Siga este link para ver outros tipos de publicações sobre o tema: Securities.
Teses / dissertações sobre o tema "Securities"
Crie uma referência precisa em APA, MLA, Chicago, Harvard, e outros estilos
Veja os 50 melhores trabalhos (teses / dissertações) para estudos sobre o assunto "Securities".
Ao lado de cada fonte na lista de referências, há um botão "Adicionar à bibliografia". Clique e geraremos automaticamente a citação bibliográfica do trabalho escolhido no estilo de citação de que você precisa: APA, MLA, Harvard, Chicago, Vancouver, etc.
Você também pode baixar o texto completo da publicação científica em formato .pdf e ler o resumo do trabalho online se estiver presente nos metadados.
Veja as teses / dissertações das mais diversas áreas científicas e compile uma bibliografia correta.
1
Křížek, Jakub. "Trust Preferred Securities". Master's thesis, Vysoká škola ekonomická v Praze, 2007. http://www.nusl.cz/ntk/nusl-1689.
Texto completo da fonteResumo:
Jednou z možných odpovědí na vzrůstající kapitálové požadavky může být použití hybridního kapitálu. Hybridy jsou sofistikované a důmyslně strukturované instrumenty, které kombinují základní vlastnosti dluhu i equity. Kvalifikují se jako regulatorní TIER 1 kapitál a zároveň umožňují daňovou odečitatelnost dividendových plateb. Kvůli rostoucímu využívání hybridních instrumentů bankovní regulátoři sestavili řadu kritérií, která musí hybridní kapitál splňovat. Nejčastěji je posuzována jejich permanentnost, flexibilita dividendových plateb a schopnost absopce ztrát. Český regulatorní rámec zatím hybridní instrumenty nezná, ale s novou úpravou kapitálové přiměřenosti lze očekávat změnu v přístupu k tomuto druhu kapitálu. Modelovou aplikací hybridních instrumentů do kapitálové struktury skupiny ČSOB došlo ke zvýšení rentability vlastního kapitálu jak na úrovni skupiny, tak i na úrovni jednotlivých bank.
2
Adawiah, Engku Rabiah. "Securities regulation and the prevention of securities fraud : a comparative study". Thesis, University of Aberdeen, 1998. http://digitool.abdn.ac.uk/R?func=search-advanced-go&find_code1=WSN&request1=AAIU532150.
Texto completo da fonteResumo:
The study aims at identifying the most appropriate and effective approach towards securities regulation and the prevention of securities fraud, given the specific legal and socio-economic circumstances of a particular country. On the basis of the above premise, a number of more specific objectives of the study can be drawn, namely: • to ascertain the need for securities regulation by examining the concept and theory of regulation; • to examine the concept and theory of securities fraud by highlighting some of the definitional and criminological debate on it; • to evaluate the merits and demerits of certain types of regulatory measures in order to identify the most appropriate method of regulation in a given set of circumstances; • to assess the appropriateness of using the criminal law as a primary enforcement tool against securities fraud and the suitability of adopting other alternative remedies; and • to identify the main problems encountered in the regulation of securities and find ways to overcome them. Focusing on the above objectives, the study examines contemporary approaches towards the regulation of securities and the prevention of securities fraud, with special reference to two countries, namely, the United Kingdom and Malaysia. As a result, the study finds that despite the numerous objections against regulatory intervention in the operation of the financial markets, the practical reality of the modern-day securities market arguably necessitates some forms of regulation of the market. However, the choice of regulatory method is crucial in determining the success of the regulatory process in curing market inefficiencies and failures. Interestingly, the study discloses that the particular circumstances of a country may have a significant influence on the choice of regulatory method. Thus, a method of regulation that works well in a particular country may not necessarily work as well in a different country with a different set of circumstances. In addition, the method of regulation should also be flexible enough to meet the changing needs of the dynamic financial market.
3
Arquint, Seraina. "Investments in Distressed Securities". St. Gallen, 2007. http://www.biblio.unisg.ch/org/biblio/edoc.nsf/wwwDisplayIdentifier/01648310002/$FILE/01648310002.pdf.
Texto completo da fonte
4
Xu, Qing. "Pricing multi-state lookback-style derivatives /". View abstract or full-text, 2009. http://library.ust.hk/cgi/db/thesis.pl?MATH%202009%20XU.
Texto completo da fonte
5
Haentjens, Matthias. "Harmonisation of securities law : custody and transfer of securities in European private law /". Alphen aan den Rijn : Kluwer Law International, 2007. http://www.loc.gov/catdir/toc/fy0803/2008270798.html.
Texto completo da fonte
6
Schwartz, Deborah Peterson. "The risk considerations of commercial mortgage backed securities : a comparison of three securities". Thesis, Massachusetts Institute of Technology, 1995. http://hdl.handle.net/1721.1/70262.
Texto completo da fonte
7
Ramphal, Nishal Ray. "The role of public and private litigation in the enforcement of securities laws in the United States". Santa Monica, Calif. : RAND, 2007. http://www.rand.org/pubs/rgs_dissertations/2007/RAND_RGSD224.pdf.
Texto completo da fonte
8
Yeh, Ho-leung Patrick, e 葉浩良. "The impact of new issues of derivative securities and the underlying blue chip securities". Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1998. http://hub.hku.hk/bib/B31269485.
Texto completo da fonte
9
Yeh, 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.
Texto completo da fonte
10
Wang, Yue. "Securities fraud an economic analysis /". College Park, Md. : University of Maryland, 2005. http://hdl.handle.net/1903/2457.
Texto completo da fonteResumo:
Thesis (Ph. D.) -- University of Maryland, College Park, 2005.Thesis research directed by: Business and Management. Title from t.p. of PDF. Includes bibliographical references. Published by UMI Dissertation Services, Ann Arbor, Mich. Also available in paper.
11
Liu, Yang. "Modelling portfolios of credit securities". Thesis, City University London, 2010. http://openaccess.city.ac.uk/8605/.
Texto completo da fonteResumo:
The study of credit derivatives is one of the most popular and controversial issues that concerns the entire financial industry. Increases of defaults and bankruptcies during the recent credit crunch has stipulated a heated debate about the adequacy of the existing pricing and hedging methodologies for credit derivatives portfolios. The main objective of this thesis is to propose and evaluate a treatable framework that addresses many of the deferences of the standard market model for portfolios of credit instruments. After review and product introductions in CHAPTER 1 we first summarize the common simulation methods for pricing portfolio credit derivatives, then we propose an alternative methodology that is based on an economical sense of the models and market observables in CHAPTER 2. Such simulation method provides a testing environment which houses the asset value based models with reliable assumptions. Meanwhile, a PCA analysis on CDO market spreads is performed on market data in CHAPTER 3. In CHAPTER 4, we develop an old school dynamic model for credit derivative valuation, it match the market needs, fit quoted spreads while providing time evolution using historical market observable measure. Finally, combining together the model and simulation framework, we are able to construct hedging strategies based on simulation results in CHAPTER 5. We mainly focus on the utilization of default probabilities in pricing techniques and a close-form formula is provided to calculate probability of default from the proposed growth rate factor.
12
Hutton, J. P. "Fast valuation of derivative securities". Thesis, University of Essex, 1995. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.282493.
Texto completo da fonte
13
Breslin, John. "Extraterritorial control of securities fraud". Thesis, University of Cambridge, 1989. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.333177.
Texto completo da fonte
14
McMurray, John P. (John Patrick) 1958, e Samuel M. 1970 Mundel. "Real estate lease-backed securities". Thesis, Massachusetts Institute of Technology, 1997. http://hdl.handle.net/1721.1/9872.
Texto completo da fonteResumo:
Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 1997."September 1997."
Includes bibliographical references (leaves 83-84).
by John P. McMurray and Samuel M. Mundel.
S.M.
15
Fioriti, Andrés. "Essays on bidding with securities". Thesis, University of Warwick, 2016. http://wrap.warwick.ac.uk/87910/.
Texto completo da fonteResumo:
Chapter 1 partially surveys auctions with contingent contracts, i.e., contracts in which payments are allowed to depend on an ex-post verifiable variable, such as revenues. The review starts with the seminal paper of DeMarzo et al. (2005) and partially departs from Skrzypacz (2013) by analyzing on externalities and risk aversion concerns. A partial ranking of auction revenues for auctions that differ in terms of contract forms, pricing rules and seller commitment are described. Models incorporating adverse selection, moral hazard, competition between auctioneers, externalities and risk aversion are discussed. In Chapter 2 we study second price auctions, where buyers compete for the allocation of a project, by bidding securities over project's realized value. In addition, we allow for negative externalities, which are suffered by the losers in case the winner implements the project. Under this environment, we introduce two payment instruments: the Fixed-Equity Hybrid -which embeds cash- and the Fixed-Cash Hybrid -which embeds equity. As our main result, we rank the instruments in terms of revenue, and show that the fixed-equity hybrid is the best instrument whereas equity is the worst despite being the most sensitive instrument to bidders' true type. Finally, in Chapter 3 second-price auctions, where buyers compete for the allocation of a project, by bidding securities over project's realized value are studied. In addition, bidders are allowed to be asymmetric not only with respect to their underlying distribution of payoffs but also with respect to their risk aversion. Under this environment, it is shown that steeper securities provide higher insurance. As a main result, the instruments are ranked in terms of efficiency, and shows that the steepest security minimizes the efficiency loss when bidders are indeed asymmetric. Moreover, steeper securities are shown to increase revenue for the seller as in DeMarzo et al. (2005).
16
Zhu, Hong. "Reforming the China Securities Regulatory Commission, towards efficient and effective regulation of China's securities markets". Thesis, National Library of Canada = Bibliothèque nationale du Canada, 1996. http://www.collectionscanada.ca/obj/s4/f2/dsk3/ftp04/MQ44080.pdf.
Texto completo da fonte
17
Zhu, Hong 1968. "Reforming the China Securities Regulatory Commission : towards efficient and effective regulation of China's securities markets". Thesis, McGill University, 1996. http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=20146.
Texto completo da fonteResumo:
Today, China's securities markets are facing a number of regulatory problems. Many central regulatory problems arise from the fragmented regulatory system, which is not effectively structured to further the goals of securities legislation.The purpose of this thesis is to review, and make recommendations in respect of, the securities regulatory system in China with particular attention to the regulatory role of the China Securities Regulatory Commission (CSRC).
After examining the characteristics of China's securities market development and identifying existing problems in the regulatory system, the thesis adopts a broad outlook through a comparative survey of securities regulators in selected jurisdictions in seeking appropriate resolutions to China's regulatory concerns.
Specific substantive reform proposals for improving the regulatory system and in particular the CSRC are subsequently presented. The overriding theme of the proposals is the need for a more effective CSRC, one that would be able to provide efficient and adequate regulation of China's securities markets.
The law in this thesis is stated as of July 1996.
18
Kahle, Kathleen M. "Insider trading and new security issues". Connect to resource, 1996. http://rave.ohiolink.edu/etdc/view.cgi?acc%5Fnum=osu1265127804.
Texto completo da fonte
19
Chokuda, Carias Tererai. "A critique of the Securities Regulation Panel's Ability to Enforce Compliance with the Securities Regulation Code". Master's thesis, University of Cape Town, 2014. http://hdl.handle.net/11427/4589.
Texto completo da fonte
20
Gu, Ying. "Essays on volatility models using EMM estimation /". Thesis, Connect to this title online; UW restricted, 2006. http://hdl.handle.net/1773/7426.
Texto completo da fonte
21
Tam, Hon Keung. "Estimation risk, information asymmetry and information production in public equity offerings /". View abstract or full-text, 2004. http://library.ust.hk/cgi/db/thesis.pl?FINA%202004%20TAM.
Texto completo da fonte
22
Lam, Wing Tung. "Essays on sorting with financial securities". Thesis, University of British Columbia, 2017. http://hdl.handle.net/2429/63319.
Texto completo da fonteResumo:
This dissertation studies one-to-one matching between workers and assets in a market where financial securities are offered. The quality of an asset is publicly known, but a worker's productivity is private information. The asset side first posts contracts, under which the payment is contingent on the realized output. Then the workers direct their search based on the offers. Production exhibits complementarity so that the efficient allocation features positive assortative matching (PAM).
I consider a frictionless setting in the first chapter. First, I characterize the sufficient and necessary conditions for decentralizing PAM. For any distribution of types, these conditions ensure that the set of posted contracts not only induces the workers to sort assortatively but also precludes the asset owners from poaching. In comparison with the case of full information, the asset side's share of the matching surplus is always greater and increases with the asset quality at a faster rate in equilibrium. Second, I show that all asset owners will always be better off if the feasible contracts are replaced with steeper ones, which cost better workers more than weaker workers.
The second chapter focuses on the class of output sharing contracts. I study how it affects the matching efficiency and sorting pattern in the presence of search friction. The unique equilibrium features inefficient PAM. The matched pairs fully separate into a continuum of markets, where the queue length in each market still maximizes the expected surplus given the worker's equilibrium payoff. However, regardless of the distribution of types, all but the best workers pair up with better assets compared to the Second Best allocation. There is either an excessive entry of workers or an insufficient entry of assets. Sorting is inefficient because a reduction in the output share costs less to weaker workers than better workers. This handicaps their competition for better assets, driving up the output share of the best assets. These asset owners then induce an inefficiently long queue of workers to increase their matching probability.Arts, Faculty of
Vancouver School of Economics
Graduate
23
Tokley, I. A. "Identification of controllers of company securities /". Title page, contents and abstract only, 1994. http://web4.library.adelaide.edu.au/theses/09LM/09lmt646.pdf.
Texto completo da fonte
24
Quinteros, Martin. "Managing portfolios of products and securities". Thesis, Massachusetts Institute of Technology, 2008. http://hdl.handle.net/1721.1/45952.
Texto completo da fonteResumo:
Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, Operations Research Center, 2008.Includes bibliographical references (leaf 91).
In this thesis we study modifications of the classical Mean-Variance Portfolio Optimization model. Our objective is to identify an optimal subset of assets from all available assets to maximize the expected return while incurring the minimum risk. In addition, we test several approaches to measuring the effect of the variance of the portfolio on the optimal asset allocation. We have developed a mixed integer formulation to solve the well known Markowitz portfolio model. Our model captures and solves the certain practical drawbacks that a real investor would face with the Markowitz approach. For example, by selecting a limited number of assets our procedure tends to prevent small allocations of assets. In addition, we find that in most cases, the maximum drawdown increases as a function of the upper bound on the variance of the portfolio and that this result is consistent with intuition, since portfolio risk increases as the chance that a drawdown event occurs also increases. However, we have observed that altering the composition of the portfolio can mitigate the risk of a drawdown event.
by Martin Quinteros.
S.M.
25
Li, Zhao. "Securities regulation in the international environment". Thesis, University of Glasgow, 2009. http://theses.gla.ac.uk/691/.
Texto completo da fonteResumo:
It is undisputed that the world’s securities markets are becoming increasingly international and increasingly integrated. The internationalization of the world’s securities markets is one of the most significant developments affecting the securities markets of many nations. “How should regulators respond?” is an issue that is hotly contested. The purpose of this thesis is not to introduce a new theory but rather to offer a comprehensive analysis of past and present practice, in order to identify what is effective and what is not. There are three competing approaches to international securities regulation – harmonization, regulatory competition and cooperation. Thus the thesis analyzes these three leading current theoretical arguments in turn as paradigms for international securities regulation. On this basis, the paper will focus on these three approaches and address the fundamental questions posed by the internationalization of securities markets: which regulatory approach is the proper and best way to govern securities regulation in the new international market? Are there any areas which need to be improved? And therefore, how can international regulation be improved? The thesis will answer these questions in two ways: in theory and in practical application. With regard to theory, the thesis examines the definitions and arguments given to each approach. Harmonization is the idea that rules and regulations should be standardized across countries as much as possible. In contrast to the harmonization is the regulatory competition approach. Under this model, countries do not coordinate with one another – each country is free to enact whatever rules and regulations it chooses. Whereas, the third approach cooperation traditionally is an instrument to reduce conflicts and tensions. International cooperation is defined as conscious policy coordination among states. On a practical level, the thesis delineates the current stage of harmonization, regulatory competition and cooperation developments in the EU, US, as well as internationally. It should be recognized that each of the three securities regulatory approaches analyzed in this thesis have contributed much towards international securities regulation. However, as discussed each approach has its problems, none is perfect. As long as there are regulations, there will be abuses and room for improvements. One of major problem in the international arena is that there are no international law-making institutions vested with legal authority to address these issues. Instead of a formal international securities regulator there is a set of international institutions which include a limited number of countries which produce standards and norms that are then adopted by national authorities on a voluntary basis. Because of the diversity, complexity, and universality of issues likely to continue to arise over the next decade, a single international body should be considered to facilitate world cooperation in addressing these issues.
26
Chiu, Iris Hse-Yu. "Regulatory convergence in EU securities regulation". Thesis, University of Leicester, 2007. http://hdl.handle.net/2381/31092.
Texto completo da fonteResumo:
The aim of the thesis is to map out and critically discuss the very recent phenomenon of "regulatory convergence" in EU securities regulation. "Regulatory convergence" is a new development in EU governance in financial services and markets regulation following the Financial Services Action Plan 1999 and the Lamfalussy Report of 2001. Regulatory convergence has 2 aspects, i.e. "regulatory" and "convergence". The thesis suggests that the "regulatory" aspect may be looked at in 4 parts, namely the source of regulation, the administration of regulation, the supervision of regulation, and the enforcement of the regulation. The thesis maps out and critically discusses each area of regulatory convergence in EU securities regulation, and the methodologies employed by policy and law-makers in securing convergence, which include EU legislation, Commission legislation and "soft law" produced by the Committee of European Securities Regulators. In particular, a cybernetic model of analysis is applied to discuss each aspect of regulation, and the methodologies used in securing "convergence". The application of the cybernetic model of analysis to the 4 aspects of regulatory convergence allows the drawing of some conclusions about the prospects of regulatory convergence. The thesis also examines whether and to what extent, there is an EU level regulatory system for EU securities regulation, and in the absence of such an EU level system for securities regulation, what forces or incentives would induce Member States to adopt divergent national regulation. The final chapter of the thesis explores theoretical frameworks in organisation theory to suggest how creating an EU agency for securities regulation may address the deficits in the current framework for securing regulatory convergence and lead the way forward to a cybernetically sufficient system for regulatory convergence in EU securities regulation.
27
Pinto, Flávio José Rijo. "A case study on securities evaluation". Master's thesis, Instituto Superior de Economia e Gestão, 2015. http://hdl.handle.net/10400.5/10630.
Texto completo da fonteResumo:
Mestrado em FinançasA intenção deste projecto é contribuir com um caso prático, que tenta capturar os assuntos vitais envolvidos na emissão e comercialização de Produtos Estruturados numa situação real. Para tal, o caso vai usar como base um Produto Estruturado, emitido e comercializado pelo Millennium BCP Investment Bank, onde me encontro como estagiário na equipa de produtos derivados no momento de realização deste documento. O Caso esta desenhado para ser usado ao nível de Mestrado em cadeiras de Engenharia Financeira, Opcções Financeiras e Derivados. Vem acompanhado por todos os dados necessários e pode ser assim ser usado para completer objectivos de aprendizagem quer no âmbio de conceitos Financeiros quer de Metodos Quantitativos.
This project intends to contribute with a real life scenario that tries to capture the vital issues regarding the issuance and commercialization of Structured Products. It will target a Path Dependent Structured Product issued by Millennium BCP Investment Bank where I am, at the time of the realization of this paper, an intern working with the Equity Derivatives team. The case is designed to be useful at Masters Level Courses, in the scope of Financial Engineering, Financial Options or Derivatives Courses. It is accompanied by all the necessary data and intends to equip instructors with a valuable resource to meet both Financial and Quantitative objectives.
28
Putyatin, Vladislav Evgenievich. "Mathematical models for derivative securities markets". Thesis, University of Southampton, 1998. https://eprints.soton.ac.uk/50648/.
Texto completo da fonteResumo:
The classical Black-Scholes analysis determines a unique, continuous, trading strategy which allows one to hedge a financial option perfectly and leads to a unique price for the option. It assumes, however, that there are no transaction costs involved in implementing this strategy, and the stock market is absolutely liquid. In this work some new results are obtained to accommodate costs of hedging, which occur in practice, and market imperfections into the option pricing framework. In Part One transaction charges are dealt with by means of the mean-variance technique, originally developed by Markowitz. This approach is based on the minimisation of the variance of the outcome at expiry subject to spending at most a given initial endowment. Since "perfect" replication is no longer possible in this case, there will always be an unavoidable element of risk associated with writing an option. Therefore, the option price is now not unique. A mean-variance approach makes option pricing relatively easy and meaningful to an investor, who is supposed to choose a point on the mean-deviation locus. In the limit of zero transaction costs, the problem naturally reduces to the Black-Scholes valuation method, unlike alternative approaches based on the utility-maximisation. The stochastic optimisation problem obtained is dealt with by means of the stochastic version of Pontryagin's maximum principle. This technique is believed to be applied to this kind of problem for the first time. In general the resulting free-boundary problem has to be solved numerically, but for a small level of proportional transaction costs an asymptotic solution is possible. Regions of short term and long term dynamics are identified and the intermediate behaviour is obtained by matching these regions. The perturbation analysis of the utility-maximisation approach is also revised in this work, and amendments are obtained. In addition, the maximum principle is applied to the Portfolio Selection problem of Markowitz. The dynamical rebalancing technique developed in this work proves more efficient than the classical static approach, and allows investors to obtain portfolios with lower levels of risk. The model presented in Part Two is an attempt to quantify the concept of liquidity and establish relations between various measures of market performance. Informational inefficiency is argued to be the main reason for the unavailability of an asset at its equilibrium price. A mathematical model to describe the asset price behaviour together with arbitrage considerations enable us to estimate the component of the bid-ask spread arising from the outstanding information. The impact of the market liquidity on hedging an option with another option as well as the underlying asset itself is also examined. Although in the last case uncertainty cannot be completely eliminated from the hedged portfolio, a unique risk-minimising strategy is found.
29
Williamu, Ghati. "Critical analysis of the insider trading framework of Tanzania". Thesis, University of the Western Cape, 2015. http://hdl.handle.net/11394/5173.
Texto completo da fonteResumo:
Magister Legum - LLMThis study is on the insider trading framework of Tanzania. The researcher has made enquiries whether the Tanzania legal framework governing insider trading provides strong enough enforcement mechanisms, including remedies and measures against malpractices found on the securities market to attract investor confidence. Critical analysis is done of the Capital Markets and Securities Act, 79 of 1994 (RE 2002) in conjunction with an investigation into the Capital Markets and Securities Authority (CMSA) a body corporate charged with the duties among others, of protecting the integrity of the securities market and maintaining surveillance over securities to ensure orderly, fair and equitable dealings in securities. The researcher uses a comparative approach from other jurisdictions considered as international best standards of the English and South African insider trading legislation. Discussions on the study are presented in chapters. Chapter one is the general introduction to the Study. It is the reproduction of the research proposal. Chapter Two is on the overview of insider trading framework of Tanzania. An analysis is made on the provisions of the Capital Market and Securities Act, 79 of 1994 (RE 2002). It is revealed that the enforcement mechanisms are inadequate and ineffective. The Capital Market and Securities Act, 79 of 1994, (RE 2002) neither defines nor provides the interpretation to legal concepts such as insider, inside information and publication. Civil remedies and criminal penalties provided in the Tanzania Capital Market and Securities Act, 79 of 1994, (RE 2002) are inadequate for deterrent purposes to combat insider trading practices. In chapter three the researcher examines the Capital Market and Securities Authority (CMSA) in terms of fulfillments of its roles, functions, and powers. It is submitted that the CMSA and the DSE have never contributed much to resolving the problem of securities market abuses. Chapter four extend the study to the English and South Africa insider trading legislation considered as international best practice and therefore comparable. The researcher has observed that flaws in areas of prohibition, enforcements, defences and the lacuna on identified concepts of insider trading make the Tanzanian insider trading legislation remain more symbolic than real in terms of its efficiency to combating insider trading practices. Chapter five provides the conclusions and recommendations on the study. The researcher has provided recommendations on curbing the problem of insider trading in Tanzania, including repealing and enacting a new strong and effective insider trading legislation.
30
Dussold, Christopher Kevin. "The nature of IPO lockups : the effects of equity sales by insiders /". free to MU campus, to others for purchase, 2001. http://wwwlib.umi.com/cr/mo/fullcit?p3025616.
Texto completo da fonte
31
Seiz, Ralf. "Convertible securities /". 2006. http://www.gbv.de/dms/zbw/520505794.pdf.
Texto completo da fonte
32
Muys, Jerome C. "Mortgage-backed securities : tax, accounting, and securities law considerations". Thesis, 1987. http://hdl.handle.net/1961/5032.
Texto completo da fonte
33
cheng, wei, e 陳偉正. "Taiwan Securities Firms Development in China－The Case A Securities Firm". Thesis, 2005. http://ndltd.ncl.edu.tw/handle/49778510658662273860.
Texto completo da fonteResumo:
碩士大葉大學
事業經營研究所
93
ABSTRACT Taiwan economy had dropped from two thousand year and Taiwan be joined in WTO, businesses must be searched another way. The other way the whole world had a disaster of stock on two thousand one year but Chinese stock market had not to low its price that caused Taiwan investors interested in it. Chinese stock market has more risks and rules , Taiwan uses seriously rules to deal with China because is due to its politics which brings some limits to our businesses . China raises its economy in the few year and Taiwan has higher trade with China now , the situation is fired up that Taiwan businesses invest China or enter the market in China .Cross-Strait stock market has more exchanges in the future that Taiwan joined in WTO , the China wealth will let government to respect that opens and controls . this thesis is due to China policy is very chaos but much securities firms is really enter into China , the thesis will search why China stock market has attractive power , if hasn't any risk . Stock market can see quickly if the country economy good or not and the overall economy is composed from personal income , market rate , inflation rate , currencies supply , and government strategy ,it is closely linked . Cross-Strait has different state result from politics and economics are not alike that establish different market, it is no problem to has different in policies , systems ,and operate module. Although some respects have different Cross-Strait trading are depending each other, it will be a popular question with Cross-Strait finance how establish the victory one another. My thesis of all search purposes are following this : 1. The thesis tries to use the different of Cross-Strait stock market to argue the Cross-Strait stock law and administration systems. 2. To use the SWOT model and Diamond model which analyses why China market has more attraction to Taiwan securities firms. 3. The thesis is to verify the relation of case example that uses the record analysis . Key word: Taiwan Securities Firms , China Develop , Stock Trading Market, Cross-Strait Stock Market
34
Hua, Tsui-hua, e 侯翠花. "Securities of Knowledge Management-a Case of Securities Group in Taiwan". Thesis, 2006. http://ndltd.ncl.edu.tw/handle/66380331294336974968.
Texto completo da fonteResumo:
碩士國立臺灣科技大學
管理研究所
95
Since Taiwan entered to the WTO , then financial industrial was opened , innovation、knowledge and WWW network technology is getting together , Taiwan financial holding company is established, it is in order to promotion 3C (Capital Growth), (Cost Saving), (Cross Selling) benefit, Macro and individual economics trend information is changing all the time, day by day to affect the financial products of the domestic financial market and returns to investment at any time, form the knowledge phenomenon of global village. This thesis probes into the internet network to emerge the knowledge economy is coming to influence the global human food, clothing, residence. After how to take information into knowledge by store, transfer, transform into knowledge management, create the intelligence capital. Liberalization of the government’s policies and regulations, accelerating consolidation of the financial holding business territory will continually challenge the wisdom and adaptability of asset management firms. The company is only able to achieving new heights by continually cultivating outstanding management personnel, constructing comprehensive investment strategies and risk management procedures, aggressively expanding different sales channels and multi-segmented customer management services and offering-total e-commerce solutions. 1st ：The case study company needs to organize culture through organized learning and study, use technology to set up the environments of learning to manage and to analysis knowledge management method, tool, tactics over systems, to organize and to study the way of constructing to build and to construct the management style, management style of knowledge, the capital way of intelligence, customer's management style of the continuity, give customers the attached value in order to raise, maintain the competition advantage continuously. 2nd： How is the case study company to win in the financial high competitive environment of vision、strategy and knowledge, there is " The learning and growth perspective, "The business perspective, "The customer perspective ", " The financial perspective " four literary composition surface carry out. Asset management shall not just involve the trading of financial instruments. Confronted with the ever-changing global investment markets, to foresee future investment trends with a global vision and to listen to investors’ needs, tailor the design of global products to suit local investment needs and offer investors comprehensive and multifaceted financial products and differentiated services. The ultimate goal is assist our clients to increase not only their wealth but also living and spiritual fulfillment.
35
Chen, Yueh-Yun, e 陳月雲. "Stress management of securities employees in M&A and securities work". Thesis, 2002. http://ndltd.ncl.edu.tw/handle/27643198064651494571.
Texto completo da fonteResumo:
碩士元智大學
管理研究所
91
Recently, Stress Management has become an important topic in business manage- ment. The level of job stress in a workplace can directly influence the performance and productivity of a company. This thesis is emphasized in the stress management of securities employees including the stress management of M&A (mergers and acquisitions) employees. This study shows that 68% and 89% of employees suffer from stress in the M&A and securities jobs respectively. The empirical data includes questionnaires from 150 Polaris Securities Company employees. By statistical analyzing, the major results are obtained: 1. The major factors contributing to job stress in securities employees of M&A are uncertainty of leading styles, uncertainty of company support programs, uncertainty of organizational change and lay off employees….etc. 2. The major factors of stress mitigation in securities employees of M&A are new company has a great future, advance communication with employees and following the promises to the employees….etc. 3. The major factors contributing to job stress in securities employees are personal performance anxiety, office promotions, a lack of company support programs, customer investment loss and the need to attract new customers ….etc. 4. The major factors of stress mitigation of securities employees are company support programs, office promotions, and a manager who provides advice and encouragement. 5. Female employees are more susceptible to job stress than male employees. Male employees are better able to alleviate job stress by themselves than female employees. 6. This research found that manager permit securities employees who participate in establishing the company’s policy, will positively influence performance. 7. Securities employees will be satisfied in their jobs, if the manager strictly follows the company’s policy. On the other hand, an employee-oriented manager leads less satisfied employees. 8. This study found no relationship between employee performance and employees who complain about company policy, complain about management or complain about colleagues. According to the conclusions of the study, managers must have a better understanding of their female employees concerns. Female employees are more susceptible to job stress caused by work and family. Moreover, securities work is lower hierarchical work. Managers need to provide job training and assist employees in attracting new customers. It is necessary for the manager to strictly follow the company’s policy, and at the same time be aware of the employees needs. To help alleviate job stress in securities employees, a manager should, first strive to the benefit of promotion and welfare. Next, it is important that the manager have a clear understanding of the employees needs, and provide appropriate advice and encouragement. Finally, on the job training should be provided to help employees better serve their customers.
36
Chang, Chang Ling, e 張長令. "A Research on Attention Securities and Disposition Securities from Taiwan OTC Market". Thesis, 2015. http://ndltd.ncl.edu.tw/handle/05875920685994370547.
Texto completo da fonteResumo:
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.
37
Yen, Hung-Bin, e 顏鴻彬. "The Definition and the Realm of Securities on Securities and Exchange Act". Thesis, 2015. http://ndltd.ncl.edu.tw/handle/03422448901225286395.
Texto completo da fonteResumo:
碩士國立臺灣大學
法律學研究所
103
Regulation of the realm of securities lies on the article 6 of the Taiwan’s Securities and Exchange Act. However, reviewing this article, it is obvious that the realm of securities is extremely small. Factually, this small realm of securities cannot react to the modern financial society, leads to many vacancies of the regulation and lacks enough protections for the investors in the capital market. Therefore, this thesis tends to start from the present regulation on realm of securities and examine the extent and disadvantages of the regulation. Second, by analyzing the foreign regulations, the thesis tends to observe how foreign countries definite their securities and hence reflect over the regulations of Taiwan to create a reasonable definition and realm of securities on Securities and Exchange Act. According to the article 6 of Taiwan’s Securities and Exchange act, it uses the way of “respectively listing” to definite the realm of securities and lists government bonds, corporate stocks, corporate bonds, stock warrant certificate, certificate of entitlement to new shares, certificate of payment or document of title to any of the securities referred to in the preceding paragraph and non-physical securities as securities. Although the paragraph 1 of the article 6 has given the “approval power” to the "Competent Authority", the realm is still small and only adds seven more kinds of securities. Under the circumstance of this small range of securities, some controversial securities, such as bank debentures, structured note, investment contract, commercial paper, are still in dispute, whether they are contained in the range of the regulation. In addition, despite the fact that the article gives Competent Authority the approval power, our Competent Authority seems not to conduct this power actively. Even when it approves the securities, it often makes the decision without any explanation. As a result, it is necessary to think over how the act should draw out the line and how the judgment standards of securities should be made. As the observation of foreign regulations, this thesis chose the Japanese act and the German act. Talking of the Japanese act, Japanese Financial Instruments and Exchange Act was enacted in 2006. One of the aims of this act is to enlarge the realm of securities and hence to construct a whole protection of investors. According to the paragraph 1 and 2 of the article 2, the act adapts “respectively listing”, “approval of the authority” and “general requirement” as the methods of securities regulation. It contains more than 20 securities in the law. In terms of the abstract concept and judgment standards of securities, the act reveals 4 elements─ “investment”, “circulation”, “public interest” and “necessity of investor protection.” It is commonly believed that “investment” is more emphasized than “circulation” when judging securities. Regarding German act, Germany uses the paragraph 1 of the article 2 on German Securities and Exchange Act to definite the realm of securities. Although the act lists “shares”, “investments similar to shares” and “bonds” as securities, it is still regarded as a “general requirement.” Once the security conforms to the description of the paragraph 1 of the article 2, regardless of its kind, it can still be considered the security on this act. Concerning the abstract concept of securities, the act reveals “ability to be changed” and “circulation” as the judgment standards. Obviously, the German emphasized how securities influence and react to the capital market. After reviewing the Japanese act and the German act, this thesis thinks it is necessary to build up the judging standards of securities just as the foreign acts do. While constructing the standards of our own, it is better to include these characters of securities─ “investment”, “circulation”, “ability to be changed”, “pubic” and “necessity of investor protection.” In the “issue market”, only the character of “investment”, “pubic” and “necessity of investor protection” should be valued. However, in the “trading market”, all of the above-mentioned characters should be used as the judging standards. In this way, the realm of securities can be widely enlarged but at the same time makes the appeal of regulations separated properly. Besides, it is also important to reform the present act as soon as possible. This thesis suggests that the act in the future take “respectively listing”, “approval of the authority” and “general requirement” at the same time. On the one hand, it can specifically definite the range of securities. On the other hand, it can make this range more feasible to respond to the newly-coming securities. Moreover, this thesis also suggests that securities and other financial instruments integrate into a single regulation in order to construct the more strong and consistent protection for the investors.
38
Lu, Chu-Ching, e 呂姝靜. "Securitization - Asset Backed Securities". Thesis, 1999. http://ndltd.ncl.edu.tw/handle/6ck5an.
Texto completo da fonte
39
Kempthorne, David. "Governing International Securities Markets: IOSCO and the Politics of International Securities Market Standards". Thesis, 2013. http://hdl.handle.net/10012/7661.
Texto completo da fonteResumo:
What explains the creation and strengthening of international securities market standards through the International Organization of Securities Commissions (IOSCO)? This thesis addresses this question by analyzing the creation and strengthening of four of IOSCO’s international securities market standards between 1991 and 2010 relating to the following issues: the governance of cross-border financial crime, the objectives and principles of domestic securities market regulation, the regulation of credit rating agencies, and the regulation of hedge funds.
This thesis argues that the creation and strengthening of these standards is derived from the role and influence of three different political actors: the transgovernmental network of securities market regulators, domestic legislatures, and states. The role and influence of these different political actors differs across issue areas and across time. To account for the differentiated sources of international securities market standards, this thesis proposes a Principal-Agent (PA) analytical framework. Domestic legislatures (the principal) delegate to securities regulators (the agent) the authority to oversee and regulate domestic securities markets by granting regulators specific forms of statutory authority. Exercising discretion within this act of delegation, domestic securities regulators act together in a transgovernmental network to create and strengthen international securities market standards. They are prompted to act by threats to the integrity and stability of developed financial centers from under-regulated or ineffectively regulated foreign financial centers, as well as by new policy preferences of domestic legislatures seeking to regulate previously unregulated financial market actors. Domestic legislatures also use multiple agents to ensure that agents act consistent with their policy preferences: their concerns about the costs of under-regulated foreign jurisdictions can generate direct pressure from states on international financial regulatory institutions to strengthen the implementation of international financial standards.
This thesis makes an empirical contribution to existing literature by analyzing previously understudied international securities market standards. This thesis also makes a theoretical contribution to both IPE literature and PA theory within International Organization (IO) literature. For IPE literature, this thesis establishes a theoretical framework that accounts for the differentiated role and influence of the transgovernmental network of securities market regulators, domestic legislatures, and states in the creation and strengthening of international securities market standards. For PA theory within IO literature, this thesis highlights the role of the principled professional interests of the transgovernmental network of securities market regulators in creating and strengthening international securities market standards.
40
Huang, I. Ting, e 黃意婷. "The Impact Factors of Securities Firms Operating Performance after Securities Transaction Income Tax". Thesis, 2013. http://ndltd.ncl.edu.tw/handle/17882279927848891475.
Texto completo da fonteResumo:
碩士輔仁大學
金融與國際企業學系金融碩士班
101
Securities Transaction Income Tax has immediately become a hot issue in the stock market since Ministry of Finance proposed to reimpose it on March 2, 2012. The average daily turnover of the stock market decreased sharply, resulting in a direct impact on the capital market and the revenue of securities firms. Operating under increasing pressure, securities firms need to think about how to effectively position and transform themselves and plan for their future development. Based on opinions of a professional manager of a domestic securities firm, literature review, as well as statistical analysis through a questionnaire survey to 2012 year of observations, this research analyzes how enterprise capabilities, customer loyalty, risk management capabilities, information integration and application, employees' centripetal force and managers’ abilities influence the operating performance of securities firms respectively. The results show that enterprise capabilities, risk management capabilities, information integration and application, employees' centripetal force and managers’ abilities all have significantly positive effects on market share and profitability which are measurements of the operating performance of securities firms. The factors having the greatest influence on market share are, in descending order, enterprise capabilities, risk management capabilities, managers’ abilities, information integration and application and employees' centripetal force, while the factors having the greatest influence on profitability are, in descending order, enterprise capabilities, managers’ abilities, risk management capabilities, information integration and application and employees' centripetal force.
41
Wang, Chun-Chieh, e 王俊傑. "Performance Valuation on the Branch Offices of Securities Brokerage: Evidence from YUANTA Securities". Thesis, 2008. http://ndltd.ncl.edu.tw/handle/44281369494677254682.
Texto completo da fonteResumo:
碩士國立中央大學
財務金融學系碩士在職專班
96
The profitability of financial institutions is derived from the distribution of risk. Therefore, the setup of a brokerage’s branch office should not be guided solely by business and revenue concerns but also by risk distribution and changes to management, which can affect the overall success or failure of the institution. The performance benchmark must account for risk to properly reflect performance. The calculation of RAROC (Risk-Adjusted Return on Capital) accounts for risk and can show the relationship between risk and capital return. In this paper, we use RAROC to evaluate the performance of securities brokerage’s branch offices and compare the difference between the performance valuation under RAROC and the traditional system of performance valuation. The results can be summarized as follows: 1. Traditional branch office performance valuation is focused on the attainment of business/revenue goals; its difference from RAROC-valued performance is mainly that traditional performance valuations do not effectively consider the discount rate and yield of the branch office’s fee income. 2. The four independent variables which affect branch office RAROC are as follows: 1) brokerage market share; 2) discount rate on brokerage fee income; 3) branch office yield; and 4) the weighting of margin transactions. The discount rate on brokerage fee income has significant negative correlation with the RAROC, while the other three variables have significant positive correlations with the RAROC. 3. Another performance measurement, the ratio of branch office EBT (earnings before tax) and brokerage revenue, is easy to calculate and has a high correlation with RAROC; it may be a substitute for RAROC as a branch office performance estimate.
42
LO, YA-CHEN, e 羅雅珍. "Securities Representatives’ Attitudes toward Insurance Selling-The Case of the P Securities Corporation". Thesis, 2018. http://ndltd.ncl.edu.tw/handle/f85a7g.
Texto completo da fonteResumo:
碩士逢甲大學
金融碩士在職學位學程
106
Due to fierce competition in banking and securities industry, banks and securities firms begin to sell insurance products. This research intends to understand the current situation of securities firms that sell insurance and the attitudes of sales representatives toward selling insurance selling from three dimensions- recognition when selling insurance, education and training assistance received when selling insurance, and motive and performance when selling insurance. This research concludes as follows. 1. Sales representatives with different revenue have different attitudes toward recognition when selling insurance, different attitudes toward education and training assistance when selling insurance, different attitudes toward motive and performance when selling insurance. 2. The attitudes of sales representatives toward recognition when selling insurance are in positive relationships with motive and performance. Attitudes toward recognition are in positive relationships with education and training assistance. Education and training assistance are in positive relationships with motive and performance.
43
"Seasoned equity offering in China". 2003. http://library.cuhk.edu.hk/record=b5891695.
Texto completo da fonteResumo:
Hu Jun.Thesis (M.Phil.)--Chinese University of Hong Kong, 2003.
Includes bibliographical references (leaves 52-55).
Abstracts in English and Chinese ; appendix also in Chinese.
Chapter 1 --- Introduction --- p.1
Chapter 2 --- Background --- p.2
Chapter 2.1 --- The Development of China Capital Markets --- p.2
Chapter 2.2 --- Comparison of Different Methods of Additional Financing --- p.4
Chapter 2.3 --- Seasoned Equity Offering (SEO) in China --- p.6
Chapter 3 --- Literature Review --- p.8
Chapter 3.1 --- Literature on Price Effect of New Equity Offering Announcements --- p.8
Chapter 3.1.1 --- Information Hypotheses --- p.8
Chapter 3.1.2 --- Leverage-Related Capital Structure Hypotheses --- p.10
Chapter 3.1.3 --- Price Pressure Hypothesis --- p.11
Chapter 3.2 --- Literature Related to Operating Performance of Firms Conducting New Equity Issues --- p.12
Chapter 4 --- Data --- p.14
Chapter 5 --- Price Effect of Seasoned Equity Offering --- p.16
Chapter 5.1 --- Methodology --- p.16
Chapter 5.2 --- Results --- p.19
Chapter 5.2.1 --- Announcement Day Effect --- p.19
Chapter 5.2.2 --- Issue Size and Announcement Day Price Effect --- p.22
Chapter 5.2.3 --- Cumulative Abnormal Return (CAR) Surrounding Announcement Day --- p.25
Chapter 5.2.4 --- After Market Effect --- p.31
Chapter 6 --- Operating Performance of SEO Firms --- p.34
Chapter 7 --- Determinants of SEO Decision --- p.41
Chapter 7.1 --- Financial Slack and SEO Decision --- p.41
Chapter 7.2 --- Ratio of Floating Shares and SEO Decision --- p.44
Chapter 8 --- Conclusion --- p.47
Chapter 8.1 --- Summary --- p.47
Chapter 8.2 --- Suggestion --- p.49
Reference --- p.52
Appendix A A Case Study On Seasoned Equity Offering --- p.56
Appendix B Policies Related to Seasoned Equity Offering (Original Chinese Version) --- p.61
44
Yu, Yu-Chin, e 游育進. "The Study on Securities Consumers’ Acceptability for Selling Life Products through The Securities Firms". Thesis, 2004. http://ndltd.ncl.edu.tw/handle/q5x2e5.
Texto completo da fonteResumo:
碩士銘傳大學
經濟學系碩士在職專班
92
Developing a new distribution channel is very important to the Taiwan’s life insurance companies. This study examines securities consumers’ acceptability for selling life products through the securities firms. The consumers of six securities firms in Taipei are selected for the subjects of this study. This study provides three major findings. The first finding is that a number of demographic variables and what product significantly influence the extent of life products’ acceptability. The second is that a number of demographic variables significantly influence a variety of financial demands. The final is that most of securities consumers prefer annually or monthly premium paying mode; and auto-pay via bank account or credit card.
45
chung, pan huai, e 潘懷忠. "A Study of Securities Industry’s Crisis Prevention Mechanism—An Example of A Securities Company". Thesis, 2004. http://ndltd.ncl.edu.tw/handle/81092547449621115815.
Texto completo da fonteResumo:
碩士大葉大學
人力資源暨公共關係學系碩士在職專班
95
From the beginning of 1980s, the subject dealing with crisis and the study related to crisis has gradually attracted attention. The majority of studies were to aim at the crisis processing during the occurrence and at the rehabilitation after crisis; however, the crisis of prevention and warning were few to focus on. This study is not only trying to help the Securities Industry to realise their weakness and potential threat, but also to explore the possible existing risk and prevention of crisis in domestic Securities Industry. The main purpose of this study includes three parts as indicated below: 1. To further interview the stakeholders of the Securities Industry and to conclude the types of crisis which the Securities Industry may confront, 2. To detect the possible crisis premonition in accordance with the types of crisis, 3. To attempt to research prevention measures as the crisis premonition in order to provide the Securities Industry for reference in crisis prevention. This study concludes 5 types of crisis and 10 possible risks and explains the possible premonition and prevention. The study is also found that the Securities Industry exposes in high risk because they are unable to thoroughly obey the government legislations as the crisis shows. Above all, the incidents were handled on a low-profile basis so that the similar issues exposed again and again. Therefore, this study has made the following suggestion to the Securities Industry: -- Attention to details, -- To fully obey the government legislations, -- To share the experience from the past cases in order to strengthen the systems and avoid repeated mistakes.
46
Chen, Wan-ting, e 陳菀婷. "A Study of Organization Resistance for Securities Industry~ A Case Study of EMT Securities". Thesis, 2015. http://ndltd.ncl.edu.tw/handle/v4e7c3.
Texto completo da fonteResumo:
碩士國立臺灣科技大學
資訊管理系
103
In 2012, the trading volume in securities markets significantly declined due to changes in the global financial environment and the capital gains tax on securities. The prolonged drought in trading volume threatens the survival of securities firms. This case study describes the significant decline in the revenue of EMT Securities due to the impact of the capital gains tax on securities. It also describes the company’s hope for surviving the financial crisis, generating more revenue, and making a profit through reforming securities trading patterns. The story in this case study is that of EMT Securities. Because most customers place their orders using the online trading platform, with deficient trading volume, brokers and order entry staff are sitting idle. Therefore, the company uses the centralized order processing center transaction model that is used by Mirae Asset Securities, the largest securities firm in South Korea. In compliance with regulations in Taiwan and with consideration for the conditions within the organization, the company transformed the Korean model into a structure of dispersed, small-scale order processing centers. Even though the company plans to turn its business prospects around through service design and promoting innovation, it faces issues such as resistance to change from members in the organization and conflicts. At this moment, the supervisors of the brokerage service department are confronting the choice as to whether they should continue to implement the new trading structure. The purpose of this case study is to discuss theories such as innovation management, service design, conflict and consensus, and change management with regard to topics such as whether EMT Securities should continue to implement the new trading structure.
47
Chen, Shue-Chun, e 陳旭春. "The Limitation in the Penalties of Securities Manipulation-Focusing on the Securities Trading Type". Thesis, 2014. http://ndltd.ncl.edu.tw/handle/5z9hgq.
Texto completo da fonteResumo:
碩士國立中興大學
法律學系碩士在職專班
102
To use the legal sanctions against securities manipulation is the common issue in capitalist societies. The function of the legislature is to draw the line between the legal and illegal trading in securities market at general level. The functions of the executive are to find out illegal securities manipulation timely and quickly and establish standards of value at concrete level. Based on the cooperative system between the legislature and the executive, it is the best way to prevent illegal securities manipulation and to secure the predictability of the anti-securities manipulation provisions. The legislators categorized the offense against securities manipulation under the existing anti-securities manipulation provisions into the type of abstract crime of danger (abstraktes Gefahrdungsdelikt). The ambiguity and uncertainty of existing provisions necessarily result in discrepancies between the courts. More importantly, influenced by free-market capitalism, the uniformity of court decisions on the application of anti-securities manipulation provisions has not been achieved. Economic development and the predictability of the anti-securities manipulation provisions would inevitably be in peril. The legal concept of securities manipulation has been characterized as normative in nature. The legislators did not phrase it precisely, and therefore provide no real help in the practical application. Courts should go beyond the literal meaning of the provisions to find a more practical solution in the light of the limits of criminal law.
48
LAI, YI-HSIN, e 賴意心. "Strategic Business Model for Securities Counter on banking -the Case of Taiwanese Securities Corporation". Thesis, 2015. http://ndltd.ncl.edu.tw/handle/hj2f8y.
Texto completo da fonteResumo:
碩士國立臺灣師範大學
高階經理人企業管理碩士在職專班(EMBA)
103
The need for financial management is increasing in Taiwan due to our people’s preference for savings and the rapid accumulation of the assets. The investors’ investment direction has transformed from preference investment to managing financial investment. Based on how ”Porter five forces analysis” is adopted in the competitiveness of Taiwanese Securities Business, the threats brought by the potential competitors, the possibility of the substitute invention and the bargaining power equipped with the suppliers and customers. T, then how “SWOT Analysis” is further taken to know the strengths, weaknesses, opportunities and threats of Taiwanese Securities Business; moreover, value network strategies are applied to study the operation of the Securities Counter on banking. Qualitative research is used in this research and through the interviews held with the senior and experienced managers from the related industries, we found it valuable to tell the differences of performing the case study’s Securities Counter on banking from the traditional managements. We’ve found out from the research that besides the importance of the credit checking of the customers’ information when they’re opening new accounts at the bank, a capable group coming from the original securities corporation is needed as well to provide instant assistances with the front desk such as the dealings with the orders, special trades and risk control of stocks. The securities’ services like data backup, risk control, central depository and credit trading account are also included to perfect the service package. The customers’ dependency on the traditional securities corporations won’t be replaced unless these services are literally practiced. The clerks should continuously concern about their customers’ needs and despite their best endeavors to execute with efficiency, then Securities Counter on banking could produce a profit to the securities corporations definitely. According to the value network strategies, further recommendation can be raised to the transformation of the case study’s operation to “Multi-Service Operation”, including the coverage of the fields as securities, investment trust, banking and insurance. Therefore, the integration of the information service platform establishment, futures market, spot market, and the global financial researches are inevitable; furthermore, the training of the international elites is essential to go with the future trend of the Act to promote Offshore Securities Unit (OSU).
49
Chun-Ying, Liu, e 劉春櫻. "Data mining in the securities industry customer relationship management model - a domestic securities company". Thesis, 2013. http://ndltd.ncl.edu.tw/handle/31445308442237907754.
Texto completo da fonteResumo:
碩士輔仁大學
企業管理學系管理學碩士在職專班
101
The purpose of this research is to use three commonly adopted data mining techniques, namely discriminant analysis, logistic regression, and artificial neural networks in building classification models aiming to filter out the significant variables who tend to be significant or profitable traders of a securities company and hence can provide useful information for better customer relationship management. In order to verify the feasibility of the proposed idea, one dataset from a securities company in Taipei was adopted in building classification models. The empirical results indicate that back-propagation neural network has better classification accuracy in comparison with logistic regression and discrimiant analysis under different performance criteria. The obtained significant variables can also provide useful information for better customer care and relationship management.
50
Wei, Chu-yun, e 魏楚芸. "Market States and Idiosyncratic Risk：Comparing Securities Subsidiaries with Non-Financial Holding Securities in Taiwan". Thesis, 2009. http://ndltd.ncl.edu.tw/handle/25163530093756982936.
Texto completo da fonteResumo:
碩士義守大學
管理學院碩士班
97
We mainly examine the idiosyncratic risk between the securities subsidiaries and the non-financial holding securities in Taiwan under different market states. We distinguish three market states by citing Pagan and Sossounov (2003) and modify three models with GRACH effect and three kinds of measurement to estimate the idiosyncratic risk. The findings are as follows: The idiosyncratic risk of the securities subsidiaries are all lower than the non-financial holding securities, and not higher than the non-financial holding securities after we distinguish three market states. Whether we distinguish the market states or not, the market risk of the securities subsidiaries are all lower than the non-financial holding securities. Besides, most of the variations of idiosyncratic risk are widest under the bullish and range bound market, and this result indicates that it is necessary to distinguish market states. The cause probably impacts that the difference of the idiosyncratic risk between the securities subsidiaries and the non-financial holding securities themselves under three market states is the ratio of the operating securities - dealing department under different market states.