论文部分内容阅读
对国际金融市场的参与者而言,追求资金的最有效配置是最重要的目标。企业到海外发行股票筹资,不但能降低筹资成本,提供另一稳定的资金来源,稳定公司经营以及提高企业的国际知名度,还能扩大股东基础,将“证券大众化”进一步推向“证券国际化”。对投资者则更有扩充投资渠道、分散风险、追求更高获利的优点。自1993年上海石化股份在美国纽约证券交易所成功上市以来,我国越来越多的境内企业奔赴海外资本市场,尤其
For participants in international financial markets, the most efficient allocation of funds to pursue the most efficient is the most important goal. Issuing stocks and raising funds overseas will not only reduce the financing costs, provide another stable source of funds, stabilize the operation of the company and enhance the international reputation of the enterprises, but also expand the shareholder base and further push the “securities popularity” to “securities globalization”. For investors, there is even more expansion of investment channels, diversification of risks and the pursuit of higher profitability. Since 1993, Shanghai Petrochemical shares successfully listed on the New York Stock Exchange, more and more domestic enterprises in our country went to overseas capital markets, especially