摘要
通过研究股票市场资金在不同行业板块之间流动的深层动因及运动轨迹发现,单纯用某一项反映上市公司经营业绩的财务指标不能很好地解释中国股市资金在板块间的流动特征,而板块DEA有效性值是决定资金在板块间流动的重要影响因素,并且随着时间的推移,其所起的作用越来越大。
Analyzing the immanent factors and the moving track of capital flow between industry blocks in the stock market, this article find out that it is hard to explain capital flow character in stock market of our country if we just depend on one piece of financial index reflecting listed company operating conditions. While the achievement validity of blocks has significant impacts on the capital flow between industry blocks, and it takes even more important role as time gone.
出处
《经济与管理》
2005年第9期72-75,共4页
Economy and Management
基金
青岛大学经济学院院长科研基金资助项目
关键词
资金流动
DEA模型
行业板块
capital flow
digital envelope analysis model
industry blocks
