地方政府引导基金务实研究
|
摘要
在供给侧改革和双创背景下,随着税收减免等税收政策、双创政策等一系列鼓励股权投资的新政策的出台,政府引导基金如雨后春笋般呈现出爆发式的增长。与此同时,学界对政府引导基金的研究也日趋丰富。本文主要从政府引导基金募资~②、投资、管理~③、退出四个环节对地方政府引导基金实际运作进行分析,并针对不同环节出现的问题提出相应的对策建议。
Against the background of supply-side reform and double-innovation, a series of new policies encouraging taxequity investment introduced such as tax breaks and tax deductions. Accompanied by the Public entrepreneurship and innovation policies,the government-led funds have shown explosive growth. At the same time, the academic research on government-led funds has also become more and more abundant. This article mainly analyzes the actual operation of the guiding funds of local governments from the four aspects of fund-raising, investment, management and exit, and puts forward corresponding countermeasures and suggestions according to the problems in different links.
Against the background of supply-side reform and double-innovation, a series of new policies encouraging taxequity investment introduced such as tax breaks and tax deductions. Accompanied by the Public entrepreneurship and innovation policies,the government-led funds have shown explosive growth. At the same time, the academic research on government-led funds has also become more and more abundant. This article mainly analyzes the actual operation of the guiding funds of local governments from the four aspects of fund-raising, investment, management and exit, and puts forward corresponding countermeasures and suggestions according to the problems in different links.
引文
[1]唐磊.规范地方政府产业投资基金[J].中国金融,2016(16).
[2]樊轶侠,孙家希.地方政府引导基金运作实践及其改进[J].地方财政研究,2016(11):96-100.
[3]财政部.政府投资基金暂行管理办法[R].2015-11-12.
[4]袁晓楠.关于地方政府引导基金发展变化的思考[J].农村金融研究,2017(1):34-38.
[5]陈菲琼,李飞,袁苏苏.产业投资基金与产业结构调整机理与路径[J].浙江大学学报:人文社会科学版,2015(03).
[6]范媛,李晶晶.政府引导基金需要正本清源[N].中国经济时报,2016-12-02(16).
[7]陈少强,郭丽,郑紫卉.政府引导基金演变的逻辑[J].中央财经大学学报,2017(2):3-13.
(1)募资:募集资金,指股权投资基金管理人或者受其委托的募集服务机构向投资者募集资金。
(2)管理:投资后管理,是指投资机构与被投资企业投资交割之后,基金管理人积极参与被投资企业的的管理,对被投资企业实施项目监控并提供各种增值服务的一系列活动。
[2]樊轶侠,孙家希.地方政府引导基金运作实践及其改进[J].地方财政研究,2016(11):96-100.
[3]财政部.政府投资基金暂行管理办法[R].2015-11-12.
[4]袁晓楠.关于地方政府引导基金发展变化的思考[J].农村金融研究,2017(1):34-38.
[5]陈菲琼,李飞,袁苏苏.产业投资基金与产业结构调整机理与路径[J].浙江大学学报:人文社会科学版,2015(03).
[6]范媛,李晶晶.政府引导基金需要正本清源[N].中国经济时报,2016-12-02(16).
[7]陈少强,郭丽,郑紫卉.政府引导基金演变的逻辑[J].中央财经大学学报,2017(2):3-13.
(1)募资:募集资金,指股权投资基金管理人或者受其委托的募集服务机构向投资者募集资金。
(2)管理:投资后管理,是指投资机构与被投资企业投资交割之后,基金管理人积极参与被投资企业的的管理,对被投资企业实施项目监控并提供各种增值服务的一系列活动。