Effects of Capital Investment on Stock Return:Free Cash Flow Hypothesisv.s Information Asymnetry Hypothseis
碩士 === 朝陽科技大學 === 財務金融系碩士班 === 99 === This present study applies revised Jensen’s (1986) Free Cash Flow Hypothesis and Miller and Rock’s(1985) Information Asymnetry Hypothseis investigate whether top managers pursuit their private benefits by using capital investment (hereafter CI) increases, and th...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2011
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| Online Access: | http://ndltd.ncl.edu.tw/handle/90972531374990901646 |