对我国股权分置面临难题的思考

The thinking about the difficulty with our country stockholder's rights assign

在处理股权分置问题上,不能简单地以成熟市场的全流通作为参照系,也不能将某些必要的环节简单化,重要的是要探究股权分置对市场的实际影响,明白其作用机理。解决股权分置问题的关键是建立流通定价机制,权衡各方面因素后再进行选择,处理好流通股和非流通股问题,以使大中小股东的利益不受损害,并为企业的长远发展提供更加广阔空间,使国家在国民经济的运行中发挥更加有效的调控作用。

According to the question in processing stockholder＇s fights assign, we should neither simply take the completely circulation of mature market as the reference nor make some certain necessary link simplification. The important thing is to inquire its actual influence to the market and to understand its action mechanism. To solve this difficulty, the key is to establish the circulative price-fixed mechanism, carry on the choice again after consider all factors, well processes the question on circulative stock and the noncirculative stock, then make sure the stockholder in each level can be prevent from harming. To make it provide an broader space for enterprise＇s long term development, enable the our country to play an effective control role in the process of national economy development.