摘要
公司市场价值是其内在价值的外在表现。行为金融理论从主观因素对许多金融市场异象的解释,特别是从投资者的心理偏差和行为偏差对公司市场价值影响的研究,使对股价波动性的原因分析更为全面。本文分析了影响公司市场价值的主观因素,认为将主客观因素综合分析才能全面把握公司市场价值的变动。
The company＇ s value is the manifestation of its inner value and external value. The explanation on the finance market anoma- lies given by Behavioral Finance Theory based on subjective elements, especially the study based on investor＇ s psychological deviation and behavioral deviation make it possible to explain the stock price fluctuation more completely. This article analyzed the subjective elements which influence the company＇ s market value, and conclude that comprehensive analyzes based on subjective and objective element shows a comprehensive way to understand the companies market value fluctuation.
出处
《经济管理》
CSSCI
北大核心
2008年第1期81-84,共4页
Business and Management Journal ( BMJ )
关键词
公司市场价值
行为金融
影响因素
company＇ s market value
behavioral finance
influence elements
