股权分置改革

股权分置改革对现金股利分配影响的研究

The Research about the Effect of the Share Splitting Reform on the Cash Dividend Distribution

股权分置改革后，沪深两市也走出了振荡中稳步攀升的走势，上证指数上涨幅度超过40%。

After the share splitting reform , both the Shanghai and Shenzhen stock market index are increasing steadily over 40 % .

这表明：股权分置改革后，我国股市的IPO定价效率有所降低。

This shows that IPO pricing efficiency has decreased since equity separation reform .

本文认为产生这种差异的原因在于：第一，股权分置改革后，影响IPO定价效率的因素发生了显著变化。

This paper holds that the reasons for such differences are : first , the impact factors have dramatically changed since equity separation reform .

自2005年股权分置改革以来，我国资本市场快速发展，上市公司市值与GDP的比值稳步上升。

Chinese capital market has expanded dramatically since the split share restructures reform in 2005 . The percentage of market capitalization of listed companies to GDP is growing steadily .

含B股、H股、N股公司的股权分置改革涉及比较复杂的法律关系，有可能引发外资股股东提出的国际集团诉讼。

Companies which have issued A-shares , B-shares , H - shares and N-shares tend to be involved in complicated legal relation in the course of non-tradable shares reform , and may end up with international lawsuits .

IPO效率乃一级市场效率，是资本市场效率的重要组成部分。股权分置改革必定会对其产生深远影响。

IPO efficiency , the primary market efficiency , is an important part of capital market efficiency , which equity separation reform absolutely has a profound impact on .

究其原因，本文认为有如下四点：第一，本文选取的样本B乃股权分置改革后两年发行的股票，在短短两年的时间里，股权分置改革的效果未完全显现。

There are maybe four reasons . The first is that the sample B is the stocks which are issued only two years after equity separation reform . The effect of equity separation reform is not fully apparent in such short time .

第四章通过修正的Jones模型，论证了不同上市公司在股权分置改革下根据自身目的，普遍进行了盈余管理行为的实证结论。

Chapter 4 study from empirical perspective , in the help of the Jones model , demonstrates that different companies under its own purpose , has earnings management behavior generally .

而QFII对我国证券市场的风险究竟有何影响，尤其在股权分置改革后QFII对我国证券市场的风险会怎样变化是很值得研究的。

It is necessary to study how the QFII ( Qualified Foreign Institutional Investors ) influences the possible risk in the domestic security market , particularly after the reform of non-tradable shares .

本文选取05和06年进行了股权分置改革的上市公司数据，按年份将其分为两个样本，运用修正的Jones模型对盈余管理的存在性进行回归分析。

This article select he listed data of companies which make the reform in 2005 and 2006 , break the date into two samples , using the Jones models to perform a regression analysis on the existence of earnings management .

而后，以2002-2006年发生控制权转移的上市公司为样本，利用面板Logit模型进一步研究了股权分置改革对控制权转移的影响。

Afterwards , the listed companies are adopted as samples whose controlling right transferred in 2002-2006 , and the impact of shareholder structure reform on controlling right transferring is studied using the panel Logit model .

涉及股权分置改革的，账户名格式为“xx公司股权分置改革权证行权专用证券交收账户”。

In case of involvingwhere the equity distributionsplit share reform is involved , the form of the account name shall be " exclusive securities account for warrant exercise of XX company for distribution split share reform of warrant exercise " .

权证、股权分置改革与证券市场发展

Stock Warrants , Equity Division Reform and Development of Securities Market

股权分置改革对价理论与实务研究

Research on Consideration in Split-share Structure Reform and its Practice Problems

股指期货波动性与股权分置改革关系研究

Study on Volatility of Stock Index Future and Split Stock Reform

股权分置改革给我国证券市场带来什么？

What can shareholder structure reform bring to Chinese securities markets ?

股权分置改革对我国证券市场发展的影响

Effects of Split Share Reform on Securities Market Development in China

股权分置改革的理论探讨及影响对价水平因素的实证分析

Theory Discussion on Non-Tradable Shares and Empirical Studies on Consideration

通过本文的研究，主要得出以下结论：1、股权分置改革之后超能力派现现象有所减弱。

High cash dividend phenomenon weakened after the reform of non-tradable shares .

我国股权分置改革中的市场参与：一个复合的事件分析

Market Participation in Non-tradable Share Reform : A Composite Event Study Methodology

股权分置改革试点的八大问题

Eight Issues on the Reform of the Split Share Structure

继续推进上市公司股权分置改革。

We will continue to reform the shareholder structure of listed companies .

基于股权分置改革的股权激励制度分析

Discussion on Option Incentive System Based on Option Division Reform

股权分置改革后我国股票市场财富效应研究

Wealth Effect of Share Market after Reform of Non-tradable Shares

股权分置改革相关会计处理探讨

Discussion on Accounting Process of Split Share Structure Reform

股权分置改革与公司治理结构的完善

The reform of stockholder 's rights division and the perfection of company governing

股权分置改革中的公司认股证定价探讨&以长电权证定价为例

On Warrant Pricing For Companies Undergoing Non-tradable Share Reform

股权分置改革是我国证券市场发展进程中一次重大制度性变革。

Shareholder Structure Reform is a major system-breakthrough of securities market in China .

股权分置改革下的企业整体上市新模式

New Model of the Overall Listing during the Reform of the Shareholder Structure