会计信息对上海证券市场股票价格影响作用的实证分析

股票价格的变动受多种因素的影响,其中会计信息对股票价格的影响显得尤为重要。会计信息是股票市场信息的主要来源,是影响股票价格的直接因素。因此通过对深沪股市股票价格与会计信息的实证分析,能进一步明确不同会计信息对股票价格的影响程度,及二者之间的关系,从而为投资者在投资时使用财务数据提供理论依据。

A Positive Analysis on the Relationship Between Stock Price of Shanghai Market and Company Financial Report

A company's financial report, one of the most important elements influencing stock price frequently, is the main point that influence the stock directly. The paper analyzes different extents each accounting target gives to the stock price. It then draws a conclusion that investors should pay attention to some accounting target such as Earnings per Share (EPS) when they intend to invest or to buy stocks.