摘 要
上世纪九十年代，伴随着我国改革开放步伐的稳步迈进，金融市场不断地扩大与完善，传统的上交所、深交所场内股票市场及场外的国债柜台市场已经远远不能满足普通投资者的投资需求，在此大背景下以证券投资基金为代表的新兴市场孕育而生。而进入二十一世纪以来，我国证券投资基金业迎来跨越式飞速发展，基金产品种类日渐丰富，投资范围日趋多元化，基金管理人和托管人更加专业化，因此证券投资基金在我国被越来越多的投资者所青睐。我国证券投资基金业的发展对于改善我国证券市场投资者结构、促进上市公司法人治理结构优化、加快储蓄向投资的转化、繁荣资本市场等方面起到了重要的作用。纵观证券投资基金的发展现状，发达国家证券投资基金发展迅猛、势头强劲，其基金业已经成为与银行业、证券业、保险业并驾齐驱的金融体系的四大支柱产业之一。与此同时，我国证券投资基金业也进入了全面发展时期，基金规模快速增长、基金品种日趋多样化、以外资银行为主体的海外金融资本全面进入中国基金市场，中外合资的基金公司与日俱增。然而伴随着证券投资基金行业的不断发展，其存在的问题也日渐凸显出来，揭示证券投资基金行业所存在的问题并采取措施予以有效的解决不仅关系到该行业未来的发展，还对中国资本市场的稳定起着至关重要的作用。
本文通过理论分析与实证研究对证券投资基金行业发展所面临的问题进行深入探讨，着重指出证券市场不成熟、基金公司内部控制混乱、政策等相关法律不健全、监管力度不够是影响我国证券投资基金发展的主要问题。然而从市场的发展前景来看，我国证券投资基金市场作为资本市场中重要的组成部分依然有着相对广阔的空间，在金融改革浪潮中持续完善证券投资基金管理要从改善证券市场环境，完善法律法规体系，加强基金托管人的监督工作、强化基金公司的激励和约束机制、加强基金公司内部控制、加大证券投资基金行业监管力度等方面及时采取措施，以推动我国证券投资基金行业的健康发展。
关键词：证券投资基金，内部控制，监管
Abstract
In the 1990s, along with China's reform and opening up steadily forward, thefinancial markets continue to expand and improve the traditional the Shanghai StockExchange, the Shenzhen Stock Exchange stock market inside and outside the nationaldebt counter market has been far from ordinary investors meet investment demand, inthis context of securities investment funds represented by the emerging markets bred.
And the twenty-first century, China's securities investment fund industry is facingrapid development by leaps and bounds, fund product range increasingly rich range ofincreasingly diversified investment fund managers and trustees more specialized, andtherefore are more securities investment funds in our country An increasing number ofinvestors favor. Development of China's securities investment fund industry toimprove the structure of China's stock market investors and promoting corporategovernance structure of listed companies to optimize and accelerate transformation ofsavings into investment areas, prosperous capital markets play an important role.
Throughout the current development of securities investment funds, securitiesinvestment funds in developed countries is developing rapidly, the strong momentumof its fund industry has become one of the four pillar industries of banking, securitiesand insurance industries to keep pace with the financial system. At the same time,China's securities investment fund industry has entered a period of development, therapid growth of the fund size, fund products is becoming more diverse, foreignfinancial capital to foreign banks full access to China as the main market fund, a jointventure fund company growing. However, with the continuous development of thesecurities investment fund industry, its problems are increasingly prominent,securities investment fund industry reveal the problems and to take effective measuresto resolve not only to the future development of the industry, but also on China'scapital market stability plays a vital role.
Through theoretical analysis and empirical research on the problem ofdevelopment of the securities investment fund industry is facing an in-depthdiscussion highlighted the immature stock market, fund companies to control internalchaos, policy and other relevant laws are not perfect, inadequate supervision is theimpact of China's securities investment fund the main problem of development.
However, from the perspective of the development prospects of the market, China'ssecurities investment fund market as a capital market still has an important part of arelatively broad space, the wave of reforms in the financial securities investment fundmanagement continued to improve from the stock market to improve the environment,improve laws and regulations system to take timely measures to strengthen oversightof the fund custodian, fund companies to strengthen the incentive and restraintmechanisms, strengthen the Fund's internal control, increased supervision of thesecurities investment fund industry, so as to promote the healthy development ofChina's securities investment fund industry.
Keywords:Securities investment fund, Internal control, Supervision
目录
第 1 章 引言
1.1 研究的背景与目的
1.2 研究内容
1.3 研究方法
第 2 章 证券投资基金行业概况
2.1 证券投资基金概述
2.1.1 证券投资基金含义
2.1.2 证券投资基金类型
2.1.3 证券投资基金的功能
2.2 证券投资基金的发展历程回顾
2.2.1 证券投资基金的启蒙时期
2.2.2 证券投资基金的产生时期
2.2.3 证券投资基金全面发展时期
2.3 我国证券投资基金的研究综述
第 3 章 我国证券投资基金的作用及面临的问题
3.1 我国证券投资基金发展的作用
3.1.1 发展证券投资基金有利于社会融资结构的优化
3.1.2 发展证券投资基金有利于优化金融结构并促进经济增长
3.1.3 发展证券投资基金有利于证券市场的稳定和健康发展
3.1.4 发展证券投资基金有利于完善金融与社会保障体系
3.2 我国证券投资基金发展的主要问题
3.2.1 国内证券市场环境制约行业的发展
3.2.2 基金管理公司内部控制存在隐患
3.2.3 证券投资基金法律法规和监管制度不健全
第 4 章 我国证券投资基金发展的对策建议
4.1 改善证券市场环境
4.1.1 提升上市公司质量水平
4.1.2 引导基金投资者树立理性的投资观念
4.1.3 完善证券投资基金市场基础设施和条件
4.2 加强基金管理公司内部控制
4.2.1 完善内部治理结构
4.2.2 完善内部监管制度
4.2.3 强化激励约束机制
4.3 健全基金监管体系
4.3.1 探求监管思路的市场化
4.3.2 加强基金托管人的监督
4.3.3 完善监管法律体制
第 5 章 案例分析
5.1 案例背景
5.2 案例问题
5.3 案例解析
第 6 章 结论
参考文献
致谢
