Study Of Measures For Improving Corporate Bond Market

Corporate bond market is an important component of financial market, and has become the core of financial market in countries and regions with developed market economy, such as America and Japan. Chinese corporate bond market came into being with the reform and opening-up, but it does not develop rapidly along with the smooth progress of the latter. And the functions of corporate bonds in corporate finance, capital operation, economic development and other aspects are not brought into full play, which manifests itself in the problems occurring in the development of Chinese corporate bond market.Under the theoretical guidance of Marxist Economics, in combination with corporate finance theory of Western economics, this thesis gives an in-depth analysis of the issue, circulation, regulation and risk prevention of Chinese corporate bond market from the aspects of national policy, market operation, legal environment and policy proposal in an effort to indentify the problems existing in the issue, circulation and regulation processes of corporate bond market and work out the major reasons of these problems. Based on the experience of America, Japan, German and other world economically developed countries in corporate bond market and in conjunction with reality of our current economic development, this thesis offers some relevant proposals for these major problems and the betterment of corporate bond market system.