我国房地产上市公司股价波动的影响因素研究.doc

经典专科、本科、硕博、研究生、期刊毕业论文 仅供参考 精心整理 仅供参考 勿用作商业用途 我国房地产上市公司股价波动的影响因素研究 摘 要 作为我国市场经济组成体系的重要部分，股票市场在一定程度上反映了国家经济的发展状况，股价波动折射着国民经济的波动。随着政府一系列调控政策的出台，目前，我国房地产行业发展平稳，但是房地产上市公司的股票在股市上的发展却不尽如人意，其影响是多方面的。 本文采集近年的相关数据，研究我国房地产上市公司股票价格波动现象，从宏观角度与微观角度探究影响房地产上市公司股票价格波动的因素，如宏观上的经济因素及经济政策因素，微观上的行业因素及公司因素，发现了房地产上市公司股价的波动具有一定的随机性、周期性和心理性，证明房地产上市公司股价的波动不仅受到经济周期、通货变动以及国际贸易收支等宏观经济因素的影响，更明显地受到国家财政政策和货币政策等宏观调控的影响，而且市场因素、行业因素和公司自身因素对股价波动的影响也不容忽视。最后提出，为了抑制房地产上市公司股价过度波动，建议国家合理使用财政政策和货币政策进行宏观调控，同时要建立房地产行业协会，传递准确消息，正确引导股民，还要调整公司本身，使房地产市场机制更加完善，努力促进房地产公司股票价格的稳定，保障投资者的利益，更好地为国家经济发展服务。 关键词：房地产公司； 上市公司； 股票价格； 价格波动； 影响因素 ABSTRACT an important part of Chinas market economy, the stock market reflects the development of the national economy to a certain extent. With the introduction of a series of government regulation policies, at present, Chinas real estate industry has developed smoothly, but the real estate listed companies in the stock market development is not satisfactory, the impact is multifaceted. This paper collected the relevant data in recent years, the research of Chinas real estate listed companies stock price fluctuation, explore the influencing factors of real estate listed companies stock price volatility from a macro perspective and micro perspective, such as macro economic factors and economic policy factors, industry factors and micro factors on the company, found the real estate listed the companys stock price volatility is stochastic, periodic and psychological, proof of real estate stock price volatility is not only influenced by the economic cycle, inflation and international trade balance and other macroeconomic factors, more significantly affected by national fiscal policy and monetary policy of macro-control, and the impact of market factors, industry the companys own factors and factors on stock price volatility can not be ignored. Finally, in order to suppress the real estate stock price volatility, suggestions for the rational use of the national fiscal policy and monet