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Chinese Abstract: 在臺灣金融市場歷史,上市公司在除息後,未能在半年內支付現金的案例是:英誌與科風。前者在除息後的第582日才支付現金,後者至今...
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This paper extends the results obtained by Hwang et al. (1997) and Yang (2005) to the case of multi-domestic firms. Either the domestic government's budget constraint may be binding or there exists the social cost which caused by financing the export subsidy, we find that the policy of the...
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