我国上市公司过度融资问题及治理措施浅析

On the Issue of China's Listed Companies over Financing and Control Measures

上市公司的过度融资是一种非理性的行为,在给控股股东带来大量资金的同时也会对上市公司以及上市公司的中小股东带来不利影响,同时也会给资本市场的发展带来不利影响。如何抑制上市公司过度融资的欲望,治理上市公司过度融资问题,成为资本市场可持续发展的关键问题。文章从上市公司过度融资的风险性着手,分析抑制上市公司过度融资的意义及解决办法,以便为我国资本市场的健康发展提供决策支持。

The excessive financing of listed companies is a kind of irrational behavior, which brings a lot of benefits for controlling shareholders, while brings adverse effect to listed companies and minority shareholders of listed companies and capital markets. So how to curb excessive financing desire of listed companies,and govern listed companies excessive financing problems become the key issue in the sustainable development of the capital market. Start from the dangers of excessive financing of listed companies, this paper analyzes the significance and the solution of inhibiting excessive financing of listed companies in order to provide decision support for the healthy development of capital market in China.