摘要
市场监管源于“市场失灵”。本文着重从理论上分析了投资者的有限理性、信息不对称、非完全竞争、信息产品的“公共性”及风险的外部性是如何导致企业债市场失效的 ,进而论证了企业债市场监管的必要性和适度性。
Market regulation was caused by its malfunction.This article focuses on analyzing theoretically how investor's insufficient rationality,information asymmetry,imperfect market,information goods publicity,and risk exteriorization cause the malfunction of corporate bond market,proving the necessity and appropriateness of corporate bond market regulaion.
出处
《山东财政学院学报》
2003年第5期21-23,共3页
Journal of Shandong Finance Institute