【摘要】 文章通过对2000~2006年期间多家上市公司公告变更募集资金投向的现象进行统计分析,得出目前我国证券市场还存在募资项目的立项与变更较为随意、大量募集资金被关联方占用或闲置以及虚假投资等问题。在有限样本数量的基础上,进行多元回归分析,得出实证分析结论。更多还原

【Abstract】 Based on the statistical analysis on the 1290 announcements of 530 listed companies about the alteration of financing capital during 2000-2006,the paper concludes that there are still a lot of problems in China ’s stock market at the present time,such as the determination and alteration of a capital-raising project are quite arbitrary,large amounts of capital raised are possessed by associated parties or left unused,and some investments are deceptive.The paper also makes a multiple regression analysis with limited sample size and draws a conclusion that there is a stable positive correlation between the alteration of financing capital’s use from a listed company and its assets,meanwhile a negative correlation to its asset-liability ratio and net assets gain.更多还原