证券法的公平与效率及其均衡与整合——兼论我国证券法之立法连续性不足

从法律与经济的层面分析 ,证券法的公平体现分配正义 ,反映了证券法中应有的理想法律价值 ;证券法的效率为一种制度效率 ,体现了证券法对其所调整关系的现实作用。证券法的公平以秩序为形式 ,以主体的平等、自由为内容。在我国的时代背景下 ,证券法中公平与效率的关系理论上应该是公平促进效率、效率体现公平 ,但由于理论理想与现实目标的冲突 ,在立法与法的实施等实践过程中 ,现阶段应着重对公平与效率二价值取向的均衡与整合。

Analysis being based on the view of law and economy, equity in the securities law should embody the justice of distribution, and be the reflection of the ideal value in the law; efficiency of the Law is the kind of a systematic one, embodying the practical function of the law in its regulation of the related legal relations. Equity of the Law has the content of equality and freedom in its connotative essence, order being its form. On the background of present time in China in securities law, theoratically ,equity and efficiency have the relationship that the former promotes efficiency and the latter embodys equity. While in practical legislation and Law inforcement, due to the conflicts between realistic goals and theorelicalideals, currently, emphasis should be laid on the issue of equilibrium and integration of these two value orientations.