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題名:應計項目與價值--成長型股異常現象關聯性之驗證
書刊名:輔仁管理評論
作者:吳貞和 引用關係洪振虔 引用關係張俊文 引用關係
作者(外文):Wu, Chen-hoHung, Chen-chienChang, Jun-wen
出版日期:2019
卷期:26:2
頁次:頁1-41
主題關鍵詞:應計項目價值-成長股錯誤評價市價淨值比AccrualsValue-glamour stocksMispricingMarket-to-book ratio
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(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:41
  • 點閱點閱:9
期刊論文
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2.Hou, Kewei、Moskowitz, Tobias J.(2005)。Market frictions, price delay, and the cross-section of expected returns。Review of Financial Studies,18(3),981-1020。  new window
3.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
4.Barth, Mary E.、Hutton, Amy P.(2004)。Analyst Earnings Forecast Revisions and the Pricing of Accruals。Review of Accounting Studies,9(1),59-96。  new window
5.Vassalou, Maria、Xing, Yuhang(2004)。Default risk in equity returns。Journal of Finance,59(2),831-868。  new window
6.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
7.Dechow, Patricia M.、Kothari, Sagar P.、Watts, Ross L.(1998)。The Relation between Earnings and Cash Flows。Journal of Accounting and Economics,25(2),133-168。  new window
8.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
9.Polk, C.、Sapienza, P.(2009)。The stock market and corporate investment: A test of catering theory。Review of Financial Studies,22(1),187-217。  new window
10.Xie, H.(2001)。The Mispricing of Abnormal Accruals。The Accounting Review,76(3),357-373。  new window
11.McNichols, Maureen F.(2000)。Research design issues in earnings management studies。Journal of Accounting and Public Policy,19(4/5),313-345。  new window
12.Piotroski, Joseph D.、So, Eric C.(2012)。Identifying Expectation Errors in Value/Glamour Strategies: A Fundamental Analysis Approach。Review of Financial Studies,25(9),2841-2875。  new window
13.Richardson, S. A.、Sloan, R. G.、Soliman, M. T.、Tuna, İ.(2005)。Accrual reliability, earnings persistence and stock prices。Journal of Accounting and Economics,39(3),437-485。  new window
14.Collins, D. W.、Gong, G.、Hribar, P.(2003)。Investor Sophistication and the Mispricing of Accruals。Review of Accounting Studies,8(2/3),251-276。  new window
15.La Porta, R.(1996)。Expectations and the cross-section of stock returns。Journal of Finance,51(5),1715-1742。  new window
16.Desai, H.、Rajgopal, S.、Venkatachalam, M.(2004)。Value-glamour and accruals mispricing: One anomaly or two?。The Accounting Review,79(2),355-385。  new window
17.Fairfield, P. M.、Whisenant, J. S.、Yohn, T. L.(2003)。Accrued earnings and growth: Implications for future profitability and market mispricing。The Accounting Review,78(1),353-371。  new window
18.Zhang, X. F.(2007)。Accruals, Investment, and the Accrual Anomaly。The Accounting Review,82(5),1333-1363。  new window
19.Wu, J. G.、Zhang, L.、Zhang, X. F.(2010)。The q-theory approach to understanding the accrual anomaly。Journal of Accounting Research,48(1),177-223。  new window
20.Vichitsarawong, T.、Eng, L. L.、Meek, G. K.(2010)。The Impact of the Asian Financial Crisis on Conservatism and Timeliness of Earnings: Evidence from Hong Kong, Malaysia, Singapore, and Thailand。Journal of International Financial Management & Accounting,21(1),32-61。  new window
21.Khan, Mozaffar、Watts, Ross L.(2009)。Estimation and Empirical Properties of a Firm-Year Measure of Accounting Conservatism。Journal of Accounting and Economics,48(2/3),132-150。  new window
22.Hui, K. W.、Matsunaga, S.、Morse, D.(2009)。The impact of conservatism on management earnings forecasts。Journal of Accounting and Economics,47(3),192-207。  new window
23.Fama, Eugene F.、French, Kenneth R.(2000)。Forecasting Profitability and Earnings。Journal of Business,73(2),161-175。  new window
24.Hou, Kewei、Van Dijk, Mathijs A.、Zhang, Yinglei(2012)。The Implied Cost of Capital: A New Approach。Journal of Accounting and Economics,53(3),504-526。  new window
25.Brav, A.、Gompers, P. A.(1997)。Myth or Reality? The Long-Run Underperformance of Initial Public Offerings: Evidence from Venture and Nonventure Capital-Backed Companies。Journal of Finance,52(5),1791-1821。  new window
26.Feltham, Gerald A.、Ohlson, James A.(1995)。Valuation and clean surplus accounting for operating and financial activities。Contemporary Accounting Research,11(2),689-731。  new window
27.García Lara, Juan Manuel、Osma, B. Garcia、Penalva, F.(2011)。Conditional conservatism and cost of capital。Review of Accounting Studies,16(2),247-271。  new window
28.García Lara, Juan Manuel、García Osma, Beatriz、Penalva, Fernando(2016)。Accounting conservatism and firm investment efficiency。Journal of Accounting and Economics,61(1),221-238。  new window
29.Gow, I. D.、Ormazabal, G.、Taylor, D. J.(2010)。Correcting for cross-sectional and time-series dependence in accounting research。The Accounting Review,85(2),483-512。  new window
30.Fama, Eugene F.、French, Kenneth R.(2015)。A Five-Factor Asset Pricing Model。Journal of Financial Economics,116(1),1-22。  new window
31.Hirshleifer, D.、Hou, K.、Teoh, S. H.(2012)。The Accrual Anomaly: Risk or Mispricing。Management Science,58(2),320-335。  new window
32.Fama, E. F.、French, K. R.(2016)。Dissecting anomalies with a five-factor model。Review of Financial Studies,29(1),69-103。  new window
33.Rhodes-Kropf, Matthew、Robinson, David T.、Viswanathan, S.(2005)。Valuation waves and merger activity: The empirical evidence。Journal of Financial Economics,77(3),561-603。  new window
34.Smith, Clifford W. Jr.、Watts, Ross L.(1992)。The Investment Opportunity Set and Corporate Financing, Dividend, and Compensation Policies。Journal of Financial Economics,32(3),263-292。  new window
35.Basu, Sudipta(1997)。The conservatism principle and the asymmetric timeliness of earnings。Journal of Accounting and Economics,24(1),3-37。  new window
36.Givoly, Dan、Hayn, Carla K.(2000)。The changing time-series properties of earnings, cash flows and accruals: Has financial reporting become more conservative?。Journal of Accounting & Economics,29(3),287-320。  new window
37.Ohlson, James A.(1995)。Earnings, Book Values, and Dividends in Equity Valuation。Contemporary Accounting Research,11(2),661-687。  new window
38.Lo, Andrew W.、MacKinlay, A. Craig(1990)。When Are Contrarian Profits Due to Stock Market Overreaction?。The Review of Financial Studies,3(2),175-205。  new window
39.Petersen, Mitchell A.(2009)。Estimating standard errors in finance panel data sets: Comparing approaches。The Review of Financial Studies,22(1),435-480。  new window
40.曹壽民、翁慈青、黃仲賢(20080200)。應計項目與非財務指標異常現象之探討。管理學報,25(1),85-107。new window  延伸查詢new window
41.Lewellen, J.(2010)。Accounting anomalies and fundamental analysis: An alternative view。Journal of Accounting and Economics,50(2/3),455-466。  new window
42.Lewellen, J.、Resutek, R. J.(2016)。The predictive power of investment and accruals。Review of Accounting Studies,21(4),1046-1080。  new window
43.McNichols, M.、Rajan, M.、Reichelstein, S.(2013)。Conservatism correction for the market-to-book ratio and Tobin's q。Review of Accounting Studies,19(4),1393-1435。  new window
44.洪榮華、雷雅淇(20020700)。公司規模、股價、益本比、淨值市價比與股票報酬關係之實證研究。管理評論,21(3),25-48。new window  延伸查詢new window
45.Baker, Malcolm、Wurgler, Jeffrey(2006)。Investor sentiment and the cross-section of stock returns。The Journal of Finance,61(4),1645-1680。  new window
46.Beaver, W. H.、Ryan, S. G.(2005)。Conditional and unconditional conservatism: Concepts and modeling。Review of Accounting Studies,10(2/3),269-309。  new window
47.Lindenberg, Eric B.、Ross, Stephen A.(1981)。Tobin's q ratio and industrial organization。The Journal of Business,54(1),1-32。  new window
48.Baker, Malcolm P.、Wurgler, Jeffrey(2002)。Market Timing and Capital Structure。The Journal of Finance,57(1),1-32。  new window
49.Beaver, William H.(2002)。Perspectives on Recent Capital Market Research。The Accounting Review,77(2),453-474。  new window
50.Fama, Eugene F.、French, Kenneth R.(1992)。The Cross-Section of Expected Stock Returns。The Journal of Finance,47(2),427-465。  new window
51.Lakonishok, Josef、Shleifer, Andrei、Vishny, Robert W.(1994)。Contrarian Investment, Extrapolation, and Risk。Journal of Finance,49(5),1541-1578。  new window
52.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
53.Rosenberg, Barr、Reid, Kenneth、Lanstein, Ronald(1985)。Persuasive evidence of market inefficiency。Journal of Portfolio Management,11(3),9-16。  new window
54.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
55.Chen, Nai-Fu、Zhang, Feng(1998)。Risk and return of value stocks。The Journal of Business,71(4),501-535。  new window
56.Ko, Kuan-Cheng、Lin, Shinn-Juh、Su, Hsiang-Ju、Chang, Hsing-Hua(2014)。Value Investing and Technical Analysis in Taiwan Stock Market。Pacific-Basin Finance Journal,26,14-36。  new window
57.Ding, David K.、Chua, Jia Leng、Fetherston, Thomas A.(2005)。The Performance of Value and Growth Portfolios in East Asia before the Asian Financial Crisis。Pacific-Basin Finance Journal,13(2),185-199。  new window
研究報告
1.Zach, T.(2003)。Inside the Accrual Anomaly。St. Louis:Washington University。  new window
2.Biddle, G. C.、Ma, M. L.、Song, F. M.(2010)。Accounting conservatism and bankruptcy risk。University of Hong Kong。  new window
3.Ng, J.(2005)。Distress risk information in accruals。University of Pennsylvania。  new window
4.Penman, S. H.、Zhang, X. J.(2016)。Connecting book rate of return to risk and return: The information conveyed by conservative accounting。Columbia University。  new window
5.Penman, S. H.、Reggiani, F.、Richardson, S. A.、Tuna, A.(2015)。An accounting based characteristic model for asset pricing。Columbia University。  new window
圖書
1.Graham, Benjamin、Dodd, David L.(1934)。Security analysis: principles and technique。McGraw-Hill。  new window
圖書論文
1.Mishkin, F. S.(1983)。The Econometric Methodology。A Rational Expectations Approach to Macroeconomics: Testing Policy Ineffectiveness and Efficient Markets Models。Chicago, IL:University of Chicago Press for the National Bureau of Economic Research。  new window
 
 
 
 
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