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上市公司股权再融资效率研究的分析框架 被引量：4

上市公司股权再融资效率研究的分析框架
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摘要 股权分置条件下,中国一些上市公司通过盈余管理或业绩造假,以达到股权再融资目的,股权再融资效率低下。政策变化所带来的股权再融资“阵热”现象,使这一证券市场基本功能,在中国证券市场发生严重扭曲。作为衡量中国证券市场有效性和检验相关政策是否有效的基础,本文为研究上市公司股权再融资效率问题,提供一个分析框架。 In order to attain secondary offerings, some Chinese listed companies carries out earning management or forging operating income that cause secondary offerings＇ efficiency is low.At the same time, the variety of related policy bring “hot”phenomenon of secondary offerings temporarily, which make basic function of stock market distort in the Chinese stock market .As the foundation of measuring whether the Chinese stock market usefulness and examines related policy valid or not, this paper will study the listed companies＇ secondary offerings efficiency problem, and provid an analysis framework.
作者 刘宇 刘杰
机构地区 哈尔滨工业大学管理学院 上海立信长江会计师事务所有限公司
出处 《技术经济与管理研究》 2005年第6期34-36,共3页 Journal of Technical Economics & Management
关键词 股权再融资 效率 上市公司 框架 Secondary Offerings efficiency Listed Company framework
分类号 F832.5 [经济管理—金融学] F279.246 [经济管理—企业管理]
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参考文献17

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二级参考文献58

  • 1黄少安,张岗.中国上市公司股权融资偏好分析[J].经济研究,2001,36(11):12-20. 被引量：972
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共引文献827

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引证文献4

技术经济与管理研究
2005年 第6期

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