第三部分就B股市场和国有股流通问题对我国股票市场分割问题进行了阐述。
The third part concerns the elaboration of market segmentation of our stock market, which included the question of B stock market and the circulation of state owned stock.
因而，探讨股票市场分割对我国公司治理的影响，研究如何消除我国股票市场的这种分割状况，使我国上市公司的治理更为有效，是非常有必要的。
To enhance the management of the listed companies, it's necessary to study the impact brought by market segmentation and work out a way to put an end to it.
但由于体制和制度设计的原因，股票市场的分割现象十分严重。
But stock market segmentation has been severe due to systematical and institutional factors.
本文针对中国股票市场1992- 1997年度的A股和B股的市场分割问题进行研究，并讨论了B股大幅度折价的原因。
This paper studies the issue of market segmentation of a shares and B shares in the Chinese stock market during the years of 1992-1997, and discusses the reasons for the deep discount of B shares.
本文针对中国股票市场1992- 1997年度的A股和B股的市场分割问题进行研究，并讨论了B股大幅度折价的原因。
This paper studies the issue of market segmentation of a shares and B shares in the Chinese stock market during the years of 1992-1997, and discusses the reasons for the deep discount of B shares.
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