency financial profits in participating in international securities markets. It has great practical significance.