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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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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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.
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戴錦周 |
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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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