股权分置改革与中国资本市场发展

股权分置改革对中国资本市场意义重大,从制度上解决了资本市场的缺陷,有利于资本市场的长期稳定发展。股权分置改革对完善中国产权制度改革,公司法人结构治理,解决上市公司的问题都很重要。资本市场由于存在流通股和非流通股的割裂现象,流通股和非流通股东利益不一致,出现大股东侵占小股东的利益,使资本市场变成一个圈钱的市场。只有通过流通股东和非流通股东的博弈,解决股权割裂,中国资本市场才能与经济快速发展相匹配,才能成为经济的晴雨表。

The Reform of the Stockholder's Rights Devided Set and the Development of the Capital Market in China

The reform of the stockholder's rights devided set means much to the capital market in China.It has solved the flaw in the capital market from the system. It's beneficial to the developm-ent of long-term stable the capital market. It's very important to consummate the reform of the Chinese property right system, to govern the structure of the company's legal person and to solve the problem in the company on the market .Because the separation phenomenon of the circulation stock and the noncirculation stock and the shareholder benefit between them exist in the capital market ,the major stockholder invades the minor stockholder's benefit, which causes the capital market to lose the efficiency which it should have. Only through struggling between the circulation stock and non-circulation stock to solve the separation of the stock rights, the capital market can be a match for the quick economical development, can become the economical barometer and can develop normally.