【正文】
port environment of direct financing 。 Those small and medium enterprises which accord industrial policies and whose business performance is excellent will obtain abundant resource, and thus prompt the development of industries and enterprises with great advantages. 一、資本市場與企業(yè)發(fā)展 1 Capital Market and running of Enterprise ? 規(guī)范效應(yīng) Effects on regulation 一、資本市場與企業(yè)發(fā)展 1 Capital Market and running of Enterprise ? 激勵與約束效應(yīng) Effects on stimulation and constraint 企業(yè)上市后強化了對企業(yè)的激勵與約束,股權(quán)與期權(quán)的激勵、資本市場工具創(chuàng)新的應(yīng)用、高度市場化促使公司提高市場反應(yīng)敏感度與創(chuàng)新動力。 ? At present, over 99% of enterprises in China are prised by small and medium businesses, which contribute half of overall GDP, tax and export as well as 75% employment. Developing small and medium businesses thus directly relates to our national strategies in terms of industrialization, urbanization, modernization, and a significant requirement of