Monetary Policy's Effects on the Stock Returns between State-owned and Private Enterprises

被引：0

作者：

Ye Jiao ^{[1
]}

Zhao Yunpeng ^{[1
]}

Cui Chuanjiang ^{[1
]}

机构：

[1] Dalian Univ Technol, Fac Econ & Management, Dalian 116024, Peoples R China

来源：

PROCEEDINGS OF THE 8TH (2016) INTERNATIONAL CONFERENCE ON FINANCIAL RISK AND CORPORATE FINANCE MANAGEMENT | 2016年

关键词：

Monetary policy; Stock returns; SOEs;

D O I：

暂无

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This article use interest rate changes as a representative of monetary policy, analyze its effects on stock returns in China. I find asymmetric effects between state-owned and private firms that received from interest rate changes. Due to the Chinese special ownership structure, state-owned firms suffer less impacts from monetary policy.

引用

页码：173 / 178

页数：6

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