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The level of corporate governance and stock price volatility correlation analysis

Author: LiuZuo
Tutor: ZhangXiaoNan
School: West China University
Course: Business management
Keywords: Listed Companies Corporate Governance Corporate Governance Evaluation System Correlation
CLC: F832.51
Type: Master's thesis
Year: 2011
Downloads: 116
Quote: 0
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Abstract


Since the 1990s , the rapid development of China's stock market , the stock market has become the majority of investors , especially minority investors, the most important investment channels. However, the rapid development of the stock market , while China's listed companies in corporate governance has exposed many problems, seriously hurt the interests of small investors . Listed Companies in China is increasingly subject to stock investors. However, the current level of corporate governance for listed stock market price volatility and the correlation between the research is almost empty , so this topic is worth for us to do further research . This thesis is based on the theory of corporate governance and stock market -related data, the level of corporate governance and stock market price volatility analysis of the correlation between , on the one hand expect to a certain extent, medium and small investors in investment decisions reference, on the other hand expectations by improving their governance of listed companies , and promote the healthy development of the stock market . This thesis analyzes the theoretical basis of corporate governance and corporate governance evaluation research status , based on the evaluation by comparing the domestic and international corporate governance system , select the appropriate actual situation of listed companies corporate governance evaluation system. Then , the paper manufacturing and retail , for example, select a sample of 60 stocks , according to 2007 data from these two industries , the use of economic statistical software governance of listed companies and the stock market price fluctuations in the correlation between Empirical Analysis . Structural Analysis showed that: the level of corporate governance between the stock market price fluctuations have a significant correlation , indicating the long term, the higher the level of corporate governance , the stock market price of the greater volatility of the forward .

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CLC: > Economic > Fiscal, monetary > Finance, banking > China's financial,banking > Financial market
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