By the method of case study , we test whether chinese stock market overreacts on the basis of recent discoveries as well as the data of stock market trading in csmar 本文在國(guó)內(nèi)外相關(guān)研究成果的基礎(chǔ)上,采用事件研究法,利用中國(guó)股票市場(chǎng)交易數(shù)據(jù)庫( csmar )檢驗(yàn)了中國(guó)股票市場(chǎng)是否存在過度反應(yīng)現(xiàn)象。
Secondly , on economic perspectives , this study explored the determinants of executive ’ s compensation . this empirical study on the determinants of executive compensation of chinese listed firms . the empirical study was conducted among samples of 4430 listed companies from 1999 to 2003 in china compiled from csmar database 為了加深對(duì)高管薪酬決定因素的理解,這一部分我們選取了中國(guó)深滬兩市1999年到2003年4430家上市公司樣本進(jìn)行實(shí)證研究,確定了中國(guó)上市公司高管薪酬的主要決定因素。