Dissertationen zum Thema „Stocks“
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Wong, Sau-shing Pierre. „A study of the correlation of share price movements of Taiwan listed companies with cross holdings /“. Hong Kong : University of Hong Kong, 1997. http://sunzi.lib.hku.hk/hkuto/record.jsp?B18836288.
Der volle Inhalt der QuelleAbadiga, Gidi A., und Marcel Neibig. „Value vs Growth Stocks : Do Value Stocks Outperform Growth Stocks? Stockholm Stock Markets, 1995-2009“. Thesis, Södertörns högskola, Institutionen för ekonomi och företagande, 2012. http://urn.kb.se/resolve?urn=urn:nbn:se:sh:diva-16720.
Der volle Inhalt der QuelleThis study tries to examine if investment in value stocks (poor performing stocks) can generate superior returns over investment in growth stocks. Historical stock data for stocks traded in Stockholmstock markets are collected from various sources such as Börsguide and Reuters Thomson Ecowin Pro database. Using these and other relevant secondary historical data, stocks were grouped into value and growth portfolios depending on their P/E-multiples for five buy and hold periods which range from twelve months up to sixty months between investment periods 1996 and 2009. In each portfolio holding period, different numbers of value and growth stocks, ranging from, for example eleven stocks in period one, to twenty stocks in period five are purchased and held for an initial investment of 20000 SEK at the beginning of each portfolio holding period for the purpose of the study. The returns to these investments are computed for three different average return measurements. These are annual Mean Price Returns, Holding Period Returns and Risk-Adjusted Returns for each of the portfolio holding year, for the entire holding periods as well as for the entire portfolio holding periods combined together. Using the spread between these measures, the performances of both value and growth stocks are analyzed. When all the five portfolios are combined together and the mean annual rate of returns are computed, value stocks outperform growth stocks by an average of 15.1 % mean annual Risk -Adjusted Return Rate. The result for Holding Period Return is an average of 5.6 % higher than the growth stocks. These results indicate that investment made in value stocks identified using historical fundamental data can generate superior returns than growth stocks. Consequently, it can cautiously be argued thatStockholmstock markets appear to exhibit the characteristics of the semi-strong form of the Efficient Market Hypothesis.
Wang, Hanfeng. „Essays on stock trading volume, volatility and information“. Click to view the E-thesis via HKUTO, 2007. http://sunzi.lib.hku.hk/hkuto/record/B38826185.
Der volle Inhalt der QuelleCheung, Ping-wing Ricky. „Relative strength trading rules and efficiency of the Hong Kong market /“. [Hong Kong : University of Hong Kong], 1985. http://sunzi.lib.hku.hk/hkuto/record.jsp?B12316866.
Der volle Inhalt der QuellePolte, Marcel. „Aktiengattungen : eine rechtsvergleichende Untersuchung zum deutschen, US-amerikanischen und englischen Recht /“. Frankfurt am Main ; New York : Lang, 2005. http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&doc_number=014612988&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA.
Der volle Inhalt der QuellePang, Siu-kei. „Red-chips' (China-affiliated companies' shares) profitability, attractiveness and its implication to Hong Kong stock market“. Hong Kong : University of Hong Kong, 1998. http://sunzi.lib.hku.hk/hkuto/record.jsp?B19873815.
Der volle Inhalt der QuelleChu, Kut-leung. „The CEV model : estimation and option pricing /“. Click to view the E-thesis via HKUTO, 1999. http://sunzi.lib.hku.hk/hkuto/record/B4257500X.
Der volle Inhalt der QuelleYiu, Fan-lai. „Applicability of various option pricing models in Hong Kong warrants market /“. [Hong Kong : University of Hong Kong], 1993. http://sunzi.lib.hku.hk/hkuto/record.jsp?B13570493.
Der volle Inhalt der QuelleKo, Chi-keung Anthony. „A preliminary study of Hong Kong warrants using the Black-Scholesoption pricing model /“. [Hong Kong] : University of Hong Kong, 1985. http://sunzi.lib.hku.hk/hkuto/record.jsp?B12316726.
Der volle Inhalt der QuelleYeh, Ho-leung Patrick. „The impact of new issues of derivative securities and the underlying blue chip securities /“. Hong Kong : University of Hong Kong, 1998. http://sunzi.lib.hku.hk/hkuto/record.jsp?B19872446.
Der volle Inhalt der QuelleWong, Michael C. S. „Technical analysis and market inefficiency a study of the Hong Kong stock market /“. online access from ProQuest databases, 1997. http://libweb.cityu.edu.hk/cgi-bin/er/db/pqdiss.pl?9907800.
Der volle Inhalt der QuelleFarago, Stephen Glen. „An investigation of the impact of an international listing on a firm's share price“. Thesis, University of British Columbia, 1988. http://hdl.handle.net/2429/27696.
Der volle Inhalt der QuelleBusiness, Sauder School of
Graduate
Xia, Le. „Two essays in financial economics“. Click to view the E-thesis via HKUTO, 2007. http://sunzi.lib.hku.hk/HKUTO/record/B39557546.
Der volle Inhalt der QuelleCooper, Mary Comerford. „Returning shares to the people? the politics of the stock market in China /“. online access from Digital dissertation consortium, 2002. http://libweb.cityu.edu.hk/cgi-bin/er/db/ddcdiss.pl?3068264.
Der volle Inhalt der QuelleWong, Chun-mei May. „The statistical tests on mean reversion properties in financial markets /“. [Hong Kong : University of Hong Kong], 1994. http://sunzi.lib.hku.hk/hkuto/record.jsp?B13705568.
Der volle Inhalt der QuelleMa, Chin-wan Raymond. „A study on the beta coefficients of securities in Hong Kong“. Click to view the E-thesis via HKUTO, 1989. http://sunzi.lib.hku.hk/hkuto/record/B31976050.
Der volle Inhalt der QuelleKemerer, Kevin L. „Accounting variables, stock splits and when-issued trading“. Diss., Virginia Tech, 1990. http://hdl.handle.net/10919/39702.
Der volle Inhalt der QuellePh. D.
Shan, Yaowen School of Banking & finance UNSW. „Analysts' forecasts and future stock return volatility: a firm-level analysis for NYSE Firms“. Awarded by:University of New South Wales. School of Banking & finance, 2006. http://handle.unsw.edu.au/1959.4/26963.
Der volle Inhalt der QuelleChen, Gang. „The Chinese stock market : an emperical analysis of market segmentation, inter-relationships and theoretical versus actual stock prices“. Thesis, University of Aberdeen, 2011. http://digitool.abdn.ac.uk:80/webclient/DeliveryManager?pid=165872.
Der volle Inhalt der QuelleRahou, Amar A. M. „A generalised framework for modelling & forecasting share prices : a field study on modelling and forecasting the share prices from the banking sector“. Thesis, University of South Wales, 2009. https://pure.southwales.ac.uk/en/studentthesis/a-generalised-framework-for-modelling--forecasting-share-prices(10fcca19-ff9a-4497-a0be-55f3e980cbed).html.
Der volle Inhalt der QuelleHelm, Virgil Cole. „Market reaction to substantial deviations from dividend trends“. Laramie, Wyo. : University of Wyoming, 2008. http://proquest.umi.com/pqdweb?did=1594481801&sid=1&Fmt=2&clientId=18949&RQT=309&VName=PQD.
Der volle Inhalt der QuelleZamora, Valentina L. „Determinants of firms' responses to underwater employee stock options : evidence from traditional repricings, 6&1 exchanges, and makeup grants /“. Thesis, Connect to this title online; UW restricted, 2003. http://hdl.handle.net/1773/8776.
Der volle Inhalt der QuelleHo, Yueh-Fang. „Three essays on seasoned equity offerings /“. Philadelphia, Pa. : Drexel University, 2003. http://dspace.library.drexel.edu/handle/1860/251.
Der volle Inhalt der QuelleSevelin, Jesper. „Swedish Stock market: Explaining trade volumes in single stocks“. Thesis, KTH, Skolan för teknikvetenskap (SCI), 2017. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-210868.
Der volle Inhalt der QuelleWong, Po-shing. „Some mixture models for the joint distribution of stock's return and trading volume /“. [Hong Kong] : University of Hong Kong, 1991. http://sunzi.lib.hku.hk/hkuto/record.jsp?B13009485.
Der volle Inhalt der QuelleWang, Hanfeng, und 王漢鋒. „Essays on stock trading volume, volatility and information“. Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2007. http://hub.hku.hk/bib/B38826185.
Der volle Inhalt der QuelleWong, Sau-shing Pierre, und 黃守誠. „A study of the correlation of share price movements of Taiwan listed companies with cross holdings“. Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1997. http://hub.hku.hk/bib/B31268390.
Der volle Inhalt der QuelleChiu, Pit-lap Philip. „New stock delisting mechanism in HK“. Click to view the E-thesis via HKUTO, 2003. http://sunzi.lib.hku.hk/hkuto/record/B31954662.
Der volle Inhalt der QuelleZhang, Yuzhao. „Essays on return predictability and volatility estimation“. Diss., Restricted to subscribing institutions, 2008. http://proquest.umi.com/pqdweb?did=1666139151&sid=3&Fmt=2&clientId=1564&RQT=309&VName=PQD.
Der volle Inhalt der QuelleShepherd, Shane. „Cash holdings, stock splits, and mergers examining risk and return in the equity markets /“. Diss., Restricted to subscribing institutions, 2008. http://proquest.umi.com/pqdweb?did=1779690161&sid=2&Fmt=2&clientId=1564&RQT=309&VName=PQD.
Der volle Inhalt der QuelleKim, Jaemin. „The impact of open market share repurchases on volatility and liquidity : are open market share repurchase firms making the market for their own shares? /“. Thesis, Connect to this title online; UW restricted, 2001. http://hdl.handle.net/1773/8795.
Der volle Inhalt der QuelleBeyer, Scott B. „Recovering jump risk and diffusion parameters implied by market prices of short-dated options /“. free to MU campus, to others for purchase, 2003. http://wwwlib.umi.com/cr/mo/fullcit?p3099610.
Der volle Inhalt der QuelleZhang, Shaorong. „Essays on security issuance /“. free to MU campus, to others for purchase, 2004. http://wwwlib.umi.com/cr/mo/fullcit?p3144472.
Der volle Inhalt der QuelleVoigt, Ivan. „Published share tips : do they out-perform the JSE?“ Thesis, Stellenbosch : Stellenbosch University, 2001. http://hdl.handle.net/10019.1/49704.
Der volle Inhalt der QuelleUniversity of Stellenbosch Business School
ENGLISH ABSTRACT: This study considers share tips published in a respected publication, and determines whether an investment strategy based on the recommendations of its journalists could allow investors to exceed the stock market average. Six journalists were selected, and the recommendations that they made over a 30-month period grouped into “buy” and “do not buy” recommendations. The change in price of the recommended shares was measured after periods of one week, one month, three months and six months after the date of publication and after inclusion of dividends paid during those periods, returns were calculated. The returns attained for each share was compared to the return on the JSE-Overall Index during that period, the difference between the two being the excess return of the share. The excess returns of the shares recommended by each journalist were used to calculate portfolio excess returns, on which tests of statistical significance carried out. The portfolio of one journalist showed statistically significant excess returns in all four periods under review. One other achieved a statistically significant excess return over 1 week. No other portfolios achieved significant excess returns over the market.
AFRIKAANSE OPSOMMING: In hierdie werkstuk word die aandeelwenke wat in ‘n gerespekteerde tydskrif gepubliseer is, ondersoek om vas te stel of ‘n beleggingsstrategie wat op die wenke van die joernaliste gebaseer is, die mark gemiddlede opbrengs kan klop. Ses joernaliste is gekies, en hul wenke oor ‘n periode van 30-maande is geklassifiseer in “koop” en “nie koop” wenke. Vir die “koop” wenke is die prys-verandering oor tydperke van een week, een maand, drie maande en ses maande gemeet. Opbrengste met insluiting van dividende is bereken. Die opbrengste is met die JE-algehele indeks se opbrengs vir elk van die periodes vergelyk, en die verskil is as bo-opbrengste gedefinieer. Die bo-opbrengste vir elke aandeel is gebruik om portfolio bo-opbrengste te bereken, weereens vir elk van die periodes. Hierdie bo-opbrengste is vir statistiese betekenisvolheid getoets. Die portfolio van een joernalis het statisties beteksnisvolle bo-opbrengste vir al vier periodes getoon. Die portfolio van een ander joernalis het statisties betekenisvolle bo-opbrengste vir ‘n hou-periode van een week getoon. Geen ander portfolios het bo-opbrengste getoon nie.
Gomes, José Luís Fernandes. „Gestão de stocks na Norparts“. Master's thesis, Instituto Superior de Economia e Gestão, 2020. http://hdl.handle.net/10400.5/20965.
Der volle Inhalt der QuelleNum momento em que a concorrência e a evolução dos mercados são cada vez maiores, servir bem o cliente é cada vez mais importante. Assim, este trabalho baseia-se na aplicação de um modelo de gestão de stocks à Norparts, uma empresa do grupo Create Business. A Norparts, bem como todo o grupo, está ligada ao ramo automóvel, mais especificamente à comercialização de peças automóveis. A empresa tem cerca de 65 colaboradores, distribuídos por três armazéns, nas mais variadas funções. Estes armazéns localizam-se em Lisboa, Porto e Braga. Com o objetivo de aplicar um modelo de gestão de stocks, começou-se por estudar a análise ABC, já utilizada pela empresa, de modo a melhor adequar a metodologia ao trabalho desejado. Após esta tarefa, obtiveram-se resultados com um modelo de gestão de stocks estocástico e dados recolhidos ao longo do estágio realizado na empresa. O modelo foi aplicado não a todos os produtos comercializados pela empresa, mas apenas a alguns produtos específicos de acordo com os testes realizados acerca da distribuição da procura. Determinou-se a quantidade a encomendar, o stock de segurança e o ponto de encomenda, valores necessários para a redução de custos de armazenamento, evitando produtos desnecessariamente armazenados. Por fim, construiu-se uma ferramenta em Microsoft Excel, através do VBA. Esta ferramenta tem várias funcionalidades, entre elas o cálculo da quantidade a encomendar, do stock de segurança e do ponto de encomenda.
In our days competition and evolution are increasing day by day, so the duty to serve well the customer is more important than ever. Thus, this work will be based on the application of a stock management model to Norparts, a company which belongs to Create Business group. Like all the group, Norparts is attached to the commercialization of automotive parts. This company has about 65 workers divided into three warehouses, in the most varied functions. These three warehouses are in Lisboa, Porto and Braga. With the aim to apply a stock management model, we started by studying the ABC analysis, already used by the company, to adapt the methodology to the desired job. After this task, we apply a stochastic stock management model to the data collected during the internship at Norparts. The chosen model was applied only to some specific products. The order quantity, the safety stock, and the order point were necessary to storage cost reduction on unnecessarily stored products. Finally, a software in Microsoft Excel using VBA was created. This software has several features namely the calculation of the order quantity, the safety stock and the order point.
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Srivastava, Shubhi. „The potage of Chinese stocks: Strengths and weaknesses for United States investors“. CSUSB ScholarWorks, 2007. https://scholarworks.lib.csusb.edu/etd-project/3089.
Der volle Inhalt der QuelleWongbangpo, Praphan. „Dynamic analysis on ASEAN stock markets“. access full-text online access from Digital dissertation consortium, 2000. http://libweb.cityu.edu.hk/cgi-bin/er/db/ddcdiss.pl?9982126.
Der volle Inhalt der QuelleChen, Gary. „Behavioural heterogeneity in ASX 200 a dissertation submitted to Auckland University of Technology in fulfilment of the requirements for the degree of Master of Business (MBus), 2009 /“. Click here to access this resource online, 2009. http://hdl.handle.net/10292/758.
Der volle Inhalt der QuelleRudakova, Ksenia. „Análise de stocks numa empresa comercial russa“. Master's thesis, Instituto Superior de Economia e Gestão, 2019. http://hdl.handle.net/10400.5/17564.
Der volle Inhalt der QuelleEste trabalho tem como objetivo elaborar um projeto de melhoria de gestão de stock numa empresa de importação, fornecimento e distribuição dos produtos energéticos, tais como baterias domésticas e baterias industriais na Rússia. Durante o presente estudo foi feita uma análise de classificações e modelos de gestão de stock, baseado na revisão de literatura existente. Após essa análise foi escolhido o método de classificação ABC dos produtos da linha da empresa para conseguir aplicar métodos de melhoria de gestão de stock de modo a torná-lo mais eficaz. No final desse estudo foi conseguida uma otimização no funcionamento da empresa e que pode trazer benefícios relacionados com aplicação desse estudo. A natureza das funções da presente empresa está associada com fabrico, transporte, compra e venda de artigos, nesse sentido a gestão correta de stock aumenta a eficácia da empresa.
This work has in its objective a project of improvement a stock management in an import, supply and distribution of energy products, such as batteries and industrial batteries in Russia. During the present study an analysis of classifications and models of stock management was done, based on the review of existing literature. With the result of this analysis was chosen ABC classification method of the products of the company line to be able to apply methods of improvement of stock management in order to make it work in the most effective way. At the end of this study, an optimization of the company was obtained, which corresponds to possible benefits related to the application of this study. The nature of the functions of the present company is associated with manufacturing, transportation, purchases and sales of the articles, in this sense the correct management of stock soon becomes an efficacy for the operation of the company in general.
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Pu, Hansong. „An Analysis of Preferred Equity Redemption Cumulative Stock“. Thesis, University of North Texas, 1994. https://digital.library.unt.edu/ark:/67531/metadc277588/.
Der volle Inhalt der QuelleLam, Yue-kwong. „A revisit to the applicability of option pricing models on the Hong Kong warrants market after the stock option is introduced /“. Hong Kong : University of Hong Kong, 1996. http://sunzi.lib.hku.hk/hkuto/record.jsp?B18003515.
Der volle Inhalt der QuelleМорозова, Ірина Анатоліївна, Ирина Анатольевна Морозова, Iryna Anatoliivna Morozova und T. Myakota. „The main features of stocks and the importance of stock market“. Thesis, Видавництво СумДУ, 2010. http://essuir.sumdu.edu.ua/handle/123456789/17068.
Der volle Inhalt der QuelleIgnatius, Roger. „The Bombay Stock Exchange: tests of market efficiency“. Thesis, University of North Texas, 1991. https://digital.library.unt.edu/ark:/67531/metadc332561/.
Der volle Inhalt der QuelleMathew, Prem George. „Long-horizon event study methodology and seasoned equity offering performance in the Pacific Rim financial markets /“. free to MU campus, to others for purchase, 1999. http://wwwlib.umi.com/cr/mo/fullcit?p9953880.
Der volle Inhalt der QuelleWong, Tak Po. „Two essays on the study of the microstructure of the Stock Exchange of Hong Kong /“. View Abstract or Full-Text, 2002. http://library.ust.hk/cgi/db/thesis.pl?FINA%202002%20WONG.
Der volle Inhalt der QuelleChang, Ka-wing Tania. „The penny stock crisis in Hong Kong /“. View the Table of Contents & Abstract, 2005. http://sunzi.lib.hku.hk/hkuto/record/B31362333.
Der volle Inhalt der Quelle„Risk or opportunity: trading of B shares in the PRC“. Chinese University of Hong Kong, 1993. http://library.cuhk.edu.hk/record=b5887550.
Der volle Inhalt der QuelleThesis (M.B.A.)--Chinese University of Hong Kong, 1993.
Includes bibliographical references (leaves 118-120).
ABSTRACT --- p.iii
TABLE OF CONTENTS --- p.v
LIST OF TABLES --- p.vii
ACKNOWLEDGEMENTS --- p.viii
Chapter
Chapter I. --- INTRODUCTION --- p.1
Scope of Study --- p.1
Definition of Risk and Opportunity --- p.3
Outline of Report --- p.5
Chapter II. --- RESEARCH METHODOLOGY --- p.7
Data Collection --- p.7
Personal Interview and Data Analysis --- p.7
Limitation of Study --- p.9
Chapter III. --- DEVELOPMENT OF THE B SHARE MARKET --- p.10
Historical Background --- p.10
Shanghai Securities Exhange --- p.13
Shenzhen Stock Exchange --- p.14
Issuance of B Shares --- p.17
Chapter IV. --- GOVERNMENT INTERVENTION --- p.22
Government Policy --- p.22
Legal Framework --- p.22
Regulatory Framework --- p.24
Interference by Government Officials --- p.27
Chapter V. --- LISTING PROCEDURES AND ACCOUNTING STANDARDS --- p.30
Joint Stock Companies --- p.30
Listing Procedures of B Shares --- p.31
Underwriting of B Shares --- p.34
Private Placement vs Public Offer --- p.35
Accounting Standards --- p.36
Chapter VI. --- REPORTING REQUIREMENTS AND INFORMATION DISCLOSURE --- p.40
The Chinese Concept --- p.40
Reporting Requirements of B Shares Issue --- p.41
Reporting Requirements for Listed Company --- p.42
Disclosure to Overseas Investors --- p.43
Insider Trading --- p.45
Protection of Minority Shareholders --- p.46
Chapter VII. --- LIQUIDITY OF B SHARES --- p.48
Prospective of B Share Investors --- p.48
Trading in Secondary Market --- p.49
China Fund --- p.54
Chapter VIII. --- FUTURE DEVELOPMENT OF B SHARES TRADING --- p.57
Expansion of Market Size --- p.57
Creation of Independent Regulatory Body --- p.58
Enhancement of Information Disclosure --- p.58
Direct Listing in Hong Kong --- p.58
Chapter IX. --- CONCLUSION --- p.61
APPENDICES --- p.64
Chapter A --- List of Questions for Interview --- p.65
Chapter B --- Shenzhen Interim Measures for the Control of Special Renminbi Shares --- p.68
Chapter C --- Implementing Rules to the Shenzhen Interim Measures for the Control of Special Renminbi Shares --- p.74
Chapter D --- Shenzhen Securities Exchange Operating Rules for the Trading and Clearing of B Shares --- p.79
Chapter E --- Extract of Prospectus of Shanghai Chlor-Alkali Chemical Co. Ltd --- p.91
BIBLIOGRAPHY --- p.118
„The effects of price limits and stock characteristics on Chinese A-share market during financial crises“. 2013. http://library.cuhk.edu.hk/record=b5549325.
Der volle Inhalt der Quelle此外，爲了更好滴瞭解漲跌停制度的效果，我們還對那些在金融危機期間容易漲跌停的股票研究其主要特點。在本論文中，我們除了引進每個股票的基本面指標，還引進了具有中國特色的因子，包括國有股份和行業等因子，通過廣義（GMM）的方法來進行分析。這些股票特徵希望能夠為於證監會將來制定漲跌停制度和投資者在金融危機期間于中國的投資提供一定信息。
Price limit is a policy originally utilized to control extreme price movements in stock markets. As a widely adopted policy in numerous countries, price limit has led to several debates regarding its effects on stock markets. Moreover, previous studies have shown that price limit has different effects on different markets and time periods. However, the effects of the price limit system in the Chinese A-share market, a unique and young stock market, has yet to be fully investigated. Furthermore, few works have studied the price limit during special economic conditions, such as financial crises, which should be the best time for price limit to play its role. Additionally, these conditions are the most ideal times at which to test the effects of the price limit. Motivated by these conditions, this thesis explores the effects of price limits on the Chinese A-share stock markets during financial crises in order to examine whether the market atmosphere of investor sentiment caused by special economic conditions has varied impacts on the effects of price limits. By employing the recognized methods, this thesis aims to test the three hypotheses of volatility spillover, delayed price discovery, and trading interference using stock data during financial crisis. Compared with previous studies, this thesis empirically analyzes the effects of price limits with our improved methodology of utilizing closing-hitting observations.
To gain a better understanding of the price limit’s effect, this thesis also investigates the characteristics of stocks that hit the price limits more frequently under this special economic condition. In this study, the Generalized Method of Moments regression model is utilized by introducing financial indicators for each individual stock and some special factors in the Chinese A-share markets, such as state-owned share and industries. Identifying the characteristics of stocks that frequently hit the limit can provide some information to investors when financial crises occur in the Chinese A-share markets.
Detailed summary in vernacular field only.
Detailed summary in vernacular field only.
Wang, Dingyan.
Thesis (M.Phil.)--Chinese University of Hong Kong, 2013.
Includes bibliographical references (leaves 54-55).
Abstracts also in Chinese.
Abstract --- p.3
Acknowledgement --- p.6
Chapter 1 --- Introduction --- p.11
Chapter 1.1 --- Introduction --- p.11
Chapter 2 --- Background --- p.16
Chapter 2.1 --- Background of Chinese Stock Markets --- p.16
Chapter 2.2 --- Literature Review --- p.19
Chapter 3 --- Effects of Chinese A-Share Price Limits --- p.22
Chapter 3.1 --- Data --- p.22
Chapter 3.2 --- Improvement of Methodology --- p.25
Chapter 3.3 --- Empirical Analysis --- p.26
Chapter 3.3.1 --- Test of the Volatility Spillover Hypothesis --- p.27
Chapter 3.3.2 --- Test of the Delayed Price Discovery Hypothesis --- p.36
Chapter 3.3.3 --- Test of the Trading Interference Hypothesis --- p.38
Chapter 4 --- Characteristics of Stocks that Hit the Limit --- p.46
Chapter 4.1 --- Characteristics of Stocks that hit the limit during the Financial Crisis --- p.46
Chapter 5 --- Conclusions --- p.52
Chapter 5.1 --- Conclusions --- p.52
Bibliography --- p.54
Kang, Li. „Study on some problems in the development of Asian emerging stock markets“. 2005. http://catalog.hathitrust.org/api/volumes/oclc/144685099.html.
Der volle Inhalt der QuelleChen, Yi-Chung, und 陳益莊. „Stock Return on Private Placement of Stocks“. Thesis, 2011. http://ndltd.ncl.edu.tw/handle/84917382705702356976.
Der volle Inhalt der Quelle國立雲林科技大學
財務金融系碩士班
99
In Taiwan, public firms are allowed to raise fund through private placement since 2002. Private placement does not pre-authorization by the competent authority. The convenient procedure in raising funds has increased numbers of private placements in recent years. This thesis uses a sample of 392 listed companies to analyze market reaction to private placement. The results show positive abnormal returns at the announcement date of private placement. However, cumulative abnormal returns after the announcement turn negative. The results show different reaction of companies in different capital market. The listed companies of TSE have positive cumulative abnormal returns, but companies in OTC have negative returns after the announcement.