浅论股权分置改革对我国股市发展的影响

本科生毕业论文（设计）

浅论股权分置改革对我国股市发展的论文题目：

影响

姓名：魏江

学号：004410110148

班级：春季班

年级：10级

专业：投资与理财

学院：保险职业学院

指导教师：戴念念教授

完成时间：2011年8月12号

作者声明

本毕业论文（设计）是在导师的指导下由本人独立撰写完成的，没有剽窃、抄袭、造假等违反道德、学术规范和其他侵权行为。对本论文（设计）的研究做出重要贡献的个人和集体，均已在文中以明确方式标明。因本毕业论文（设计）引起的法律结果完全由本人承担。

特此声明。

作者专业：投资与理财

作者学号：004410110148

作者签名：

201 年月日

浅论股权分置改革对我国股市发展的影响

魏江

Theory equity division reform of Chinese stock market development influence

wei jiang

二〇一一年八月十二日

摘要

股权分置是指上市公司的一部分股份上市流通，另一部分暂不上市流通。股权分置改革是政府将以前不可上市流通的国有股拿到市场上流通，使上市公司的股份全部流通，实现上市公司股票的同股同权同利。股权分置问题一直被认为是我国股票市场有别于发达国家股票市场的最重要特征，也是我国股票市场发展不规范的深层次原因，股权分置改革的推出在理论上消除了这种特征。

本文在分析我国股权分置改革的背景基础上，剖析了我国长期以来的股权分置对我国股票市场发展的制约因素。简单介绍了股权分置改革的历程，股权分置改革过程中出现的一系列问题，就改革过程中出现的这些问题进行了讨论并提出了解决这些问题的建议。

本文重点阐述了股权分置改革对我国股票市场的影响。分别就股权分置改革对我国股票市场的制度、上市公司以及投资者的影响进行了分析。

本文系运用规范研究方法进行的专题研究，全文共分为四个部分：第一部分，分析了我国股权分置改革的背景以及股权分置对我国股市发展的危害。第二部分，简单介绍了股权分置改革的历程。第三部分，分析了股权分置改革中出现的一些问题以及应对方法并提出了一些建议。第四部分，重点论述了股权分置改革对我国股市的影响。

本文主要创新体现在探讨了股权分置改革中出现的问题，并提出了个人关于解决这些问题的方法与建议。

关键词：股权分置；股权分置改革；改革历程；对我国股市发展的影响

Abstract

Split-share refers to the part of listed companies listed shares in circulation, another part is not listed in circulation. The non-tradable share reform is the government will not previously listed on the circulation of state-owned shares to circulate on the market, make the listed companies of all of the shares in circulation, realization of the shares of the listed company with coequal with benefit. Equity divides buy problem has been considered to be in the stock market of our country is different from the developed country stock market of the most important features, but also the development of the Chinese stock market does not regulate the deep-seated reasons, the share-trading reform launched in theory eliminate this feature.

Based on the analysis of the background of non-tradable shares reform foundation, has analyzed our country has long been the non-tradable shares on the stock market in China the factors of restricting the development of. Briefly introduces the share-trading reform of non-tradable share reform process, a series of problems in the course of reform, in the process of the emergence of these problems are discussed and put forward suggestions to solve these problems.

This paper focuses on the share-trading reform 's influence on China's stock market. On the reform of non-tradable shares on the stock market of our country, the system of listed companies and investors are analyzed.

This paper studies the use of standardized methods of special study, the full text is divided into four parts: the first part, analysed our country the background of non-tradable shares reform and the non-tradable share reform upon China's stock market development harm. The second part, briefly introduces the share-trading reform process. The third part, analysis of the reform of non-tradable shares in some of the problems and puts forward some suggestions for coping method. The fourth part, discusses the non-tradable share reform upon China's stock market effect.

This paper mainly discusses the innovation is reflected in the share-trading reform problems, and puts forward the solutions to these problems and suggestions.

Key words : non-tradable shares; the share-trading reform; reform of course; the impact on China s stock market development