资源描述：
《欧美国家创业板市场兴衰对于中国创业板市场的启示论文》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。
1、欧美国家创业板市场兴衰对于中国创业板市场的启示论文摘要：本文从创业板市场的基本概念入手，在分析其性质与特点的基础之上，了解并研究美国二板市场的诞生与发展，分析美国创业板市场的兴衰历史，并适当探究其原因。通过对过去的总结，我们可以发现哪些问题应该值得深思。然后回到国内，在分析了其出台背景以及进行一些经济分析以后，将对国内外的二板市场加以比较分析.freelostnotablecharacteristicistheloarketposition,paringtotheMain-BoardMarket,GEMstillhasthefolloarke
2、tⅰNASDAQFeb.8thin1971,NASDAQformallystartedasanintangibleelectronicarketandelevel,NASDAQalsohasdifferentlistingstandardsfordifferenttypesofpanies.NASDAQhas3listingstandards,panieseetonlyonestandardcanbelisted,anumberofemerginghigh-techenterprisesuccessfullytoraisefunds,alar
3、genumberofsmallbusinessesstandoutthroughlistinginNASDAQandbeeneicrosoft.3.TheMixedTradingSystemofNASDAQIn1997,NASDAQimplementedne.Throughtheintroductionofnearketparticipants,.freelixedtradingsystemeritstomarketmakersystemandBiddingsystem.ⅱAlternativeInvestmentMarket(abb.AIM
4、)AIMgroesbiggerthantheyin1996arketpositionAIMisstronginclusivenessthatallandmedium-sizedenterpriseslistedinit.Thisdiversifiedindustrystructurenotonlyexpandsthescopeofthelistedpanies,butalsoavoidsSystemicmarketriskefficiently.Figure4TheSectorSelectioninAIM2.Looselistingrequi
5、rementsanduniquelifelongguarantorsystem.ThefinancialandquantityindexrequirementsoflistingonAIMisloainGEM.Ithasnorestrictionsonpanysize,ine,stocktransferandtheminimumrequirementofpublicholding.Theloreferstothelistedpaniesmusthireapanyeoflisting.GuarantorsareapprovedbyFSA,and
6、supervisedbyLSE.TheresponsibilityofAIMistoinspectguarantorstoensurethemperformingthEIrduties.3.AIMisaninternationalmarketAIMispositionedasaglobalGEM,thenumberofoverseaslistedpaniesaccountforabout10percentofthetotaloflistedpanies,easNASDAQ.AIMispositionedtocovergloballistedr
7、esources,tocreategoodglobalmarketbrandandtoascenditsinternationalreputation.ШAnalysisapproachesoftheGEMinChinaⅰDevelopmentHistoryoftheGEMinChinaFigure6ThedevelopmentofGEMinChinaⅣOperationsystemofChineseGEMparison1.IssuingstandardFirstly,ChineseGEMhasrequirementofprofitountr
8、equirementisstricterthanoverseas’.ChineseGEMhasquantitativerequirementsonthegrohas
