文档介绍：我国首次公开发行监管制度的优缺点,对首次公开发行审核机制多方面提出可行性
改良意见。
关键词:首次公开发行股票 监管制度 核准制 注册制
Abstract
After decades of development, securities market has e an important power of stimulating the national economy development, and has played an important role in promoting social division of labor, etc. IPO (Initial public offering), the Initial public offering stock shares, refers to the enterprise selling its shares to the public for the first time. Securities market is developed from a capitalist market economy after a certain stage of development. Since it has been the focus of the government intervention from its emergence, the government regulation of the western countries securities market shall been discussed. The securities market supervision system of modern western developed country, has achieved a plete point. With its rich historical experiences and lessons, China mainland securities market shall treat it for reference.
This paper tries to summarize the development of stock issuing system and its corresponding regulation of the theory development history of the system. Through the practical application of the IPO regulation theory, namely the initial public offering process detailed analysis parison of the United States of America experience issuance supervision of the securities market, this article intents to put forward feasible improvement, optimize the public audit system for the domestic securities market supervision, and in a more efficient and convenient regulation technique guarantee rationalization, mature stock market operation, and ultimately safeguard investors' legitimate rights and interests. The full text is divided into five chapters:
The first chapter includes the historical development of the securities market in China, the existing structure and function, b the domestic stock market.
The second chapter focuses to business enterprise initial public offering of securities issuance phase. Analysis the initial public offering specific rules of procedure and