The Impact of Regulation on the Skewness of Stock Returns: A Comparison between Financial Holding Companies and Non-financial Companies

碩士 === 國立高雄第一科技大學 === 金融研究所 === 100 === This paper examines the difference of stock returns skewness between financial holding companies (FHCs) and non-financial companies. According to the discretionary-disclosure hypothesis, managers have incentives to disclose good news right away, while dribblin...

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Bibliographic Details
Main Authors: Su-chen Tai, 戴素貞
Other Authors: Horace Chueh
Format: Others
Language:zh-TW
Published: 2012
Online Access:http://ndltd.ncl.edu.tw/handle/18954584988460503276