中小企业集合债券牵头人机制研究  

A Study of Initiator System of SME Set Bond

作　　者：陈怡西[1] CHEN Yixi(School of Legal Studies, Guangdong University of Foreign Studies, Guangzhou 510420, China)

机构地区：[1]广东外语外贸大学法学院,广州510420

出　　处：《广东外语外贸大学学报》2016年第6期91-97,共7页Journal of Guangdong University of Foreign Studies

摘　　要：牵头人机制是组织发行中小企业集合债券的首要环节,亦是政府扶持中小企业发展的重要举措。通过论证宏观调控的效果、中小企业的需求与认同以及市场自发组织的缺陷,可以得出牵头人机制的存在和运行具有正当性。但是,由于法律规范较为滞后,中小企业集合债券牵头人机制在现实中仍然存在许多问题,有必要从明确牵头人职责、建立调查宣传和考核机制、完善筛选机制以及建立民主参与机制等几个方面予以完善。Initiator system is not only the first stage for the organization and issuance of SME Set Bond,but also an important measure for government to support SMEs. The rationale for the existence and operationof initiator system can be proved through the elaboration of the effects on macro-economic regulation, de-mands of SMEs and defects of the market regulation mechanism. However, the initiator system of SME SetBond still faces many problems due to the lag of China＇s legal construction in related fields. Thus it is essen-tial to improve the initiator system in the following aspects ： specification of the initiator＇s responsibilities, es-tablishment of investigation and evaluation system, maturity of the screening system and building of demo-cratic participation mechanism, etc.

关 键 词：中小企业集合债券 牵头人机制 法律制度 

分 类 号：F810.5[经济管理—财政学]