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題名:價值投資:財務報表與公開資訊之應用
書刊名:證券市場發展季刊
作者:賴靖宜 引用關係董澍琦 引用關係楊聲勇 引用關係苗建華
作者(外文):Lai, Jing-yiDoong, Shuh-chyiYang, Sheng-yungMiao, Chien-hua
出版日期:2011
卷期:22:4=88
頁次:頁123-182
主題關鍵詞:價值投資市場效率財務報表Value investingMarket efficiencyFinancial statement
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(2) 博士論文(1) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:2
  • 共同引用共同引用:72
  • 點閱點閱:61
期刊論文
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2.Sloan, R. G.、Dechow, P. M.(1997)。Returns to contrarian investment strategies: Tests of naive expectations hypotheses。Journal of Financial Economics,43(1),3-27。  new window
3.薛健宏(20080100)。董監持股、盈餘平穩化與企業風險之關連性研究。會計評論,46,107-130。new window  延伸查詢new window
4.Mikkelson, W. H.、Partch, M. M.(2003)。Do Persistent Large Cash Reserves Hinder Performance?。Journal of Financial and Quantitative Analysis,38(2),275-294。  new window
5.Griffin, John M.、Lemmon, Michael L.(2002)。Book-to-Market Equity, Distress Risk, and Stock Returns。Journal of Finance,57(5),2317-2336。  new window
6.La Porta, R.(1996)。Expectations and the Cross Section of Stock Returns。Journal of Finance,51,1715-1742。  new window
7.Lev, B.、Sougiannis, T.(1996)。The capitalization, and amortization, and value-relevance of R&D。Journal of Accounting and Economics,21(1),107-138。  new window
8.Denis, D. J.(1994)。Investment Opportunities and the Market Reaction to Equity Offerings。Journal of Financial and Quantitative Analysis,29(2),159-177。  new window
9.Mann, S.、Sicherman, N.(1991)。The Agency Cost of Free Cash Flow: Acquisition Activity and Equity Issues。The Journal of Business,64(2),213-227。  new window
10.Barth, M. E.、Elliot, J. A.、Finn, M. W.(1999)。Market rewards associated with patterns of increasing earnings。Journal of Accounting Research,37(2),387-413。  new window
11.Vassalou, Maria、Xing, Yuhang(2004)。Default risk in equity returns。Journal of Finance,59(2),831-868。  new window
12.Ali, Ashiq、Hwang, L. S.、Trombley, M. A.(2003)。Arbitrage risk and the book-to-market anomaly。Journal of Financial Economics,69(2),355-373。  new window
13.Slovin, Myron、Sushka, Marie E.、Hudson, Carl D.(1990)。External Monitoring and Its Effect on Seasoned Common Stock Issues。Journal of Accounting & Economics,12,397-417。  new window
14.Mohanram, P. S.(2005)。Separating winners from losers among low book-to-market stocks using financial statement analysis。Review of Accounting Studies,10(2/3),133-170。  new window
15.Nohel, T.、Tarhan, V.(1988)。Share Repurchase and Firm Performance: New Evidence on the Agency Costs of Free Cash Flow。Journal of Finance Economics,49(2),187-222。  new window
16.Penman, S. H.、Zhang, X. J.(2002)。Accounting conservatism, the quality of earnings, and stock returns。The Accounting Review,77(2),237-264。  new window
17.Schipper, K.(1989)。Commentary on earning management。Accounting Horizons,3(4),91-102。  new window
18.Datar, Srikant M.、Feltham, Gerald A.、Hughes, John S.(1991)。The role of audits and audit quality in valuing new issues。Journal of Accounting and Economics,14(1),3-49。  new window
19.Berkman, H.、Cole, R. A.、Fu, L. J.(2009)。Expropriation through Loan Guarantees to Related Parties: Evidence from China。Journal of Banking and Finance,33(1),141-156。  new window
20.McConnell, John J.、Servaes, Henri(1990)。Additional Evidenceon Equity Ownership and Corporate Value。Journal of Financial Economics,27(2),595-612。  new window
21.Lipe, R. C.(1986)。The Information Contained in the Components of Earnings。Journal of Accounting Research,24(Supplement),37-68。  new window
22.Beaver, W. H.、Ryan, S. G.(2000)。Biases and Lags in Book Value and Their Effects on the Ability of the Book-to-Market Ratio to Predict Book Return on Equity。Journal of Accounting Research,38(1),127-148。  new window
23.Huberts, L.、Fuller, R.(1995)。Predictability Bias in the U.S. Equity Market。Financial Analysts Journal,51(2),12-28。  new window
24.Fama, Eugene F.、French, K. R.(1998)。Market Efficiency, Long-Term Returns, and Behavioral Finance。Journal of Financial Economics,49(3),283-306。  new window
25.Asquith, P.、Mullins, D. W.(1986)。Equity Issues and Offering Dilution。Journal of Financial Economics,15(1/2),61-89。  new window
26.Beaver, William H.、Ryan, Stephen G.(199311)。Accounting fundamentals of the book-to-market ratio。Financial Analysts Journal,49(6),50-56。  new window
27.Ryan, S. G.(1995)。A Model of Accrual Measurement with Implications for the Evolution of the Book-to Market Ratio。Journal of Accounting Research,33(1),95-112。  new window
28.古永嘉、李鑑剛(19980300)。臺灣股票市場報酬率之橫斷面與縱斷面混合分析。輔仁管理評論,5(1),77-95。new window  延伸查詢new window
29.Kesner, Idalene F.(1987)。Directors' Stock Ownership and Organizational Performance: An Investigation of Fortune 500 Companies。Journal of Management,13(3),499-508。  new window
30.Foster, George、Olsen, Chris、Shevlin, Terry(1984)。Earnings Releases, Anomalies, and the Behavior of Security Returns。The Accounting Review,59(4),574-603。  new window
31.Fama, Eugene F.、French, Kenneth R.(1993)。Common risk factors in the returns of stocks and bonds。Journal of Financial Economics,33(1),3-56。  new window
32.Lev, Baruch、Thiagarajan, S. Ramu(1993)。Fundamental Information Analysis。Journal of Accounting Research,31(2),190-215。  new window
33.Barth, M. E.、Clinch, G.(1998)。Revalued financial, tangible, and intangible assets: Associations with share prices and non-market-based value estimates。Journal of Accounting Research,36(3),199-233。  new window
34.Oswald, Sharon L.、Jahera, John S. Jr.(1991)。The Influence of Ownership on Performance: An Empirical Study。Strategic Management Journal,12(4),321-326。  new window
35.Fama, Eugene F.、French, Kenneth R.(1995)。Size and Book-to-Market Factors in Earnings and Returns。The Journal of Finance,50(1),131-155。  new window
36.Ball, Ray、Brown, Philip(1968)。An Empirical Evaluation of Accounting Income Numbers。Journal of Accounting Research,6(2),159-178。  new window
37.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
38.Claessens, Stijn、Djankov, Simeon、Lang, Larry H. P.(2000)。The Separation of Ownership and Control in East Asian Corporations。Journal of Financial Economics,58(1/2),81-112。  new window
39.Fama, Eugene F.、Jensen, Michael C.(1983)。Separation of ownership and control。The Journal of Law & Economics,26(2),301-325。  new window
40.Francis, Jennifer R.、LaFond, Ryan、Olsson, Per M.、Schipper, Katherine(2005)。The Market Pricing of Accruals Quality。Journal of Accounting and Economics,39(2),295-327。  new window
41.Healy, Paul M.(1985)。The Effect of Bonus Schemes on Accounting Decisions。Journal of Accounting and Economics,7(1-3),85-107。  new window
42.Bowen, R. M.、Rajgopal, S.、Venkatachalam, M.(2008)。Accounting discretion, corporate governance and firm performance。Contemporary Accounting Research,25(2),351-405。  new window
43.Abarbanell, Jeffery S.、Bushee, Brian J.(1997)。Fundamental Analysis, Future Earnings, and Stock Prices。Journal of Accounting Research,35(1),1-24。  new window
44.Fama, Eugene F.、French, Kenneth R.(1997)。Industry Costs of Equity。Journal of Financial Economics,43(2),153-193。  new window
45.Holthausen, Robert W.、Larcker, David F.(1992)。The Prediction of Stock Returns Using Financial Statement Information。Journal of Accounting and Economics,15(2/3),373-411。  new window
46.Ou, Jane A.、Penman, Stephen H.(1989)。Financial Statement Analysis and the Prediction of Stock Returns。Journal of Accounting and Economics,11(4),295-329。  new window
47.Altman, Edward I.(1968)。Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy。The Journal of Finance,23(4),589-609。  new window
48.Stulz, René M.(1988)。Managerial control of voting rights: Financing policies and the market for corporate control。Journal of Financial Economics,20(1/2),25-54。  new window
49.Wiwattanakantang, Yupana(2001)。Controlling Shareholders and Corporate Value: Evidence from Thailand。Pacific-Basin Finance Journal,9(4),323-362。  new window
50.鄭宗記、賴弘能、蔡佩芬(20061200)。On the Two-Stage Estimation of the Fama-French Three Factor Model: Evidence from Taiwan。交大管理學報,26(2),21-48。new window  new window
51.Demsetz, Harold(1983)。The structure of Ownership and the Theory of the Firm。The Journal of Law & Economics,26(2),375-390。  new window
52.Yeh, Yin-Hua、Woidtke, Tracie(2005)。Commitment or Entrenchment?: Controlling Shareholders and Board Composition。Journal of Banking and Finance,29(7),1857-1885。  new window
53.Beaver, William H.、Clarke, Roger、Wright, William F.(1979)。The Association between Unsystematic Security Returns and the Magnitude of Earnings Forecast Errors。Journal of Accounting Research,17(2),316-340。  new window
54.Mikkelson, Wayne H.、Partch, M. Megan(1985)。Stock Price Effects and Costs of Secondary Distributions。Journal of Financial Economics,14(2),165-194。  new window
55.Fama, Eugene F.、French, Kenneth R.(1992)。The Cross-Section of Expected Stock Returns。The Journal of Finance,47(2),427-465。  new window
56.Piotroski, Joseph D.(2000)。Value Investing: the Use of Historical Financial Statement Information to Separate Winners from Losers。Journal of Accounting Research,38(1),1-41。  new window
57.Gadhoum, Yoser、Ayadi, Mohamed A.(2003)。Ownership Structure and Risk: A Canadian Empirical Analysis。Quarterly Journal of Business and Economics,42(1/2),19-39。  new window
58.Lakonishok, Josef、Shleifer, Andrei、Vishny, Robert W.(1994)。Contrarian Investment, Extrapolation, and Risk。Journal of Finance,49(5),1541-1578。  new window
59.Sloan, Richard Geoffrey(1996)。Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings?。The Accounting Review,71(3),289-315。  new window
60.De Bondt, Werner F. M.、Thaler, Richard H.(1985)。Does the Stock Market Overreact?。The Journal of Finance,40(3),793-805。  new window
61.Rosenberg, Barr、Reid, Kenneth、Lanstein, Ronald(1985)。Persuasive evidence of market inefficiency。Journal of Portfolio Management,11(3),9-16。  new window
62.方智強、姚明慶(19980900)。臺灣上市公司的淨值市價比現象。管理學報,15(3),367-391。new window  延伸查詢new window
63.Chan, L. K. C.、Lakonishok, J.(2004)。Value and Growth Investing: Review and Update。Financial Analysts Journal,60(1),71-86。  new window
64.Chen, Nai-Fu、Zhang, Feng(1998)。Risk and return of value stocks。The Journal of Business,71(4),501-535。  new window
65.詹家昌、張永和、陳碧瑩(2006)。會計異常報酬現象與資訊不確定關連性硏究。交大管理學報,26(2),155-186。new window  延伸查詢new window
66.王元章(1998)。內部人持股比例,投資績效與市場效率性--台灣股市之實證硏究。證券市場發展季刊,13(3),26-69。new window  延伸查詢new window
67.Altman, E.(2005)。An Emerging Market Credit Scoring System for Corporate Bonds。Emerging Markets Review,6,311-323。  new window
68.Asquith, P.、Mullins, D.W.Jr.(1986)。Signaling with Dividends, Stock Repurchase and Equity Issues。Financial Management,15,27-44。  new window
69.Bartov, E.、Kim, M.(2004)。Risk Mispricing and Value Investing。Review of Quantitative Finance and Accountings vol. 23,23,353-376。  new window
70.Beneish, M-D.、Lee, C.M.、Tarpley, R.L.(2001)。Contextual Financial Statement Analysis through the Prediction of Extreme Returns。Review of Accounting Studies,6,165-189。  new window
71.Billett, M.T.、Mauer, D.C.(2003)。Cross-Subsidies, External Financing Constraints, and the Contribution of the Internal Capital Market to Firm Value。Review of Financial Studies,16,1167-1201。  new window
72.Chan, L.K.C.、Karceski, J.、Lakonishok, J.(2003)。The Level and Persistence of Growth Rates。Journal of Finance,58,643-684。  new window
73.Fairfield, P.M.、Yohn, T.L.(2001)。Using Asset Turnover and Profit Margin to Forecast Changes in Profitability。Review of Accounting Studies,6,371-385。  new window
74.Hopwood, W.、Schaefer, K.(1988)。Incremental Information Content of Earnings and Nonearnings-Based Financial Ratios。Contemporary Accounting Research,5,318-342。  new window
75.King, M. R.、Santor, E.(2008)。Family Values: Ownership Structure, Performance and Capital Structure of Canadian Firms。Journal of Banking and Finance,32,2423-2432。  new window
76.Kiymaz, H.(2006)。The Impact of Announced Motives, Financial Distress, and Industry Affiliation on Shareholders' Wealth: Evidence from Large Sell-offs。Quarterly Journal of Business and Economics,45,69-89。  new window
77.Hess, A.C.、Bhagat, S.(1986)。Size Effect of Seasoned Stock Issues: Empirical Evidence。Journal of Business,59,567-584。  new window
78.Greig, A.C.(1992)。Fundamental Analysis and Subsequent Stock Returns。Journal of Accounting and Economics,15,413-442。  new window
79.Leland, H.E.、Pyle, D.H.(1977)。Informational Astymmetries, Financial Structure, and Financial Intermediation。Journal of Finance,32,371-387。  new window
80.Chen, A.、Kao, L.、Chen, Y.-K.(2007)。Agency Costs of Controlling Shareholders' Share Collateral with Taiwan Evidence。Review of Pacific Basin Financial Markets and Policies,10(2),173-191。  new window
81.Clifford, C. P.(2008)。Value Creation or Destruction? Hedge Funds as Shareholder Activists。Journal of Corporate Finance,14(4),323-336。  new window
82.Core, J.E.、Guay, W.R.、Buskirk, A.V.(2003)。Market Valuations in the New Economy: An Investigation of What Has Changed。Journal of Accounting and Economics,34,43-67。  new window
83.Soliman, M.T.(2004)。Using Industry-Adjusted DuPont Analysis to Predict Future Profitability。Social Science Research Network =456700。  new window
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85.Stober, T.(1992)。Summary Financial Statement Measures and Analysts' Forecasts of Earnings。Journal of Accounting and Economics,15,347-372。  new window
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87.Weston, J.(1979)。The Tender Takeover。Mergers and Acquisitions,14,74-82。  new window
會議論文
1.許永聲、王泰昌(2005)。盈餘管理行爲與會計資訊的評價能力。  延伸查詢new window
研究報告
1.林煜宗(1994)。市場型態、股價淨値比、本益比及公司規模對股票報酬率之影響。  延伸查詢new window
2.Altman, E.(2000)。Predicting Financial Distress of Companies: Revisiting the Z-SCORE and ZETA® Model。Stem School of Business, New York University。  new window
圖書
1.Bernstein, L.(1993)。Financial Statement Analysis。Homewood, IL:Irwin。  new window
 
 
 
 
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