上市公司“高送转”行为对股票收益率影响的实证分析-金融专业论文.docxVIP

万方数据 万方数据 目 录 1 绪论 ·······························································································1 1.1 选题背景 ·················································································1 1.2 本文的研究目的及意义 ·······························································1 1.3 内容与结构框架 ········································································2 1.4 本文创新与不足 ········································································3 2 相关理论回顾及文献综述····································································4 2.1 股利的相关概念 ········································································4 2.1.1 股利 ················································································4 2.1.2 送转股·············································································5 2.1.3 送转股的异同及与配股的区别 ··············································5 2.1.4 高送转的界定····································································6 2.2 股利理论研究回顾 ·····································································6 2.2.1 传统股利理论研究······························································6 2.2.2 现代股利理论研究······························································8 2.3 国内外股利政策的实证研究现状 ················································· 11 2.3.1 国外股利政策的实证研究现状 ············································ 11 2.3.2 国内股利政策的实证研究现状 ············································ 13 3 高送转公布的市场反应····································································· 17 3.1 研究方法 ··············································································· 17 3.2 样本数据筛选与处理 ································································ 18 3.2.1 数据筛选········································································ 18 3.2.2 数据处理········································································ 19 3.3 实证结果与分析 ······································································ 19 3.3.1 高送转股利政策的超额收益 ··············································