摘要
资本市场是以信息为轴心的市场,也是信息最不对称的市场.从信息经济学的角度看,资本市场的信息非对称必然引起"劣股驱逐良股"等逆向选择现象,并可能引发一系列道德风险,因此,建立完善的信息披露制度并籍此解决信息不对称问题是资本市场监管的着力点.
The capital market revolves around information and it＇s the most asymmetrical market. In the perspective of information economics, the asymmetry in the capital market .＂ must lead to adverse selection like ＂bad shares driving out good shares＂ and a series of moral hazards. As a result, forming a comprehensive information announcement system and solving the information asymmetry is the basis of the supervision in the capital market.
出处
《陕西科技大学学报（自然科学版）》
2007年第6期153-156,共4页
Journal of Shaanxi University of Science & Technology
关键词
资本市场
信息非对称
逆向选择
道德风险
capital market
information asymmetry
adverse selection
moral hazard
