期刊文献+
共找到93篇文章
< 1 2 5 >
每页显示 20 50 100
从投机市到投资市的转折
1
作者 俞中 《股市动态分析》 2011年第48期78-79,共2页
把炒作获利放在了分红获利的前面,虽在八十年代出于无奈,但随着时间的推移,股票炒作和圈地暴利及后来的房地产炒作互相呼应,终使"神话故事出财富"的效应被不断放大。有神论对人们灵魂的腐蚀,使一夜暴富成为人们的时尚追求,由... 把炒作获利放在了分红获利的前面,虽在八十年代出于无奈,但随着时间的推移,股票炒作和圈地暴利及后来的房地产炒作互相呼应,终使"神话故事出财富"的效应被不断放大。有神论对人们灵魂的腐蚀,使一夜暴富成为人们的时尚追求,由此引起的各方面造假连锁反应触目惊心。人们正是意识到了威胁而不得不对股市作出调整,正是认识到了被误称为"政策市"而实则是投机市的不良循环影响,客观上要求从源头抓起,证监会上市公司分红系列举措反映了真正民意,维护了中小股东利益。人们该从处处以西方股票等证券市场为标准的迷恋中解脱出来了。 展开更多
关键词 投资市 有神论 证券 公司分红 投机 神话故事 八十年代 股票炒作 政策 不良循环
下载PDF
市场经济条件下投资领域的计划与市场相结合
2
作者 黎德钊 谢朝琴 《广西经济管理干部学院学报》 1995年第2期31-35,共5页
党的十四大确立了建立社会主义市场经济体制的方针,因此市场经济条件下投资领域的计划与市场相结合是深化改革的一个新课题,本文就此问题作些探讨,旨在与投资者共商我国投资策略。 一、投资领域的计划与市场调节的辩证关系和结合原则 ... 党的十四大确立了建立社会主义市场经济体制的方针,因此市场经济条件下投资领域的计划与市场相结合是深化改革的一个新课题,本文就此问题作些探讨,旨在与投资者共商我国投资策略。 一、投资领域的计划与市场调节的辩证关系和结合原则 投资体制改革的理论和实践证明,单纯用计划调节投资活动不行,单纯的市场调节投资活动亦不行。社会主义市场经济的投资策略,应是计划调节与市场调节的对立统一。其统一性表现在:投资计划调节与市场调节的目的都是为了实现经济的良性循环。 展开更多
关键词 计划与 场调节 投资计划 计划调节 投资领域 投资主体 投资活动 经济条件下 长远利益 投资市
下载PDF
二十年的股市规律还会再起作用
3
作者 俞中 《股市动态分析》 2012年第1期85-85,共1页
二十年来的股市客观规律实际是炒作投机市的规律,这个规律表现为由容量小到大、由盛极到开始衰弱的过程,但仍在起着实际的作用,不可小视。在分红占大部上市公司前,即新的投资规律形成前,现行的炒作市规律是很难突变的,只能是'软着陆... 二十年来的股市客观规律实际是炒作投机市的规律,这个规律表现为由容量小到大、由盛极到开始衰弱的过程,但仍在起着实际的作用,不可小视。在分红占大部上市公司前,即新的投资规律形成前,现行的炒作市规律是很难突变的,只能是'软着陆'。既然是规律,就是不以人的意志为转移的。分红要求。 展开更多
关键词 二十年 客观规律 运行 投资市 非对称性 低点 投机 反弹 分红 形成
下载PDF
股市要成为实业致富的一种载体
4
作者 俞中 《股市动态分析》 2011年第51期84-84,共1页
'稳中求进'的稳,在股市来说,是指抑制过度炒作,打击股市操纵的'稳';进,是指由投机市向投资市的'进'。只有分红,才能使广大股民受益。两金并非为炒作入市而来,而是为主要荻取分红而入市的,是为投资市的稳定发展... '稳中求进'的稳,在股市来说,是指抑制过度炒作,打击股市操纵的'稳';进,是指由投机市向投资市的'进'。只有分红,才能使广大股民受益。两金并非为炒作入市而来,而是为主要荻取分红而入市的,是为投资市的稳定发展而来。十年来的炒作投机股市规律,还会在客观上起作用,但却是朝弱化的方向发展。与此同时,新的股市投资规律,在要求上市公司分红和退市制度强化下,正在孕育和形成中。 展开更多
关键词 操纵 实业 公司分红 投资市 致富 退制度 投资规律 公司 投机
下载PDF
投资收益视角下社会保障基金运营问题研究
5
作者 刁丽娜 《商业经济》 2015年第6期93-95,共3页
由于我国社保基金规模不断扩大,而我国社保基金投资运营监管法律不健全、金融环境不稳定、投资结构不合理以及监督不力等缺陷的存在,使我国社保基金投资收益水平非常低,很难实现社保基金保值增值的目的。健全我国社保基金投资运营监管... 由于我国社保基金规模不断扩大,而我国社保基金投资运营监管法律不健全、金融环境不稳定、投资结构不合理以及监督不力等缺陷的存在,使我国社保基金投资收益水平非常低,很难实现社保基金保值增值的目的。健全我国社保基金投资运营监管的法律法规,完善投资运营模式,选择市场化运营方式是我国社保基金投资实现稳定、长期、高水平收益的必然选择。 展开更多
关键词 社保基金 投资运营 证券 投资市
下载PDF
中国股市走势与经济发展同向异动分析
6
作者 熊考核 《衡阳师范学院学报》 2001年第2期23-28,共6页
中国股市与改革同步发展 ,与国民经济同向运行 ,但股市波动明显异动于宏观经济高速发展的轨道 ,常以暴涨暴跌、长熊短牛的方式演绎非规范市的个性。究其原因 ,是“政策市”与“投机市”及上市公司品质普通不佳所致。要解决中国股市的异... 中国股市与改革同步发展 ,与国民经济同向运行 ,但股市波动明显异动于宏观经济高速发展的轨道 ,常以暴涨暴跌、长熊短牛的方式演绎非规范市的个性。究其原因 ,是“政策市”与“投机市”及上市公司品质普通不佳所致。要解决中国股市的异动问题 ,必须要使股市定位由单纯为国企改革服务转向为全国经济服务 ,用市场方式促使股市由政策市向功能市。 展开更多
关键词 异动 投机 投资市 中国 股票 经济发展 功能
下载PDF
美天使投资在转向
7
作者 王孟颖(编译) 《投资与合作》 2006年第11期14-14,共1页
根据美国新罕布什尔大学(University of New Hampshire)风险研究中心出具的最新数据指出,2006年上半年美国天使投资额总计127亿美元,与去年同期相比增长了15%。该中心于1980年起向外界提供有关天使投资市场的分析及相关研究报告。
关键词 天使投资 研究中心 投资市 投资 美国
下载PDF
对我国资本市场健康持续发展相关问题的分析与思考
8
作者 李枝启 《科教导刊(电子版)》 2019年第21期226-228,共3页
长远健康持续发展的资本市场,对推动我国经济健康持续发展具有重大而深远的意义。我国资本市场制度体系还很不完善,各种违法舞弊套利事件时有发生,给中国股市蒙上了投机市、圈钱市、赌博市、政策市、操纵市、韭菜市、铁公鸡市、造富市... 长远健康持续发展的资本市场,对推动我国经济健康持续发展具有重大而深远的意义。我国资本市场制度体系还很不完善,各种违法舞弊套利事件时有发生,给中国股市蒙上了投机市、圈钱市、赌博市、政策市、操纵市、韭菜市、铁公鸡市、造富市等扭曲形象,给广大股民造成了巨大的损失和伤害。我国资本市场的建设和完善任重道远,要建立起科学规范、公开透明、公平正义、法纪严明的资本市场制度体系,实行公平竞争的优胜劣汰机制和严厉的监管惩戒制度,既要保护广大投资者的合法权益,又要促使企业全心全力谋经营求发展,努力做强做大,为投资者创造财富价值,为国家、社会和人民作出贡献。 展开更多
关键词 投资市 资源配置 公平正义 制度体系 监管惩戒
下载PDF
我国新三板市场发展问题概述
9
作者 胡晓勇 《中国电子商务》 2014年第1期188-188,共1页
新三板市场的建设是我国资本市场建设中的一件大事,本文通过对新三板市场流动性不足、企业、券商激励不足和投资者保护难度大等问题的描述,提出了解决问题的建议。
关键词 新三板做投资者保护
下载PDF
Wind Power Industry in China 被引量:2
10
作者 王晓蓉 王伟胜 戴慧珠 《Electricity》 2004年第1期41-43,共3页
Base on the full and accurate statistical informa tion, the status and existing technical problems of wind power in China are analyzed in terms of yearly installed capacity, single unit capacity, regional distribution... Base on the full and accurate statistical informa tion, the status and existing technical problems of wind power in China are analyzed in terms of yearly installed capacity, single unit capacity, regional distribution, investment as well as the market shares and the local ization of wind power units etc. The paper believes that wind power industry in China will grow by leaps and bounds in near future. 展开更多
关键词 wind power INVESTMENT market share LOCALIZATION
下载PDF
理財,比賺錢更重要
11
作者 王林奕蘋 《沪港经济》 1997年第2期53-53,共1页
近年来,由於内地证券市场的日益发展,一般市民对股市开始有一定的向往,对金融市场的兴趣,也日益俱增。今天的金融事业,并不只是大机构或大企业的专长。对个人而言,亦是投资的一个很好的途径。香港现时有很多外资银行,都很积极地发展基... 近年来,由於内地证券市场的日益发展,一般市民对股市开始有一定的向往,对金融市场的兴趣,也日益俱增。今天的金融事业,并不只是大机构或大企业的专长。对个人而言,亦是投资的一个很好的途径。香港现时有很多外资银行,都很积极地发展基金零售业务,甚至通过银行财务顾问,处理私人投资及理财服务,可见金融界已经开始由企业迈进私人账户,而其整体的发展,也与个人的财产息息相关。有人甚至觉得,懂得理财,比懂得赚钱或营利更为重要。因为保值观念,已经越来越风行。如一群老人,每天早上十时左右。 展开更多
关键词 金融 外资银行 香港政府 金融事业 私人投资 金融界 投资市 普及化 内地
下载PDF
FUZZY GENETIC HYBRID ALGORITHM FOR MARKET TIMING PREDICTION OF STOCK INVESTMENT
12
作者 李波 张世英 《Transactions of Tianjin University》 EI CAS 2000年第1期28-31,共4页
Market timing prediction of stock investment is an important decision problem with uncertainty and risk in the financial activity.An algorithm for market timing prediction of stock investment is proposed in this paper... Market timing prediction of stock investment is an important decision problem with uncertainty and risk in the financial activity.An algorithm for market timing prediction of stock investment is proposed in this paper.Considering the close relationship in the stock market and the economic data,we find the correlation of synthetical economic data and the equity returns with the help of the combination of fuzzy logic and genetic algorithm.Finally,the application of stock market is included to test the effectiveness of the algorithm. 展开更多
关键词 fuzzy logic genetic algorithm market timing economic data
全文增补中
Investment Risks of Agricultural Listed Companies from Visual Angle of Natural Disasters 被引量:1
13
作者 Qu Xiang Sun Nengli Zhang Junbiao 《Chinese Journal of Population,Resources and Environment》 北大核心 2008年第2期3-7,共5页
The essential feature of agriculture is the interweave- ment of natural reproduction and economic reproduction.In recent years,the natural disasters have become more frequent and badly affect the production management... The essential feature of agriculture is the interweave- ment of natural reproduction and economic reproduction.In recent years,the natural disasters have become more frequent and badly affect the production management and investment benefits.This problem has been an important risk in managing agricultural listed companies and cannot be ignored.It is of great importance to evaluate and prevent the risks of the natural disasters to enhance the competitive ability and increase the profits of those listed companies,thereby keeping the sustainable development of agri- cultural companies. 展开更多
关键词 agricultural listed companies risks of natural disasters investment risks risk evaluation
下载PDF
The Long-Run Performance of IPOs in Italy: A Comparison of Venture and Non-Venture-Backed Companies 被引量:2
14
作者 Fabrizio Rossi 《Chinese Business Review》 2012年第8期691-705,共15页
The phenomena associated with the performance of newly listed companies has increased the interest of many researchers who have developed a vast literature on long-term underpricing and underperformance, which togethe... The phenomena associated with the performance of newly listed companies has increased the interest of many researchers who have developed a vast literature on long-term underpricing and underperformance, which together with hot and cold issue markets, represent the three anomalies that have always accompanied with Initial Public Offerings (IPOs). The objective of this work is to investigate the long-run performance of IPOs of venture and non-venture-backed companies. The analysis of a sample of 102 IPOs carried out in Italy in 1998-2005 revealed that both companies (venture-backed and non-venture-backed) showed negative values, thus, confirming the phenomenon of underperformance. During the 36 months following their listing, venture-backed companies seemed to register negative and statistically significant values both with the CARsVB methodology (-93.99%) and the Buy and Hold Abnormal Returns methodology (BHARsVB -88.37%). Venture-backed companies, unlike non- venture-backed companies, seem to be able to restrain the losses, measured by both methods, in the first 12 months (CARsB - 12.38% -20.15% CARSNNVB; BHARsVB - 10.17%; BHARsNVB - 15.51%). During the 36 months, however, the IPOs showed negative and statistically significant values regardless of whether they were venture or non-venture-backed. The test on the difference between the average abnormal returns of the two methodologies (CAARS and BHAARs) did not produce statistically significant results. The Wealth Relative was calculated and from the results it would appear that the portfolio of venture-backed IPOs does not register "brilliant" performances. The portfolio of 102 IPOs does not seem to beat the "market portfolio". In conclusion, therefore, the phenomenon of underperformance seems to be real in our country and is documented by strongly negative and statistically significant values obtained from the samples of IPOs analyzed. 展开更多
关键词 portfolio choice investment decisions Initial Public Offerings (IPOs) Buy and Hold Abnormal Returns venture-backed firms long-run underperformance Italian stock market wealth relative
下载PDF
Investing and Pricing with Supply Uncertainty in Electricity Market:A General View Combining Wholesale and Retail Market 被引量:2
15
作者 LI Xiaobo GAO Li +2 位作者 WANG Gongpu GAO Feifei WU Qingwei 《China Communications》 SCIE CSCD 2015年第3期20-34,共15页
Renewable energy,such as wind and solar energy,may vary signifi cantly over time and locations depending on the weather and the climate conditions.This leads to the supply uncertainty in the electricity(power) market ... Renewable energy,such as wind and solar energy,may vary signifi cantly over time and locations depending on the weather and the climate conditions.This leads to the supply uncertainty in the electricity(power) market with renewable energy integrated to power grid.In this paper,electricity in the market is classified into two types:stablesupply electricity(SSE) and unstablesupply electricity(USE).We investigate the investment and pricing strategies under the electricity supply uncertainty in wholesale and retail electricity market.In particular,our model combines the wholesale and retail market and capture the dominant players,i.e.,consumers,power plant(power operator),and electricity supplier.To derive the market behaviors of these players,we formulate the market decision problems as a multistage Stackelberg game.By solving the game model,we obtain the optimal,with closedform,wholesale investment and retail pricing strategy for the operator.We also obtain the energy supplier's best price mechanism numerically under certain assumption.We fi nd the price of SSE being about 1.4 times higher than that of USE will benefi t energy supplieroptimally,under which power plant's optimal strategy of investing is to purchase USE about 4.5 times much more than SSE. 展开更多
关键词 electricity supply with uncertainty electricity investment electricity pricing wholesale market retail market Stackelberg game
下载PDF
An Empirical Analysis of the Determinants of the Performance of the Global Private Equity Funds Markets
16
作者 M. Candasamy Bhavish Jugumath 《Journal of Modern Accounting and Auditing》 2015年第11期581-595,共15页
Over the last decade, the private equity (PE) industry, primarily venture capital and leveraged buyout investments, has matured massively. Consequently, public interest towards that particular asset class has increa... Over the last decade, the private equity (PE) industry, primarily venture capital and leveraged buyout investments, has matured massively. Consequently, public interest towards that particular asset class has increased rapidly. This study seeks to empirically assess the determinants of private equity funds' (PEFs) performance around the world. The study comprises a panel data of 103 publicly traded PEFs globally for the period of 2007-2013. Generalized least squares (GLS) technique is employed to regress the explanatory variables. The objective is accentuated on the major contributing factors that make a PEF successful. The analysis, in this paper, examines the effect of fund size, investment size, geographical focus, and industrial specialization on return. The empirical results provide evidence that: (1) Fund size and industrial specialization were observed to have an insignificant influence on the funds' returns in our panels; (2) Investment size is positively related to fund performance, indicating that larger deal sizes exhibited superior performance level; and (3) Geographical focus exhibited a negative association with fund performance, leading to the conclusion that limited geographical deployment of funds or absence of market diversification resulted in a fall in funds' returns. Consequently, to proxy for return of funds, stock prices of listed PEFs under LPEQ listings were employed. 展开更多
关键词 private equity (PE) generalized least squares (GLS) fund performance stock size emerging markets EUROPE North America global market
下载PDF
Chinese companies' outward internationalization to emerging countries: The case of Latin America
17
作者 Gaston Fornes Alan Butt-Philip 《Chinese Business Review》 2009年第7期13-28,共16页
This paper aims to review and analyze the literature on the expansion of Chinese firms to Latin America. In order to achieve this objective, it first reviews the literature on the internationalization of Chinese MNCs,... This paper aims to review and analyze the literature on the expansion of Chinese firms to Latin America. In order to achieve this objective, it first reviews the literature on the internationalization of Chinese MNCs, the theoretical frameworks discussed in the literature and the principal features of companies from China. Second, it describes the economic and political relations between the countries, specifically the threats and opportunities for Latin America and the trade and investment trends. The review shows that the majority of the current literature on Chinese MNCs has a focus on their expansion to developed countries, on the conceptual framework needed to understand this expansion, and on the competition for foreign investments from developed countries. As a result, the analysis makes evident that research gaps seem to exist in the following areas: (1) the relative value of Chinese companies' existing advantages, (2) the sustainability of these advantages once the lead, probably given by OEMs or JVs, had been exhausted, (3) research works based on quantitative and comparative data, (4) the motives for FDI, (5) the entry mode, configuration, control and strategy of Chinese companies investing in Latin America, and (6) the potential opportunities presented to European companies operating in Latin America. 展开更多
关键词 Chinese MNCs Latin America Sino-Latin American relations
下载PDF
The Efficient Market Theory and Mergers and Acquisitions (M&As) Puzzle: Evidence From Italy
18
作者 Domenico Celenza Fabrizio Rossi 《Journal of Modern Accounting and Auditing》 2012年第11期1704-1711,共8页
The efficient market theory is a central point in finance. If the capital market is competitive, the investors cannot expect superior gains from their investment strategies with respect to the risk profile. Event stud... The efficient market theory is a central point in finance. If the capital market is competitive, the investors cannot expect superior gains from their investment strategies with respect to the risk profile. Event studies are an approach to verify the impact of the information on the stock prices. In an efficient market, stock prices should fully, promptly, and quickly capture all the information. Instead, the market shows phenomena of an under-reaction and over-reaction for both the short and the long run. The mergers and acquisitions (M&As) are examples of anomalies. Often, the bidder companies record the negative abnormal returns for both the short and the long run. In contrast to the efficient market theory, the empirical evidence shows that this phenomenon is widespread in all (or most of) the countries of the world. This work examines the long-run performance in M&As. For this purpose, 40 bidders were observed in Italy during the period of 1994-2008 among listed companies. The buy and hold abnormal returns (BHARs) methodology was used, with which it was possible to observe the returns for three years following the deal. 展开更多
关键词 efficient market theory mergers and acquisitions (M&As) portfolio choice investment decisions buyand hold abnormal returns (BHARs) long-run performance Italian stock market
下载PDF
Credit Default Swaps (CDSs) and Systemic Risks
19
作者 Eliana Angelini 《Journal of Modern Accounting and Auditing》 2012年第6期880-890,共11页
The use of credit default swaps (CDSs) has become increasingly popular over time. Between 2002 and 2007, gross notional amounts outstanding grew from below S2 trillion to nearly S60 trillion. The recent crisis has r... The use of credit default swaps (CDSs) has become increasingly popular over time. Between 2002 and 2007, gross notional amounts outstanding grew from below S2 trillion to nearly S60 trillion. The recent crisis has revealed several shortcomings in CDS market practices and structure. In addition, management of counterparty risk has proved insufficient, as has in some instances the settlement of contracts following a credit event. However, past problems should not distract from the potential benefits of these instruments. In particular, CDSs help complete markets, as they provide an effective means to hedge and trade credit risk. CDSs allow financial institutions to better manage their exposures, and investors benefit from an enhanced investment universe. The purpose of this paper is to present a complete and practical exposition of the CDS market and to explore how the development of the CDS market has played an important role in the credit risk markets. Currently, the CDS market is transforming into a more stable system. Various measures are being put in place to help enhance market transparency and mitigate operational and systemic risk. In particular, central counterparties have started to operate, which will eventually lead to an improved management of individual as well as system-wide risks. 展开更多
关键词 credit derivatives credit default swap (CDS) credit risk counterpart risk systemic risk
下载PDF
Value-relevance of accounting numbers for valuation
20
作者 Muliati Binti Aba Ibrahim Hajah Fatimah Binti Bujang +4 位作者 Nero Madi Aizimah Binti Abu Samah Ummi Syarah Binti Ismai Kamaruzaman Jusoff Azlina Narawi 《Journal of Modern Accounting and Auditing》 2009年第9期30-39,共10页
Recent empirical work suggested that the ability of accounting numbers to explain the relationship between accounting numbers and stock prices has deteriorated over the past four decades. The findings of this study su... Recent empirical work suggested that the ability of accounting numbers to explain the relationship between accounting numbers and stock prices has deteriorated over the past four decades. The findings of this study suggest that the accounting earnings and book value are capturing most of the information that is relevant to assess the values of firms. At the same time, it also suggests that earnings and book value as well as non-accounting beta are more valued during the financial crisis as compared to after the financial crisis. Overall, the accounting estimate of the value of the firm is not deviating from the markets' estimate, which suggests that accounting numbers play an important role in the valuation of firms in Malaysia. 展开更多
关键词 value relevance EARNINGS book value firms value
下载PDF
上一页 1 2 5 下一页 到第
使用帮助 返回顶部