摘要优先股票有三个方面的特色,分别是平稳的股票利息,持有股票融资和无决定权。这些内容中,起伏不大的利息能够让更多爱好稳定报酬的投资集团或是个人参与到其中,满足当下我国A股市场中很大部分的一批分散用户与银行储存用户的使用要求,使得有关单位在社保这一类的民生问题得到有效的处理;持有股票数量与融资之间的关系呈现特性能够让企业背负债务的比率大大的减小,偿还贷款也变得较为轻松;无决定权让多数企业在进行上一个操作时不会再因为操控权的问题遭到威胁,不过复活表决权可以让各个股东认真地对待作为股东的责任,使得企业走上轨道,促进业务的进一步发展。然而,虽然优先股具备上述的优势,它在我国的股票市场近几十年的发展进程中也并没有被充分的利用起来,这就造成知晓这一股票的人并不多。30740
本文从优先股的有关涵义与它在国内的进程这一方面入手作了讲述,并根据国外已有的优先股发展经验对我国优先股的发展列出了需要注意之处。接下来选取境内优先股发行的典型案例对优先股的影响进行细致分析,并以此向我国优先股的未来发展提出了政策性建议。
关键词 优先股 A股市场 影响 投资
毕业论文外文摘要
Title The analysis of preference shares issued A shares market impact
Abstract
Preferred stock has three major characteristics: stable pidends, equity financing, non voting. Stable pidend to attract stable investment returns of institutional investors and inpidual investors, to meet the current needs of China's A-share market to the vast majority of retail banks and depositors, such as social security fund and the relationship between people's livelihood social fund investment difficult problem solving; characteristics of equity financing can reduce the debt ratio of the enterprise, reduce the pressure owing on the loan; non voting makes enterprises in equity financing and non control diluted worries, but the possible resurrection voting power prompted the controlling shareholder of conscientious, serious business, conducive to industrial development. Even if the preference shares have the merits of the case, in the 30 years of rapid development of China's stock market has not been enough attention and use. As a result, the visibility is very low.
In this paper, the concept of preference shares and the development in China is introduced, and some comments based on foreign precedent experience on preference shares are listed. Then a typical case study is made to have a deep understanding on the influence of preference shares, according to which some policy suggestions are made to the future development of preference shares in China.
Keywords A preferred stock; stock market; investment effect.
目 次
1 引言 1
2优先股概述 3
2.1优先股的概念 3
2.2优先股的特点 3
2.3优先股的优点 3
3我国优先股制度发展的现状以及国外经验启示 5
3.1可以进一步完善股票分类制度 5
3.2增加投资渠道,稳定A股市场 5
3.3满足A股市场上多样化的融资需求 6
3.4为企业提供重要的控制权工具 6
3.5促进A股市场上风险投资业的发展 7
4 优先股发行企业案例研究 9
4.1公司简介 9
4.2 公司优先股的发行 10
4.3 公司章程中关于优先股的规定 11
4.4 发行优先股后的影响 12
4.5 案例总结 12
5我国优先股制度发展建议 14 优先股发行对A股市场的影响分析:http://www.youerw.com/jingji/lunwen_26616.html