{"id":31181,"date":"2023-12-07T10:24:31","date_gmt":"2023-12-07T10:24:31","guid":{"rendered":"https:\/\/masterskills.org\/blog\/nha-phat-hanh-issuer-la-gi-cac-nha-phat-hanh-tren-thi-truong-chung-khoan.html"},"modified":"2023-12-23T07:25:17","modified_gmt":"2023-12-23T00:25:17","slug":"nha-phat-hanh-issuer-la-gi-cac-nha-phat-hanh-tren-thi-truong-chung-khoan","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/nha-phat-hanh-issuer-la-gi-cac-nha-phat-hanh-tren-thi-truong-chung-khoan.html","title":{"rendered":"Nh\u00e0 ph\u00e1t h\u00e0nh (Issuer) l\u00e0 g\u00ec? C\u00e1c nh\u00e0 ph\u00e1t h\u00e0nh tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n"},"content":{"rendered":"
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H\u00ecnh minh h\u1ecda. Ngu\u1ed3n: iconfinder<\/p>\n<\/div>\n<\/div>\n

Nh\u00e0 ph\u00e1t h\u00e0nh (Issuer)<\/font><\/h2>\n

\u0110\u1ecbnh ngh\u0129a<\/b><\/p>\n

Nh\u00e0 ph\u00e1t h\u00e0nh ch\u1ee9ng kho\u00e1n<\/b> trong ti\u1ebfng Anh l\u00e0 Issuer<\/b>. Nh\u00e0 ph\u00e1t h\u00e0nh hay ch\u1ee7 th\u1ec3 ph\u00e1t h\u00e0nh ch\u1ee9ng kho\u00e1n l\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c huy \u0111\u1ed9ng v\u1ed1n b\u1eb1ng vi\u1ec7c b\u00e1n ch\u1ee9ng kho\u00e1n cho nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>\n

Ch\u1ee7 th\u1ec3 ph\u00e1t h\u00e0nh ch\u1ee9ng kho\u00e1n c\u00f3 th\u1ec3 l\u00e0 Ch\u00ednh ph\u1ee7, c\u00e1c doanh nghi\u1ec7p hay c\u00e1c qu\u0129 \u0111\u1ea7u t\u01b0…<\/p>\n

C\u00e1c nh\u00e0 ph\u00e1t h\u00e0nh tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n<\/font><\/h3>\n

Ch\u00ednh ph\u1ee7<\/b><\/span><\/p>\n

Th\u1ef1c t\u1ebf \u1edf nhi\u1ec1u qu\u1ed1c gia cho th\u1ea5y, <\/span>Ch\u00ednh ph\u1ee7<\/span> t\u1eeb trung <\/span>\u01b0\u01a1ng \u0111\u1ebfn \u0111\u1ecba ph\u01b0\u01a1ng l\u00e0 m\u1ed9t trong nh\u1eefng ch\u1ee7 th\u1ec3 ph\u00e1t h\u00e0nh nhi\u1ec1u nh\u1ea5t c\u1ee7a th\u1ecb tr\u01b0\u1eddng.<\/span><\/p>\n

\u0110i\u1ec1u n\u00e0y l\u00e0 d\u1ec5 hi\u1ec3u v\u00ec kh\u00f4ng ph\u1ea3i l\u00fac n\u00e0o ch\u00ednh ph\u1ee7 c\u0169ng c\u00f3 th\u1ec3 b\u00f9 \u0111\u1eafp \u0111\u01b0\u1ee3c s\u1ef1 thi\u1ebfu h\u1ee5t v\u1ed1n x\u1ea3y ra kh\u00e1 th\u01b0\u1eddng xuy\u00ean trong chi ti\u00eau c\u1ee7a m\u00ecnh b\u1eb1ng c\u00e1ch y\u00eau c\u1ea7u ng\u00e2n h\u00e0ng trung \u01b0\u01a1ng in th\u00eam ti\u1ec1n m\u1eb7t. Ch\u00ednh ph\u1ee7<\/i> c\u0169ng kh\u00f4ng th\u1ec3 \u0111\u01a1n gi\u1ea3n t\u00e0i tr\u1ee3 cho c\u00e1c thi\u1ebfu h\u1ee5t c\u1ee7a m\u00ecnh b\u1eb1ng c\u00e1ch t\u0103ng ngu\u1ed3n thu t\u1eeb thu\u1ebf.<\/p>\n

M\u1eb7c d\u00f9 v\u1ec1 c\u01a1 b\u1ea3n l\u00e3i v\u00e0 g\u1ed1c c\u1ee7a tr\u00e1i phi\u1ebfu Ch\u00ednh ph\u1ee7 cu\u1ed1i c\u00f9ng c\u0169ng s\u1ebd \u0111\u01b0\u1ee3c thanh to\u00e1n b\u1eb1ng c\u00e1c kho\u1ea3n thu c\u1ee7a Ch\u00ednh ph\u1ee7, trong \u0111\u00f3 thu\u1ebf chi\u1ebfm ph\u1ea7n quan tr\u1ecdng.\u00a0<\/p>\n

Tuy nhi\u00ean, \u0111\u1ed1i v\u1edbi c\u00e1c c\u00f4ng tr\u00ecnh d\u1ef1 \u00e1n quan tr\u1ecdng, \u0111\u00f2i h\u1ecfi l\u01b0\u1ee3ng v\u1ed1n ban \u0111\u1ea7u l\u1edbn, vi\u1ec7c t\u0103ng ngu\u1ed3n thu c\u1ee7a ch\u00ednh ph\u1ee7 t\u1eeb thu\u1ebf c\u0169ng kh\u00f4ng th\u1ec3 \u0111\u00e1p \u1ee9ng \u0111\u01b0\u1ee3c nhu c\u1ea7u v\u1ec1 v\u1ed1n ban \u0111\u1ea7u. B\u00ean c\u1ea1nh \u0111\u00f3, vi\u1ec7c t\u0103ng thu\u1ebf \u0111\u1ed9t ng\u1ed9t c\u0169ng s\u1ebd c\u00f3 nh\u1eefng \u1ea3nh h\u01b0\u1edfng x\u1ea5u kh\u00f4ng ch\u1ec9 \u0111\u1ed1i v\u1edbi n\u1ec1n kinh t\u1ebf.<\/p>\n

Doanh nghi\u1ec7p<\/b><\/p>\n

Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n l\u00e0 m\u1ed9t k\u00eanh r\u1ea5t quan tr\u1ecdng gi\u00fap cho doanh nghi\u1ec7p c\u00f3 th\u1ec3 huy \u0111\u1ed9ng \u0111\u01b0\u1ee3c v\u1ed1n trung v\u00e0 d\u00e0i h\u1ea1n v\u1edbi m\u1ed9t s\u1ed1 l\u01b0\u1ee3ng v\u1ed1n l\u1edbn.<\/p>\n

Tuy nhi\u00ean, kh\u00f4ng ph\u1ea3i t\u1ea5t c\u1ea3 c\u00e1c lo\u1ea1i h\u00ecnh doanh nghi\u1ec7p<\/i> \u0111\u1ec1u c\u00f3 th\u1ec3 huy \u0111\u1ed9ng v\u1ed1n tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n, ch\u1ec9 c\u00f3 m\u1ed9t s\u1ed1 lo\u1ea1i h\u00ecnh doanh nghi\u1ec7p \u0111\u01b0\u1ee3c ph\u00e1p lu\u1eadt cho ph\u00e9p \u0111\u01b0\u1ee3c ph\u00e1t h\u00e0nh ch\u1ee9ng kho\u00e1n \u0111\u1ec3 huy \u0111\u1ed9ng v\u1ed1n.<\/p>\n

\u1ede Vi\u1ec7t Nam, theo Lu\u1eadt doanh nghi\u1ec7p ban h\u00e0nh n\u0103m 2014 c\u00f3 4 lo\u1ea1i h\u00ecnh doanh nghi\u1ec7p:\u00a0<\/p>\n

– C\u00f4ng ty tr\u00e1ch nhi\u1ec7m h\u1eefu h\u1ea1n<\/p>\n

– C\u00f4ng ty c\u1ed5 ph\u1ea7n<\/p>\n

– C\u00f4ng ty h\u1ee3p danh<\/p>\n

– Doanh nghi\u1ec7p t\u01b0 nh\u00e2n<\/p>\n

Trong c\u00e1c lo\u1ea1i h\u00ecnh doanh nghi\u1ec7p tr\u00ean, ch\u1ec9 c\u00f3 c\u00f4ng ty c\u1ed5 ph\u1ea7n\u00a0l\u00e0 \u0111\u01b0\u1ee3c ph\u00e9p huy \u0111\u1ed9ng v\u1ed1n b\u1eb1ng c\u00e1ch ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu v\u00e0 tr\u00e1i phi\u1ebfu; c\u00f4ng ty tr\u00e1ch nhi\u1ec7m h\u1eefu h\u1ea1n ch\u1ec9 \u0111\u01b0\u1ee3c ph\u00e9p ph\u00e1t h\u00e0nh tr\u00e1i phi\u1ebfu.<\/p>\n

Qu\u0129 \u0111\u1ea7u t\u01b0<\/b><\/p>\n

Qu\u0129 \u0111\u1ea7u t\u01b0 \u0111\u00f3ng vai tr\u00f2 r\u1ea5t l\u1edbn tr\u00ean th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n s\u01a1 c\u1ea5p.<\/p>\n

\u0110\u1ec3 gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf c\u00f3 th\u1ec3 \u0111a d\u1ea1ng h\u00f3a \u0111\u1ea7u t\u01b0, ph\u00e2n t\u00e1n r\u1ee7i ro v\u00e0 gi\u1ea3m chi ph\u00ed \u0111\u1ea7u t\u01b0, c\u00e1c c\u00f4ng ty qu\u1ea3n l\u00ed qu\u0129 li\u00ean t\u1ee5c th\u00e0nh l\u1eadp c\u00e1c qu\u0129 \u0111\u1ea7u t\u01b0 m\u1edbi v\u00e0 ph\u00e1t h\u00e0nh ch\u1ee9ng ch\u1ec9 qu\u0129 ra c\u00f4ng ch\u00fang ho\u1eb7c qu\u0129 \u0111\u1ea7u t\u01b0 d\u1ea1ng c\u00f4ng ty (c\u00f4ng ty \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n) ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu \u0111\u1ec3 huy \u0111\u1ed9ng v\u1ed1n.<\/p>\n

(T\u00e0i li\u1ec7u tham kh\u1ea3o: Gi\u00e1o tr\u00ecnh Th\u1ecb tr\u01b0\u1eddng ch\u1ee9ng kho\u00e1n, NXB T\u00e0i ch\u00ednh)<\/i><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Nh\u00e0 ph\u00e1t h\u00e0nh (ti\u1ebfng Anh: Issuer) l\u00e0 c\u00e1c t\u1ed5 ch\u1ee9c huy \u0111\u1ed9ng v\u1ed1n b\u1eb1ng vi\u1ec7c b\u00e1n ch\u1ee9ng kho\u00e1n cho nh\u00e0 \u0111\u1ea7u t\u01b0. Ch\u1ee7 th\u1ec3 ph\u00e1t h\u00e0nh ch\u1ee9ng kho\u00e1n c\u00f3 th\u1ec3 l\u00e0 Ch\u00ednh ph\u1ee7, c\u00e1c doanh nghi\u1ec7p hay c\u00e1c qu\u0129 \u0111\u1ea7u t\u01b0…\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31181"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=31181"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/31181\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=31181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=31181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=31181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}