摘要
本文以煤炭行业上市公司股票为研究对象,运用资本资产定价模型CAPM的β值进行研究,分析煤炭股的系统风险与非系统风险,对我国证券市场的研究和改进具有一定的指导意义。
二级参考文献27
-
1李志彤,杨晓燕,吴萍.利用资本资产定价模型分析证券投资风险[J].山西大学学报(哲学社会科学版),1999,22(3):29-31. 被引量:4
-
2施东晖.上海股票市场风险性实证研究[J].经济研究,1996,31(10):44-48. 被引量:195
-
3杨朝军.上海股票市场价格行为实证研究[A]..中国股票市场实证分析[C].学林出版社,1997..
-
4Lintner, John,. The Valuation of Risky Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets, Review of Economics and Statistics, 1965, (47).
-
5Sharpe, William F. Capital Asset Prices: A Theory of Market Equilibrium under Conditions of Risk, Journal of Finance, 1964, (19).
-
6Black, Fischer, Michael C. Jensen, and Myron Scholes,. The Capital Asset Pricing Model: Some Empirical Tests, in M. Jensen, ed:Studies in the Theory of Capital Markets, New York. 1972.
-
7Fama, Eugene F., and Mac Beth, James D. Risk, Return and Equilibrium: Empirical Tests, Journal of Political Economy, May-June 1973, (81).
-
8Fama, Eugene F., and French, Kenneth R. The Cross-section of Expected Stock Returns, Journal of Finance, June 1992, (47).
-
9Amihud, Yakov, Bent Jesper Christensen, and Haim Mendelson. Further Evidence on the Risk-return Relation, Working Paper. Salomon Brothers Center for the Study of Financial Institutions, Graduate School of Business Administration, New York University, 1992:S-93-11.
-
10Benz, Rolf W.. The Relationship Between Return and Market Value of Common Stock, Journal of Financial Economics, 1981,9(3).
共引文献27
-
1任慧玉,陈景华,任凌玉,文成林.卡尔曼滤波方法在β估计中的应用[J].河南大学学报(自然科学版),2004,34(2):10-14. 被引量:2
-
2王仓忍,赵国杰.投资决策中基本折现率的确定及其调整[J].河北工业科技,2005,22(1):1-3. 被引量:4
-
3汤光华,赵爱平,宋平.系统风险与会计风险[J].金融研究,2006(4):109-121. 被引量:14
-
4陈收,曹雪平.不同态势下β特征及其与收益关系研究[J].管理科学学报,2007,10(1):71-78. 被引量:11
-
5汤光华,张彬,张智谋.中国股市行业系统风险的差异性检验及扩展研究[J].中大管理研究,2008,3(1):71-87.
-
6苏治,丁志国,方明.跨期β系数时变结构研究[J].数量经济技术经济研究,2008,25(5):135-145. 被引量:9
-
7张甲宇.财务变量与预期β系数关系的实证分析[J].财会月刊(中),2008(11):13-14. 被引量:6
-
8蔡维菊,阙菲菲.沪市有色金属行业股票β系数的实证研究[J].市场论坛,2009(10):48-50. 被引量:1
-
9周芸锋,吴雁.国内外β系数相关特性研究综述[J].财会通讯(下),2009(10):107-109. 被引量:4
-
10王劲松,王咏梅.开放基金投资策略与风险偏好匹配性研究[J].经济管理,2010,36(3):133-138. 被引量:1
同被引文献16
-
1李志彤,杨晓燕,吴萍.利用资本资产定价模型分析证券投资风险[J].山西大学学报(哲学社会科学版),1999,22(3):29-31. 被引量:4
-
2黎军.资本资产定价模型在房地产投资风险分析中的应用[J].中国商界,2009(2):1-2. 被引量:3
-
3H MARKOWITZ . Portfolio selection [ J ] The journal of finance. 1952 (3) :77 - 91.
-
4WILLIAM F . SHARPE. Capital Asset Prices: A theory of market equilibrium under condi- tions of risk [ J ] The journal of finance. 1964 ( 9 ) : 425 - 442.
-
5YXU, BGMALKIEL. Investigating the Behav- ior of idiosyncratic volatility [J]. The journal of busi- ness. 2003(4) :613 -644.
-
6邓云宁.我国股票市场非系统风险的防范及对策[J].经济与管理,2009(7):126-129.
-
7Roll R. R2 [J. Journal of Finance, 1988 (3) :541 -566.
-
8高鸿业.宏观经济学[M].北京:人民大学出版社,2000:567.
-
9Gupta, Neeraj J. Do stock prices reflect the value of intangible invest- ments in customer assets [ J 1. Dissertation Abstracts International Section A: Hmnanities and Scial Sciences, 2008 ," (68).
-
10Lidia Oliveira, I,ucia Lima Rodrigues, Russell Craig. Intangible aS- Sets and value relevance : Evidence from the Portuguese stock exchange [ J ]. The British Aceountin Review, 2010, (a2) : 241-252.
-
1封面文章回放[J].证券导刊,2007,0(49):90-93.
-
2金灵.大盘反弹 新股表现较弱[J].股市动态分析,2008,0(28):48-48.
-
3金灵.超跌新股受到热捧[J].股市动态分析,2008,0(27):50-50.
-
4高挺.黑金诱惑[J].环球企业家,2011(14):50-50.
-
5关月之.煤炭股:“老戏”是否重演?[J].卓越理财,2011(10):55-55.
-
6刘景德.再融资和IPO不改慢牛格局[J].大众理财顾问,2006(6):38-39.
-
7邹永勤.优先股拯救大盘蓝筹股奠定主流[J].证券导刊,2014(12):1-1.
-
8煤炭股走强恒指有望继续反弹[J].证券导刊,2013(24):84-86.
-
9薛华,周宏.上海证券市场CAPM的实证检验[J].财经问题研究,2001(11):33-37. 被引量:14
-
10卢伟.论我国证券市场的系统风险及其防范[J].西藏民族学院学报(哲学社会科学版),2009,30(6):97-99.