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題名:資訊不對稱、非平衡買賣單與資本支出宣告
書刊名:證券市場發展季刊
作者:王元章 引用關係張巧宜 引用關係
作者(外文):Wang, Yung-jangChang, Chiao-yi
出版日期:2006
卷期:18:4=72
頁次:頁103-139
主題關鍵詞:資訊不對稱非平衡買賣單資本支出股票報酬Asymmetric informationOrder imbalanceCapital expendituresStock returns
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(6) 博士論文(2) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:5
  • 共同引用共同引用:54
  • 點閱點閱:98
期刊論文
1.Feng, L.、Seasholes, M. S.(2004)。Correlated trading and location。The Journal of Finance,59(5),2117-2144。  new window
2.周賓凰、蔡坤芳(19970400)。臺灣股市日資料特性與事件研究法。證券市場發展,9(2)=34,1-27。new window  延伸查詢new window
3.Hasbrouck, Joel(1988)。Trades, Quotes, Inventories and Information。Journal of Financial Economics,22(2),229-252。  new window
4.Admati, A. R.、Pfleiderer, P.(1988)。The Theory of Intraday Patterns: Volume and Price Variability。Review of Financial Studies,1,3-40。  new window
5.Aharony, J.、Ramesh, K.(1992)。Association between Accounting Performance Measures and Stock Process: A test of the Life Cycle Hypothesis。Journal of Accounting and Economics,15,203-227。  new window
6.Atiase, R.、Bamber, L.(1994)。Trading Volume Reactions to Annual Accounting Earnings Announcements: The Incremental Role of Predisclosure Information Asymmetry。Journal of Accounting and Economics,17,309-329。  new window
7.Atkins, A. B.、Somnath, B.(1995)。The Effect of After-Hours Annoucements on the Intraday U-Shaped Volume Pattern。Journal of Business Finance and Accounting,22,789-810。  new window
8.Born, J.、Ryan, H.(2000)。Capital Expenditure Announcements and Anti-Takeover Barriers。Quarterly Review of Economics and Finance,40,205-228。  new window
9.Brio, D.、Perote, Javier、Pindado, Julio(2003)。Impact of Investment Announcements on Share Prices。Journal of Business Finance and Accounting,30,715-727。  new window
10.Brown, S. J.、Warner, J. B.(1985)。Using Daily Stock Return: The Case of Event Studies。Journal of Financial and Economics,14,3-31。  new window
11.Burton, M. B.、Lonie, A. A.、Power, D. M.(1999)。The Stock Market Reaction to Investment Announcements: The Case of Individual Capital Expenditure Projects。Journal of Business Finance and Accounting,26,681-708。  new window
12.Callen, J.、Livnat, J.、Ryanh, S.(1996)。Capital Expenditure is: Value-relevance and Fourth-quarter effects。Journal of Financial Statement Analysis,12,13-24。  new window
13.Chiang R.、Venkatesh, P. C.(1998)。Insider Holding and Perceptions of Information Asymmetry: A Note。Journal of Finance,54,1041-1048。  new window
14.Chung K. H.、Wright, P.、Charoenwong, C.(1998)。Investment Opportunities。Journal of Banking & Finance,22,41-60。  new window
15.Cornell, B.、Sirri, E. R.(1992)。The Reaction of Investors and Stock Prices to Insider Trading。Journal of Finance,47,1031-1059。  new window
16.Easley, D.、Kiefer, N.、O'Hara, M.、Paperman, J.(1996)。Liquidity, Information, and Infrequently Traded Stocks。Journal of Finance,51,1405-1435。  new window
17.Elliott, J.、Uphoff, H.(1972)。Predicting the Next Term Profit and Loss Statement with an Econometric Model: A Feasibility Study。Journal of Accounting Research,10,259-274。  new window
18.Essell, Thomas H.、Arshadi, Nasser(1993)。Insiders, Outsiders, or Trend Chasers? An Investigation of Pre-Takeover Transactions in the Shares of Target Firms。Journal of Financial Research,16(1),129-159。  new window
19.Fazzari, S. M.、Hubbard, R. G.、Petersen, B. C.(2000)。Financing Constraints and Corporate Investment: Response to Kaplan and Zingales。Quarterly Journal of Economics,115,695-705。  new window
20.Foster, Frederick D.、Viswanathan, S.(1990)。A Theory of Intraday Variations in Volume, Variance, and Trading Costs in Securities Markets。Review of Financial Studies,3,593-624。  new window
21.French, K.、Roll, R.(1986)。Stock Return Variance: The Arrival of Information and the Reaction of Traders。Journal of Financial Economics,17,99-117。  new window
22.Gerety, M. S.、Mulherin, H. J.(1992)。Trading Halts and Market Activity: An Analhysis of Volume at the Open and the Close。Journal of Finance,47,1765-1784。  new window
23.Giammarino, R.、Heinkel, R.、Hollifield, B.(1994)。Corporate Financing Decisions and Anonymous Trading。Journal of Financial and Quantitative Analysis,29,351-377。  new window
24.Gosnell, T. F.、Keown, A. J.、Pinkerton, J. M.(1996)。The Intraday Speed of Stock Price Adjustment to Major Dividend Changes: Bid-ask Bounce and Order Flow Imbalances。Journal of Banking and Finance,20,247-266。  new window
25.Greenball, M.(1971)。A Statistical Model of Earnings Estimation。Journal of Accounting Research,9,172-190。  new window
26.Guth, W.、Krahnen, J. P.、Rieck, C.(1997)。Financial Markets with Asymmetric Information: A Pilotstudy Focusing on Insider Advantages。Journal of Economic Psychology,18,235-257。  new window
27.Harris, Milton、Raviv, Artur(1990)。The Theory of Capital Structure。Journal of Finance,46(1),297-355。  new window
28.Hasbrouck, J.(1991)。Measuring the Information Content of Stocks Trades。The Journal of Finance,1,179-207。  new window
29.Hasbrouck, J.(1991)。The Summary Informative of Stock Trade: An Econometric Analysis。The Review of Finance Studies,4,571-595。  new window
30.He, Hua、Wang, Jiang(1995)。Differential Information and Dynamic Behavior of Stock Trading Volume。Review of Financial Studies,8,919-972。  new window
31.Houston, J. F.、Ryngaert, M. D.(1992)。The Link Between Trading Time and Market Volatility。Journal of Financial Research,14,37-49。  new window
32.Jones, C. M.、Kaul, G.、Lipson, M. L.(1994)。Information, Trading, and Volatility。Journal of Financial Economics,36,127-154。  new window
33.Kabir, R.、Vermaelen, T.(1996)。Insider trading restrictions and the stock market: Evidence form the Amsterdam Stock Exchange。European Economic Review,40,1591-1603。  new window
34.Kalra, R.、Henderson, G. V.、Walker, M. C.(1994)。Share Price Reaction to Plant Closing Announcements。Journal of Economics and Business,46,381-395。  new window
35.Karpoff, Jonathan M.、Lee, Daniel(1991)。Insider Trading before New Issue Announcements。Financial Managements,20,18-26。  new window
36.Kerstein, J.、Kim, S.(1995)。The Incremental Information Content of Capital Expenditures。The Accounting Review,70(3),513-526。  new window
37.Kim, O.、Verrecchia, R. E.(1991)。Market Reactions to Anticipated Announcements。Journal of Financial Economies,30,273-309。  new window
38.Lauterbach, B.、Ben-Zion, U.(1993)。Stock Market Crashes and the Performance of Circuit Breakers: Empirical Evidence。Journal of Finance,48,1909-1925。  new window
39.Lee, Charles M. C.(1992)。Earnings News and Small Traders, an Intraday Analysis。Journal of Accounting and Economics,15(2/3),265-302。  new window
40.Livnat, J.、Zarowin, P.(1990)。The Incremental Information Content of Cash-flow Components。Journal of Accounting and Economics,13,22-46。  new window
41.Lo, A.、Wang, J.(2000)。Trading Volume: Definitions, Data Analysis, and Impliations of Portfolio Theory。Review of Financial Studies,13,257-300。  new window
42.McConnell, J. J.、Nantell, T.(1985)。Corporate Combinations and Commom Stock Returns: The Case of Joint Ventures。Journal of Finance,14,519-536。  new window
43.Penman, S.(1983)。The Predictive Content of Earnings Forecasts and Dividends。Journal of Finance,38(4),1181-1199。  new window
44.Sias, R.(1997)。Price Pressure and the Role of Institutional Investors in Closed-end Funds。Journal of Financial Research,20,211-229。  new window
45.Shin, H. H.、Kim, Y. H.(2002)。Agency Costs and Efficiency of Business Capital Investment: Evidence from Quarterly Capital Expenditures。Journal of Corporate Finance,8(2),139-158。  new window
46.Wood, R. A.、Mclnish, T. H.、Ord, J. K.(1985)。An Investigation of Transaction Data for NYSE Stock。Journal of Finance,40,723-741。  new window
47.Woolridge, J. R.(1988)。Competitive decline and corporate restructuring: Is a myopic stock market to blame?。Journal of Applied Corporate Finance,1(1),26-36。  new window
48.Chan, S. H.、Martin, J. D.、Kensinger, J. W.(1990)。Corporate research and development expenditures and share value。Journal of Financial Economics,26(2),255-276。  new window
49.McConnell, J. J.、Muscarella, C. J.(1985)。Corporate Capital Expenditure Decisions and the Market Value of the Firm。Journal of Financial Economics,14(3),399-422。  new window
50.Chen, S. S.、Ho, K. W.(1997)。Market Response to Product-Strategy and Capital-Expenditure Announcements in Singapore: Investment Opportunities and Free Cash Flows。Financial Management,26,82-88。  new window
51.John, K.、Mishra, B.(1990)。Information Content of Insider Trading Around Corporate Announcements: The Case of Capital Expenditures。Journal of Finance,45,835-855。  new window
52.Benston, Geroge J.、Hagerman, Robert L.(1974)。Determinants of Bid-Asked Spreads in the Over-The-Counter Market。Journal of Financial Economics,1,353-364。  new window
53.Lobo, Gerald、Tung, Samuel(1997)。Relation between Predisclosure Information Asymmetry and Trading Volume Reaction Around Quarterly Earnings Announcements。Journal of Business Finance and Accounting,24,851-867。  new window
54.Vogot, S. C.(1997)。Cash Flow and Capital Spending: Evidence from Capital Expenditure Announcements。Financial Management,26(2),44-57。  new window
55.Bagehot, Walter(1971)。The Only Game in Town。Financial Analysis Journal,27(2),12-14。  new window
56.劉玉珍、周行一、潘璟靜(19961000)。臺灣股市價格限制與交易行為。中國財務學刊,4(2),41-60。new window  延伸查詢new window
57.黃仁甫、劉玉珍(19950700)。臺灣股市交易資訊不對稱之實證研究--VAR模型之應用。中國財務學刊,3(1),95-117。new window  延伸查詢new window
58.劉維琪、劉玉珍、黃建順、潘璟靜(19950400)。臺灣股市日內價格變動分析。證券市場發展,7(2)=26,47-73。new window  延伸查詢new window
59.Gallant, A. R.、Rossi, P. E.、Tauchen, G.(1992)。Stock Prices and Volume。The Review of Financial Studies,5(2),199-242。  new window
60.Chordia, Tarun、Roll, Richard、Subrahmanyam, Avanidhar(2001)。Market Liquidity and Trading Activity。Journal of Finance,56(2),501-530。  new window
61.Jain, Prem C.、Joh, Gun-Ho(1988)。The dependence between hourly prices and trading volume。Journal of Financial and Quantitative Analysis,23(3),269-283。  new window
62.Blume, Marshall E.、Mackinlay, A. Craig、Terker, Bruce(1989)。Order imbalances and stock price movements on October 19 and 20, 1987。Journal of Finance,44(4),827-848。  new window
63.Lev, Baruch、Thiagarajan, S. Ramu(1993)。Fundamental Information Analysis。Journal of Accounting Research,31(2),190-215。  new window
64.Aharony, Joseph、Swary, Ithzak(1980)。Quarterly Dividend and Earnings Announcements and Stockholders' Returns: An Empirical Analysis。Journal of Finance,35(1),1-12。  new window
65.Hiemstra, C.、Jones, J. D.(1994)。Testing for linear and nonlinear granger causality in the stock price-volume relation。The Journal of Finance,49(5),1639-1664。  new window
66.Stulz, René M.(1990)。Managerial Discretion and Optimal Financing Policies。Journal of Financial Economics,26(1),3-27。  new window
67.Trueman, Brett(1986)。The Relationship Between the Level of Capital Expenditures and Firm Value。Journal of Financial and Quantitative Analysis,21(2),115-130。  new window
68.Glosten, Lawrence R.、Milgrom, Paul R.(1985)。Bid, ask and transaction prices in a specialist market with heterogeneously informed traders。Journal of Financial Economics,14(1),71-100。  new window
69.White, Halbert L. Jr.(1980)。A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity。Econometrica: Journal of the Econometric Society,48(4),817-838。  new window
70.Lee, Charles M. C.、Ready, Mark J.(1991)。Inferring Trade Direction from Intraday Data。Journal of Finance,46(2),733-746。  new window
71.Stoll, H. R.(1978)。The Pricing of Security Dealer Services: An Empirical Study of Nasdaq Stocks。The Journal of Finance,33(4),1153-1172。  new window
72.Jensen, Michael C.(1986)。Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers。The American Economic Review,76(2),323-329。  new window
73.Myers, Stewart C.、Majluf, Nicholas S.(1984)。Corporate Financing and Investment Decisions When Firms Have Information That Investor Do Not Have。Journal of Financial Economics,13(2),187-221。  new window
74.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
研究報告
1.Fowler, D. J.、Rorke, C. H.(1984)。Insider Trading Profits in the Canadian Equity Market。York University。  new window
學位論文
1.孫榆雯(2002)。資本支出宣告公司之長期績效表現(碩士論文)。元智大學。  延伸查詢new window
圖書
1.Fama, E. F.、Miller, M. H.(1972)。The Theory of Finance。New York:Holt, Rinehart and Winston。  new window
 
 
 
 
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