On the relationship between expected cash flows and stock returns – an analysis of Taiwan stocks using analysts' earnings forecasts

碩士 === 國立交通大學 === 管理學院財務金融學程 === 102 === Literature claims that the market revisions for expected future cash flows and expected discount rate dominate the stock price movements. Intuitively, the main impact of the stock price should be the company's future earnings expectations, that is, expec...

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Bibliographic Details
Main Authors: Deng, Wen-Shu, 鄧文述
Other Authors: Hsieh, Wen-Liang
Format: Others
Language:zh-TW
Published: 2014
Online Access:http://ndltd.ncl.edu.tw/handle/sd4z5j