本文選題：股票市場 + 績效　； 參考：《江西財(cái)經(jīng)大學(xué)》2012年碩士論文

【摘要】：隨著我國經(jīng)濟(jì)的快速發(fā)展,股票市場的規(guī)模日益擴(kuò)大、功能不斷增加,但我國股票市場的這些功能是否得到了有效的發(fā)揮,或者說股票市場的績效如何,已經(jīng)成為國內(nèi)外許多經(jīng)濟(jì)學(xué)者研究的重點(diǎn)。這個(gè)問題的研究對我國未來經(jīng)濟(jì)的全面、健康發(fā)展有著極為重要的意義。 本文以我國股票市場的績效作為研究對象,通過對股票市場各種功能進(jìn)行分析,選取我國股票市場發(fā)展的歷史數(shù)據(jù)并運(yùn)用股票市場績效評價(jià)的相關(guān)模型進(jìn)行定性和定量分析。通過定性分析和定量實(shí)證檢驗(yàn)的方法來考察我國股票市場在籌集資金、優(yōu)化資源配置和對促進(jìn)宏觀經(jīng)濟(jì)增長等功能上的績效。并在此基礎(chǔ)上提出構(gòu)建結(jié)構(gòu)合理、規(guī)模適度、功能完備、運(yùn)作規(guī)范的股票市場體系的對策建議。本文共包括四章： 第一章,主要介紹本文的選題背景、國內(nèi)外相關(guān)研究文獻(xiàn)綜述、研究的意義、內(nèi)容、思路和方法以及研究的創(chuàng)新與不足等內(nèi)容。 第二章,主要是對我國股票市場績效進(jìn)行理論概述。通過對我國股票市場發(fā)展的回顧,分析我國股票市場的功能及其對經(jīng)濟(jì)增長的傳導(dǎo)機(jī)制。并在理論上探討了我國股票市場效率的各種檢驗(yàn)?zāi)Ｐ汀?第三章,對我國股票市場的績效作出定性和定量分析。主要對我國股票市場籌資效率、資源配置效率和信息效率進(jìn)行定性分析,并運(yùn)用單位根檢驗(yàn)、協(xié)整檢驗(yàn)、格蘭杰因果檢驗(yàn)等分析方法,檢驗(yàn)了我國股票市場發(fā)展與經(jīng)濟(jì)增長的績效情況。得出我國股票市場績效不高的結(jié)論。 第四章,分析影響我國股票市場績效的原因及對策建議,包括有：信息披露不完善、投資者結(jié)構(gòu)不合理、上市公司治理結(jié)構(gòu)不完善、股票市場層次結(jié)構(gòu)失調(diào)、股票市場法律法規(guī)不夠健全等。提出相應(yīng)的對策,包括有：完善信息披露機(jī)制、調(diào)整我國股票市場投資者結(jié)構(gòu),培育理性投資者、改善我國上市公司的治理結(jié)構(gòu)、建立多層次的市場結(jié)構(gòu)體系和健全相關(guān)法律法規(guī),保證股票市場的健康運(yùn)行。
[Abstract]:With the rapid development of our country's economy, the scale and function of the stock market is expanding day by day. However, whether these functions of the stock market in our country have been effectively brought into play, or what is the performance of the stock market, It has become the focus of many economists at home and abroad. The study of this problem is of great significance to the overall and healthy development of our country's future economy. This paper takes the performance of Chinese stock market as the research object, through the analysis of the various functions of the stock market, selects the historical data of the development of the stock market of our country and carries on the qualitative and quantitative analysis by using the related model of the stock market performance evaluation. Through qualitative analysis and quantitative empirical test, this paper investigates the performance of Chinese stock market in raising funds, optimizing resource allocation and promoting macroeconomic growth. On the basis of this, the paper puts forward the countermeasures and suggestions to construct the stock market system with reasonable structure, moderate scale, complete function and standard operation. This paper consists of four chapters: the first chapter mainly introduces the background of this paper, domestic and foreign related research literature review, research significance, content, ideas and methods as well as research innovation and deficiencies. The second chapter is a theoretical overview of the performance of China's stock market. By reviewing the development of China's stock market, this paper analyzes the function of China's stock market and its transmission mechanism to economic growth. This paper also discusses the various test models of stock market efficiency in China theoretically. The third chapter, the qualitative and quantitative analysis of the performance of China's stock market. This paper mainly analyzes the efficiency of raising funds, the efficiency of resource allocation and the efficiency of information in the stock market of our country, and applies the methods of unit root test, cointegration test, Granger causality test and so on. This paper examines the performance of stock market development and economic growth in China. Draw the conclusion that the performance of our stock market is not high. The fourth chapter analyzes the reasons and countermeasures that affect the performance of China's stock market, including: imperfect disclosure of information, irrational structure of investors, imperfect governance structure of listed companies, and imbalance of hierarchical structure of stock market. Stock market laws and regulations are not sound enough. The corresponding countermeasures are put forward, including: perfecting the mechanism of information disclosure, adjusting the structure of investors in our stock market, cultivating rational investors, improving the governance structure of listed companies in our country. Establish a multi-level market structure system and improve the relevant laws and regulations to ensure the healthy operation of the stock market.
【學(xué)位授予單位】：江西財(cái)經(jīng)大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2012
【分類號】：F832.51;F224

【參考文獻(xiàn)】

相關(guān)期刊論文 前10條

1 丁志卿;吳彥艷;;我國宏觀經(jīng)濟(jì)對股票市場走勢影響的實(shí)證研究——基于非政策性傳導(dǎo)機(jī)制的視角[J];財(cái)經(jīng)科學(xué);2008年05期

2 趙曉雷;中國資本市場實(shí)證分析[J];財(cái)經(jīng)研究;1998年10期

3 羅高升;陳衛(wèi)平;;基于托賓Q值的股市實(shí)證分析——非流通股解禁對股票市場估值水平的影響[J];當(dāng)代經(jīng)濟(jì);2008年10期

4 呂江林,朱懷鎮(zhèn);中國股票市場對貨幣政策影響的實(shí)證分析[J];當(dāng)代財(cái)經(jīng);2004年11期

5 劉贛州;資本市場與資本配置效率:基于中國的實(shí)證分析[J];當(dāng)代經(jīng)濟(jì)研究;2003年11期

6 王聰;李道葉;;交易成本對我國股票市場價(jià)格波動(dòng)性的影響分析[J];南方金融;2007年11期

7 鄭江淮,袁國良,胡志乾;中國轉(zhuǎn)型期股票市場發(fā)展與經(jīng)濟(jì)增長關(guān)系的實(shí)證研究[J];管理世界;2000年06期

8 史代敏;股票市場波動(dòng)的政策影響效應(yīng)[J];管理世界;2002年08期

9 熊德華;張圣平;;市場微觀結(jié)構(gòu):理論發(fā)展與實(shí)證分析綜述[J];管理世界;2006年08期

10 陳沁芳;;CAPM模型在中國股市的應(yīng)用及實(shí)證分析[J];經(jīng)營管理者;2010年08期

相關(guān)碩士學(xué)位論文 前1條

1 吳陽;股票市場資本配置效率研究[D];西南財(cái)經(jīng)大學(xué);2006年

，

本文編號：2014608