节点文献
基于修正的Fama-French模型对A+H交叉上市公司IPO长期走势的实证研究
Empirical Study on the IPO Trend of Cross Listing Companies in A+H Shares Markets by Modified FAMA-FRENCH Model
【摘要】 本文以44家在A股和H股两个市场挂牌交易的上市公司为研究对象,通过采用改进的Fama-French模型,提出了修正的四因素模型分析A+H公司IPO长期走势。研究表明A股市场的长期走势相对H股市场较弱。
【Abstract】 The paper studies 44 cross listing companies in A+H shares markets by modified Fama-French model. In analyzing the IPO trend of companies listed in A and H shares markets, the paper concludes that companies listed in H shares market would have a better IPO trend than companies listed in A shares market.
【关键词】 IPO;
长期收益;
Fama-French模型;
交叉上市;
【Key words】 IPO; Long-term Earning; Fama-French Model; Cross Listing;
【Key words】 IPO; Long-term Earning; Fama-French Model; Cross Listing;
- 【文献出处】 上海金融 ,Shanghai Finance , 编辑部邮箱 ,2009年12期
- 【分类号】F832.51
- 【被引频次】9
- 【下载频次】604