财务管理论文范文怎么写？财务管理论文是一门研究财务会计、管理会计、公司金融、资本市场一门学科。本文为大家提供了5篇关于财务管理方面的论文范文，供大家写作参考。
短期并购绩效的国内外研究列表
财务管理论文范文一：信息质量、代理冲突和股票流动性————中国市场资本成本形成因素的分析
本文全面研究了中国上市公司资本成本的不同影响因素,旨在分析影响资本成本形成的不同因素如何交互作用以及这些交互作用的形成机理。信息质量(用来衡量企业目前和未来经营的不确定性)被视为资本成本的主要决定因素,并且这篇文章分析了信息风险在中国资本市场是否是可分散的。除此之外,本研究提出假设并验证了股票流动性和流动性风险(股票回报的软肋是无法预期整体市场流动性的变化)在决定必要回报中的作用,研究得出结论,股票的流动性和流动风险也是信息质量对必要回报的潜在调节变量。
摘要
1. Introduction
1.1 Background of the study
1.2 Motivation and objectives of the study
1.3 Contribution and significance of the study
1.4 An overview of Chinese capital market
1.4.1 Development and structure of Chinese capital market
1.4.2 Investors and market characteristics
1.4.3 Agency conflict and information environment in China
1.5 Why China as a study setting
1.6 Manuscript structure
2. Theoretic backdrop and the core concepts
2.1 Information quality/risk
2.2 Liquidity
2.2.1 Stock Liquidity
2.2.2 Liquidity risk
2.3 Agency conflict
2.3.1 Principal-Agent agency conflict
2.3.2 Principal-Principal agency conflict
2.4 Theories of disclosure
2.4.1 Positive accounting theory
2.4.2 Opportunistic versus efficiency perspective of disclosure
2.4.3 Theory of full disclosure
2.4.4 General theory of voluntary disclosure
2.4.5 The information and agency framework of disclosure
3. Literature review and hypotheses development
3.1 Information quality/risk and the cost of capital
3.2 Information quality, stock liquidity/liquidity risk, and required returns
3.3 Principal-principal agency conflict, information quality,and the cost of capital
3.4 Integrated conceptual framework
4. Research design
4.1 Sample and data
4.2 Defining/measuring some major variables
4.2.1 Measuring information quality
4.2.2 Measuring the cost of capital
4.2.3 Measuring the stock liquidity
4.2.4 Measuring the liquidity risk factor
4.2.5 Measuring principal-principal agency conflict
4.3 Modeling information quality/risk and the cost of capital
4.3.1 Testing hypothesis 1
4.3.2 Testing hypothesis 2
4.3.3 Testing hypothesis 3
4.4 Modeling information quality, liquidity, and required returns
4.4.1 Testing hypotheses 4&5
4.4.2 Testing hypotheses 6&7
4.5 Modeling P-P agency conflict, information quality, and cost of capital
4.5.1 Testing hypothesis 8
4.5.2 Testing hypothesis 9&10
4.6 Controlling for state ownership
5. Results and analyses
5.1 H1:Information quality and the cost of capital
5.1.1 Summary Statistics
5.1.2 Accruals quality and cost of capital
5.2 H2: information quality and future stock returns
5.3 H3: Market pricing of information risk
5.4 H4&H5:information quality, stock liquidity, and returns
5.4.1 Descriptive statistics and correlation analysis
5.4.2 Information quality, stock liquidity, and excess returns
5.5 H6&H7: information quality, liquidity risk, and return
5.5.1 Descriptive statistics: liquidity risk analysis
5.5.2 Market pricing of liquidity risk
