我国股票市场资本配置效率研究  

A Study on the Capital Allocation Efficiency in China's Stock Market

作　　者：李明义[1] 张东成[1] 

机构地区：[1]北京工商大学经济学院,北京100037

出　　处：《北京工商大学学报（社会科学版）》2007年第4期15-20,共6页JOURNAL OF BEIJING TECHNOLOGY AND BUSINESS UNIVERSITY:SOCIAL SCIENCES

摘　　要：资本配置效率作为衡量股票市场有效性的重要指标,一直是股票市场发展中的核心问题。我国股票市场经过十几年的发展,上市公司数目不断增加,规模迅速扩大,融资额也创出新高,股票市场的发展为国民经济的发展提供了强大的推动力。但从股票市场本身的资本配置效率来讲,并不能令人满意。As an important index to measure the effectiveness of stock market, the capital allocation efficiency has consistently been a core in the development of stock market. After more than ten years＇ development in China＇s stock market, with the number of listed companies increasing continuously, the scale enlarging rapidly and the financing amount coming to a new high, the stock market has given an increasing impetus to the development of national economy. However, it is not satisfactory in the stock market in terms of the capital allocation efficiency.

关 键 词：股票市场 资本配置 效率 

分 类 号：F830.91[经济管理—金融学]