论文部分内容阅读
我国的经济市场具有特殊性,经济转轨时期我国企业集团内部资本市场的发展也带有个性特点。本文首先介绍了我国的特殊经济环境,对内部资本市场的特征做了概述。通过对内外部资本市场的比较,充分认识到内外部资本密不可分的关系。企业集团内部资本市场有三种形成机制,分别是国有企业重组形成、集团发展策略形成、民营企业转化形成。各种形成机制都有其特殊的原因,本文就其在特殊的历史背景下的形成原因分别讨论,为企业集团的发展提供依据。
The economic market in our country is special. In the period of economic transition, the development of the internal capital market of our country’s enterprise group also has the characteristics of personality. This paper first introduces the special economic environment in our country and gives an overview of the characteristics of the internal capital market. Through the comparison of the internal and external capital markets, we fully recognize that the internal and external capital are inextricably linked. There are three kinds of formation mechanisms in the internal capital market of an enterprise group. They are the reorganization of state-owned enterprises, the formation of group development strategies, and the transformation of private-owned enterprises. Various formation mechanisms have their own special reasons. This article discusses separately the formation reasons under the special historical background and provides the basis for the development of enterprise groups.