On The Legal System Of Direct Financing In Small-sized And Medium-sized Enterprises

This paper aims at the legal system of direct financing in small-sized and medium-sized enterprises in China, trying to bring out countermeasures for their shortage. That is, to widen the financing channels, enhance the financing environment and set up a multi - dimensional capital market with the help of strong legal measures. By which construct a legal system of direct financing for these enterprises.The paper includes foreword, main part and conclusion. The foreword explains the significance, structure and the focus of the paper. The main part is made up of three chapters.Chapter one: the overview of the legal system of direct financing in small-sized and medium-sized enterprises, focusing on the legal definition of small-sized and medium-sized enterprises in the world and China, the external legal environment and reviewing the defects of the legal system of direct financing in small-sized and medium-sized enterprises in China.Chapter two presents many legal measures to prompt direct financing in small-sized and medium-sized enterprises in USA, Japan, UK and Taiwan in China.Chapter three: the legal measures to enhance the direct financing in small-sized and medium-sized enterprises. This part offers suggestion on the basic rules of the legal measures, the legal measures and the legal suggestion.The conclusion concludes the significance of legal measures of direct financing in small-sized and medium-sized enterprises and the necessity of the legal system.