期刊文献+

目标公司股价上涨的原因探究

A Study of tfae Increase of Stock Price of Target Firms
下载PDF
导出
摘要 在全球企业并购的浪潮中,当并购的消息公布后,目标公司的股价普遍存在显著上涨现象。针对这种现象,通过比较分析已有研究成果,从而给出了一种比较合理的解释。在并购这一特定时期,迅速膨胀的预期是导致目标公司股价上涨的一个关键原因。 In the global tide of M&A of enterprises, once the news of M&A is announced, the stock prices of the target firms generally increase notably. Through a thorough analysis of research results made by the others, a reasonable explanation has been found: during this specific period of M&A, the inflationary expectation is a key factor causing the stock price increase of target firms.
作者 孙毅
出处 《山东大学学报(哲学社会科学版)》 北大核心 2004年第4期77-80,共4页 Journal of Shandong University(Philosophy and Social Sciences)
关键词 目标公司 股价上涨 预期 target firm increase of stock price expectation
  • 相关文献

参考文献10

二级参考文献46

  • 1陈小悦,徐晓东.股权结构、企业绩效与投资者利益保护[J].经济研究,2001,36(11):3-11. 被引量:784
  • 2檀向球,提云涛,强立.上市公司报表性和实质性资产重组鉴别与分析[J].证券市场导报,1999(6):49-54. 被引量:12
  • 3弗雷德.威斯通.兼并、重组与公司控制[M].北京:经济科学出版社,1998..
  • 4殷醒民.公司并购的金融经济学解释[M].上海:上海财经大学出版社,1999..
  • 5[1]Asquith,P.(1983), "Merge Bids,Uncertainty,and Stockholder Returns",Journal of Financial Economics.
  • 6[2]Brown,S.and J.Warner(1985), "Using Daily Stock Returns,the case of Event Studies",Journal of Financial Economics,8:205-258.
  • 7[3]Jarrell,G.and A.Pouhen,1987,"Shark Repellents and Stock Prices:The Effects of Antitakeover Amendments Since 1980" ,Journal of Financial Economics,18:127-168.
  • 8[4]Jensen,M.and W.Meckling(1976), "Theory of the Firm:Managerial Behavior,Agency Cost and Ownership Structure",Journal of Financial Economics,3:305-360.
  • 9[5]Mueller,D.(1969),"A Theory of Conglomerate Mergers",Quarterly Journal of Economics.
  • 10[6]Roll,M.(1986), "The Hubris Hypothesis of Corporate Takeovers",Journal of Business,59.

共引文献619

相关作者

内容加载中请稍等...

相关机构

内容加载中请稍等...

相关主题

内容加载中请稍等...

浏览历史

内容加载中请稍等...
;
使用帮助 返回顶部