The Relationship between Share Price Gains, Corporate Performance and Risk
Author(s)
Yujuan Zhao*
ABSTRACT
In this paper, we have tested the
relationship between the stock returns, corporate performance and investment
risks with the sample of listed companies in the agricultural, construction and
financial industries in the A-share stock market. Descriptive statistical
analysis, correlation test and regression analysis indicate that there is no
relationship between stock returns and corporate performance, but there exists
a positive correlation between the stock returns and investment risks in the
construction and financial industries.
Cite this paper
Y. Zhao, "The Relationship between Share Price Gains, Corporate Performance and Risk," iBusiness, Vol. 5 No. 3, 2013, pp. 110-112. doi: 10.4236/ib.2013.53B023.
Y. Zhao, "The Relationship between Share Price Gains, Corporate Performance and Risk," iBusiness, Vol. 5 No. 3, 2013, pp. 110-112. doi: 10.4236/ib.2013.53B023.
References
[1] C. Clubb and M. Naffi, “The Usefulness of Book-to- Market and ROE Expectations for Explaining UK Stock Returns,” Journal of Business Finance and Accounting, Vol. 32, 2007, pp. 1050-1052. [2] S. Futie, Share Price of Listed Companies Earnings and Return on Equity Research on the Relationship between the Risk of [c]. The Financial Management Annual Meeting Proceedings of the Chambers, 2009. [3] Q. W. Dai, “Analysis of Factors Affecting the Yield on Shares of Listed Companies in China,” Corporate Governance, Vol. 4, 2012, pp. 114-116. [4] Y. Y. Yan and J. Hu, Stock Price Analysis-associated with the Performance of Listed Companies on China's Stock Market,” Systems Engineering, Vol. 24, 2006, pp. 63-69. [5] C. L. Wang and H. W. Li, Stock Price Impact on the Performance of Listed Companies,” Research on Financial and Economic Issues, 2009, No. 5, 56-66.
[1] C. Clubb and M. Naffi, “The Usefulness of Book-to- Market and ROE Expectations for Explaining UK Stock Returns,” Journal of Business Finance and Accounting, Vol. 32, 2007, pp. 1050-1052. [2] S. Futie, Share Price of Listed Companies Earnings and Return on Equity Research on the Relationship between the Risk of [c]. The Financial Management Annual Meeting Proceedings of the Chambers, 2009. [3] Q. W. Dai, “Analysis of Factors Affecting the Yield on Shares of Listed Companies in China,” Corporate Governance, Vol. 4, 2012, pp. 114-116. [4] Y. Y. Yan and J. Hu, Stock Price Analysis-associated with the Performance of Listed Companies on China's Stock Market,” Systems Engineering, Vol. 24, 2006, pp. 63-69. [5] C. L. Wang and H. W. Li, Stock Price Impact on the Performance of Listed Companies,” Research on Financial and Economic Issues, 2009, No. 5, 56-66.