| 关于经营性现金流为IPO高抑价因素的实证研究 |
| |
| 引用本文： | 蒲毅.关于经营性现金流为IPO高抑价因素的实证研究[J].四川教育学院学报,2011,27(5):46-51. |
| |
| 作者姓名： | 蒲毅 |
| |
| 作者单位： | 电子科技大学,经济与管理学院,成都,610054 |
| |
| 摘 要： | 首次公开招股（IPO）抑价是普遍存在的现象,尤其是我国中小板市场IPO抑价现象相当严重。以股改之后IPO重启到2010年9月10日为止,在中小板上市的421家公司为样本,用它们上市最近一期的每股经营性现金流以及前两年的每股经营性现金流的增量为变量,通过回归分析发现IPO高抑价与经营性现金流有相关关系。
|
| 关 键 词： | IPO抑价 经营性现金流 线性回归 Logistic回归 |
An Empirical Research of Operating Cash Flow Being a Factor to High IPO Underpricing |
| |
| PU Yi.An Empirical Research of Operating Cash Flow Being a Factor to High IPO Underpricing[J].Journal of Sichuan College of Education,2011,27(5):46-51. |
| |
| Authors: | PU Yi |
| |
| Institution: | PU Yi(School of Management and Economics,University of Electronic Science and Technology of China,Chengdu 610054,China) |
| |
| Abstract: | IPO underpricing is a common phenomenon in the stock market,especially in China＇s small and medium-sized enterprises（SME）board.The paper based on the restart of IPOs after the split share structure reform to September 10th 2010 so far,the 421 companies in SME listed as samples,using their latest operating cash flow per share and the first two years of operating cash flow per share Increments for variables,finds out that the high IPO underpricing and operating cash flows are correlated by means of regression analysis. |
| |
| Keywords: | IPO underpricing operating cash flow linear regression Logistic regression |
| 本文献已被 CNKI 维普 万方数据 等数据库收录！ |
|
