分析师关注对股价同步性的影响——基于新浪财经网分析师股票推荐数据  

Analysts' Impact on Stock Price Synchronicity——Based on Sina Financial Network analyst stock recommendation data

作　　者：齐艳平 段江娇[1] QI Yan-ping;DUAN Jiang-jiao(College of Management,University of Shanghai for Science and Technology,Shanghai 200093,China)

机构地区：[1]上海理工大学管理学院,上海200093

出　　处：《中国林业经济》2018年第2期84-87,92,共5页China Forestry Economics

基　　金：教育部人文社科规划基金上海理工大学重大科研计划项目匹配和科技发展项目(13YJAZH019)

摘　　要：证券分析师在股票市场中扮演何种角色,对股价同步性有什么影响一直是学者们研究的话题。结合市场态势,选取2015年新浪财经网分析师股票推荐数据,从分析师关注的角度来研究我国股价同步性的问题,研究发现分析师关注度高的公司股价同步性低于分析师关注度低的公司,研究结果表明分析师股票推荐有助于股价同步性降低,提高信息效率。It has been the subject of research by scholars that the role of securities analysts in the stock market and its impact on the stock price synchronicity.Based on the market trend,this paper selects the stock recommendation data of Sina-finance network in2015.From the perspective of analyst's attention,this paper studies the problem of Chinese stock price synchronicity.The study finds that stock price synchronicity of the companies with a high profile of analysts are under those with less attention.The result of the research shows that analysts'stock recommendation can help to reduce the synchronization of stock price and improve the efficiency of information.

关 键 词：股价同步性 分析师关注 信息效率 股票推荐 

分 类 号：F830.9[经济管理—金融学]