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公司治理对上市公司估值影响的实证研究 被引量:2

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摘要 本文主要通过分析公司治理的机制,将影响公司治理的各个因素进行量化,在此基础上,通过构建上市公司估值模型,对公司治理影响估值进行量化的实证分析,得出的结论是,公司治理对上市公司估值的影响很大,治理结构完善的公司,其估值水平相对较高。
作者 蒋国云 薛斐
出处 《世界经济情况》 2005年第15期24-30,共7页 World Economic Outlook
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参考文献7

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同被引文献21

  • 1江洪波.解读IPO价格行为“异象”——基于行为金融模型和有效市场假说的分析[J].价格理论与实践,2007(4):64-65. 被引量:4
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  • 3Purnanandam, A. K. , Swaminathan, B. Are IPOs Underpriced? [J]. Journal of Financial Economics, 2002, (10) :45-61.
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  • 5Rajgopal, S. , Venkatachalam, M. , Kotha,S. The Value Relevance of Network Advantages: the Case of E-com- merce Firms[J]. Journal of Accounting Research,2003, (41):135-162.
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  • 7Brav, A. and Gompanies, P.A., Myth or reality? The long-tun underperformance of initial public offering from venture and nonventure capital-backed companies. Journal Of Finance, Vol.52, No.5,1997.
  • 8Klein, A., The association between the information con- tained in the prospectus and the price of initial public offerings. Journal Of Financial Statement Analysis, Vol.2, 1996.
  • 9Loughran, T. and Ritter, J.R., The news issues puzzle. Journal Of Finance Vol.50, No. 1, !995.
  • 10Megginson, W.L. and Weiss, K.A., Venture capitalist certification in initial public offerings. Journal Of Finance, Vol.46, No.3,1991.

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