:::

詳目顯示

回上一頁
題名:我國上市公司高階主管異動宣告對股價報酬的影響
書刊名:臺灣銀行季刊
作者:林少龍謝安田林佳陽
出版日期:2003
卷期:54:1
頁次:頁150-170
主題關鍵詞:主管異動股價
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(0) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:0
  • 共同引用共同引用:7
  • 點閱點閱:3
本研究目的在釐清公司高階主管異動宣告與股價報酬兩者間的關係。蒐集民國86年1月至民國91年2月,共計4年2 個月的公司高階主管異動宣告事件為樣本,並以事件研究法從事實證分析。研究結果發現公司在宣告高階主管異動時,則其股價將會產生負面的異常報酬;並且發現經營績效不同、負債比率不同以及規模不同的公司,在宣告高階主管異動時,則其股價將會產生不同的異常報酬。本研究並對研究結果在理論與實務上的涵意加以討論。
期刊論文
1.Banker, R. D.、Das, S.、Dater, S. M.(1993)。Complementary of prior accounting information: The case of stock dividend announcement。The Accounting Review,68(1),28-47。  new window
2.Allen, M. P.、Panian, S. K.(1982)。Power, Performance and Succession in the Large Corporation。Science Quarterly,27(4),538-547。  new window
3.Harrison, J. R.、Torres, D. L.、Kukalis, S.(1988)。The Changing of the Guard: Turnover and Structural Change in the Top Management Positions。Administrative Science Quarterly,33(2),211-232。  new window
4.Warner, Jerold B.、Watts, Ross L.、Wruck, Karen H.(1988)。Stock Prices and Top Management Changes。Journal of Financial Economics,20(1),461-492。  new window
5.Weisbach, Michael S.(1988)。Outsider Directors and CEO Turnover。Journal of Financial Economics,20(1/2),431-460。  new window
6.Boehmer, Ekkehart、Musumeci, Jim、Poulsen, Annette B.(1991)。Event-study methodology under conditions of event-induced variance。Journal of Financial Economics,30(2),253-272。  new window
7.Beaver, W. H.(1968)。The Information content of annual earnings announcements。Journal of Accounting Research,6(3),67-92。  new window
8.Ahraham, R.、Saring, O. H.(1991)。Financial signal ling by committing to cash outflow。Journal of Financial and Quantitative Analysis,49(3),165-180。  new window
9.Allen, F.、Faulhaber, G. R.(1989)。Signal ling by underpricing in The IPO market。Journal of Financial Economics,23(4),303-323。  new window
10.(1981)。The CEO factor。Financial World,150(4),18-23。  new window
11.Duggal, R.、Cudd, M.(1993)。Successful antitakeover defenses, top management turnover and stock prices。Managerial and Decision Economics,14(6),509-518。  new window
12.Denis, D. J.、Denis, D. K.、Sarin, A.(1994)。The information content of dividend changes: Cash flow signalling, overinvestment, and dividends clienteles。Journal of Financial and Quantitative Analysis,29(4),567-587。  new window
13.King, B. F.(1966)。Markets and industry factors in stock price behavior。Journal of Business,39(4),139-190。  new window
14.Grossman, S.(1981)。An introduction to The Theory of rational expectation under asymmetric information。Review of Economic,23(1),143-162。  new window
15.Glazer, J.、Ronen, I.(1987)。Managerial incentives and financial signal ling in product market competition。International Journal of Industrial Organization,8(2),271-280。  new window
16.Newman, H.(1998)。Cross-sectional differences in corporate compensation structures。Journal of Managerial Issues,10(2),223-240。  new window
17.Myers, S. C.、Majluf, N. S.(1984)。Corporate finacing and investment decision when firm have information that investor do not have。Journal of Finance Economics,5(4),147-175。  new window
18.Leland, H.、Pyle, D. H.(1977)。Information asymmetric financial structure and financial intermediation。Journal of Finance,32(4),371-388。  new window
19.Mauereen, M.、Dravid, A.(1990)。Stock dividends, stock splits, and signaling。The Journal of Finance,45(3),857-879。  new window
20.Spence, M. A.(1973)。Job market signalling。Quarterly, Journal of Economics,87(4),355-379。  new window
21.Roth, G.(1999)。Insider trading, equity issues, and CEO turnover in firm subject to securities class action。Financial Management,28(4),52-72。  new window
22.Puffer, S.、Weintrop, J.(1991)。Corporate performance and CEO turnover: The role of performance expectations。Administrative Science Quarterly,36(4),1-19。  new window
23.Poitevin, M.(1990)。Strategic financial signalling。International Journal of Industrial Organization,8(4),499-518。  new window
24.Pettit, Richardson R.(1972)。Dividend announcements, security performance, and capital market efficiency。Journal of Finance,27(5),993-1007。  new window
25.Bollerslev, Tim(1986)。Generalized Autoregressive Conditional Heteroskedasticity。Journal of Econometrics,31(3),307-327。  new window
26.Denis, David J.、Denis, Diane K.、Sarin, Atulya(1997)。Agency Problems, Equity Ownership, and Corporate Diversification。The Journal of Finance,52(1),135-160。  new window
27.Ross, Stephen A.(1976)。The Arbitrage Theory of Capital Asset Pricing。Journal of Economic Theory,13(3),341-360。  new window
28.Engle, Robert F.(1982)。Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation。Econometrica,50(4),987-1008。  new window
學位論文
1.蘇志文(2000)。初次股利宣告對股票報酬率之影響---以臺灣電子產業為例(碩士論文)。國立臺北大學。  延伸查詢new window
2.簡秀薇(1998)。股權結構與購併宣告對股價之影響(碩士論文)。淡江大學,臺北。  延伸查詢new window
3.李釗芹(2000)。臺灣上市公司自行宣告盈餘資訊內涵之研究(碩士論文)。東海大學。  延伸查詢new window
4.程銀宗(2000)。資本支出宣告之市場反應影響因素探討(碩士論文)。國立中正大學。  延伸查詢new window
5.藍紹文(1999)。國內基金經理人人格特質,操作策略與績效的相關性研究(碩士論文)。國立臺灣大學。  延伸查詢new window
6.陳佳儀(2000)。股利宣告的資訊效果-以台灣集團與非集團上市公司為例(碩士論文)。國立中央大學。  延伸查詢new window
7.孫梅瑞(2000)。國內上市公司從事公司購併活動對經營績效影響之研究(博士論文)。國立政治大學。new window  延伸查詢new window
8.李文雄(1999)。資訊不對稱下我國上市公司融資行為宣告對股票報酬率影響之研究(博士論文)。國立政治大學。new window  延伸查詢new window
9.林章德(2000)。上市公司重大投資宣告對股價影響之研究(碩士論文)。東海大學。  延伸查詢new window
10.陳靜怡(2000)。財務危機公司資本結構決定因素,資本結構與自發性重整行為聯立結構關係模式之研究(碩士論文)。義守大學。  延伸查詢new window
11.張志誠(1999)。未提撥退休金對股價之影響(碩士論文)。國立中山大學。  延伸查詢new window
12.沈建良(2000)。上市公司購併宣告對股價影響之研究--以電子業及食品業為例(碩士論文)。國立政治大學。  延伸查詢new window
13.林雯瑜(1999)。關聯產業盈餘宣告之資訊移轉(碩士論文)。國立中興大學。  延伸查詢new window
14.張筱玉(1999)。集團企業季盈餘宣告之資訊移轉研究(碩士論文)。國立中興大學。  延伸查詢new window
15.張秋雄(2000)。成長機會與可支配現金流量對融資宣告效果影響之研究(碩士論文)。朝陽大學。  延伸查詢new window
16.邱柏彰(1999)。台灣電子業上市公司策略聯盟宣告對股東財富影響之研究(碩士論文)。國立政治大學。  延伸查詢new window
17.彭序文(1999)。上市公司不動產交易宣告對其股價影響之研究(碩士論文)。逢甲大學。  延伸查詢new window
18.陳誌良(2000)。GARCH模型存在極端值之檢測與應用臺灣電子資訊業盈餘宣告對股價報酬變動之實證分析(碩士論文)。國立臺北大學。  延伸查詢new window
19.葉秋美(1993)。臺灣企業購併宣告對股東財富之影響(碩士論文)。國立政治大學。  延伸查詢new window
 
 
 
 
第一頁 上一頁 下一頁 最後一頁 top