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On The Realization Of China's Stock Market To Invest In Value-added Features

Posted on:2008-02-13Degree:MasterType:Thesis
Country:ChinaCandidate:Y ZhangFull Text:PDF
GTID:2199360215454202Subject:Finance
Abstract/Summary:PDF Full Text Request
The stock market is to raise funds and investors to participate in the two main markets. One is the demand side of the capital, the financing function of the stock market need for the smooth operation, the other is supplying funds, need to have good investment value functions of the stock market are willing to provide funds. The function of the stock market to raise capital and investment value of the function is equally important. However, in view of the stock market for funding from the theoretical to the management, function of raising capital is over-emphasis whether the function of investment value-added relatively neglected. This article discusses the meaning of value-added investment in the stock market and its important role. Through empirical study to the Shanghai stock markets, we find that the stock market in China, to rise funds for investment in value-added functions have played a strong role in a positive correlation. Special Stock Index is above the target rate of return on investment and value-added growth rate of the Shanghai Stock Exchange to raise funds to do return, We find that the number of changes in funding on the Shanghai Stock Exchange Index is a positive correlation between the change, also indicates that the Shanghai stock market investment value function is the function of the realization of the impact of financing. Also indicates that the Shanghai stock market investment value of the functional significance of the healthy development of China's stock market.Then, the comprehensive appraisal of the investment value of the functional is the significance of the healthy development of Chinese stock market Realization of the value of the stock investment conduction mechanism Discussion of the current shareholder structure reform in Chinese stock market is drawing to a close. What is the factor that hindered the development of Chinese stock market investment value function better play, thereby affecting the development of the stock market. Then, the realization of mechanism of the value-added functions depends on the corresponding counter-measures: scattered concentration of ownership; Customs seize the issue, strong profitability of the companies listed as possible; establish a sound internal control system and enhance the transparency of the operation of the company; strengthen information disclosure system and enhance information disclosure breadth, depth and timeliness and enhance external supervision protecting the interests of investors, unusual fluctuations in the stock market and the establishment of a rapid response mechanism of monetary policy.
Keywords/Search Tags:function of value-added, information disclosure, value promoting
PDF Full Text Request
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