大股东行为及溢价的理论模型 ---- 徐玉红(苏州大学)
发布时间: 2021-09-24 浏览次数: 10

报告题目大股东行为及溢价的理论模型

 

报告人:徐玉红

 

报告摘要


    A theoretical model is developed to study investors'trading behaviour in the presence of large shareholders' influence on a firm'sequity performance. We show that, for a good stock,large shareholders may invest higher proportion of their wealth into the firmthan small investors, and smart small investors may invest more heavily thanthose naive small investors. Insight is also cast into the impacts of board structure on firm's equity whenthe firm is with several large influential shareholders: (i)the large shareholders collude in trading, and each tends to invest moreaggressively in the companion of other large shareholders, and (ii) firmswith sole ownership can outperform those with dispersed ownerships, would theimpact coefficient of the former case exceed orcoincide with the aggregated impact coefficients of the latter.


报告人简介:

       

    徐玉红,副研究员,2013年毕业于山东大学,师从彭实戈院士。先后访问法国布雷斯特大学(博士后)、新加坡国立大学(研究员)、香港大学等学校。长期从事量化金融方面的研究,研究结果在《Mathematical Finance》、《Management Science》、《Quantatitive Finance》等杂志发表。现任中国运筹学会金融工程与风险管理分会常务理事、中国优选法统筹法与经济数学研究会量化金融与保险分会理事、中国工业与应用数学协会金融工程分会青年组委员、国家风险管理协同创新中心成员、金融数学与数据处理年会程序委员


报告时间:2021/09/29 10:00


报告地点

腾讯线上会议链接:

https://meeting.tencent.com/dm/YL7CVA7n7VcH

会议 ID:359 869 005

手机一键拨号入会

+8675536550000,,359869005# (中国大陆)

+85230018898,,,2,359869005# (中国香港)




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