title: ÐÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ðµ ÑÑÑÐµÐºÑÐ¸Ð²Ð½Ð¾ÑÑÐ¸ ÑÑÐ½ÐºÐ° ÐºÐ¾ÑÐ¿Ð¾ÑÐ°ÑÐ¸Ð²Ð½ÑÑ Ð¾Ð±Ð»Ð¸Ð³Ð°ÑÐ¸Ð¹ ÐÐ¸ÑÐ°Ñ
title: Ð²ÑÐ¿ÑÑÐºÐ½Ð°Ñ ÐºÐ²Ð°Ð»Ð¸ÑÐ¸ÐºÐ°ÑÐ¸Ð¾Ð½Ð½Ð°Ñ ÑÐ°Ð±Ð¾ÑÐ° Ð¼Ð°Ð³Ð¸ÑÑÑÐ°
titleType: Subtitle
title: Research of China corporate bond smarket efficiency
Creators: name: ÐÐ°Ð½ ÐÐ¸Ð½ÑÐ·Ð¸
Publisher: name: Ð¡Ð°Ð½ÐºÑ-ÐÐµÑÐµÑÐ±ÑÑÐ³ÑÐºÐ¸Ð¹ Ð¿Ð¾Ð»Ð¸ÑÐµÑÐ½Ð¸ÑÐµÑÐºÐ¸Ð¹ ÑÐ½Ð¸Ð²ÐµÑÑÐ¸ÑÐµÑ ÐÐµÑÑÐ° ÐÐµÐ»Ð¸ÐºÐ¾Ð³Ð¾
Year: 2020
Subjects: ÐºÐ¾ÑÐ¿Ð¾ÑÐ°ÑÐ¸Ð²Ð½ÑÐµ Ð¾Ð±Ð»Ð¸Ð³Ð°ÑÐ¸Ð¸
ÑÑÑÐµÐºÑÐ¸Ð²Ð½Ð¾ÑÑÑ ÑÑÐ½ÐºÐ°
Ð¼Ð¾Ð´ÐµÐ»Ñ ÑÐ»ÑÑÐ°Ð¹Ð½Ð¾Ð³Ð¾ Ð±Ð»ÑÐ¶Ð´Ð°Ð½Ð¸Ñ
corporate bonds
market efficiency
random walk model

description: Ð¢ÐµÐ¼Ð° Ð²ÑÐ¿ÑÑÐºÐ½Ð¾Ð¹ ÐºÐ²Ð°Ð»Ð¸ÑÐ¸ÐºÐ°ÑÐ¸Ð¾Ð½Ð½Ð¾Ð¹ ÑÐ°Ð±Ð¾ÑÑ: Â«ÐÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ðµ ÑÑÑÐµÐºÑÐ¸Ð²Ð½Ð¾ÑÑÐ¸ ÑÑÐ½ÐºÐ° ÐºÐ¾ÑÐ¿Ð¾ÑÐ°ÑÐ¸Ð²Ð½ÑÑ Ð¾Ð±Ð»Ð¸Ð³Ð°ÑÐ¸Ð¹ ÐÐ¸ÑÐ°ÑÂ».
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description: Theme of the final qualification work: Â«A study of the effectiveness of the Chinese corporate bond marketÂ».
This article describes the level of efficiency of the corporate bond market in terms of empirical analysis of market data, which will help financial regulators to effectively understand the functioning and improvement of the market in order to formulate more realistic and targeted rules and policies.
Tasks that were solved during the study: 
From the point of view of qualitative analysis, summarize the history of development and the development status of the Chinese corporate bond market. Using a statistical description, qualitatively analyze the current state of its effectiveness in terms of the depth and breadth of the corporate bond market.
 In terms of quantitative analysis, based on 790 daily data on closing prices and 166 weekly data on closing prices and the rate of return of the Shanghai Stock Exchange Corporate Bonds Index, based on three levels of the random walk model, the sequential correlation test, For analyzing daily / weekly time series of corporate bonds, three methods are used to check the run and check the dispersion coefficient.
Of the three aspects of corporate bond market mechanism, disclosure system and investor behavior, make recommendations on policies to improve China 's corporate bond market efficiency.