摘要
退市制度的行政化理念导致退市过程中市场化原则和投资者保护原则难以体现,人为操纵和行政干预非常普遍,从而使市场的优胜劣汰机制难以有效地建立起来。
This article is a comment on the evolution tendency of de-listing mechanism of international market and stock listing practice in China. It is believed that, in current China, prevalence of administrative meddling stands in the way of investors protection. Implementation of market principle has a long way to go.
出处
《证券市场导报》
北大核心
2004年第9期66-70,共5页
Securities Market Herald
