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| Title: | 首次公開發行普通股的長期績效與原因分析 |
| Authors: | 張于紳
Zhang, Yu-Shen |
| Contributors: | 謝劍平
Xie, Jian-Ping
張于紳
Zhang, Yu-Shen |
| Keywords: | 新上市股
首次公開發行
過度反應
IPOs
overreaction
underperformance |
| Date: | 1995 |
| Issue Date: | 2016-04-28 15:07:19 (UTC+8) |
| Abstract: | 新上市股的長期績效優於市場,但相較於五年未發行新股的對照公司則較差,而在市場空頭時期上市的股票績效卻相對較佳.和未發行新股的對照公司相較,股票的年報酬率變化呈現碗狀的趨勢,在上市後的營運績效有下滑的現象,隱含投資人有過度樂觀的情形.新股發行效果存在,即新上市股在上市五年內對預期報酬率都有負的影響.此效果和規模效果,市價淨值效果同時存在而無法取 |
| Reference: | 一、中文部份
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| Description: | 碩士
國立政治大學
財務管理研究所
83357001 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#B2002003001 |
| Data Type: | thesis |
| Appears in Collections: | [Department of Finance] Theses
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