1) First-day abnormal return
上市日异常回报率
1.
First-day abnormal return of IPO, which is also referred as Underpricing, is one of the ten mysteries in financial study.
首先,本文详细介绍了IPO相关制度和其折价发行原因的基本理论;其次,描述了我国近几年的IPO的审核、定价、发行相关的制度沿革;最后对我国的2006年6月以来的股票市场IPO进行了实证分析,发现了我国IPO在牛市环境下招股到上市之间的时间间隔越长,IPO的上市日异常回报率越大。
3) long-run abnormal returns
长期异常回报率
1.
The article analyses the method used by Chinese researcher in calculating and testing long-run abnormal returns(calculating long-run abnormal returns by market portfolio,testing by standard t test),point out its deficiency,gives new method to overcome it.
本文分析了中国学者在经验研究中采用的传统长期异常回报率计算和检测方法,即利用市场平均计算长期异常回报率,利用t检验检测的方法,指出了缺陷,介绍了新的长期异常回报率计算方法和检测方法,说明了改进的机理。
4) first day return
首日回报率
1.
One of the persistent features of the IPOs ( initial public offerings) market is that it is always with positive first day return which is usually called IPO underpricing for a newly issued share.
太高的IPO首日回报率给我国股票市场带来了一系列问题,IPO首日回报现象,逐渐成为我国学术界讨论的热点问题。
6) the first day return-back model
首日回报率模型
补充资料：上市
1.谓应时物品进入市场销售。 2.赴市场。
说明：补充资料仅用于学习参考，请勿用于其它任何用途。
参考词条