毕业论文-同洲电子大股东增持对市场的影响及效应研究.docVIP

同洲电子大股东增持对市场的影响及效应研究 摘 要 股权分置改革后，中国的股票市场逐步迈向了一个股市全流通的新时代。股权分置改革期间，上市公司的经营权、决策权以及其他重要的信息大都由公司的非流通股股东掌握，在这样的大背景下，上市公司非流通股股东的市场行为以及由此导致的市场效应逐渐受到了市场各界和学者们的关注。本文以同洲电子大股东增持对市场的影响及效应研究对象运用采用文献分析法和理论分析法，阐明了不同产权性质的大股东股份增持行为的动机和效应差异，通过对大股东增持的市场效应的研究，揭示了我国上市公司大股东增持的动机及其导致的市场效应问题。探讨大股东增持的市场效应及其影响因素,最后对大股东增持的动机进行了初步探索。本文首先从四大理论（有效市场理论、供求关系理论、价格压力理论和行为金融理论）出发，结合大股东的增持行为，回顾了国内外专家学者的相关研究成果。继而对大股东的定义和种类以及大股东的增持动机进行了准确的界定，分析了大股东增持引起的市场效应和大股东增持的影响因素[1]。 关键词：大股东增持，文献分析法和理论分析法，影响因素。 Coship electronics?holdings of major shareholders of?the impact on the market??research Abstract Later?in the share reform,?Chinas stock market?gradually opens?a new era?of full circulation.?In?theperiodof?theequity?of non tradable shareholders?mostly?holdbusiness decision-makingpower?andtheimportant?valueof?thebackgroundinformation,?the?major shareholders in the?full circulation of?equity,?market?behavior and market?the resulting effect?has become a hot issue?market?concern,?has become one of the?focus?of?the?scholars.?The research object of this paper?and?the impact on the market?effect?to Coship?holdings of major shareholders?by?using the method of literature analysis?and theoretical analysis,?different?motives and effect?illustrates the?different nature of the property rights of?large shareholders?behavior,?through the research on the?market effect?of?the holdings of major shareholders?of the?listing Corporation in China,?reveals?the holdings of major shareholders?motivation?and market effect?theproblem.?To explore the?factors of?market effect of?the holdings of major shareholdersand their influence?was explored?at the end of the?holdings of major shareholdersmotivation.?This paper?starts from?the theory of effective market,?the relationship between supply and demand and?price?pressure theory,?behavioral finance theory?andthe holdings of major shareholders?behavior research?aspects,?reviews the relevantresearch results at home and abroad.?Then?the definition?and classification of?major shareholders,?maj