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论我国公司的非有效投资

Discuss on inefficient investment of our country's company
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摘要 文章结合传统经济理论与行为金融理论,分析了信息非对称、市场非有效、经理人的非理性对公司投资的影响,认为这些因素导致了公司运行中的代理成本和行为成本,从而导致公司投资的非有效. This paper incorporates the traditional economic theory with the behavioral finance theory, analyses the effect of information asymmetry?inefficient market?irrational manager on corporate investment. These factors cause agent cost and behavior cost in corporate, leading to the inefficient investment.
作者 饶育蕾 陈炳华 RAO Yu-lei,CHEN Bing-hua(Business School,Central South University,Changsha,Hunan 410083,China)
机构地区 中南大学商学院
出处 《企业技术开发》 2004年第10期 43-45,共3页 Technological Development of Enterprise
关键词 投资 信息非对称 行为金融 investment information asymmetry behavioral finance
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