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The Motivations of Issuing Convertible Bonds - An Inquiry regarding the Sequential-Financing Hypothesis

Chen, Chun-Da; Hung, Fu-Pin; Chen, Dar-Hsin; Lin, Hsin-Ho - In: Journal of Economics and Management 4 (2008) 2, pp. 229-250

The aim of this paper is to re-examine the sequential-financing hypothesis in the context of convertible bond issuances …

Persistent link: https://www.econbiz.de/10008541454

The Policy Effects of Lifting the Short-Sale Price Restriction on Stock Price Behaviors

Chan, Shih-Ju; Lin, Ching-Chung; Kuo, Wen-Hsiu - In: Journal of Economics and Management 4 (2008) 2, pp. 203-228

The restriction of short-sale prices, which stated that short-sale prices must not be lower than the closing price of the previous trading day, no longer applies to the constituent stocks of the Taiwan Top 50 Index. This study investigates the abnormal returns and volatility changes of those...

Persistent link: https://www.econbiz.de/10008555948

Shared Analyst Coverage and Connected-Firm Momentum Spillover in China

Jiang, Danling; Peng, Xun; Zhu, Hongquan - 2022

Chinese Abstract: A股关联公司的股票动量溢出效应研究:...

Persistent link: https://www.econbiz.de/10013405840

Causality between stock volatility and macroeconomic volatilities in Taiwan

Chen, Yenpao - 1999

Persistent link: https://www.econbiz.de/10001506368

Impact of Taiwan Top 50 ETF on the Liquidity of the Constituents of the Taiwan 50 Index

Lin, Ching-Chung; Chiang, Min-Hsien; Chan, Shih-Ju; … - In: Journal of Economics and Management 2 (2006) 2, pp. 187-205

Taiwan Top 50 Tracker Fund (TTT) is the first Exchange Traded Fund (ETF) in Taiwan. This study investigates the impact of TTT on the liquidity of the constituent stocks. The empirical result coincides with the expectation of arbitrage hypothesis that the liquidity of the constituents is...

Persistent link: https://www.econbiz.de/10008555938

評論臺灣股票市場價格群聚現象之研究 (Critique of Papers on Price Clustering in the Taiwan Stock Market)

Liu, Jen-Chang - 2016

Chinese Abstract:...

Persistent link: https://www.econbiz.de/10012987794

中美市场的长期α与β (The Long Term α and β of Chinese and US Market)

Liu, Ruozhou - 2019

Chinese Abstract:...

Persistent link: https://www.econbiz.de/10012868175

The Market Responses to Earnings Seasonality : Evidence from Chinese A-Share Market

He, Yujin; Jiang, Danling; Zhu, Hongquan - 2022

Chinese Abstract:...

Persistent link: https://www.econbiz.de/10013321517

Asset Pricing - A Brief Review

Li, Minqiang - 2010

asset pricing model (CAPM), the arbitrage pricing theory (APT), the consumption capital asset pricing model (CCAPM), the …

Persistent link: https://www.econbiz.de/10015221381

半均衡定价 : CAPM 公式 (Semi-Equilibrium Pricing: The CAPM Formula)

Chen, Deng-Ta - 2021

Chinese abstract: 我们发现了半均衡定价方法，它先求解投资者的最优组合，这一步与均衡定价方法一致，但半均衡定价的第二步只使用市场出清条件的一部分而不是全体约束。据此，我们揭示了 CAPM 公式不是均衡定价公式，而是半均衡定价公式：CAPM … 公式成立时不能确保市场出清，只有给定风险证券总市值，CAPM 公式才能完全确定出基本证券的价格。此外，我们指出，SDF 定价公式是投资者实施组合优化的结果，它以线性定价函数的形式呈现，可以作为创建定价函数的基础模板。English abstract: We … only a part of the market clearing conditions rather than the whole. Based on this, we show that the CAPM (Capital Asset …

Persistent link: https://www.econbiz.de/10013246008