摘要
股票市场是公司筹集资金的重要场所,可为公司的发展募集大量的资金。而股票价格的涨跌是影响投资者投资决策的重要因素。研究零售行业上市公司财务指标对其股票价格的影响,以2017年年报为依据,选择反映公司财务能力的六项指标,建立合理的回归模型。通过实证分析证明财务指标与股价间的相关关系,并得出结论:零售类公司的股票价格与其流动比率、资产负债率、每股净资产三个指标有关。最后分别从投资者的投资决策和零售业上市公司管理决策两个方面提出对策建议。
The stock market is an important place for the company to raise funds, which can raise a lot of funds for the development of the company. Moreover, the rise and fall of stock price is an important factor that affects investors’ investment decision. We will study the impact of financial indicators of listed companies in the retail industry on their stock prices. Based on the 2017 annual report, we will select six indicators that reflect the company’s financial capabilities and establish a reasonable regression model. The relationship between financial index and stock price is proved by empirical analysis, and the conclusion is drawn that the stock price of retail companies is related to its liquidity ratio, asset-liability ratio, and net assets per share. In the end, the author puts forward the countermeasures from the investment decision of investors and the management decision of listed companies in retail industry.
作者
肖常源
Xiao Changyuan(Hubei University of Economics, Wuhan 430205 Hubei)
出处
《黄冈职业技术学院学报》
2019年第4期122-125,共4页
Journal of Huanggang Polytechnic
关键词
财务指标
公司股价
实证分析
零售上市公司
Financial indicators
Company’s stock price
Empirical analysis
Retail listed company
