本文主要以产权理论为工具探讨了股票发行制度的内在机理。
This paper mainly analyzes the internal nature of stock-issuing system by use of the property right theory.
不同发行制度下IPO定价效率的研究。
Study on pricing efficiency of IPO going public in different offering system.
第三章，完善我国证券非公开发行制度的构想。
Chapter Three, Improve and adjust our country's concept of the system of issuing securities.
资本维持原则普遍采取“票面金额”制和禁止折价发行等股票发行制度。
The doctrine of capital maintenance generally implements the par-value stock and forbid-discounting stock.
第四章研究了可转换公司债券发行制度与可转换公司债券债权人保护的关系。
In Chapter 4, I discussed the relationship between the issuance system and the protection of convertible bonds holders.
同时，我们发现随着发行制度的完善，大部分指标的显著性逐渐增强，更具有解释能力。
Meanwhile, we find that most of the indexes' significance is increasing gradually and its explanation is much stronger.
第四章为IPO折价实证研究部分，分四阶段研究了我国在不同发行制度下的IPO折价特征。
The fourth chapter is empirical research, which studies the IPO underpricing characteristics in different issue institutions from four stages.
股票发行机制是一个宏观的范畴，不仅指具体的发行制度、发行方式、定价方法，还包括一系列的内外部市场环境。
The stock launching system is a macroscopical concept which entails specific launching system, method, price fixing method as well as a series of internal and external marketing environment.
本市对电影发行、放映活动实行许可证制度。
The municipality shall apply the licensing system to film release and showing activities.
企业债券市场作为发达证券市场的重要组成部分，它有着完善的发行、交易制度和丰富的企业债券品种体系。
The enterprise bonds market had perfect issuance and transactions system and substantial bonds product in the mature securities market, and it had become the major component of its securities market.
最后，本文提出完善股票发行审核制度的对策。
Lastly, the thesis proposes some countermeasures on how to improve the examining and verifying system of stock issue.
公司股票发行与上市制度、证券管理体制及上市公司内部治理结构的缺陷是造成上市公司年报粉饰行为产生的主要原因。
The falsified annual reports by some listed companies are generally caused by the institutional defects in stock issuing and marketing system, management system and inner corporate governance.
通过发行住房债券和建立住房储蓄制度来完善福利性住房的资金来源；
Second, to expand the sources of welfare housing fund through issuing housing bonds and establishing housing savings system.
本文将重点论述地方公债制度的建立，以及如何确保地方公债高效、合理、有序的发行。
Here, this article will mainly discuss how to establish the local government bond system elaborately to guarantee the launch highly effective, reasonable and regular.
在证券发行和上市后公司仍然必须依照法律规定的程序与方式持续地披露信息，这就是证券市场信息持续披露制度。
Initial disclosure system in the securities market includes information disclosure at issuing time and information disclosure while going on the securities market.
第三条中央企业应当加强风险防范意识，建立健全有关债券发行的风险防范和控制制度。
Article 3 Central enterprises shall strengthen their risk prevention awareness, and set up and improve the system for the prevention and control of risks involved in bond issue.
彩票业制度与规范是彩票发行“公平、公开、公正”的关键。
The system and standard of the lottery industry is the key of "justice, publicity, equity" of the lottery issuance.
本文运用新制度经济学理论，系统分析了中国股票发行审核制度变迁。
Based on the theories of institution change of New institution Economics, this thesis gives a systematic analysis of the evolution of stock issuing system in China.
现代经济制度下，铸币税是指中央银行的货币发行所获得的利润。
Under the modern economic system, seigniorage refers to the profit gained from the Central Bank's money issuing.
国家实行出版物发行许可制度，未经许可，任何单位和个人不得从事出版物发行活动。
The State applies a system of permit to the distribution of publications. Without a permit, no entity or individual may engage in the activity of distributing publications.
美国对证券发行的管理主要是通过证券发行注册制度实现的。
The Americanmanagement of securities issue is fulfilled mainly by its registration system.
第三条国家实行出版物发行许可制度，未经许可，任何单位和个人不得从事出版物发行活动。
Article 3 the State applies a licensing system to the distribution of publications. Without a permit, no entity or individual may engage in the activity of distributing publications.
信息披露制度是现代证券市场的重要基石，而虚假陈述则是发行人对信息披露义务的严重违反。
The information disclosure system is the fundamental basis of the securities markets, thus misrepresentation is deemed to be issuer's serious violation of information disclosure obligation.
在我国制定和实施保荐人制度，旨在建立市场力量对证券发行上市的约束机制。
The system of recommenders is established and enforced for the sake of creating a mechanism of keeping the issuance of securities within bounds by forming a marketing force.
公开发行公司执行前项检查，应于内部控制制度订定自行检查作业之程序及方法。
Before carrying out the inspection under the preceding paragraph, a public company shall set out in its internal control systems the procedures and methods for self-inspection operations.
公开发行公司执行前项检查，应于内部控制制度订定自行检查作业之程序及方法。
Before carrying out the inspection under the preceding paragraph, a public company shall set out in its internal control systems the procedures and methods for self-inspection operations.
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