Stock Issue Price Of Market-oriented Decision

How to give the price of stock-publishing has been a key problem to discuss, since stock market was established in China. Nowdays the mechanism of giving the price of stock-publishing is from government plan, no market. How to give the reasonable price of stock-publishing according price principle is becoming a hot problem. Reformation of mechanism of giving the price of stock-publishing is a very important step in the way which goes to the nature stock market. The price of stock-publishing should be decided by market. We should abolish the fixed calculation method for price of stock-publishing.Many articles have talked about the problem from different view, hut almost nobody can analyze the problem from economic theories.This article analyses the problem about the mechanism of giving the price of stock-publishing by rent-seeking theory. Firstly, it introduces a process to decide price of stock-publishing. Secondly, it lists key factors to affect the price of stock-publishing. Finally, it gives some suggestion for reformation of mechanism of giving the price of stock-publishing...