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題名:Executive Stock Options, Corporate Cash Holdings and M&A Decisions
書刊名:臺大管理論叢
作者:黃幼琳陳嬿如陳佰弦
作者(外文):Huang, Yu-linChen, Yenn-ruChen, Bai-sian
出版日期:2021
卷期:31:1
頁次:頁71-115
主題關鍵詞:高階主管股票選擇權現金持有企業併購Executive stock optionsCorporate cash holdingsMergers and acquisitions
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:0
  • 點閱點閱:13
期刊論文
1.Chatterjee, Sayan、Lubatkin, Michael(1990)。Corporate mergers, stockholder diversification, and changes in systematic risk。Strategic Management Journal,11(4),255-268。  new window
2.Duan, J. C.、Wei, J.(2005)。Executive stock options and incentive effects due to systematic risk。Journal of Banking and Finance,29(5),1185-1211。  new window
3.Phillips, Gordon M.、Zhdanov, Alexei(2013)。R&D and the Incentives from Merger and Acquisition Activity。The Review of Financial Studies,26(1),34-78。  new window
4.Fuller, Kathleen、Netter, Jeffry、Stegemoller, Mike(2002)。What do returns to acquiring firms tell us? Evidence from firms that make many acquisitions。The Journal of Finance,57(4),1763-1793。  new window
5.Jemison, D. B.、Sitkin, S. B.(1986)。Corporate acquisitions: A process perspective。Academy of Management Review,11(1),145-163。  new window
6.Pástor, Ľuboš、Veronesi, Pietro(2009)。Technological revolutions and stock prices。American Economic Review,99(4),1451-1483。  new window
7.Datta, Sudip、Iskandar-Datta, M.、Raman, K.(2001)。Executive compensation and corporate acquisition decisions。Journal of Finance,56(6),2299-2336。  new window
8.McLean, R. David(2011)。Share issuance and cash savings。Journal of Financial Economics,99(3),693-715。  new window
9.Travlos, Nickolaos G.(1987)。Corporate Takeover Bids, Methods of Payment, and Bidding Firms' Stock Returns。The Journal of Finance,42(4),943-963。  new window
10.Guay, W. R.(1999)。The sensitivity of CEO wealth to equity risk: An analysis of the magnitude and determinants。Journal of Financial Economics,53(1),43-71。  new window
11.Lewellen, Katharina(2006)。Financing decisions when Managers are risk averse。Journal of Financial economics,82(3),551-589。  new window
12.Haugen, R. A.、Senbet, L. W.(1981)。Resolving the agency problems of external capital through options。Journal of Finance,36(3),629-647。  new window
13.Ross, S. A.(2004)。Compensation, Incentives, and the Duality of Risk Aversion and Riskiness。Journal of Finance,59(1),207-225。  new window
14.Armstrong, C. S.、Vashishtha, R.(2012)。Executive stock options, differential risk-taking incentives, and firm value。Journal of Financial Economics,104(1),70-88。  new window
15.Core, J.、Guay, W.(2002)。Estimating the value of employee stock option portfolios and their sensitivities to price and volatility。Journal of Accounting Research,40(3),613-630。  new window
16.Chen, Y. R.(2008)。Corporate Governance and Cash Holdings: Listed New Economy versus Old Economy Firms。Corporate Governance: An International Review,16(5),430-442。  new window
17.Harford, Jarrad(1999)。Corporate Cash Reserves and Acquisitions。The Journal of Finance,54(6),1969-1997。  new window
18.Murphy, Kevin J.(2003)。Stock-based Pay in New Economy Firms。Journal of Accounting and Economics,34(1-3),129-147。  new window
19.Lubatkin, Michael(1983)。Mergers and the Performance of the Acquiring Firm。Academy of Management Review,8(2),218-225。  new window
20.Low, A.(2009)。Managerial Risk-taking Behavior and Equity-based Compensation。Journal of Financial Economics,92(3),470-490。  new window
21.Coles, J. L.、Daniel, N. D.、Naveen, L.(2006)。Managerial Incentives and Risk-taking。Journal of Financial Economics,79(2),431-468。  new window
22.Carpenter, J. N.(2000)。Does option compensation increase managerial risk appetite?。The Journal of Finance,55(5),2311-2331。  new window
23.Bates, T. W.、Kahle, K. M.、Stulz, R. M.(2009)。Why do US firms hold so much more cash than they used to?。The Journal of Finance,64(5),1985-2021。  new window
24.Liu, Yixin、Mauer, David C.(2011)。Corporate cash holdings and CEO compensation incentives。Journal of Financial Economics,102(1),183-198。  new window
25.Lubatkin, M. A.、O'neill, H. M.(1987)。Merger strategies and capital market risk。Academy of Management Journal,30(4),665-684。  new window
26.Fu, Fangjian、Lin, Leming、Officer, Micah S.(2013)。Acquisitions driven by stock overvaluation: Are they good deals?。Journal of Financial Economics,109(1),24-39。  new window
27.Merton, R. C.(1973)。Theory of rational option pricing。The Bell Journal of Economics and Management Science,4(1),141-183。  new window
28.Bena, J.、Li, K.(2014)。Corporate innovations and mergers and acquisitions。The Journal of Finance,69(5),1923-1960。  new window
29.Brown, James R.、Petersen, Bruce C.(2011)。Cash holdings and R&D smoothing。Journal of Corporate Finance,17(3),694-709。  new window
30.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
31.Smith, C. W.、Stulz, R. M.(1985)。The determinants of firms' hedging policies。Journal of Financial and Quantitative Analysis,20(4),391-405。  new window
32.Langetieg, T. C.、Haugen, R. A.、Wichern, D. W.(1980)。Merger and stockholder risk。Journal of Financial and Quantitative Analysis,15(3),689-717。  new window
33.Black, Fischer、Scholes, Myron S.(1973)。The Pricing of Options and Corporate Liabilities。Journal of Political Economy,81(3),637-654。  new window
34.Richardson, Scott(2006)。Over-investment of free cash flow。Review of Accounting Studies,11(2/3),159-189。  new window
35.Ittner, Christopher D.、Lambert, Richard A.、Larcker, David F.(2003)。The Structure and Performance Consequences of Equity Grants to Employees of New Economy Firms。Journal of Accounting and Economics,34(1-3),89-127。  new window
36.Bebchuk, Lucian A.、Cohen, Alman、Ferrell, Allen(2009)。What Matters in Corporate Governance?。The Review of Financial Studies,22(2),783-827。  new window
37.Croci, E.、Petmezas, D.(2015)。Do risk-taking incentives induce CEOs to invest? Evidence from acquisitions。Journal of Corporate Finance,32,1-23。  new window
38.Altman, Edward I.(1968)。Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy。The Journal of Finance,23(4),589-609。  new window
39.Furfine, Craig H.、Rosen, Richard J.(2011)。Mergers Increase Default Risk。Journal of Corporate Finance,17(4),832-849。  new window
40.Sherman, Andrew J.(2006)。Preventing Post-M&A Problems。The Journal of Corporate Accounting and Finance,17(2),9-25。  new window
41.Chen, C. R.、Steiner, T. L.(2000)。An agency analysis of firm diversification: The consequences of discretionary cash and managerial risk considerations。Review of Quantitative Finance and Accounting,14(3),247-260。  new window
42.陳一如、林暐智(20190400)。CEO Incentives and Bank Liquidity Management。臺大管理論叢,29(1),255-322。new window  延伸查詢new window
43.Chen, Y. R.、Chen, C. R.、Chu, C. K.(2014)。The effect of executive stock options on corporate innovative activities。Financial Management,43(2),271-290。  new window
44.Harford, J.、Uysal, V. B.(2014)。Bond market access and investment。Journal of Financial Economics,112(2),147-163。  new window
45.Moyer, R. C.、Chatfield, R.(1983)。Market power and systematic risk。Journal of Economics and Business,35(1),123-130。  new window
46.Tian, Y. S.(2004)。Too much of a good incentive? The case of executive stock options。Journal of Banking & Finance,28(6),1225-1245。  new window
47.Jensen, Michael C.(1986)。Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers。The American Economic Review,76(2),323-329。  new window
48.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
49.Lintner, John(1965)。The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets。Review of Economics and Statistics,47(1),13-37。  new window
50.Sharpe, William F.(1964)。Capital Asset Prices: A Theory of Market Equilibrium under Conditions of Risk。The Journal of Finance,19(3),425-442。  new window
研究報告
1.Thakor, R. T.、Lo, A. W.(2015)。Competition and R&D Financing Decisions: Theory and Evidence from the Biopharmaceutical Industry。National Bureau of Economic Research。  new window
 
 
 
 
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