Diversification and Earnings Informativeness
碩士 === 輔仁大學 === 會計學系碩士班 === 103 === This study is focused on examining the relation between corporate diversification and earnings informativeness. The sample consists of the listed and Over-the Counter (OTC) in Taiwan During 1999~ 2010.The empirical results of this research are as follows： 1. The e...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2014
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| Online Access: | http://ndltd.ncl.edu.tw/handle/74191648382835030285 |
| Summary: | 碩士 === 輔仁大學 === 會計學系碩士班 === 103 === This study is focused on examining the relation between corporate diversification and earnings informativeness. The sample consists of the listed and Over-the Counter (OTC) in Taiwan During 1999~ 2010.The empirical results of this research are as follows：
1. The earnings informativeness of the firm with industrial diversification is lower than that of the firm without industrial diversification.
2. The earnings informativeness of the firm with global diversification is higher than that of the firm without global diversification
3. This study conducts some sensitivity tests, including using the magnitude measures of diversification test, raw rate of stock return test, and excluding the sample firms that are both industrially diversified and globally diversified test. The results of sensitivity tests are similar to the main test.
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