THE RISK TRANSMISSION ANALYSIS OF ACCOUNTING AND PRICE INFORMATION BETWEEN THE INDUSTRY AND THE MARKET

摘要：

　　The risk of accounting or market information can spread in the economic system through certain medium and ultimately have important impacts on the industry, even on the whole economic system because of the increasingly close and complex economic relations or the global operation strategy.This paper analyzes the mutual impact of the quarterly rate of accounting return and market return among the basic industry and its upstream, downstream industries as well as its related industry.By this way, we can study risk spreading path, direction and the other interesting problems, then we give out some suggestions about the control of risk transmission.

关键词： Risk Risk transmission VAR model Impulse response

作者: Ying Zhao Zhiya Su Yongling Ye

作者单位: School of Economics and Management, Beihang University, Beijing 100191, China

会议类型: 国际会议

会议名称: The 12th International Conference on Industrial Management(第十二届工业管理国际会议)

会议地点: 成都

会议语种:英文

页码: 279-285

在线出版日期: 2014-09-03（万方平台首次上网日期，不代表论文的发表时间）