| アイテムタイプ |
紀要論文 / Departmental Bulletin Paper(1) |
| 公開日 |
2026-01-08 |
| タイトル |
|
|
タイトル |
A Study on the Impact of Policies on the Hydrogen Energy Industry in China on the Stock Prices of Hydrogen Energy Listed Companies |
|
言語 |
en |
| 言語 |
|
|
言語 |
eng |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
Hydrogen energy industrial |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
Policy events |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
Stock price volatility |
| キーワード |
|
|
言語 |
en |
|
主題Scheme |
Other |
|
主題 |
Event study |
| 資源タイプ |
|
|
資源タイプ識別子 |
http://purl.org/coar/resource_type/c_6501 |
|
資源タイプ |
departmental bulletin paper |
| 著者 |
Duan, Qiujie
Liu, Yifei
Tong, Zhichao
Xu, Yang
|
| 抄録 |
|
|
内容記述タイプ |
Abstract |
|
内容記述 |
In recent years, advancements in scientific and technological innovation, along with continuous product upgrades in the hydrogen energy industry, have facilitated its maturation and expanded its applications across various sectors, including transportation, chemical manufacturing, and energy. The development of the hydrogen energy industry plays a critical role in promoting sustainable economic growth and addressing global energy challenges. This study examines the impact of hydrogen industry policy events on the stock prices of listed companies. Grounded in signaling theory, we employ the event study methodology to analyze the effects of five major hydrogen industry policies implemented by the Chinese government between January 1, 2019, and December 31, 2024. Using a sample of 50 representative publicly traded companies, our findings indicate that: (1) hydrogen energy industry policies exert a short-term influence on the stock prices of listed hydrogen energy firms; (2) different types of policy events generate varying degrees of stock price volatility; and (3) positive policy events are positively correlated with short-term stock price performance. This paper contributes to the finance literature by extending the application of the event study methodology to the hydrogen energy sector, providing empirical evidence on the relationship between industrial policy announcements and stock market reactions. The findings offer valuable insights for policymakers, investors, and industry stakeholders, supporting the development of China's hydrogen economy and informing policy design in other markets, including Japan. |
|
言語 |
en |
| 内容記述 |
|
|
内容記述タイプ |
Other |
|
内容記述 |
島田章准教授定年退職記念号 |
|
言語 |
ja |
| 内容記述 |
|
|
内容記述タイプ |
Other |
|
内容記述 |
In Honour of Associate Prof. Akira Shimada |
|
言語 |
en |
| 書誌情報 |
ja : 経営と経済
en : Journal of Business and Economics
巻 105,
号 3,
p. 19-52,
発行日 2025-12-25
|
| ISSN |
|
|
収録物識別子タイプ |
ISSN |
|
収録物識別子 |
02869101 |
| 書誌レコードID |
|
|
収録物識別子タイプ |
NCID |
|
収録物識別子 |
AN00069150 |
| 著者版フラグ |
|
|
出版タイプ |
VoR |
|
出版タイプResource |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| 出版者 |
|
|
出版者 |
長崎大学経済学会 |
|
言語 |
ja |
| 出版社別言語 |
|
|
言語 |
en |
|
値 |
Economics Society of Nagasaki University |
| sortkey |
|
|
値 |
03 |
| 引用 |
|
|
内容記述タイプ |
Other |
|
内容記述 |
経営と経済, 105(3), pp.19-52; 2025 |
|
言語 |
ja |
Keizai105_3_19.pdf (266 KB)
