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一、论文的优点资本市场制度建设的目的是要使得股票市场更加具有效率,市场的效率又决定了资源配置的效率。因此,制度建设对市场效率的作用是一个有趣而且重要的问题。La Porta(1998,2000,2002)等论文是以横截面数据在国家这一水平上分析法律对投资者保护程度和法律执行效力对股权结构、公司治理、公司价值以及对资本市场深度和广度的影响。“制度建设与股票市场渐进性有效”一
I. The Advantages of the Papers The purpose of the capital market system construction is to make the stock market more efficient and the market efficiency determines the efficiency of resource allocation. Therefore, the function of institution building on market efficiency is an interesting and important one. The paper by La Porta (1998, 2000, 2002) is based on cross-sectional data at the national level to analyze the extent to which the law protects investors and the effectiveness of law enforcement regarding ownership structure, corporate governance, corporate value, and the depth and breadth of capital markets influences. “System construction and stock market progressive ” one