English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  Items with full text/Total items : 109948/140897 (78%)
Visitors : 46106790      Online Users : 1376
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 > 財務管理學系 > 學位論文 >  Item 140.119/87548
    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/87548


    Title: 論臺灣海外可轉換公債之設計與外匯避險問題
    On the designing and foreign exchange hedging issues of Taiwanese euroconvertibles
    Authors: 程裕城
    Cheng, Yu-Cheng
    Contributors: 吳啟銘
    Wu, Qi-Ming
    程裕城
    Cheng, Yu-Cheng
    Keywords: 海外可轉換公司債
    證券設計
    發行動機
    外匯避險
    財務工程
    二因子模式
    Euroconvertibles
    security designa
    rationale
    foreign exchange hedging
    financial engineering
    two-factor model
    Date: 1995
    Issue Date: 2016-04-28 15:07:17 (UTC+8)
    Abstract: 本文首先利用證券設計的原理來探索臺灣發行海外可轉換公司債的動機同時也探討這些發行公司究竟該不該積極地管理其債券風險
    The thesis first examines the rationales of Taiwanese Euroconvertibles.Then, the foreign exchange hedging issue is explored for the issuers.
    Reference: AdJer, M. and B. Dumas, 1984, "Exposure to Currency Risk," Financial Management 13, pp.41-50.
    Brennan, M. and E. Schwartz, 1977, "Conveltible Bond: Valuation and Optimal Strategies for Call and Conversion," Journal of Finance (December), pp. 1699-1715.
    Brennan, M. and E. Schwaltz, 1982, "The Case for Conveltibles," Chase Financial Qualterly 1, pp. 27-46.
    Brennan, M. and A. Kraus, 1987, "Efficient Financing under Asymmetric Information," Journal of Finance 42, pp. 1225-44.
    Chen, Mu-Tsai, 1992, "The Financial System and Financial Policies of the Republic of China on Taiwan," Financial Reference Series 17 (March), (MiniStlY of Finance, Taiwan,
    RO.C.).
    Chen, Po-Chao, 1995, "Euroconvertibles: Sweetner or Toxi.n," (in Chinese) Taiwan Stock Outlook-1995 (May), pp. 20-22.
    Chew, Jr. D.H., 1993, The New Corporate Finance Where Theory Meets Practice, (McGrawHill,Inc.)
    Copeland, T.E. and J.F. Weston, 1992, Financial Theory and Corporate Policy, 3rd ed., (Addison-Wesley Publishing Company, Inc.)
    Dufey, G. and S. Srinivasulu, 1983, "The Case for Corporate Management of Foreign Exchange Risk," Financial Management, Vol. 12, No.4, pp. 54-62.
    Eckbo, E., 1986, "The Valuation Effect of Corporate Debt Offerings," Journal of Financial Economics 15, pp. 119-151.
    Fabozzi, F.J. and T.D. Fabozzi, 1995, The Handbook of Fixed Income Securities, 4th ed. , (Irwin).
    Finnerty, ID., 1993, "Interpreting SIGNs," Financial Management, Vol. 22. No.2, pp. 35-47.
    Francis, IC., W.W. Toy and IG. Whittaker, 1995, The Handbook of Equity Derivatives, (Irwin).
    Galitz, L.,1994, Financial Engineering, (Pitman Publishing, London).
    Gibbons, M., 1982, "Multivariate Tests of Financial Models: A New Approach," Journal of Financial Economics 10 (January), pp. 3-27.
    Hsiao, Teng-Yao, 1994, " Overview to the issuance of the Euroconveliible of Stock-Listed Finn," (in Chinese) Security Management (July), pp. 42-57.
    Hlmg, Mao-Wei, 1995, "Insights into Corporate Finance: Hedging First," (in Chinese) Wealth Magazine157 (April), pp. 288-29l.
    Jensen, M.C. and W. Meckling 1976, "Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure," Journal of Financial Economics 3, pp. 306-360.
    Jorion, P. 1991, "The Pricing of Exchange Rate Risk in the Stock Market," Journal of Financial and Quantitative Analysis 26, 3 (September), pp. 363-376.
    Kaufold, ll. and Smirlock, M., 1986, "Managing Corporate Exchange and Interest Rate Exposure," Financial Management 15,3, pp. 64-72.
    Kerkvliet, J. and M.ll. Moffett, 1991, "The Hedging of an Uncetiain Future Foreign Currency Cash Flow," Journal of Financial and Quantitative Analysis 26, 4 (December), pp. 565-579.
    Kmenta, J. , 1990, Elements of Econometrics, 2nd ed., (Macmillan Publishing Company, NewYork).
    Lee, Tsun-Siou, and Shu-Wan Chang, 1994, " The Issuance of convertibles: Factors Considered and its Relation to the Finn`s Value," (in Chinese) Security Market Development Quatierly 22 (March). pp. 279-305.
    Lin, Chiang-Liang, 1995, "On the Financial Quality of the Companies Issuing Convertible Bonds," (in Chinese) Master Thesis, National Chengchi University.
    Lin, Ching-Hua, 1995, "Something beyond the Opening to Foreign Investors: A Note on the Influence of Euroconvertibles on the Domestic Stock Market," (in Chinese) Capital Securities Journal Weekly, Issue 241 (March).
    Marshall, J.F. and VK Bansal 1992, Financial Engineering, (New York Institute of Finance, New York, New York) .
    . Mishra, B and M.P. Narayanan, 1991, "On the Design of Convertible Bond," Working Paper, The University of Michigan.
    Ross, S.A., R.W. Westerfield, and I.F. Jaffe, 1993, Corporate Finance, 3rd ed . (Irwin, Homewood, Illinois).
    Stulz, R.M., "Options on the Minimum and Maximum of Two Assets," Journal of Financial Economics 10, 1982, pp. 161-185.
    Description: 碩士
    國立政治大學
    財務管理研究所
    83357006
    Source URI: http://thesis.lib.nccu.edu.tw/record/#B2002003000
    Data Type: thesis
    Appears in Collections:[財務管理學系] 學位論文

    Files in This Item:

    There are no files associated with this item.



    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 Copyright Announcement
    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。
    The digital content of this website is part of National Chengchi University Institutional Repository. It provides free access to academic research and public education for non-commercial use. Please utilize it in a proper and reasonable manner and respect the rights of copyright owners. For commercial use, please obtain authorization from the copyright owner in advance.

    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。
    NCCU Institutional Repository is made to protect the interests of copyright owners. If you believe that any material on the website infringes copyright, please contact our staff(nccur@nccu.edu.tw). We will remove the work from the repository and investigate your claim.
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback