1、摘 要:许多关于股票的理论都集中在市场内部因素,基本面因素,政策因素上,那么影响股票价格因素在此基础上应进行详细划分,影响股票价格变动的因素很多,但基本上可分为以下九个方面:会计信息、经济周期、财政政策、利率变动、汇率变动、物价变动、通货膨胀、政治因素、人为操纵。会计信息披露是影响股价的最为直接的因素,投资者分析股票时应从会计信息入手,着重分析上市公司的会计数据,注意判断目前所处于经济周期的哪个位置,结合国家财政政策等其它几个方面对股票进行投资。文章从方法和实证上研究影响股票价格的因素。从这几个因素分析其对股票价格的影响,得出其内在的经济规律,对我国广大股民的影响是显著的。关键词:股票价格;会
2、计信息披露;利率变动;汇率变动;政策影响Abstract: Many stocks on the market theory has focused on the internal factors, the fundamentals, policy factors, the factors that affect stock prices here should be on the basis of a detailed breakdown, affecting the stock price movements of many factors, but can basically be di
3、vided into the following nine areas: accounting information, as JACKIE cycle, fiscal policy, changes in interest rates, exchange rate movements, price changes, inflation, political factors and artificially manipulated. Accounting information disclosure is the most direct impact on the price factor,
4、the analysis of stock investors should start from the accounting information, will focus on analyzing the accounting data of listed companies, to judge by the current economic cycle at which position, in line with the state fiscal policies and other aspects of the stock for investment. The article m
5、ethods and empirical research on the factors affecting stock prices. Several factors from this analysis of its impact on the stock price, reached its inherent economic laws, the impact of Chinas vast numbers of shareholders is significant. Keywords: stock price; Disclosure of accounting information; Changes in interest rates; Exchange rate fluctuations; Policy implications