A Analysis On The Institution Of Chinese Securities Market Administration

Along with the increasingly perfecting of Chinese securities market administration, and the progressive strengthening of securities market supervising, expecially that many Chinese enterprises started adopting the structure of profit sharing and capital accumulation by entering the securities market after China entried into the World Trade Organization (WTO), the development of China's securities market is up against unprecedented opportunities. This thesis takes for that systematic analysis and deep exploration aiming for Chinese securities market administration are significant in theoretical aspect as well as in realistic aspectFrom the perspective of the theory of New-Institution-Economic, expecially from North's theory of Institution -Transferation, the thesis provides systematic analysis on the evolution of Chinese secunties market administration. The thesis points out different issues on securities market administration, provide solutions for the highly efficient, stable, orderly securities market to serve the economic development. The whole thesis is composed of four parts:Part one explains the theory of Compelly-Institution-Transferation, including its basic standpoint, and its pratical value on Chinese securities market securities.Part two emphasis on analysing the four Institution-transferration of our securities market, including the basic background, main actions and some comments on pros and cons.Part three discusses the cresative approach, problems, recommendations in Institution-Transferation of securities market, and provides recommendations on enforcing the secunties market administration. The details include: strengthen securities market risk management; Regulate and establish legitimate monitoring system; Establish centralized securities market management system, lower the cost of market monitoring; Establish efficient enforcement system, mprove the efficiency of makket management; Improve the administration of trading companies and the information exposure; Regulating the behavior of stock exchange media companies; Fully take advantage of stock exchange associations to set up bilateral monitoring system; Develop and create the self evolving and self management system for securities marketThe innovations of this article consist in two respects. One is the theme and point-making aspect Researches on the management of Chinese securities market are just launching in recent years. It is original to discuss the problems on recent Chinese securities market and delve on the direction and methods accelerating its developing. The other is the methods of research and its claims. This article employs lots of data to carry out empirical analysis, moreover, it puts forward some look-forward and operative policy suggestions.