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The aim of this study is to investigate how network effects affect the quality and price decisions of firms in a …-quality producers lower it. The degree of product differentiation is thus expanded. The price of high-quality products decreases first … and then increases, but the price of low-quality product diminishes as network effects increase. Simultaneously, market …
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Chinese Abstract: 融資限制指的是:公司無法按照最適投資所要求的條件來取得外部資金, 以致無法達到最適投資。本研究建構一個基於盈餘資訊性的融資限制之理論模...
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Chinese Abstract:...
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This research starts with the assumption that, in Taiwanese companies listed as "Emerging," earnings are manipulated to surpass a cognitive reference point denoted by ¡uN*10k¡v, as has been documented by Carslaw (1988) and Thomas (1989). This paper investigates whether similar manipulation...
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