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題名:以文字探勘分析社群網站對於股價之影響--以蘋果概念股為例
書刊名:全球商業經營管理學報
作者:紀宗利李樑堅林意芸
作者(外文):Chi, Tsung-liLee, Liang-chengLin, Yi-yun
出版日期:2018
卷期:10
頁次:頁1-12
主題關鍵詞:事件研究法社群網站蘋果供應鏈公司文字探勘Event studiesSocial mediaApple concept stockText mining
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:2
  • 點閱點閱:9
台灣是蘋果主要的供應鏈廠商,任何一點風吹草動亦可能會對供應鏈股價造成影響,因此本研究結合社群網站對於消息即時性的掌握程度應對於蘋果產業供應鏈,以事件研究法及異常報酬做為探討消息與發生事件之間將會對供應鏈廠商股價造成何謂影響,並進一步探討蘋果供應鏈公司之間的異常報酬,以補充過去研究對於概念股價值研究之不足,進而分析新訊息對企業價值的影響。過往文獻分析以單項產品為主軸,再進而檢驗相關公司股價異常報酬、或競爭對手與整體產業之影響,但在現代資訊普及化之下,很多即時消息能夠以最快速速度傳播,不論消息正確與否,供應鏈廠商為投資人關心利潤的主要關鍵。而以文字探勘尋找社群的文獻很多,不過深入以對於供應鏈廠商之股價反應提出分析的文獻很少,本研究結合文字探勘的優勢,以事件研究法分析蘋果公司重要之訊息及產業供應鏈廠商,實證其相關訊息對異常報酬之影響。並驗證在事件日宣布前幾天若有相關新聞出現,股價是否會有提前反應之效果。實證結果發現社群網站消息會確實反應在蘋果供應鏈的廠商,並且有提前反應的效果產生,而宣告日之後有過度反應產生負向的修正效果。
Taiwan is Apple's main supply chain manufacturer. Any kind of turmoil may affect the supply chain's stock price. Therefore, this study combines the community website's mastery of the message's immediacy to the Apple industry supply chain, event research method and abnormal payment. As a discussion of what impact the news and events will have on the supply chain's stock price, and further explore the abnormal remuneration between Apple's supply chain companies, to supplement the lack of research on the value of the concept stocks in the past, and then analyze the new information the impact of corporate value. In the past, the literature analysis took the single product as the main axis, and then tested the abnormal remuneration of the relevant company's stock price, or the influence of competitors and the overall industry. There are many literatures for searching for the community in the form of text exploration. This study combines the advantages of text exploration and analyzes Apple's important information and industrial supply chain by event research method. Vendors demonstrate the impact of their related information on abnormal returns. And verify that if there is relevant news in the days before the announcement of the event day, the stock price will have the effect of reacting in advance. The empirical results show that the community website news will indeed reflect the manufacturers in the Apple supply chain, and the effect of early response is generated, and the overreaction after the announcement date has a negative correction effect.
期刊論文
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2.Huberman, Gur、Regev, Tomer(2001)。Contagious Speculation and a Cure for Cancer: A Nonevent That Made Stock Prices Soar。The Journal of Finance,56(1),387-396。  new window
3.Tetlock, Paul C.(2010)。Does public financial news resolve asymmetric information?。Review of Financial Studies,23(9),3520-3557。  new window
4.Salton, G.、Allan, J.、Buckley, C.(1994)。Automatic structuring and retrieval of large text files。Communications of the ACM,37(2),97-108。  new window
5.Busse, J. A.、Green, T. C.(2002)。Market efficiency in real time。Journal of Financial Economics,65,415-437。  new window
6.Klibanoff, P.、Lamont, O.、Wizman, T. A.(1998)。Investor reaction to salient news in closed-end country funds。Journal of Finance,53(2),673-699。  new window
7.Fang, Lily H.、Peress, Joel(2009)。Media coverage and the cross-section of stock returns。Journal of Finance,64(5),2023-2052。  new window
8.Lazarus, Richard S.(1991)。Cognition and motivation in emotion。American Psychologist,46(4),352-367。  new window
9.Bagnoli, M.、Beneish, M. D.、Watts, S. G.(1999)。Whisper forecasts of quarterly earnings per share。Journal of Accounting and Economics,28,27-50。  new window
10.高麗萍、謝佳臻、邵姵雅(20140900)。新產品宣告對供應鏈廠商股價影響之研究--以蘋果iPad與iPhone宣告為例。管理資訊計算,3(2),31-44。new window  延伸查詢new window
11.池祥萱、林煜恩、陳韋如、周賓凰(2009)。公司執行長的媒體曝光度會影響公司績效嗎?。交大管理學報,29,139-173。  延伸查詢new window
12.Liu, B.、Cao, S. G.、He, W.(2011)。Distributed data mining for e- business。Information Technology and Management,12(2),67-79。  new window
13.Bergholz, A.、De Beer, J.、Glahn, S.、Moens, M. F.、Paaß, G.、Strobel, S.(2010)。New filtering approaches for phishing email。Journal of computer security,18(1),7-35。  new window
14.Chiang, I-ping、Wen, Yean-fu、Luo, Yu-chun、Li, Ming-chien、Hsu, Chiao-ying(2014)。Using Text Mining Techniques to Analyze How Movie Forums Affect the Box Office。International Journal of Electronic Commerce Studies,5(1),91-96。new window  new window
15.Gemar, G.、Jimenez-Quintero, J. A.(2015)。Text mining social media for competitive analysis。Tourism & Management Studies,11(1),84-90。  new window
16.McGonagle, J. J.、Vella, C. M.(2002)。A case for competitive intelligence。Information Management,36(4)。  new window
17.Harris, Milton、Raviv, Artur(1993)。Differences of Opinion Make a Horse Race。Review of Financial Studies,6(3),473-506。  new window
18.Antweiler, Werner、Frank, Murray Z.(2004)。Is All That Talk Just Noise? The Information Content of Internet Stock Message Boards。The Journal of Finance,59(3),1259-1294。  new window
研究報告
1.Wysocki, Peter D.(1999)。Cheap Talk on the Web: The Determinants of Postings on Stock Message Boards。University of Michigan。  new window
2.Kim, Young Han、Meschke, Felix(2011)。CEO Interviews on CNBC。  new window
3.Dougal, Casey、Engelberg, Joseph、Garcia, Diego、Parsons, Christopher A.(2011)。Journalists and the Stock Market。  new window
學位論文
1.章秉純(2002)。以機器學習與文字探勘技術解整合文件分類問題(碩士論文)。國立臺灣大學。  延伸查詢new window
2.黃燕萍(1999)。中文社會新聞文件資訊擷取(碩士論文)。國立雲林科技大學。  延伸查詢new window
3.歐孟賢(2016)。新聞標題對閱聽者影響之情感分析研究(碩士論文)。國立臺南大學。  延伸查詢new window
4.吳俊賢(2014)。iPhone新聞宣告事件對台灣供應鏈廠商股價報酬之影響(碩士論文)。國立雲林科技大學。  延伸查詢new window
5.鍾任明、李維平、吳澤民(2007)。運用文字探勘於日内股價漲跌趨勢預測之研究(碩士論文)。中原大學。  延伸查詢new window
6.鄒函升(2013)。新聞輿情與民意偵測追蹤之研究--大資料之研究取向(碩士論文)。國立政治大學。  延伸查詢new window
圖書
1.Sullivan, D.(2001)。Document Warehousing and Text Mining。IBM Almaden Research Center。  new window
2.謝邦昌、謝邦彥(2016)。大數據:語意分析整合篇。五南圖書出版有限公司。  延伸查詢new window
3.張春興(1997)。心理學。臺北市:東華書局。  延伸查詢new window
4.Miner, G.(2012)。Practical text mining and statistical analysis for non-structured text data applications。Academic Press。  new window
其他
1.Kolata, Gina(19980503)。Hope in the lab: A special report.; A Cautious Awe Greets Drugs that Eradicate Tumors in Mice。  new window
 
 
 
 
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