請用此 Handle URI 來引用此文件：
http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/23818完整後設資料紀錄
| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 廖咸興 | |
| dc.contributor.author | Hsiao-Hsien Chen | en |
| dc.contributor.author | 陳筱薟 | zh_TW |
| dc.date.accessioned | 2021-06-08T05:10:32Z | - |
| dc.date.copyright | 2011-07-29 | |
| dc.date.issued | 2011 | |
| dc.date.submitted | 2011-07-12 | |
| dc.identifier.citation | Amir, E. (1993), The market evaluation of accounting information: The case of postretirement benefits other than pensions. The Accounting Review 68, pp. 703-724.
Barth, M.E., Beaver, W.H., Hand, J.M., Landsman, W.R., (1999), Accruals, cash flows, and equity values. Review of Accounting Studies 4, pp. 205–229. Basu, S. (1977), Investment performance of common stocks in relation to their price-earnings ratios: A test of the efficient market hypothesis. The Journal of Finance 32, pp. 663-682 Ball, R., Brown P. (1968), An empirical evaluation of accounting income numbers. Journal of Accounting Research 6, pp. 159-178 Bertrand, M., Schoar A. (2003), Managing with style: The effect of managers on firm policies. Quarterly Journal of Economics 118, pp. 1169–1208. Brown, D. L., Caylor, L. M. (2006), Corporate governance and firm valuation. Journal of Accounting and Public Policy 25, pp. 409-434. Callen, L.J, Segal, D. (2005), Empirical tests of the Feltham–Ohlson (1995) model. Review of Accounting Studies 10, pp. 409-429 Callen, L. J., Morel, M. (2005), The valuation relevance of R&D expenditures: Time series evidence. International Review of Financial Analysis 14, pp. 304-325 Chemmanur, J. T., Paeglis, I.(2005), Management quality, certification, and initial public offerings. Journal of Financial Economics 76, pp.221-368 Chemmanur, T. J., Paeglis, I., & Simonyan, K. (2009), Management quality, financial and investment policies, and asymmetric information. Journal of Financial and quantitative analysis 44, pp. 1045-1049 Chevalier, J., and G. Ellison. (1999), Are some mutual fund managers better than others? Cross-sectional patterns in behavior and performance. Journal of Finance 54, pp. 875–899 Dechow, M. P., Hutton, P. A. (1999), An empirical assessment of the residual income valuation model. Journal of Accounting and Economics 26, pp.1-34 Fama, E. F. French, K.R. (1992), The cross-section of expected stock returns. Journal of Finance 47, pp.427-465 Fama, E. French, K. (1993), common risk factors in the returns on stocks and bonds. Journal of Financial Economics 33, pp.3-56 Fama, E. French, K. (1995), Size and book-to-market factors in earnings and returns. Journal of Finance 50, pp.131-155 Feltham, G.A. Ohlson, J.A. (1995), Valuation and clean surplus accounting for operating, financial activities. Contemporary Accounting Research 11, pp.689-731 Feltham, G.A. Ohlson, J.A. (1996), Uncertainty resolution and the theory of depreciation measurement. Journal of Accounting Research 34, pp.209-234 Garrod, N. Rees, W. (1998), International diversification and firm value. Journal of Business Finance and Accounting 25, pp.1255-1281 Hand R. M. J., Landsman, R. W. (2005), The Pricing of Dividends in Equity Valuation. Journal of Business Finance & Accounting 32, pp.435-469 Lee S. C., Lin C.T., Chang P.T. (2011), An Ohlson valuation framework for valuing corporate governance：The case of Taiwan. Pacific-Basin Finance Journal 19, pp.420-434 Lev, B. & Sougiannis, T. (1999), Penetrating the book-to-market black box: the R&D effect. Journal of Business Finance and Accounting 26, pp.419-449 Lev, B., Zarowin, P. (1999), The boundaries of financial reporting and how to extend them. Journal of Accounting Research 37, pp. 353-385 Louder, M.L., Khurana, I.K. and Boatsman, J.R. (1996), Market valuation of regulatory assets in public utility firms. The Accounting Review 71, pp. 357-373 Myers, N. J. (1999), Implementing residual income valuation with linear information dynamics. The Accounting Review 74, pp. 1-28 Ohlson, A. J. (1995), Earnings, book values, and dividends in equity valuation. Contemporary Accounting Research 11, pp. 661-687 Ohlson, A. J. (2001), Earnings, book values, and dividends in equity valuation: An Empirical Perspective. Contemporary Accounting Research 18, pp.107-120 Sloan, G. R. (1996), Do stock prices fully reflect information in accruals and cash flows about future earnings? The Accounting Review 71, pp. 289-315 Stober, L. T. (1999), Empirical applications of the Ohlson (1995) and Feltham and Ohlson (1995, 1996) valuation models. Managerial Finance 25, pp.3-16 Swartz, G. E. (2005), An empirical examination of the value relevance of intellectual capital using Ohlson (1995) valuation model. Meditari Accountancy Research 14, pp67-81 Xie, H. (2001), The Mispricing of Abnormal Accruals. The Accounting Review 76. pp. 357-373 | |
| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/23818 | - |
| dc.description.abstract | 由於許多研究質疑會計資訊的有用性及效率性，本論文試圖以非財務資訊來解釋公司市場價值及帳面價值的差異，我們採Ohlson(1995)股權評價模式，將會計報表所無法涵蓋的資訊如管理品質，納入評價模型中。Chemmanur et al. (2005, 2009) 提到好的管理品質代表管理團隊投資時傾向選擇高淨現值的投資計劃，進而增加公司價值。根據2000年至2009年美國企業資料，我們發現管理品質確實對Ohlson (1995)中提到的非財務資訊具有解釋能力。 | zh_TW |
| dc.description.abstract | Many studies question the usefulness and effectiveness of accounting information. Therefore, this study attempts to explain the gap between the market value and book value of a firm by using non-financial information by using the data of American firms from 2000 to 2009. Chemmanur et al. (2005, 2009) argue that high quality managers tend to choose positive NPV projects and enhance the value of the company. Therefore, this research adopts Ohlson (1995) equity valuation model and takes management quality as a non-financial factor into the valuation model. Empirical results conclude that good management quality significantly explain the gap between firm’s market value and book value. | en |
| dc.description.provenance | Made available in DSpace on 2021-06-08T05:10:32Z (GMT). No. of bitstreams: 1 ntu-100-R98723027-1.pdf: 701751 bytes, checksum: 93ecbfc47c30e7c6c244c68132cdc3de (MD5) Previous issue date: 2011 | en |
| dc.description.tableofcontents | 致謝 i
摘要 ii ABSTRACT iii CONTENTS 1 TABLES 2 1. Introduction 3 2. Literature Review 7 3. Hypotheses 12 4. Model Development 16 5. Data and Methodology 20 5.1. Data and Sample selection 20 5.2. Measures of Management Quality and Reputation 20 5.3. Proxies for Other Aspects of Firm Quality 24 5.4. Control Variables 25 6. Empirical Result 26 6.1. Single-variate analyses 26 6.2. Multivariate analyses 28 7. Conclusions and Future Research 30 Reference 31 | |
| dc.language.iso | en | |
| dc.title | Ohlson(1995)模型的非財務資訊解釋：管理品質觀點 | zh_TW |
| dc.title | Determinants of Other information in Ohlson (1995) model：From Management Quality Perspective | en |
| dc.type | Thesis | |
| dc.date.schoolyear | 99-2 | |
| dc.description.degree | 碩士 | |
| dc.contributor.oralexamcommittee | 胡星陽,陳聖賢,陳宗岡 | |
| dc.subject.keyword | 管理品質,其他非財務資訊,Olhson(1995)模型, | zh_TW |
| dc.subject.keyword | Management Quality,other information,Ohlson(1995) Model, | en |
| dc.relation.page | 44 | |
| dc.rights.note | 未授權 | |
| dc.date.accepted | 2011-07-12 | |
| 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 | |
文件中的檔案：
| 檔案 | 大小 | 格式 | |
|---|---|---|---|
| ntu-100-1.pdf 未授權公開取用 | 685.3 kB | Adobe PDF |
系統中的文件，除了特別指名其著作權條款之外，均受到著作權保護，並且保留所有的權利。