中国人民大学金融与证券研究所中国资本市场研究报告(2006)

目录
总论
股权分置改革的若干理论问题——展望股权分置改革完成后中国资本市场若干新特征
分论
分论一 股权分置改革的理论分析：来自经济学和法学的解释
分论二 股权分置改革后的市场估值体系：从账面资产到盈利能力
分论三 股权分置改革后的市场走势分析：从“政策市”到“晴雨表”?
分论四 股权分置改革后资本市场的功能转型：从货币池到资产池
分论五 股权分置改革后的股权结构与公司治理：从一股独大到股权分散化
分论六 股权分置改革后的股东行为新特征：从内部博弈到市场博弈
分论七 股权分置改革后的考核与激励机制：从静态目标到动态目标
分论八 股权分置改革后的信息披露与透明度：如何防范更严重的虚假信息披露
分论九 股权分置改革后的资本市场规则调整：从封闭走向开放
分论十 股权分置改革后的控制权市场：大宗交易制度与要约收购制度
分论十一 股权分置改革后的金融文化与投资理念：从追求价差收益到关注收益与风险的匹配
市场研究
基本分析2005—2006年中国证券市场总体分析
技术分析2005年沪深股票市场技术分析报告
政策分析
政策分析一 2005年中国证券市场政策评析
政策分析二 2005—2006年中国货币政策评析与展望
政策分析三 2005—2006年中国财政政策评析与展望
附录
附录一 第十届(2006年度)中国资本市场论坛会议纪要
附录二 专家、学者在“第十届(2006年度)中国资本市场论坛”上的发言
后记
General overview
Theoretical problems concerning the share splitting reform--prospect of several new characteristics of China capital arket after the share splitting reform
Individual studies
Topic 1 Theoretical analysis of the reform of share splitting:explanations from economics and law
Topic 2 The market valuation system after the reform of share splitting: from book value to profitbility
Topic 3 Analysis of the trend of securities market after the share splitting reform: from "policy maket" to "weatherglass"?
Topic 4 Function transformation in China capital market after the share splitting reform: from "pooling of money" to "pooling of assets"
Topic 5 Ownership structure and corporate governance after the share splitting reform: from ownership concentration to diversification
Topic 6 The new features of the share holder's behaviourafter the share splitting reform: from insider gaming to market gaming
Topic 7 Assessment and incentive mechanism after the reform of stock right splitting: from static objectives to dynamic objectives
Topic 8 Information disclosure and transparency after the share splitting reform: how to prevent more serious and fraudulant information disclosure
Topic 9 The adjustments of rules and regulations of the capital market after the share splitting reform: from isolation to openness
Topic 10 The market of control rights after the share splitting reform: block trade system and tender offer system
Topic 11 The financial culture and investment philosophy after the share splitting reform: from price difference seeking to matching risk-return
Market research
Fundamental analysis The overall analysis of China securities market 2005--2006
Technical analysis Technical analysis report on 2005 stock market
Policy analysis
Part 1 The policy review of China securities market in 2005
Part 2 The review, assessment and farward look of China'smonetary policies 2005--2006
Part 3 The review, assessment and farward look of China's fiscal policy 2005--2006
Annex
Annex 1 News release of the 10<'th>(2006) Chinese capital market forum
Annex 2 The speeches given by experts and academicians on the 10<'th>(2006) China's capital market forum
Postscript