Is the Internal Capital Market Efficient?-Empirical Evidence from Chinese A-Shares Listed Companies

被引：0
|
作者：
Zhang, Bin [1 ]
机构：
[1] Yang Zhou Univ, Business Coll, Yang Zhou 225127, Peoples R China
来源：
PROCEEDINGS OF THE 2014 INTERNATIONAL CONFERENCE ON ECONOMIC MANAGEMENT AND TRADE COOPERATION | 2014年 / 107卷
关键词：
Internal capital market; Efficiency; Listed Companies; INEFFICIENT INVESTMENT;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper measure the efficiency of internal capital market according to the new model on the basis of the existing internal market efficiency model modification, The study found that A-shares listed Corporation internal capital market efficiency is effective overall and has the effect on the allocation of resources. The result has a guiding significance for understanding the Chinese capital market efficiency.
引用
收藏
页码：312 / 317
页数：6
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