Generation and Analysis of Securities-related Crimes in Listed Manufacturing Companies—From the Perspective of Economic Over-financialization
According to relevant statistics,the proportion of listed manufacturing companies among all listed companies involved in cases in recent years continues to be the largest,and most of them involve securities-related crimes.Therefore they have become the focus of a joint crackdown of China Securities Regulatory Commission,the Ministry of Public Security,the Supreme People's Procuratorate and the Supreme Court.Securities-related crime is closely related to the trend of economic financialization.In-depth analysis of the economic financialization brought about by the changes in social structure is a prerequisite for accurately grasping the root causes of securities-related crimes.With the gradual trend of financial function"from real economy to virtual economy",under the promotion of capital market innovation,the production and operation of enterprises have changed into financial operation mode,and the management goal has changed from profit maximization to"maximization of shareholder value",inducing enterprises to seek monopoly and speculate profit,and some even betray the spirit of contract.Revealing the social causes of securities-related crimes from the perspective of economic over-financialization is an effective way to combat securities-related crimes as it can help not only to discover the problems of the governance structure of the listed companies in the industry,but also to reveal the essence of the development of economic financialization,to purify the operating environment of securities market and to eradicate the survival soil of such crimes.
NETL
NSTL
万方数据
