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| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 廖咸興(Hsien-Hsing Liao) | |
| dc.contributor.author | I-Hsuan Wu | en |
| dc.contributor.author | 吳翊瑄 | zh_TW |
| dc.date.accessioned | 2021-06-08T01:58:21Z | - |
| dc.date.copyright | 2016-07-25 | |
| dc.date.issued | 2016 | |
| dc.date.submitted | 2016-06-29 | |
| dc.identifier.citation | Bikhchandani, S., Hirshleifer, D., and Welch, I., 1998. “Learning from the behavior of others: Conformity, fads and informational cascades”. Journal of Economic Perspectives 12, 151–170.
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| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/19423 | - |
| dc.description.abstract | 近年來，同產業公司之間互動對公司財務決策之影響日益受到關注，在Leary and Roberts(2014)中以同產業公司平均股價報酬衝擊作為槓桿比率之代理變數，探討其對公司債利差之影響。本研究延續其論文，加入供應鏈因素，欲探討當顧客或供應商之同產業公司之個別風險增加時，對顧客及供應商之破產風險、供應鏈之穩定及公司之信用風險之影響。實證結果顯示，上下游之同產業公司的個別風險對上下游公司資本決策造成影響，並與公司債利差呈顯著負相關，且越重要之顧客其影響越大，但在供應鏈端則未見此差異，顯見顧客端及供應端在不可取代性上之差異。 | zh_TW |
| dc.description.abstract | The study investigates how the idiosyncratic risks of peer firms of suppliers/ customers affect corporate bond yield spreads. We use the average stock return shocks of the peer firms as a proxy of the change of the peer firm’s capital structures, which is developed by Leary and Roberts(2014). The results show that both the idiosyncratic risks of peer firms of suppliers and customers negatively affect a firm’s credit spread. In addition, more important customers have more significant effects while more important suppliers do not have this kind of effect compared to non-main suppliers. | en |
| dc.description.provenance | Made available in DSpace on 2021-06-08T01:58:21Z (GMT). No. of bitstreams: 1 ntu-105-R03723019-1.pdf: 874115 bytes, checksum: ee377168c351df6bfdcbf9e4025cf290 (MD5) Previous issue date: 2016 | en |
| dc.description.tableofcontents | 口試委員審定書………………………………………………………i
誌謝………………………………………………………………………… ii 摘要………………………………………………………………………… iii Abstract…………………………………………………………………………iv 目錄………………………………………………………………………… v 圖表目錄…………………………………………………………………………vi 第一章 概述 …………………………………………………………………………1 第二章 研究假說 ……………………………………………………………………4 第三章 研究樣本與研究方法 ………………………………………………………5 3.1 資料來源與樣本篩選………………………………………………………5 3.2 公司槓桿比率代理變數……………………………………………………5 3.3 債券特徵變數………………………………………………………………8 3.4 公司特徵變數………………………………………………………………9 3.5 敘述統計……………………………………………………………………9 第四章 實證結果與分析……………………………………………………………11 第五章 結論…………………………………………………………………………15 參考文獻 ……………………………………………………………………………16 | |
| dc.language.iso | zh-TW | |
| dc.title | 上下游同產業公司股價報酬衝擊對公司債利差之影響 | zh_TW |
| dc.title | Idiosyncratic Shocks of Peer Firms of Suppliers and Customers and Corporate Bond Yield Spreads | en |
| dc.type | Thesis | |
| dc.date.schoolyear | 104-2 | |
| dc.description.degree | 碩士 | |
| dc.contributor.oralexamcommittee | 何耕宇(Keng-Yu Ho),陳宗岡(Tsung-Kang Chen) | |
| dc.subject.keyword | 信用風險,同產業互動,公司債利差,供應鏈, | zh_TW |
| dc.subject.keyword | Credit risk,Peer firms,Yield spread,Supply chain, | en |
| dc.relation.page | 27 | |
| dc.identifier.doi | 10.6342/NTU201600554 | |
| dc.rights.note | 未授權 | |
| dc.date.accepted | 2016-06-30 | |
| dc.contributor.author-college | 管理學院 | zh_TW |
| dc.contributor.author-dept | 財務金融學研究所 | zh_TW |
| 顯示於系所單位： | 財務金融學系 | |
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