摘要
投资者保护制度是资本市场发展的基石,对股票价格具有重要的影响作用。从行为金融学角度看,投资者保护制度主要通过噪声交易、羊群效应以及弱化股票市场中的套利作用短期影响股价,通过企业价值长期影响股价。
Investor Protection System is the cornerstone of capital market development and has an important influence on stock price.Seen from the perspective of behavioral finance,this system affects the short term price fluctuation of stock through noise trading,sheep-flock effect,and alleviated arbitrage.Its long term influence is wielded through the value of the enterprise.
出处
《玉溪师范学院学报》
2013年第6期48-52,共5页
Journal of Yuxi Normal University
关键词
投资者保护制度
股票价格
传递机制
investor protection system
stock price
transmission mechanism
