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    政大機構典藏 > 商學院 > 會計學系 > 學位論文 >  Item 140.119/60359
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/60359

    Title: 內部人行為對私募折價幅度之影響
    The effects of insider activities on price discounts in private placement
    Authors: 徐翊中
    Hsu, Yi Chung
    Contributors: 張清福
    Hsu, Yi Chung
    Keywords: 私募
    private placement
    price discount
    entrenchment hypothesis
    Date: 2010
    Issue Date: 2013-09-05 14:28:50 (UTC+8)
    Abstract: 本研究以適用於民國九十九年九月一日修正前之「公開發行公司辦理私募有價證券應注意事項」辦理私募增資之上市櫃公司為研究對象,研究期間為民國九十四年十月十一日至九十九年八月三十一日,以探討內部人行為對私募折價幅度之影響。
    This study examines the effect of insiders’ activities on the price discount of private placement. The sample period starts from October 11th, 2005 and ends August 31th, 2010, one day before the last revision on the regulation, Directions for Public Companies Conducting Private Placements of Securities.
    The empirical result shows that the price discount under private placement with insiders involved is more than that with outsiders only. The insiders, in accordance with entrenchment hypothesis, may benefit by discounting the price in the private placement. In addition, more price discount may also be taken by the insiders who intend to benefit from selling stocks while purchasing stocks from the private placement or intentionally concealing information about their relationship with the company. It’s evident that the price discount under private placement has something to do with whether the insiders are involved and how they behave in response.
    Reference: 中文部分





    李超雄、鍾宇軒、黃劭彥與郭嘉哲,2010,無形資產、智慧資本與私募,會計與公司治理,第七卷,第1期,53-84 頁。














    經濟日報,2010.6.3,私募... 不是洪水猛獸,A4版。





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    Description: 碩士
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0098353042
    Data Type: thesis
    Appears in Collections:[會計學系] 學位論文

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