The Influence of Sentiments on the Announcement Effect of Cash Capital Reduction

碩士 === 國立臺中科技大學 === 財務金融研究所碩士班 === 104 === This paper studies the announcement effects of Cash Capital Reduction on the stock price of listed firms in Taiwan from 2005 to 2014. The empirical results show that there is positive CAR during the narrow announcement window. Then, CAR is regressed to fi...

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Main Authors: Yu-Wun Wang, 王鈺玟
Other Authors: 戴錦周
Format: Others
Language:zh-TW
Published: 2016
Online Access:http://ndltd.ncl.edu.tw/handle/e6p9c5
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spelling ndltd-TW-104NTTI53040072019-09-24T03:34:13Z http://ndltd.ncl.edu.tw/handle/e6p9c5 The Influence of Sentiments on the Announcement Effect of Cash Capital Reduction 情緒變數對現金減資宣告效果之影響 Yu-Wun Wang 王鈺玟 碩士 國立臺中科技大學 財務金融研究所碩士班 104 This paper studies the announcement effects of Cash Capital Reduction on the stock price of listed firms in Taiwan from 2005 to 2014. The empirical results show that there is positive CAR during the narrow announcement window. Then, CAR is regressed to firm characteristic variables. Market situation and investor sentiment variables are also included in the model. The empirical results show that there exist significant announcement effects in the full sample and listed companies; while do not exist in the OTC sample. 戴錦周 2016 學位論文 ; thesis 78 zh-TW
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language zh-TW
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description 碩士 === 國立臺中科技大學 === 財務金融研究所碩士班 === 104 === This paper studies the announcement effects of Cash Capital Reduction on the stock price of listed firms in Taiwan from 2005 to 2014. The empirical results show that there is positive CAR during the narrow announcement window. Then, CAR is regressed to firm characteristic variables. Market situation and investor sentiment variables are also included in the model. The empirical results show that there exist significant announcement effects in the full sample and listed companies; while do not exist in the OTC sample.
author2 戴錦周
author_facet 戴錦周
Yu-Wun Wang
王鈺玟
author Yu-Wun Wang
王鈺玟
spellingShingle Yu-Wun Wang
王鈺玟
The Influence of Sentiments on the Announcement Effect of Cash Capital Reduction
author_sort Yu-Wun Wang
title The Influence of Sentiments on the Announcement Effect of Cash Capital Reduction
title_short The Influence of Sentiments on the Announcement Effect of Cash Capital Reduction
title_full The Influence of Sentiments on the Announcement Effect of Cash Capital Reduction
title_fullStr The Influence of Sentiments on the Announcement Effect of Cash Capital Reduction
title_full_unstemmed The Influence of Sentiments on the Announcement Effect of Cash Capital Reduction
title_sort influence of sentiments on the announcement effect of cash capital reduction
publishDate 2016
url http://ndltd.ncl.edu.tw/handle/e6p9c5
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