A Research on Attention Securities and Disposition Securities from Taiwan OTC Market
碩士 === 長庚大學 === 工商管理學系 === 103 === This study collected, January 1 2009 to December 31 2013, attention securities from Taiwan OTC market stocks and calculated abnormal returns by event study method. This study classified the attention event to the number of categories,and the number of times to exam...
Main Authors: | , |
---|---|
Other Authors: | |
Format: | Others |
Published: |
2015
|
Online Access: | http://ndltd.ncl.edu.tw/handle/05875920685994370547 |
id |
ndltd-TW-103CGU05026027 |
---|---|
record_format |
oai_dc |
spelling |
ndltd-TW-103CGU050260272016-07-31T04:22:27Z http://ndltd.ncl.edu.tw/handle/05875920685994370547 A Research on Attention Securities and Disposition Securities from Taiwan OTC Market 臺灣櫃買中心警示股票與處置股票之研究 Chang Ling Chang 張長令 碩士 長庚大學 工商管理學系 103 This study collected, January 1 2009 to December 31 2013, attention securities from Taiwan OTC market stocks and calculated abnormal returns by event study method. This study classified the attention event to the number of categories,and the number of times to examine whether there is effective monitoring.The next step is figure out the reasons of the disposition securities. The results show that no matter the number of the alert times. There are significant abnormal returns before the event 1 to 5;Although there are still positive abnormal returns 1 to 5 days after the declaration, with the increase in the number and a positive abnormal returns will reverse in the future.This results show that the warning system is useful.This study also found PE ratio, turnover ratio, price to book ratio are positively correlated with abnormal returns, the proportion of the market value was negative and the smaller proportions of the market value of the company and the larger of the price to book ratio are easily change into the disposition securities. C. Y. Tsao 棗厥庸 2015 學位論文 ; thesis 68 |
collection |
NDLTD |
format |
Others
|
sources |
NDLTD |
description |
碩士 === 長庚大學 === 工商管理學系 === 103 === This study collected, January 1 2009 to December 31 2013, attention securities from Taiwan OTC market stocks and calculated abnormal returns by event study method. This study classified the attention event to the number of categories,and the number of times to examine whether there is effective monitoring.The next step is figure out the reasons of the disposition securities. The results show that no matter the number of the alert times. There are significant abnormal returns before the event 1 to 5;Although there are still positive abnormal returns 1 to 5 days after the declaration, with the increase in the number and a positive abnormal returns will reverse in the future.This results show that the warning system is useful.This study also found PE ratio, turnover ratio, price to book ratio are positively correlated with abnormal returns, the proportion of the market value was negative and the smaller proportions of the market value of the company and the larger of the price to book ratio are easily change into the disposition securities.
|
author2 |
C. Y. Tsao |
author_facet |
C. Y. Tsao Chang Ling Chang 張長令 |
author |
Chang Ling Chang 張長令 |
spellingShingle |
Chang Ling Chang 張長令 A Research on Attention Securities and Disposition Securities from Taiwan OTC Market |
author_sort |
Chang Ling Chang |
title |
A Research on Attention Securities and Disposition Securities from Taiwan OTC Market |
title_short |
A Research on Attention Securities and Disposition Securities from Taiwan OTC Market |
title_full |
A Research on Attention Securities and Disposition Securities from Taiwan OTC Market |
title_fullStr |
A Research on Attention Securities and Disposition Securities from Taiwan OTC Market |
title_full_unstemmed |
A Research on Attention Securities and Disposition Securities from Taiwan OTC Market |
title_sort |
research on attention securities and disposition securities from taiwan otc market |
publishDate |
2015 |
url |
http://ndltd.ncl.edu.tw/handle/05875920685994370547 |
work_keys_str_mv |
AT changlingchang aresearchonattentionsecuritiesanddispositionsecuritiesfromtaiwanotcmarket AT zhāngzhǎnglìng aresearchonattentionsecuritiesanddispositionsecuritiesfromtaiwanotcmarket AT changlingchang táiwānguìmǎizhōngxīnjǐngshìgǔpiàoyǔchùzhìgǔpiàozhīyánjiū AT zhāngzhǎnglìng táiwānguìmǎizhōngxīnjǐngshìgǔpiàoyǔchùzhìgǔpiàozhīyánjiū AT changlingchang researchonattentionsecuritiesanddispositionsecuritiesfromtaiwanotcmarket AT zhāngzhǎnglìng researchonattentionsecuritiesanddispositionsecuritiesfromtaiwanotcmarket |
_version_ |
1718366724135321600 |