摘要
2005年6月,中国证监会颁布了《上市公司回购社会公众股份管理办法(试行)》,规范了我国上市公司的股份回购行为。股份回购在经济发展中有许多积极作用。通过建立股份回购模型,以期系统地研究上市公司股份回购的财富效应。
In June of 2005,the China Securities Regulatory Commission(CSRC) promulgated 'The Interim Measures on the Administration of Listed Companies Redeeming Their Public Stocks',which formulated the behavior of stock repurchase of the listed companies in our country.Repurchasing stocks has a lot of positive function in the economic development.This article will systematically research the wealth effect of listed companies repurchasing their stocks by establishing the model of redeeming stocks.
出处
《重庆邮电大学学报（社会科学版）》
2006年第6期845-846,共2页
Journal of Chongqing University of Posts and Telecommunications(Social Science Edition)
关键词
股份回购
财富效应
形成机制
stock repurchase
wealth effect
formation mechanism
