摘要
本文分析了股改对公众投资者利益的影响和影响因素,结果发现,股改使得现有公众投资者股权价值也得到了较大提高,但公司业绩没有发生明显变化;在所有因素中股改后股权结构的变化和市场流通情况是影响现有公众投资者利益变化的主要因素,从而说明关注股权结构和市场流通能保护现有公众投资者的利益。
This paper analyzes affection and factors of public investor＇s benefit from the reform of equity separation for example 45 companies. Finally, it is discovered that because of the reform of equity separation, public investor＇s equity value raise up, but company profit doesn＇t change. After the reform of equity separation, the change of equity construct and circulation of stock market are the primary factors from influencing existing public investor＇ s benefit, therefore it is proved that paying attention to the change of equity construct and circulation of stock market can protect existing public investor＇s benefit.
出处
《技术经济》
2007年第1期48-52,共5页
Journal of Technology Economics
关键词
股权分置改革
公众投资者
影响
reform of equity separation
public investor
affection
