我國上市公司區(qū)域差異研究
發(fā)布時(shí)間:2018-05-29 21:17
本文選題:上市公司 + 區(qū)域差異。 參考:《河北大學(xué)》2014年碩士論文
【摘要】:自上世紀(jì)90年代,中國證券市場建立以來,特別是近10年,我國市場經(jīng)濟(jì)和金融產(chǎn)業(yè)進(jìn)入快速發(fā)展階段。其中上市公司作為市場經(jīng)濟(jì)的重要主體和金融產(chǎn)業(yè)的中堅(jiān)力量,在社會經(jīng)濟(jì)中占有重要作用。作為金融市場基石、中國企業(yè)領(lǐng)跑者的上市公司,擁有比其它公司更為廣闊的發(fā)展平臺和更快的成長速度,其績效水平和經(jīng)營效益在一定程度上成為我國社會經(jīng)濟(jì)發(fā)展方向和質(zhì)量的風(fēng)向標(biāo)和晴雨表。 自上世紀(jì)建立以來,我國的股票市場迅速發(fā)展,上市公司的數(shù)量也急劇膨脹,到2012年初已發(fā)展到2300多家,成為企業(yè)資金籌集、產(chǎn)業(yè)結(jié)構(gòu)優(yōu)化、資源合理配置的中堅(jiān)力量。但是,各地區(qū)上市公司無論是在規(guī)模上還是在結(jié)構(gòu)都表現(xiàn)出極大地差異性。 本文主要通過描述性統(tǒng)計(jì)和計(jì)量統(tǒng)計(jì)兩種方法對我國上市公司區(qū)域分布差異進(jìn)行研究。其中,發(fā)展規(guī)模、產(chǎn)業(yè)結(jié)構(gòu)、績效水平、IPO籌資能力四個(gè)方面的差異分析,主要運(yùn)用描述性統(tǒng)計(jì)方式,得出的結(jié)論為:在發(fā)展規(guī)模、IPO籌資能力兩個(gè)方面,東部地區(qū)上市公司均優(yōu)于中、西部地區(qū)上市公司;產(chǎn)業(yè)結(jié)構(gòu)方面,東部地區(qū)主要在資本密集、技術(shù)密集產(chǎn)業(yè)及服務(wù)業(yè)具有絕對優(yōu)勢,而中、西部地區(qū)的相對優(yōu)勢主要集中在資源型產(chǎn)業(yè),其中以西部地區(qū)尤為突出;績效水平方面,凈利潤東部高于中、西部地區(qū),而每股收益中部最高,可見中部地區(qū)在平均資本收益上占有相對優(yōu)勢。對于經(jīng)濟(jì)貢獻(xiàn)度的研究主要運(yùn)用了面板數(shù)據(jù)分析的計(jì)量模型,通過比較上市公司數(shù)量對地區(qū)GDP規(guī)模的影響程度,對比分析三個(gè)地區(qū)上市公司經(jīng)濟(jì)貢獻(xiàn)度的大小,得出東部地區(qū)上市公司對地區(qū)經(jīng)濟(jì)的貢獻(xiàn)度最高。根據(jù)上述差異性分析結(jié)果,結(jié)合差異產(chǎn)生的背后根源,對東、中、西三大地區(qū)推動上市公司區(qū)域均衡發(fā)展分別提出了針對性的建議。
[Abstract]:Since the establishment of China's securities market in the 1990s, especially in the past 10 years, China's market economy and financial industry have entered a stage of rapid development. Listed companies, as the main body of market economy and the backbone of financial industry, play an important role in social economy. As the cornerstone of the financial market, the listed companies, which are the leaders of Chinese enterprises, have a broader development platform and faster growth than other companies. To a certain extent, its performance level and management benefit have become the wind vane and barometer of the development direction and quality of our country's social economy. Since the establishment of the last century, the stock market in China has developed rapidly, and the number of listed companies has expanded rapidly. By the beginning of 2012, the number of listed companies has grown to more than 2300, which has become the backbone of corporate capital raising, industrial structure optimization, and rational allocation of resources. However, there are great differences in scale and structure of listed companies in different regions. In this paper, the regional distribution differences of listed companies in China are studied by descriptive statistics and econometric statistics. Among them, development scale, industrial structure, performance level and IPO financing ability are analyzed in four aspects, mainly using descriptive statistical method. The conclusions are as follows: development scale and IPO financing ability. The listed companies in the eastern region are superior to the listed companies in the central and western regions. In terms of industrial structure, the eastern region has absolute advantages in capital-intensive, technology-intensive industries and service industries. The relative advantage of the western region is mainly concentrated in the resource-based industry, especially in the western region. In terms of performance level, the net profit in the east is higher than that in the middle and the western region, while the earnings per share is the highest in the central region. Visible central area occupies comparative advantage on average capital income. The research of economic contribution mainly uses the econometric model of panel data analysis. By comparing the influence of the number of listed companies on the regional GDP scale, this paper compares and analyzes the economic contribution of the three regional listed companies. The paper draws the conclusion that the contribution of listed companies in the eastern region to the regional economy is the highest. According to the above analysis results, combined with the root of the differences, the paper puts forward some suggestions to promote the regional balanced development of listed companies in the east, the middle and the west.
【學(xué)位授予單位】:河北大學(xué)
【學(xué)位級別】:碩士
【學(xué)位授予年份】:2014
【分類號】:F832.51;F276.6
【參考文獻(xiàn)】
相關(guān)期刊論文 前10條
1 胡關(guān)金;中國證券業(yè)及上市公司對GDP貢獻(xiàn)的實(shí)證研究[J];財(cái)貿(mào)經(jīng)濟(jì);2003年03期
2 汪金龍;李創(chuàng)霏;;我國中部地區(qū)上市公司治理結(jié)構(gòu)與公司績效的實(shí)證研究[J];財(cái)貿(mào)研究;2007年02期
3 何蓉;;西部地區(qū)上市公司及其產(chǎn)業(yè)定位研究[J];甘肅社會科學(xué);2007年02期
4 張新;從上市公司績效看中國經(jīng)濟(jì)增長的可持續(xù)性[J];經(jīng)濟(jì)社會體制比較;2003年01期
5 何樹紅,徐興富;云南上市公司的現(xiàn)狀及分析[J];經(jīng)濟(jì)問題探索;2004年08期
6 杜猛,詹s,
本文編號:1952389
本文鏈接:http://sikaile.net/jingjilunwen/jinrongzhengquanlunwen/1952389.html
最近更新
教材專著