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近几年来,伴随着市场化改革进程的加快,金融创新不断的发展,我国股票市场发展迅猛,国内企业整体融资格局也因此发生了较大变化:(1)直接融资比例不断上升。(2)机构投资者发展迅速。(3)股票市场的参与者规模迅速扩大。究其原因主要是因为:(1)银行融资的主导作用,随着直接融资规模
In recent years, along with the acceleration of the marketization reform process and the constant development of financial innovation, the stock market in our country has developed rapidly. Therefore, the overall financing structure of domestic enterprises has undergone great changes: (1) The proportion of direct financing has been on the rise. (2) Institutional investors have developed rapidly. (3) The size of the participants in the stock market expanded rapidly. The main reason is because: (1) the leading role of bank financing, with the direct financing scale