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題名:市場情緒因素、公司融資特性、與資本結構調整之研究
書刊名:證券市場發展季刊
作者:詹家昌 引用關係林丙輝 引用關係杜佳珊
作者(外文):Chan, Chia-chungLin, Bing-hueiTu, Chia-shan
出版日期:2013
卷期:25:2=98
頁次:頁97-128
主題關鍵詞:目標資本結構市場情緒因素公司融資特性調整速度Target capital structureMarket sentiment factorFinancing characteristicAdjustment speed
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(1) 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:1
  • 共同引用共同引用:0
  • 點閱點閱:232
期刊論文
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2.Rephael, A. B.、Kandel, S.、Wohl, A.(2012)。Measuring Investor Sentiment With Mutual Fund Flows。Journal of Financial Economics,104(2),363-382。  new window
3.Baker, M.、J. Wurgler(2006)。Investor Sentiment and Cross-Section of Stock Return。Journal of Finance,61(4),1645-1680。  new window
4.Bernanke, B.、Gertler, M.、Gilchrist, S.(1996)。The Financial Accelerator and Flight to Quality。Review of Economics and Statistics,78(1),1-15。  new window
5.Chalmers, J. M. R.、G. B. Kadles(1998)。An Empirical Examination of the Amortized Spread。Journal of Financial Economics,48(2),159-188。  new window
6.De Miguel, A.、Pindado, J.(2001)。Determinants of the Capital Structure: New Evidence from Spanish Data。Journal of Corporate Finance,7(1),77-99。  new window
7.Hackbarth, D.、J. Miso、E. Morellec(2006)。Capital Structure, Credit Risk, and Macroeconomic Conditions。Journal of Financial Economics,82(3),519-550。  new window
8.Hennessy, C. A.、Whited, T. M.(2005)。Debt Dynamics。Journal of Finance,60(3),1129-1165。  new window
9.Liu, Laura X.(2009)。Historical market-to-book in a partial adjustment model of leverage。Journal of Corporate Finance,15(5),602-612。  new window
10.Lucey, B. M.、Dowling, M.(2005)。The role of feelings in investor decision-making。Journal of Economic Surveys,19(2),211-237。  new window
11.Nofsinger, J. R.(2005)。Social Mood and Financial Economics。The Journal of Behavioral Finance,6,144-160。  new window
12.Platt, H. D.、Platt, M. B.(1991)。A note on the use of industry-relative ratios in bankruptcy prediction。Journal of Banking and Finance,15(6),1183-1194。  new window
13.Strebulaev, I.(2007)。Tests of Capital Structure Theory Mean What They Say?。Journal of Finance,62(4),1747-1787。  new window
14.Hubbard, Robert Glenn(1998)。Capital-Market Imperfections and Investment。Journal of Economic Literature,36(1),193-225。  new window
15.Stonehill, Arthur、Beekhuisen, Theo、Wright, Richard、Remmers, Lee、Toy, Norman、Pares, Antonio、Shapiro, Alan、Egan, Douglas、Bates, Thomas(1975)。Financial Goals and Debt Ratio Determinants: A Survey of Practice in Five Countries。Financial Management,4(3),27-41。  new window
16.Acharya, Viral V.、Almeida, Heitor、Campello, Murillo(2007)。Is cash negative debt? A hedging perspective on corporate financial policies。Journal of Financial Intermediation,16(4),515-554。  new window
17.Thies, Clifford F.、Klock, Mark S.(1992)。Determinants of Capital Structure。Review of Financial Economics,1(2),40-52。  new window
18.Almeida, Heitor、Campello, Murillo、Weisbach, Michael S.(2004)。The cash flow sensitivity of cash。Journal of Finance,59(4),1777-1804。  new window
19.Brown, G. W.、Cliff, M. T.(2005)。Investor Sentiment and Asset Valuation。Journal of Business,78(2),405-440。  new window
20.Titman, Sheridan(1984)。The effect of capital structure on a firm's liquidation decision。Journal of Financial Economics,13(1),137-151。  new window
21.Datar, V. T.、Naik, N. Y.、Radcliffe, R.(1998)。Liquidity and Stock Returns: An Alternative Test。Journal of Financial Markets,1(2),203-219。  new window
22.Whited, Toni M.(1992)。Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data。Journal of Finance,47(4),1425-1460。  new window
23.Erickson, Timothy、Whited, Toni M.(2000)。Measurement error and the relationship between investment and "Q"。Journal of Political Economy,108(5),1027-1057。  new window
24.Carlstrom, Charles T.、Fuerst, Timothy S.(1997)。Agency Costs, Net Worth, and Business Fluctuations: A Computable General Equilibrium Analysis。American Economic Review,87(5),893-910。  new window
25.Deakin, Edward B.(1972)。A discriminant analysis of predictors of business failure。Journal of Accounting Research,10(1),167-179。  new window
26.Gertler, Mark、Gilchrist, Simon(1994)。Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms。Quarterly Journal of Economics,109(2),309-340。  new window
27.Modigliani, F.、Miller, M.(1958)。The Costs of Capital, Corporation Finance, and the Theory of Investment。The American Economic Review,48(3),261-297。  new window
28.Hirshleifer, D.(2001)。Investor psychology and asset pricing。Journal of Finance,56(4),1533-1597。  new window
29.Gertler, Mark、Gilchrist, Simon(1993)。The Role of Credit Market Imperfections in the Monetary Transmission Mechanism: Arguments and Evidence。Scandinavian Journal of Economics,95(1),43-64。  new window
30.Warner, Jerold B.(1977)。Bankruptcy Costs: Some Evidence。Journal of Finance,32(2),337-347。  new window
31.Choe, H.、Masulis, R. W.、Nanda, V.(1993)。Common stock offerings across the business cycle: Theory and evidence。Journal of Empirical Finance,1(1),3-31。  new window
32.Lamont, Owen、Polk, Christopher、Saá-Requejo, Jesús(2001)。Financial Constraints and Stock Returns。The Review of Financial Studies,14(2),529-554。  new window
33.Whited, Toni M.、Wu, Guojun(2006)。Financial Constraints Risk。The Review of Financial Studies,19(2),531-559。  new window
34.Hovakimian, Armen、Hovakimian, Gayane、Tehranian, Hassan(2004)。Determinants of Target Capital Structure: The Case of Dual Debt and Equity Issues。Journal of Financial Economics,71(3),517-540。  new window
35.Welch, Ivo(2004)。Capital structure and stock returns。Journal of Political Economy,112(1),106-131。  new window
36.Harris, Milton、Raviv, Artur(1991)。The Theory of Capital Structure。The Journal of Finance,46(1),297-355。  new window
37.Shleifer, Andrei、Summers, Lawrence H.(1990)。The Noise Trader Approach to Finance。Journal of Economic Perspectives,4(2),19-33。  new window
38.Titman, Sheridan、Wessels, Roberto(1988)。The determinants of capital structure choice。The Journal of Finance,43(1),1-19。  new window
39.Rajan, Raghuram G.、Zingales, Luigi(1995)。What Do We Know about Capital Structure? Some Evidence from International Data。The Journal of Finance,50(5),1421-1460。  new window
40.Fazzari, Steven M.、Hubbard, R. Glenn、Petersen, Bruce C.、Blinder, Alan S.、Poterba, James M.(1988)。Financing constraints and corporate investment。Brookings Papers on Economic Activity,1988(1),141-206。  new window
41.Kaplan, Steven N.、Zingales, Luigi(1997)。Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?。The Quarterly Journal of Economics,112(1),169-215。  new window
42.Baker, Malcolm、Wurgler, Jeffrey(2007)。Investor sentiment in the stock market。Journal of Economic Perspectives,21(2),129-152。  new window
43.Finucane, M. L.、Alhakami, A.、Slovic, P.、Johnson, S. M.(2000)。The affect heuristic in judgments of risks and benefits。Journal of Behavioral Decision Making,13(1),1-17。  new window
44.Graham, John R.、Harvey, Campbell R.(2001)。The Theory and Practice of Corporate Finance: Evidence from the Field。Journal of Financial Economics,60(2/3),187-243。  new window
45.Bernanke, Ben S.、Gertler, Mark(1989)。Agency Costs, Net Worth, and Business Fluctuations。The American Economic Review,79(1),14-31。  new window
46.Kiyotaki, Nobuhiro、Moore, John(1997)。Credit Cycles。Journal of Political Economy,105(2),211-248。  new window
47.Baker, Malcolm、Stein, Jeremy C.、Wurgler, Jeffrey(2003)。When Does the Market Matter? Stock Prices and the Investment of Equity-dependent Firms。Quarterly Journal of Economics,118(3),969-1005。  new window
48.Baskin, Jonathan(1989)。An Empirical Investigation of the Pecking Order Hypothesis。Financial Management,18(1),26-35。  new window
49.Kang, Jun-Koo、Stulz, Rene M.(1997)。Why is there a home bias? An analysis of foreign portfolio equity ownership in Japan。Journal of Financial Economics,46(1),3-28。  new window
50.Baker, Malcolm P.、Wurgler, Jeffrey(2002)。Market Timing and Capital Structure。The Journal of Finance,57(1),1-32。  new window
51.Cook, Douglas O.、Tang, Tian(2010)。Macroeconomic Conditions and Capital Structure Adjustment Speed。Journal of Corporate Finance,16(1),73-87。  new window
52.DeAngelo, Harry、Masulis, Ronald W.(1980)。Optimal Capital Structure under Corporate and Personal Taxation。Journal of Financial Economics,8(1),3-29。  new window
53.Drobetz, Wolfgang、Wanzenried, Gabrielle(2006)。What Determines the Speed of Adjustment to the Target Capital Structure?。Applied Financial Economics,16(13),941-958。  new window
54.Fama, Eugene F.、French, Kenneth R.(2002)。Testing Trade-Off and Pecking Order Predictions About Dividends and Debt。Review of Financial Studies,15(1),1-33。  new window
55.Fischer, Edwin O.、Heinkel, Robert、Zechner, Josef(1989)。Dynamic Capital Structure Choice: Theory and Tests。The Journal of Finance,44(1),19-40。  new window
56.Flannery, Mark J.、Rangan, Kasturi P.(2006)。Partial Adjustment toward Target Capital Structures。Journal of Financial Economics,79(3),469-506。  new window
57.Hovakimian, Armen、Opler, Tim、Titman, Sheridan(2001)。The debt-equity choice。Journal of Financial and Quantitative Analysis,36(1),1-24。  new window
58.Leary, Mark T.、Roberts, Michael R.(2005)。Do Firms Rebalance Their Capital Structures?。The Journal of Finance,60(6),2575-2619。  new window
59.Scott, David F. Jr.、Martin, John D.(1975)。Industry Influence on Financial Structure。Financial Management,4(1),67-73。  new window
60.Stein, Jeremy C.(1996)。Rational capital budgeting in an irrational world。Journal of Business,69(4),429-455。  new window
61.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
62.Korajczyk, Robert A.、Levy, Amnon(2003)。Capital Structure Choice: Macroeconomic Conditions and Financial Constrains。Journal of Financial Economics,68(1),75-109。  new window
研究報告
1.Berkowitz, J.(20000912)。Incorporating Liquidity Risk into Value-at-Risk Models。Irvine:Graduate School of Management, University of California。  new window
2.Faulkender, M.、M. Flannery、K. Hankins、J. Smith(2011)。Cash Flows and Leverage Adjustments。  new window
3.McLean, D.、M. Zhao(2009)。Investor sentiment and real investment。University of Alberta。  new window
4.Devereux, M.、Schiantarelli, F.(1990)。Financial Factors, and Cash Flow: Evidence from U.K. Panel Data。  new window
圖書
1.Schwartz, Robert A.(1988)。Equity Markets: Structure, Trading, and Performance。Harper and Row Publishers。  new window
圖書論文
1.Schwartz, N.(1990)。Feelings as Information: Informational and Motivational Functions of Affective States。EHandbook of motivation and cognition: Foundations of social behavior。NY:Guilford。  new window
2.Mendelson, H.、Amihud, Y.(1989)。The effect of computer base trading on volatility and liquidity。The challenge of information technology for the securities markets, liquidity, volatility, and global trading。Homewood, Illinois:Dow Jones & Company, Inc.。  new window
 
 
 
 
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