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題名:企業購併所隱含的代理問題
書刊名:證券市場發展季刊
作者:許培基 引用關係曾品玉
作者(外文):Shu, Pei-giZeng. Pin-yu
出版日期:2003
卷期:15:1=57
頁次:頁77-115
主題關鍵詞:購併代理問題集團超額價值Merger and acquisitionM&AAgency problemGroupingExcess value
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(3) 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:3
  • 共同引用共同引用:66
  • 點閱點閱:25
期刊論文
1.Matsusaka, J. G.(1993)。Takeover motives during the conglomerate merger wave。The RAND Journal of Economics,24(3),357-379。  new window
2.Servaes, H.(1996)。The value of diversification during the conglomerate merger wave。Journal of Finance,51(4),1201-1225。  new window
3.Gertner, R. H.、Scharfstein, D.、Stein, J. C.(1994)。Internal versus External Capital Markets。The Quarterly Journal of Economics,109,1211-1230。  new window
4.Maquieira, C. P.、Megginson, W. L.、Nail, L.(1998)。Wealth creation versus wealth redistributions in pure stock-for-stock mergers。Journal of Financial Economics,48(1),3-33。  new window
5.Comment, Robert、Jarrell, Gregg A.(1995)。Corporate focus and stock returns。Journal of Financial Economics,37(1),67-87。  new window
6.Galai, D.、Masulis, R. W.(1976)。The option pricing model & the risk factor of stock。Journal of Financial Economics,3(1/2),53-81。  new window
7.Prowse, S. D.(1992)。The Structure of Corporate Ownership in Japan。Journal of Finance,47(3),1121-1140。  new window
8.Chatterjee, Sayan(1986)。Types of Synergy and Economic Value: The Impact of Acquisitions on Merging and Rival Firms。Strategic Management Journal,7(2),119-139。  new window
9.Kaplan, Steven N.、Weisbach, Michael S.(1992)。The Success of Acquisitions: Evidence from Divestitures。Journal of Finance,47(1),107-138。  new window
10.McConnell, John J.、Servaes, Henri(1990)。Additional Evidenceon Equity Ownership and Corporate Value。Journal of Financial Economics,27(2),595-612。  new window
11.Michell, M. L.、Lehn, K.(1990)。Do Bad Bidders Become Good Targets?。Journal of Political Economy,98,372-398。  new window
12.Shleifer, Andrei、Vishny, Robert W.(1986)。Large shareholders and corporate control。Journal of Political Economy,94(3 Part 1),461-488。  new window
13.Roll, Richard(1986)。The Hubris Hypothesis of Corporate Takeovers。Journal of Business,59(2 Part 1),197-216。  new window
14.Barclay, Michael J.、Holderness, Clifford G.(1989)。Private benefits from control of public corporations。Journal of Financial Economics,25(2),371-395。  new window
15.Morck, Randall、Shleifer, Andrei、Vishny, Robert W.(1988)。Management Ownership and Market Valuation: An Empirical Analysis。Journal of Financial Economics,20(1/2),293-315。  new window
16.Berger, Philip G.、Ofek, Eli(1995)。Diversification's effect on firm value。Journal of Financial Economics,37(1),39-65。  new window
17.La Porta, Rafael、López-de-Silanes, Florencio、Shleifer, Andrei(1999)。Corporate ownership around the world。Journal of Finance,54(2),471-517。  new window
18.葉銀華、邱顯比(19960800)。資本結構、股權結構與公司價值關聯性之實證研究:代理成本理論。臺大管理論叢,7(2),57-89。new window  延伸查詢new window
19.Duggal, Rakesh、Millar, James A.(1999)。Institutional Ownership and Firm Performance: The Case of Bidder Returns。Journal of Corporate Finance,5(2),103-117。  new window
20.Pound, John(1988)。Proxy contests and the efficiency of shareholder oversight。Journal of Financial Economics,20(1/2),237-265。  new window
21.Ang, James S.、Cole, Rebel A.、Lin, James Wuh(2000)。Agency Costs and Ownership Structure。Journal of Finance,55(1),81-106。  new window
22.Jensen, Michael C.(1986)。Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers。The American Economic Review,76(2),323-329。  new window
23.Lewellen, Wilbur G.(1971)。A Pure Financial Rationale for the Conglomerate Merger。The Journal of Finance,26(2),521-537。  new window
24.Shleifer, Andrei、Vishny, Robert W.(1997)。A survey of corporate governance。The Journal of Finance,52(2),737-783。  new window
25.Amihud, Yakov、Lev, Baruch(1981)。Risk Reduction as a Managerial Motive for Conglomerate Mergers。Bell Journal of Economics,12(2),605-617。  new window
26.Jensen, Michael C.、Meckling, William H.(1976)。Theory of the firm: Managerial behavior, agency costs and ownership structure。Journal of Financial Economics,3(4),305-360。  new window
27.Hubbard, G.、Palia, D.(1999)。A re-examination of the conglomerate merger wave in the 1960s: An internal capital market view。The Journal of Finance,154,1131-1152。  new window
28.Graham, R. C.、Lefanowicz, C. E.(1999)。Majority and minority ownership of publicly-traded firms: A test of the value of control using market multiples。Journal of Business Finance & Accounting,26,171-197。  new window
29.Elgers, P. T.、Clark, J. J.(1980)。Merger types and shareholder returns: additional evidence。Financial Management,9,66-72。  new window
30.McConell, J.、Dennis, D. K.(1986)。Corporate mergers and security returns。Journal of Financial Economics,16,143-187。  new window
31.Vishny, R.、Bhagat, S.、Shleifer, A.(1990)。Hostile takeovers in the 1980s: The return to corporate specialization。Booking Paper on Economic Activity: Microeconomics,1-72。  new window
32.Thompson, R.、Schipper, K.(1983)。Evidence on the capitalized value of merger activity for merging firms。Journal of Financial Economics,11,85-119。  new window
33.Jensen, M. C.(1988)。Takeover: Their causes and consequences。The Journal of Economic Perspectives,2,49-68。  new window
34.Schall, L. D.、Higgins, R. C.(1975)。Corporate bankruptcy and conglomerate merger。The Journal of Finance,30,93-113。  new window
35.DeAngelo, L.、DeAngelo, H.、Rice, E. M.(1984)。Going Private: Minority Freeze Outs and Stockholder Wealth。The Journal of Law & Economics,27,367-401。  new window
36.Kim, E. H.、Asquith, P.(1982)。The impact of merger bids on the participating firms' security holders。The Journal of Finance,37,1209-1228。  new window
會議論文
1.李存修、葉銀華(1999)。Family control, board composition and corporate performance in Taiwan stock market。Taipei。  new window
研究報告
1.Kim, J. M.、Kang, J. K.、Bae, K. H.(2000)。Does group affiliation destroys shareholder wealth in emerging markets? Evidence from Mergers by Korean Business Groups。沒有紀錄。  new window
2.Myers, S.、Majd, Saman(1987)。Valuing the government's tax claim on risky assets。Cambridge, MA。  new window
圖書
1.Ravenscraft, D. J.、Scherer, F. M.(1987)。Mergers, Sell-offs and Economic Efficiency。Washington, DC:The Brookings Institution。  new window
2.Berle, Adolf Augustus Jr.、Means, Gardiner C.(1932)。The Modern Corporation and Private Property。Macmillan Publishing Company。  new window
3.Williamson, Oliver E.(1985)。The Economic Institutions of Capitalism: Firms Markets, Relational Contracting。Macmillan, Ltd:Free Press。  new window
4.Weston, I. F.、Copeland, T. E.(1979)。Financial Theory and Corporate Policy。Financial Theory and Corporate Policy。沒有紀錄。  new window
 
 
 
 
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