上市银行每股收益与股价的实证研究——以中国建设银行为例

Empirical Study on Relationships among EPS and Stock Price of Listed Commercial Banks——Taking China Construction Bank as an example

在市场有效的前提下,公司盈利与股价存在正相关性。以公司成长稳定、信息透明度高的上市银行为研究范围,选取全国性大型商业银行中国建设银行为样本,运用Eviews建立误差修正模型研究每股收益与股票价格之间的关系。结果表明:全国性大型商业银行每股收益与股票价格存在正相关性。

On the basis of efficient with company earnings. The paper markets hypothesis, the stock price should exist positive relationship selects listed commercial banks which has some characteristics of steadily growing and information transparency as subject and takes China Construction Bank as sample. Establishes error correction model by the reviews software to empirical study on relationships among EPS and stock price of listed commercial bank. The result shows that it exists positive relationship between stock price and EPS among the nationwide and larger equity listed commercial banks.