Is the Internal Capital Market Efficiency ——Empirical Evidence from Chinese a Shares Listed Companies
Authors
Zhang Bin
Corresponding Author
Zhang Bin
Available Online April 2014.
- DOI
- 10.2991/emtc-14.2014.53How to use a DOI?
- Keywords
- Internal capital market, Efficiency, Listed Companies
- Abstract
This paper measure the efficiency of internal capital market according to the new model on the basis of the existing internal market efficiency model modification,The study found that A- shares listed Corporation internal capital market efficiency is effective overall and has the effect on the allocation of resources. The result has a guiding significance for understanding the Chinese capital market efficiency.
- Copyright
- © 2014, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Zhang Bin PY - 2014/04 DA - 2014/04 TI - Is the Internal Capital Market Efficiency ——Empirical Evidence from Chinese a Shares Listed Companies BT - Proceedings of the 2014 International Conference on Economic Management and Trade Cooperation PB - Atlantis Press SP - 312 EP - 317 SN - 1951-6851 UR - https://doi.org/10.2991/emtc-14.2014.53 DO - 10.2991/emtc-14.2014.53 ID - Bin2014/04 ER -