本文選題：AH股價(jià)差 + 區(qū)際風(fēng)險(xiǎn)分擔(dān)��； 參考：《經(jīng)濟(jì)學(xué)動(dòng)態(tài)》2012年06期

【摘要】：本文基于隨機(jī)貼現(xiàn)因子的框架,從新的視角對(duì)AH股價(jià)差現(xiàn)象進(jìn)行了研究。研究結(jié)果表明,除了個(gè)股因素外,造成AH股價(jià)差的因素還有兩地區(qū)間區(qū)際風(fēng)險(xiǎn)分擔(dān)程度、無(wú)風(fēng)險(xiǎn)利率的差異以及匯率風(fēng)險(xiǎn)溢酬和匯率對(duì)股票價(jià)格的溢出效應(yīng)等共同因素,而且這些共同因素的影響作用比已有研究關(guān)注的個(gè)股因素更為重要。
[Abstract]:Based on the framework of stochastic discount factor, this paper studies the AH stock price difference from a new perspective. The results show that in addition to the individual stock factor, there are also some common factors, such as the degree of risk sharing between the two regions, the difference of risk-free interest rate, the overpayment of exchange rate risk and the spillover effect of exchange rate on stock price. Moreover, the influence of these common factors is more important than the stock factor which has been studied.
【作者單位】： 上海國(guó)家會(huì)計(jì)學(xué)院;上海立信會(huì)計(jì)學(xué)院會(huì)計(jì)與財(cái)務(wù)學(xué)院;
【分類(lèi)號(hào)】：F832.51;F224

【參考文獻(xiàn)】

相關(guān)期刊論文 前4條

1 巴曙松;朱元倩;顧Z，

本文編號(hào)：1853158