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題名:政策不確定性對公司現金持有之影響:以臺灣上市公司為例
書刊名:管理學報
作者:盧建霖李建邦葉子瑄
作者(外文):Lu, Chien-linLee, Chien-pangYeh, Tzu-hsuan
出版日期:2021
卷期:38:3
頁次:頁381-409
主題關鍵詞:政策不確定性現金持有籌資能力Cash holdingsPrecautionary savingsPolicy uncertainty
原始連結:連回原系統網址new window
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  • 被引用次數被引用次數:期刊(0) 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:0
  • 共同引用共同引用:13
  • 點閱點閱:140
期刊論文
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2.Acharya, V.、Davydenko, S. A.、Strebulaev, I. A.(2012)。Cash Holdings and Credit Risk。Review of Financial Studies,25(12),3572-3609。  new window
3.Faulkender, Michael、Wang, Rong(2006)。Corporate Financial Policy and the Value of Cash。The Journal of Finance,61(4),1957-1990。  new window
4.Almeida, Heitor、Campello, Murillo、Weisbach, Michael S.(2004)。The cash flow sensitivity of cash。Journal of Finance,59(4),1777-1804。  new window
5.Hadlock, Charles J.、Pierce, Joshua R.(2010)。New evidence on measuring financial constraints: Moving beyond the KZ index。The Review of Financial Studies,23(5),1909-1940。  new window
6.Duchin, Ran、Ozbas, Oguzhan、Sensoy, Berk A.(2010)。Costly External Finance, Corporate Investment, and the Subprime Mortgage Credit Crisis。Journal of Financial Economics,97(3),418-435。  new window
7.McLean, R. David(2011)。Share issuance and cash savings。Journal of Financial Economics,99(3),693-715。  new window
8.Nordhaus, William D.(1975)。The Political Business Cycle。Review of Economic Studies,42(2),169-190。  new window
9.Riddick, Leigh A.、Whited, Toni M.(2009)。The corporate propensity to save。Journal of Finance,64(4),1729-1766。  new window
10.Masulis, Ronald W.、Wang, Cong、Xie, Fei(2009)。Agency Problems at Dual-Class Companies。Journal of Finance,64(4),1697-1727。  new window
11.盛治仁(20040500)。媒體、民調和議題--談競選過程中民意的變動性和穩定性。選舉研究,11(1),73-98。new window  延伸查詢new window
12.林嘉慧、林美倫、郭玟秀(20101200)。公司治理與超額現金持有之償付決策關係。中山管理評論,18(4),1051-1088。new window  延伸查詢new window
13.Pinkowitz, L.、Williamson, R.(2007)。What is the market value of a dollar of corporate cash?。Journal of Applied Corporate Finance,19(3),74-81。  new window
14.Song, K.、Lee, Y.(2012)。Long-term effects of a financial crisis: Evidence from cash holdings of East Asian firms。Journal of Financial and Quantitative Analysis,47(3),617-641。  new window
15.Whited, Toni M.、Wu, Guojun(2006)。Financial Constraints Risk。The Review of Financial Studies,19(2),531-559。  new window
16.Harford, J.(1999)。Corporate Cash Reserves and Acquisitions。Journal of Finance,54(6),1969-1997。  new window
17.Harford, Jarrad、Klasa, Sandy、Maxwell, William F.(2014)。Refinancing risk and cash holdings。The Journal of Finance,69(3),975-1012。  new window
18.Julio, B.、Yook, Y.(2016)。Policy uncertainty, irreversibility, and cross-border flows of capital。Journal of International Economics,103,13-26。  new window
19.陳以林、陳欣妤(20170600)。會計保守性、研發支出與現金持有。管理學報,34(2),257-275。new window  延伸查詢new window
20.Acharya, Viral V.、Mora, Nada(2015)。A crisis of banks as liquidity providers。Journal of Finance,70(1),1-43。  new window
21.Harford, Jarrad、Mansi, Sattar A.、Maxwell, William F.(2008)。Corporate governance and firm cash holdings in the U.S.。Journal of Financial Economics,87(3),535-555。  new window
22.Palazzo, Berardino(2012)。Cash holdings, risk, and expected returns。Journal of Financial Economics,104(1),162-185。  new window
23.Ang, J.、Smedema, A.(2011)。Financial flexibility: Do firms prepare for recession?。Journal of Corporate Finance,17(3),774-787。  new window
24.Foley, C. F.、Hartzell, J. C.、Titman, S.、Twite, G.(2007)。Why do firms hold so much cash? A tax-based explanation。Journal of Financial Economics,86(3),579-607。  new window
25.Kusnadi, Y.、Wei, K. C. J.(2011)。The determinants of corporate cash management policies: Evidence from around the world。Journal of Corporate Finance,17(3),725-740。  new window
26.Brogaard, Jonathan、Detzel, Andrew(2015)。The asset-pricing implications of government economic policy uncertainty。Management Science,61(1),3-18。  new window
27.Bolton, Patrick、Chen, Hui、Wang, Neng(2013)。Market timing, investment, and risk management。Journal of Financial Economics,109(1),40-62。  new window
28.Dittmar, Amy K.、Mahrt-Smith, Jan、Servaes, Henri(2003)。International Corporate Governance and Corporate Cash Holdings。Journal of Financial and Quantitative Analysis,38(1),111-133。  new window
29.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
30.Bonaime, Alice、Gulen, Huseyin、Ion, Mihai(2018)。Does policy uncertainty affect mergers and acquisitions?。Journal of Financial Economics,129(3),531-558。  new window
31.Huang, Jian、Jain, Bharat A.、Kini, Omesh(2019)。Industry tournament incentives and the product-market benefits of corporate liquidity。Journal of Financial and Quantitative Analysis,54(2),829-876。  new window
32.蘇玄啟、羅仙法、施懿宸、李汶育(20160600)。臺灣上市公司的現金持有、現金持有價值與公司生命週期:預防性動機假說之驗證。臺大管理論叢,26(2),173-209。new window  延伸查詢new window
33.He, Z.、Wintoki, M. B.(2016)。The cost of innovation: R&D and high cash holdings in U.S. firms。Journal of Corporate Finance,41,280-303。  new window
34.陳美華、蔡俊佑(20101200)。公司治理對於企業持有現金價值之影響。臺灣銀行季刊,61(4),227-243。new window  延伸查詢new window
35.蔡明宏、翁培師、王子綾、張航(20200300)。家族企業與集團企業中董事會性別組成對公司的影響:績效、研發投資以及現金持有。管理學報,37(1),35-68。new window  延伸查詢new window
36.Kim, Olivia S.(2019)。Does Political Uncertainty Increase External Financing Costs? Measuring the Electoral Premium in Syndicated Lending。Journal of Financial and Quantitative Analysis,54(5),2141-2178。  new window
37.Phan, H. V.、Simpson, T.、Nguyen, H. T.(2017)。Tournament-Based Incentives, Corporate Cash Holdings, and the Value of Cash。Journal of Financial and Quantitative Analysis,52(4),1519-1550。  new window
38.Xu, N.、Chen, Q.、Xu, Y.、Chan, K. C.(2016)。Political uncertainty and cash holdings: Evidence from China。Journal of Corporate Finance,40,276-295。  new window
39.Bates, T. W.、Chang, C.-H.、Chi, J. D.(2018)。Why has the value of cash increased over time?。Journal of Financial and Quantitative Analysis,53(2),749-787。  new window
40.Bhattacharya, U.、Hsu, P.-H.、Tian, X.、Xu, Y.(2017)。What affects innovation more: Policy or policy uncertainty?。Journal of Financial and Quantitative Analysis,52(5),1869-1901。  new window
41.Caprio, L.、Del Giudice, A.、Signori, A.(2020)。Cash holdings in family firms: CEO identity and implications for firm value。European Financial Management,26(2),386-415。  new window
42.Chen, H.-C.、Chou, R. K.、Lu, C.-L.(2018)。Saving for a rainy day: Evidence from the 2000 dot-com crash and the 2008 credit crisis。Journal of Corporate Finance,48,680-699。  new window
43.Chen, Y.、Dou, P. Y.、Rhee, S. G.、Truong, C.、Veeraraghavan, M.(2015)。National culture and corporate cash holdings around the world。Journal of Banking and Finance,50,1-18。  new window
44.Duong, H. N.、Nguyen, J. H.、Nguyen, M.、Rhee, S. G.(2020)。Navigating through economics policy uncertainty: The role of corporate cash holdings。Journal of Corporate Finance,62。  new window
45.Durán, R. F.、Lozano, M. B.、Yaman, S.(2016)。Is family control relevant for corporate cash holding policy?。Journal of Business Finance and Accounting,43(9/10),1325-1360。  new window
46.Faulkender, M. W.、Hankins, K. W.、Petersen, M. A.(2019)。Understanding the rise in corporate cash: Precautionary savings or foreign taxes。Review of Financical Studies,32(9),3299-3334。  new window
47.Liu, L. X.、Shu, H.、Wei, K. C. J.(2017)。The impacts of political uncertainty on asset prices: Evidence from the Bo scandal in China。Journal of Financial Economics,125(2),286-310。  new window
48.Pinkowitz, L.、Sturgess, J.、Williamson, R.(2013)。Do cash stockpiles fuel cash acquisitions?。Journal of Corporate Finance,23,128-149。  new window
49.Bates, Thomas W.、Kahle, Kathleen M.、Stulz, René M.(2009)。Why do U.S. firms hold so much more cash than they used to?。The Journal of Finance,64(5),1985-2021。  new window
50.Denis, David J.、Sibilkov, Valeriy(2010)。Financial Constraints, Investment, and the Value of Cash Holdings。The Review of Financial Studies,23(1),247-269。  new window
51.Jensen, Michael C.(1986)。Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers。The American Economic Review,76(2),323-329。  new window
52.Dittmar, Amy、Mahrt-Smith, Jan(2007)。Corporate Governance and the Value of Cash Holdings。Journal of Financial Economics,83(3),599-634。  new window
53.Opler, Tim、Pinkowitz, Lee、Stulz, René M.、Williamson, Rohan(1999)。The determinants and implications of corporate cash holdings。Journal of Financial Economics,52(1),3-46。  new window
54.Fama, Eugene F.、MacBeth, James D.(1973)。Risk, Return, and Equilibrium: Empirical Tests。Journal of Political Economy,81(3),607-636。  new window
研究報告
1.Hou, K.、Tang, K.、Zhang B.(2019)。Political uncertainty and commodity markets。Fisher College of Business.。  new window
圖書
1.Drazen, A.(2018)。Political economy in macroeconomics。Princeton University Press。  new window
 
 
 
 
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