基于股权二元结构的上市公司简单多期增发动态分析  

Dynamic Analysis of Listed Company Multi-Period SEO: Based on the Configuration of Binary Stock Equity

作　　者：傅强[1] 邹晓峰[1] 

机构地区：[1]重庆大学经济与工商管理学院,重庆400044

出　　处：《吉林大学社会科学学报》2006年第2期80-84,共5页Jilin University Journal Social Sciences Edition

摘　　要：动态性是长期再融资的关键性问题。为此,我们采用除权价格思想及简单差分方程,分析给出了多期增发动态性特征:净值与股价之间有逼近值;前期增发价格对后期的正效应;增发总量是一种公司融资资源等方面;简单多期增发净值与股价具有明显的顺序性。The dynamic characteristics are the key issue of long-run refinancing. And so the dynamic characteristics of multi-period SEO （seasoned equity offering） are analyzed though the theory of subtraction price and simple difference equation： the same approaching value of net value and stock price, the positive effect of prophase SEO value to upper one, and SEO gross as a company financing resource, net value and stock price of SEO have the character of distinct subsequence.

关 键 词：股权二元结构 多期增发 动态特征 

分 类 号：F224[经济管理—国民经济]