摘要
通过考察证券市场规模明显扩大后上市公司对市场的敏感性,发现公司对市场的反应从统计上并不显著。但增加后上市公司的样本后,回归结果显示对市场的敏感性有所增强。这说明证券市场在改善公司的外部融资环境方面还需加强。
The listed sample firms don抰 react to the stock market more significantly sensitively after the scale of China抯 stock market has become bigger than ever .By adding the number of sample firms, the regression outcome shows that the sensitivity increases a little .It demonstrates the stock market should enhance its function of bettering the listed firm抯 financial environment .
出处
《武汉科技学院学报》
2003年第1期92-95,共4页
Journal of Wuhan Institute of Science and Technology
