:::

詳目顯示

回上一頁
題名:價值型投資在中國的適用性分析
書刊名:創新研發學刊
作者:陳韻如
作者(外文):Chen, Yun-ru
出版日期:2012
卷期:8:1
頁次:頁105-110
主題關鍵詞:價值投資中國股市過度反應假說Value investingChina stock marketOverreaction hypothesis
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(1) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:1
  • 共同引用共同引用:0
  • 點閱點閱:27
價值投資理念是國際成熟市場的主流投資理念。隨著中國股市規模的不斷擴大,市場機制的不斷完善,近年來價值投資理念不斷深入人心。從股票市場發展至今,大部分投資者處於淨虧損的狀態,那麼價值投資到底在中國適用嗎?文章從價值投資的含義、一般評價指標,已有關於價值投資研究的文獻進行了分析,探討了價值投資在中國的適用性。實證研究越是近期的研究越支持價值投資策略在中國股票市場的適用性。可見,價值投資是一種先進的市場投資理念,它必將會成為中國股市投資理念發展的趨勢。
Value investment philosophy is to mature markets the mainstream investment philosophy. With the Chinese stock market is expanding, the market mechanism and constantly improve the value investment philosophy in recent years continue to be deeply rooted. So far, the development of the stock market, most investors in the net loss for the state, then the value of investment in the end applicable in China? The meanings of the article of value investing, the general evaluation of the indicators have been on the value of the investment research literature analysis to explore the applicability of the value of investing in China. Empirical Study of the more recent studies the more support the applicability of the value of the investment strategy in the Chinese stock market. Visible, value investing is an advanced market investment philosophy, it will become the development trend of the Chinese stock market investment philosophy.
期刊論文
1.Vassalou, Maria、Xing, Yuhang(2004)。Default risk in equity returns。Journal of Finance,59(2),831-868。  new window
2.王春豔、歐陽令南(2004)。價值投資於中國股市的可行性分析。財經科學,2004(1),80-85。  延伸查詢new window
3.Boehme, Rodney D.、Danielsen, Bartley R.、Sorescu, Sorin M.(2006)。Short sale constraints, differences of opinion, and overvaluation。Journal of Financial and Quantitative Analysis,41(2),455-487。  new window
4.Chan, Ka Keung Ceajer、Chen, Nai Fu(1991)。Structural and Return Characteristics of Small and Large Firms。Journal of Finance,46(4),1467-1484。  new window
5.Chan, Louis K. C.、Lakonishok, Josef、Hamao, Yasushi(1991)。Fundamentals and Stock Returns in Japan。The Journal of Finance,46(5),1739-1789。  new window
6.Piotroski, Joseph D.(2000)。Value Investing: the Use of Historical Financial Statement Information to Separate Winners from Losers。Journal of Accounting Research,38(1),1-41。  new window
7.Lakonishok, Josef、Shleifer, Andrei、Vishny, Robert W.(1994)。Contrarian Investment, Extrapolation, and Risk。Journal of Finance,49(5),1541-1578。  new window
8.Rosenberg, Barr、Reid, Kenneth、Lanstein, Ronald(1985)。Persuasive evidence of market inefficiency。Journal of Portfolio Management,11(3),9-16。  new window
9.Fama, Eugene F.、French, Kenneth R.(1998)。Value Versus Growth: The International Evidence。The Journal of Finance,53(6),1975-1999。  new window
10.陳國進、胡超凡、王景(2009)。異質信念與股票收益--基於我國股票市場的實證研究。財貿經濟,3,26-31。  延伸查詢new window
11.孫美、査道林(2009)。分行業探討價值投資在中國股市的適用性。財會月刊,6,34-40。  延伸查詢new window
12.吳世農、許年行(2004)。資產的理性定價模型和非理性定價模型的比較研究--基於中國股市的實證分析。經濟研究,6,105-116。  延伸查詢new window
13.黃惠平、彭博(2010)。市場估值與價值投資策略。會計研究,10,36-41。  延伸查詢new window
14.王晉斌(2004)。價值溢價:中國股票市場1994-2002。金融研究,3,79-89。  延伸查詢new window
15.林樹、夏和平、張程(2011)。價值投資策略在中國A股市場的可行性。上海立信會計學院學報,1,65-71。  延伸查詢new window
16.柯原(2011)。基於價值投資理論的最優證券投資組合探討。學術問題研究 (綜合版),1。  延伸查詢new window
17.卿小權(2012)。市場錯誤定價、價值投資超額收益及其成因研究。中國經濟問題,1。  延伸查詢new window
18.郝愛民(2006)。中國證券市場價值投資效應及影響因素。統計與決策,6,20-26。  延伸查詢new window
19.陳信元、張天餘、陳冬華(2001)。預期股票收益的橫截面多因素分析。金融研究,6,22-35。  延伸查詢new window
20.薄小明(2009)。價值投資基本理論問題研究。經濟師,9。  延伸查詢new window
21.韓其恒、於旭光(2007)。價值型投資在中國證券市場上的有力證據。上海財經大學學報,1,79-85。  延伸查詢new window
22.戴嘵娟(2009)。價值溢價和後見之明--基於會計業績的價值投資策略實證研究」。金融理論與實踐,12。  延伸查詢new window
23.De Bondt, W. F. M.、Thaler, R. H.(1985)。Does the stock market overreacts。Journal of Finance,40,793-805。  new window
24.Fama, E.、French, K.(1992)。Common risk factors in the returns on stock and bonds。Journal of Financial Economics,3,3-56。  new window
研究報告
1.Cohen, Randolph B.、Polk, Christopher、Vuolteenaho, Tuomo(2001)。The Value Spread。  new window
圖書
1.Dreman, D.(1977)。Psychology and the stock market: why the pros go wrong and how to profit。New York。  new window
其他
1.Van der Hart, Jaap,Slagter, Erica,Van Dijk, Dick(2001)。Stock Selection Strategies in Emerging Markets。  new window
 
 
 
 
第一頁 上一頁 下一頁 最後一頁 top
QR Code
QRCODE