Empirical result shows that security investors in China have different reaction to different types of dividend policy in the decision-making process as a result of psychological fact.
結(jié)果表明,中國證券投資者在投資決策過程由于受心理因素的影響,對于不同類型的股利政策做出了不同的市場反應(yīng),并表現(xiàn)出一定的股利偏好行為,即證券投資者對現(xiàn)金股利政策,尤其穩(wěn)定的現(xiàn)金股利政策表現(xiàn)出明顯的喜好行為,而對于不分配股利政策卻表現(xiàn)出了漠視效應(yīng)行為。
By using co-integration theory of quantitative economics,error and correction model and Granger causality test method,an empirical analysis is made on Shanghai Stock Exchange composite index and Shanghai Stock Exchange fund index,reasoning that there is an interactive relationship and longterm balance relationship between China s stock market and securities investment fund market.
利用計量經(jīng)濟學(xué)中的協(xié)整理論、誤差修正模型和Granger因果檢驗方法,對上證綜合指數(shù)和上證基金指數(shù)進行實證分析,論證我國股票市場和證券投資基金市場之間存在互動關(guān)系和長期均衡關(guān)系。
Proved by the experience of the developed country and areas, The Securities Investor Protection Fund is very helpful to increase of investor\'s confidence, establish a long-term mechanism for preventing and handling the risks of securities market, promote orderly and healthy development of the securities market.
發(fā)達國家和地區(qū)證券市場的實踐證明,證券投資者保護基金對于樹立投資者信心、防范和化解證券市場風(fēng)險、保證證券市場穩(wěn)定和健康發(fā)展發(fā)揮了十分重要的作用。
Empirical Research on Selling and Buying Decisions of Chinese Stock Investors;
中國證券投資者買賣決策的實證研究
The Empirical Research on Trading Strategies of Chinese Security Investors
中國證券投資者交易行為的實證研究
A PSYCHOLOGICAL STUDY OF CHINESE STOCKHOLDERS BEHAVIOR;
中國證券投資者的投資行為與個性特征
On the Protective Legal System of the Rights and Interests of the Stockholder
試論證券投資者權(quán)益保護法律制度
An Experimental Research on the Herd Behavior of Stock Investors: Evidence from China;
中國證券投資者追風(fēng)行為的實驗研究
Discuss the Investment Reason of Institutional Investors in Security Market;
論證券市場中機構(gòu)投資者的投資理性
Positive Research of China s Securities Market Investor s Behavior;
中國證券市場投資者行為的實證研究
They sell their securities to investors like venture capitalists.
向投資者出售證券就像風(fēng)險資本。
On Credit ABS Investor Protection System;
信貸資產(chǎn)證券化投資者保護機制探討
Research into Fund Investor s Assets Protect System of Our Country;
我國證券投資基金投資者資產(chǎn)保護機制研究
"Portfolio investments and direct investments. a portfolio investment is one where the in"vestor purchases stock for investment purpose only."
有價證券投資和直接投資兩種。有價證券投資是指投資者只以投資為目的購買股票。
And investment bank structures the security to sell to investors.
投資銀行是向投資者出售證券的方式運行。
And investors are less willing to put money into debt securities.
投資者不再愿意將資金投入債務(wù)有價證券。
A Study on Value-investing Behavior of Institutional Investors in China;
我國證券市場機構(gòu)投資者價值投資行為研究
Research on Risk Evaluation of China s Institutional Investors in Foreign Portfolio Investment;
我國機構(gòu)投資者海外證券投資的風(fēng)險評估研究
The Investment Behavior Analysis of the Institutional Investors in Chinese Security Market;
中國證券市場機構(gòu)投資者的投資行為分析
Small and Medium Investor Securities Investment Risk Quantization Controled Model;
中小投資者證券投資風(fēng)險量化控制模型
Investor Participation and Its Meaning for the Fund Rating;
投資者參與和證券投資基金風(fēng)格業(yè)績的評估