English  |  正體中文  |  简体中文  |  Post-Print筆數 : 11 |  Items with full text/Total items : 88837/118541 (75%)
Visitors : 23547247      Online Users : 417
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    政大機構典藏 > 商學院 > 會計學系 > 期刊論文 >  Item 140.119/78255
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/78255


    Title: Prior Financial Ratio Information and Differential Market Response to Regulatory Changes
    Authors: Banker, Rajiv D.;Das, Somnath;Ou, Chin S.
    歐進士
    Contributors: 會計系
    Date: 1995-10
    Issue Date: 2015-09-03 16:33:31 (UTC+8)
    Abstract: This paper presents empirical evidence that previously disclosed financial ratio information is useful in explaining differential market reactions for a cross-section of firms facing subsequent common industry-level changes. We focus our attention on the Airline Deregulation Act of 1978 (Public Law 95-504), which was aimed at complete deregulation of the U.S. airline industry after 40 years of federal regulation. Our empirical results indicate that market reaction to the deregulatory changes is positively associated with operating performance and asset utilization. This suggests that an airline firm's operating efficiency as measured by these ratios is a key determinant of how investors expect it to perform in a deregulated competitive environment.
    Relation: Journal of Accounting, Auditing & Finance, 10(4), 699-717
    Data Type: article
    DOI 連結: http://dx.doi.org/10.1177/0148558X9501000402
    DOI: 10.1177/0148558X9501000402
    Appears in Collections:[會計學系] 期刊論文

    Files in This Item:

    File Description SizeFormat
    699-717.pdf1075KbAdobe PDF492View/Open


    All items in 政大典藏 are protected by copyright, with all rights reserved.


    社群 sharing

    著作權政策宣告
    1.本網站之數位內容為國立政治大學所收錄之機構典藏,無償提供學術研究與公眾教育等公益性使用,惟仍請適度,合理使用本網站之內容,以尊重著作權人之權益。商業上之利用,則請先取得著作權人之授權。
    2.本網站之製作,已盡力防止侵害著作權人之權益,如仍發現本網站之數位內容有侵害著作權人權益情事者,請權利人通知本網站維護人員(nccur@nccu.edu.tw),維護人員將立即採取移除該數位著作等補救措施。
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback