创业板与主板、海外创业板市场规则比较研究报告-090807


目 录
1. 我国创业板上市条件相对较严·································3
1.1 与主板相比：门槛明显偏低······························································· 3
1.2 与海外相比：指标体系更加严谨························································ 5
2. 我国创业板市场信息披露制度更加严格···················8
2.1 与主板相比：披露内容要求更详细、更及时······································ 8
2.2 与海外相比：缺少对业务目标的披露要求········································ 10
3. 公司治理规则相对显得较弱··································· 11
3.1 与主板相比：更依赖审计相关职能··················································· 12
3.2 与海外相比：在公司治理方面偏弱··················································· 12
4. 我国创业板市场强化了保荐人制度························13
4.1 与主板相比：保荐人的责任得到明显的强化···································· 14
4.2 与海外相比：保荐人制度还有一定的差距········································ 15
5. 我国创业板退市制度较多关注财务状况·················15
5.1 与主板相比：退市标准更严格·························································· 15
5.2 与海外相比：退市制度缺乏事前预防性··········································· 16