The research of dividend information and earning of the informational contents of diviednd
碩士 === 輔仁大學 === 管理學研究所 === 96 === This paper discuss the content of dividend and earnings announcement on the Taiwan stock market. The rule of sample selection depends whether the dividend announce news of company listed on the TSE posted on Economics Daily news from 1999. to 2006. Depend on dividen...
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ndltd-TW-096FJU004570472015-11-27T04:04:18Z http://ndltd.ncl.edu.tw/handle/35108210430841475819 The research of dividend information and earning of the informational contents of diviednd 股利訊息結合盈餘訊息對股利資訊內容之研究 Yu-Ju LIN 林郁如 碩士 輔仁大學 管理學研究所 96 This paper discuss the content of dividend and earnings announcement on the Taiwan stock market. The rule of sample selection depends whether the dividend announce news of company listed on the TSE posted on Economics Daily news from 1999. to 2006. Depend on dividend and earnings , the paper divide all stocks in the sample into six group , analysis the difference of CAR (accumulation abnormal returns) of short-term and long-tern, In short-tern, increasing cash dividend announcement verify the Information Content of Dividends and increasing earnings enhance the reflect. Increasing cash announcement is consist with information content of dividend , but remaining and decreasing cash announcement are not. Otherwise, if the direction of cash dividend announcement and earnings change by the same way will enhance the CAR of the group. However, the group of good-news will have bad CAR in long-tern, the conclusion is the same with Abeyratna & David (2006). Kuei-Yen Wu 吳桂燕 2008 學位論文 ; thesis 100 zh-TW |
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碩士 === 輔仁大學 === 管理學研究所 === 96 === This paper discuss the content of dividend and earnings announcement on the Taiwan stock market. The rule of sample selection depends whether the dividend announce news of company listed on the TSE posted on Economics Daily news from 1999. to 2006. Depend on dividend and earnings , the paper divide all stocks in the sample into six group , analysis the difference of CAR (accumulation abnormal returns) of short-term and long-tern, In short-tern, increasing cash dividend announcement verify the Information Content of Dividends and increasing earnings enhance the reflect. Increasing cash announcement is consist with information content of dividend , but remaining and decreasing cash announcement are not. Otherwise, if the direction of cash dividend announcement and earnings change by the same way will enhance the CAR of the group.
However, the group of good-news will have bad CAR in long-tern, the conclusion is the same with Abeyratna & David (2006).
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Kuei-Yen Wu |
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Kuei-Yen Wu Yu-Ju LIN 林郁如 |
author |
Yu-Ju LIN 林郁如 |
spellingShingle |
Yu-Ju LIN 林郁如 The research of dividend information and earning of the informational contents of diviednd |
author_sort |
Yu-Ju LIN |
title |
The research of dividend information and earning of the informational contents of diviednd |
title_short |
The research of dividend information and earning of the informational contents of diviednd |
title_full |
The research of dividend information and earning of the informational contents of diviednd |
title_fullStr |
The research of dividend information and earning of the informational contents of diviednd |
title_full_unstemmed |
The research of dividend information and earning of the informational contents of diviednd |
title_sort |
research of dividend information and earning of the informational contents of diviednd |
publishDate |
2008 |
url |
http://ndltd.ncl.edu.tw/handle/35108210430841475819 |
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