我国上市公司财务状况对股价的影响研究——以房地产业为例

The Impact of Financial Status on Stock Price of Chinese Listed Companies——Taking Real Estate Industry as an Example

自沪深交易所成立以来,中国股票市场经历了震荡发展阶段、逐步规范化和市场化阶段。投资者对上市公司财务信息的态度和认识程度影响其投资行为。论文抽取了房地产行业典型的20家上市公司,搜集其2012—2015年的20个财务指标与其2013—2016年的股票价格的相关数据,并进行分析,根据所构建的模型得出结论[1]。为投资者、上市公司、政府调控提出建议,希望能进一步完善我国的股票市场。

Since the establishment of Shanghai and Shenzhen Stock Exchange, the stock market has experienced Chinese shock stage of development, standardization and marketization stage. The attitude and the understanding level of investors to the listed companies＇ financial information will effect their investment behavior. This paper selected 20 listed companies in the real estate industry typical analysis, collecting relevant data of 20 financial indexes from these 20 companies in 2012—2015 years and the these companies＇ stock price from 2013 to 2016, and analyzes these data, and gets a solution according to the constructed model, puts suggestions for the investors, list companies and the government,hoping to further improve the stock market of China.