基于剩余收益模型的我國上市公司內(nèi)在價(jià)值和股票價(jià)格關(guān)系的研究.pdf

1、、，骨費(fèi)學(xué)!』：!一——?jiǎng)h——UD[⑨研究生學(xué)位論文基于剩余收益模型的我國上市公司內(nèi)在價(jià)值和股票價(jià)格關(guān)系的研究刪剛斟皂睦婭指嬸Ⅻ_桿#毯世卷熬授十啃褂悔剎一籃州峙替會(huì)i芏啦螨蚪日J(rèn)II211盟圭璺日!】目學(xué)慨授予日嘲211鰻生自層中國海洋大學(xué)基于剩余收益模型的我國上市公司內(nèi)在價(jià)值和股票價(jià)格關(guān)系的研究The$tudyofItelationshipofIntril115icVall1eandstockpriC8ofIistedcorpora

2、l：ionsi13ChinabasedonRI—Abstract黝thedevelopmentofOUtcapitalmarketvalueinvestmentandvaluemanagementgodeepintopeoplesheartpeoplepaymoreattentiontocorporation’sintrinsicvaluewhentheymakedecisionIntrinsicvalueissubjectivetos

3、omeextent，sohowtoevahmteitexactlyandobjectivelyisveryimportanttomarketparticipatorsTherearemanymethodsofvalueevaluationCapitalmarketinChinahasitsOWllspecialties80thosemethodsa塢unnecessarilyadaptto0111“l(fā)istedcorporationsR

4、ecentlyResidualIncomeModelfllOUSe$l’cople’sattentionIthinkthismodelisev蛆inol℃fitforevaluationofcorporationsintrinsicvaluenotonlyintheorybutalsoinplacticl，’InthistextIevaluate0111“l(fā)istedcorporationsintrimievalue缸鋤1994to20

5、03based011OhlsonsResidualIncomeModelAccordingtotheresultIstudytherelationshipofvalueandstockpriceoflistedcorporationsinChinarevealthomovementruleofstockpriceandvalueMoreoverlstudythefimneialfactorswhataffectstockprice11塢

6、purposeofthisthemeistoprovidedataforstakeholderIhopoIcouldcontributetoguidepeoplesdecisionmakingandstockmarketshealtbydevelopment11峙formerresearchOntherelationshipofjn血insicvalueandpriceofstockeitheravoidstudyingintrinsi

7、cvalueOrseekothermethodsIsolvethedittieultproblemofcomputingintrimievaluethroughinlrodueingRIMfromthebasicconceptsIn砌盯toeliminatetheeffectofnonc：urrentstockthecurrentstockoflistedcorporationsIelaoosemustaccountfor50％融lea

8、stSothestocklrieccouldreflectthelistedcorporations’valueaSpossibleAccordingtothestudyOnstylebookthothesisreflectstherelatiomhipofinlzinsievalueandstock謝ceOn∞esideandanSWelStlaoquestionwhethertlaeroisstockbubbleinOUrstock