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dc.contributor.advisor屈文州
dc.contributor.author朱睿
dc.date.accessioned2016-02-14T02:52:52Z
dc.date.available2016-02-14T02:52:52Z
dc.date.issued2012-06-25 11:32:29.0
dc.identifier.urihttps://dspace.xmu.edu.cn/handle/2288/33203
dc.description.abstract中国股票市场上的高价股溢价异象,是指对股票按价格分组之后,高价股组合的前期收益率显著高于低价股组合,后期收益率显著低于低价股组合,即前期存在显著的溢价,后期存在显著的折价。 投资者异质信念是指不同的投资者在面临相同的股票时,对未来的收益分布有不同的判断,因此异质信念也可以称为意见分歧。在投资者非理性的前提下,学术界认为异质信念能够为金融异象提供新解释。因此,可以应用异质信念理论,来验证我国股票市场上存在的高价股溢价现象。 本文以2000-2011年沪深股市A股非ST上市公司为样本,将股票按价格排序分为高价股组和低价股组,发现两组之间存在显著的收益率差异,这种差异不能够通过资本资产定价模型(...
dc.description.abstractPrice premium anomalies of high-priced shares on the Chinese stock market, refers to after grouping by share price, the pre-yield of high-priced stock portfolio significantly higher than the low-priced stock portfolio. It means the high-priced portfolio has a significant premium pre-exist, and has a significant discount latter. Investors' heterogeneous beliefs refers to when different investors i...
dc.language.isozh_CN
dc.relation.urihttps://catalog.xmu.edu.cn/opac/openlink.php?strText=32005&doctype=ALL&strSearchType=callno
dc.source.urihttps://etd.xmu.edu.cn/detail.asp?serial=35381
dc.subject高价股溢价
dc.subject异质信念
dc.subject异象
dc.subjectPrice premium
dc.subjectHeterogeneous beliefs
dc.subjectAnomalies
dc.title中国股票市场高价股溢价现象的实证分析: 基于异质信念理论
dc.title.alternativeAn Empirical Analysis of High-priced Stocks Premium Phenomenon in Chinese Stock Market: Based on Heterogeneous Beliefs Theory
dc.typethesis
dc.date.replied2012-06-05
dc.description.note学位:工商管理硕士
dc.description.note院系专业:管理学院财务学系_财务学
dc.description.note学号:32120091150615


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