期刊論文| 1. | Lee, Bong Soo、Li, Wei、Wang, Steven Shuye(2010)。The dynamics of individual and institutional trading on the Shanghai Stock Exchange。Pacific-Basin Finance Journal，18(1)，116-137。   |
| 2. | Healy, Paul M.、Palepu, Krishna G.(1988)。Earnings information conveyed by dividend initiations and omissions。Journal of Financial Economics，21(2)，149-175。 |
| 3. | Aggarwal, Reena、Klapper, Leora、Wysocki, Peter D.(2005)。Portfolio Preferences of Foreign Institutional Investors。Journal of Banking and Finance，29(12)，2919-2946。 |
| 4. | Allen, Franklin、Bernardo, Antonio E.、Welch, Ivo(2000)。A Theory of Dividends Based on Tax Clienteles。Journal of Finance，55，2499-2536。 |
| 5. | Huang, Chin-Sheng、You, Chun-Fan、Lin, Szu-Hsien(2009)。Cash dividends, stock dividends and subsequent earnings growth。Pacific-Basin Finance Journal，17(5)，594-610。 |
| 6. | Choe, Hyuk、Kho, Bong-Chan、Stulz, René M.(2005)。Do domestic investors have an edge? The trading experience of foreign investors in Korea。Review of Financial Studies，18(3)，795-829。 |
| 7. | Aharony, Joseph、Dotan, Amihud(1994)。Regular dividend announcements and future unexpected earnings: An empirical analysis。Financial Review，29(1)，125-151。 |
| 8. | Benartzi, Shlomo、Michaely, Roni、Thaler, Richard H.(1997)。Do changes in dividends signal the future or the past?。Journal of Finance，52(3)，1007-1034。 |
| 9. | Puckett, Andy、Yan, Xuemin(2011)。The interim trading skills of institutional investors。Journal of Finance，66(2)，601-633。 |
| 10. | Rhee, S. Ghon、Wang, Jianxin(2009)。Foreign institutional ownership and stock market liquidity: Evidence from Indonesia。Journal of Banking and Finance，33(7)，1312-1324。 |
| 11. | Nofsinger, John R.(2001)。The Impact of Public Information on Investors。Journal of Banking and Finance，25(7)，1339-1366。 |
| 12. | Kothari, Sagar P.、Warner, Jerold B.(2001)。Evaluating Mutual Fund Performance。Journal of Finance，56(5)，1985-2010。 |
| 13. | Kothari, Sagar P.、Shu, Susan、Wysocki, Peter D.(2009)。Do managers withhold bad news?。Journal of Accounting Research，47(1)，241-276。 |
| 14. | Cai, Fang、Zheng, Lu(2004)。Institutional Trading and Stock Returns。Finance Research Letters，1(3)，178-189。 |
| 15. | Michaely, Roni、Thaler, Richard H.、Womack, Kent L.(1995)。Price Reactions to Dividend Initiations and Omissions: Overreaction or Drift?。Journal of Finance，50(2)，573-608。 |
| 16. | Moh'd, Mahmoud A.、Perry, Larry G.、Rimbey, James N.(1995)。An Investigation of the Dynamic Relationship between Agency Theory and Dividend Policy。Financial Review，30，367-385。 |
| 17. | La Porta, Rafael、Lopez-de-Silanes, Florencio、Shleifer, Andrei、Vishny, Robert W.(2000)。Agency Problems and Dividend Policies around the World。Journal of Finance，55(1)，1-33。 |
| 18. | Hung, Weifeng(2014)。Institutional Trading and Attention Bias。Journal of International Financial Markets, Institutions and Money，29，71-91。 |
| 19. | 屠美亞、蔡湛成(20070800)。Are Dividends Informative for New Stock Issuances: A New Explanation and New Evidence。財務金融學刊，15(3)，43-66。 |
| 20. | Ball, Ray、Finn, Frank J.(1989)。The Effect of Block Transactions on Share Prices: Australian Evidence。Journal of banking & Finance，13(3)，397-419。 |
| 21. | Georgen, Marc、Renneboog, Luc、da Silva, Luis C.(2005)。When do German firms change their dividends?。Journal of Corporate Finance，11，375-399。 |
| 22. | Ho, Shih-Jen K.、Wu, Chunchi(2001)。The earnings information content of dividend initiations and omissions。Journal of Business Finance and Accounting，28，963-977。 |
| 23. | Lin, Yi-Hua、Chiou, Jeng-Ren、Chen, Yenn-Ru(2010)。Ownership structure and dividend preference: Evidence from China's privatized state-owned enterprises。Emerging Markets Finance and Trade，46(1)，56-74。 |
| 24. | Yang, Shu-Ling、Chen, Hsien-Yi、Yu, Chih-Hsien(2006)。Trading intensity, institutional ownership and institutional investors' trading behavior。Journal of Financial Studies，14，41-72。 |
| 25. | Grinblatt, Mark、Keloharju, Matti(2000)。The Investment Behavior and Performance of Various Investor Types: A Study of Finland's Unique Data Set。Journal of Financial Economics，55(1)，43-67。 |
| 26. | Nofsinger, John R.、Sias, Richard W.(1999)。Herding and Feedback Trading by Institutional and Individual Investors。The Journal of Finance，54(6)，2263-2295。 |
| 27. | Barber, Brad M.、Lee, Yi-Tsung、Liu, Yu-Jane、Odean, Terrance(2009)。Just How Much Do Individual Investors Lose by Trading?。The Review of Financial Studies，22(2)，609-632。 |
| 28. | Holthausen, Robert W.、Leftwich, Richard W.、Mayers, David(1987)。The effect of large block transactions on security prices: A cross-sectional analysis。Journal of Financial Economics，19(2)，237-267。 |
| 29. | Nissim, Doron、Ziv, Amir(2001)。Dividend changes and future profitability。Journal of Finance，56(6)，2111-2133。 |
| 30. | Ferreira, Miguel A.、Matos, Pedro(2008)。The colors of investors' money: the role of institutional investors around the world。Journal of Financial Economics，88(3)，499-533。 |
| 31. | Yan, Xuemin Sterling、Zhang, Zhe(2009)。Institutional investors and equity returns: Are short-term institutions better informed?。The Review of Financial Studies，22(2)，893-924。 |
| 32. | Fama, Eugene F.、French, Kenneth R.(1993)。Common risk factors in the returns on stocks and bonds。Journal of Financial Economics，33(1)，3-56。 |
| 33. | Gompers, Paul A.、Ishii, Joy L.、Metrick, Andrew(2003)。Corporate Governance and Equity Prices。The Quarterly Journal of Economics，118(1)，107-156。 |
| 34. | Jensen, Michael C.(1986)。Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers。The American Economic Review，76(2)，323-329。 |
| 35. | Lintner, John(1956)。Distribution of incomes of corporations among dividends, retained earnings, and taxes。American Economic Review，46(2)，97-113。 |
| 36. | Jegadeesh, Narasimhan、Titman, Sheridan(1993)。Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency。The Journal of Finance，48(1)，65-91。 |
| 37. | Barber, Brad M.、Odean, Terrance(2008)。All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors。Review of Financial Studies，21(2)，785-818。 |
| 38. | Kaniel, Ron、Saar, Gideon、Titman, Sheridan(2008)。Individual investor trading and stock returns。Journal of Finance，63(1)，273-310。 |
| 39. | Altiok-Yilmaz, Ayse、Akben-Selcuk, Elif(2010)。Information Content of Dividends: Evidence from Istanbul Stock Exchange。International Business Research，3(3)，126-132。 |