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...
Main Authors: | , |
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Other Authors: | |
Format: | Others |
Language: | zh-TW |
Published: |
2012
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Online Access: | http://ndltd.ncl.edu.tw/handle/18954584988460503276 |