摘要在资本市场上，存在着大量的投资者，他们在对投资的股票或者证券进行选择时，往往需要利用已有的财务信息。研究表明，在这些财务信息当中，投资者们最常使用并且最为重要的信息是财务会计报告当中披露的会计盈利信息。因此，我们希望能够研究分析出企业的盈利信息是否能反映出股票价格，来得出这两者之间的关系，帮助投资者和企业能够利用此结论达到双方各自的目的。本文以我国上市公司的财务会计报告为基础，以其中披露的会计信息为分析样本，采用实证研究的方法，对我国上市企业的财务会计报告当中披露的会计盈利信息进行统计分析，从而对企业盈利状况和股价波动两者的关系进行探讨。通过一系列研究，我们得出了我国上市公司盈利状况与股票价格变动是呈正相关关系的。同时，本文还对我国上市公司今后的盈利管理提出了相关建议，另一方面，也对投资者进行投资决策时提出了相关的建议。83680

毕业论文关键词  上市公司  股价变动  盈利状况  实证研究

毕 业 论 文 外 文 摘 要

Title    An Analysis of Relationship between Accounting Earnings and Stock Price of Listed Companies   

Abstract In the capital markets, there exist many investors。 When choosing the stocks or bonds, they usually need to use existing information to help themselves to do the right thing。 Many researches show that, among the existing information, investors always want to use the accounting earnings information and those information is the most important。 Therefore, we want to study about whether accounting earnings information can reflect the price of stock。 Then we could know the relationship between those two factors, and we can help investors and managers take advantage of this relationship to reach each other's aim。 The financial and accounting reports of listed companies in China are the foundation of this article, and the accounting information is the sample of this article。 The thesis analyze accounting earnings information disclosed in the financial and accounting reports of listed companies in China through the methods of empirical research, and then, analyze the relationship between accounting earnings and stock price movements。 Through this research, the result shows that there is positive relationship between accounting earnings and stock price movements。 At the same time, this article can give some advice to the manager about earnings, and can give some suggestions to the investors when they make investment decisions。

Keywords  Listed companies  Stock Price changes  Accounting earnings  Empirical Research

目   次

1  绪论 1

1。1  研究背景 1

1。2  研究意义 2

1。3  研究思路 2

2  相关理论及文献综述 4

2。1  相关理论 4

2。2  文献综述 6

3  研究设计 8

3。1  提出假设 8

3。2  数据来源 8

3。3  指标选取 9

3。4  模型设计 11

4  实证研究 12

4。1  盈利指标描述性分析 12

4。2  相关性分析 13