Monetary Policys Effects on the Stock Returns between State-owned and Private Enterprises

摘要：

　　This article use interest rate changes as a representative of monetary policy, analyze its effects on stock returns in China.I find asymmetric effects between state-owned and private firms that received from interest rate changes.Due to the Chinese special ownership structure, state-owned firms suffer less impacts from monetary policy.

关键词： Monetary policy Stock returns SOEs

作者: Ye Jiao Zhao Yunpeng Cui Chuanjiang

作者单位: Faculty of Management and Economics, Dalian University of Technology, Dalian, China, 116024

会议类型: 国际会议

会议名称: the 8th (2016)International Conference on Financial Risk and Corporate Finance Management(第八届(2016)金融风险与公司金融国际研讨会)

会议地点: 大连

会议语种:英文

页码: 173-178

在线出版日期: 2016-07-03（万方平台首次上网日期，不代表论文的发表时间）