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完整後設資料紀錄
DC 欄位 | 值 | 語言 |
---|---|---|
dc.contributor.advisor | 陳思寬 | |
dc.contributor.author | Tung-Yen Chen | en |
dc.contributor.author | 陳炵焱 | zh_TW |
dc.date.accessioned | 2021-06-08T07:25:14Z | - |
dc.date.copyright | 2008-07-18 | |
dc.date.issued | 2008 | |
dc.date.submitted | 2008-07-17 | |
dc.identifier.citation | 中文部分:
WEF,蔡鴻璟譯,2004,證交所之重要意義(The Significance of the Exchange Industry),台灣證券交易所 王偉芳, 2005, 解構證券交易所成功要素--跨國性研究, 兼論台灣與香港證交所之競爭,國立中央大學產業經濟研究所碩士班論文 俞慧芸,台灣創業投資產業之趨勢與管理課題,中華管理評論,Oct 1998,Vol.1, No.1 英文部分: Baltagi, Badi H., 2001, Econometric analysis of panel data, John Wiley & Sons Baier, Scott L., Gerald P. Dwyer Jr., and Robert Tamur, 2004, Does opening a stock exchange increase economic growth? Journal of International Money and Finance, 311–331 Bancel, Franck, and Cusha Mittoo, 2001, European Managerial Perceptions of the Net Benefits of Foreign Stock Listings, European Financial Management , Vol. 7 ,Issue 2 Page 213–236 Carvalho, Antonio Gledson de and George G. Pennacchi, 2007, Can a Stock Exchange Improve Corporate Behavior? Evidence from Firms’ Migration to Premium Listings in Brazil, http://www.ibemcsp.edu.br Claessens, Stijn, Daniela Klingebiel, and Sergio L. Schmukler, 2002, The Future of Stock Exchanges in European Union Accession Countries, Brookings-Wharton Papers on Financial Services, pp.167-202 Claessens, Stijn, Daniela Klingebiel, and Sergio L. Schmukler, 2006, Stock market development and internationalization: Do economic fundamentals spur both similarly? Journal of Empirical Finance Demiguc-Kunt, Asli and Ross Levine, 1995, Stock Market Development and Financial Intermediaries: Stylized Facts, World Bank Policy Research Working Paper , No. 1462 Dickey, D.A. and W.A. Fuller, 1979, Distribution of the Estimators for Autoregressive Time Series with a Unit Root, Journal of American Statistical Association 74, 427-431. Forst, Carol Ann, Elizabeth A. Gordon, and Andrew F. Hayes, 2006, Stock Exchange Disclosure and Market Development: An Analysis of 50 International Exchanges, Journal of Accounting Research, Vol. 44 No. 3 June Heiko, Schmiedel, 2001, Technological development and concentration of stock exchanges in Europe, Bank of Finland, Discussion paper(21) , 2001, p24 King, Robert, G. and Ross Levine, 1993, Finance and growth : Schumpeter might be right, Quarterly Journal of Economic,(108):717-37 Mario, Catlan, Gregorio Impavido, and Alberto R. Muslem, 2000, Contractual Savings or Stock Market Development Which Leads? World Bank Policy Research Working Paper, No. 2421 Ramos, Sofia B.and Ernst-Ludwig von Thadden, 2008, Stock exchange competition in a simple model of capital market equilibrium, Journal of Financial Markets Rochet Jean-Charles and Jean Tirole, 2004, Two-Sided Markets: An Overview, Institut d’Economie Industrielle working paper Rousseau, Peter L. and Paul Wachtel, Equity Markets and Growth: Cross-Country Evidence on Timing and Outcomes, 1980-1995, 2000, Journal of Banking and Finance, pp. 1933-1957 Pagano, Marco, Otto Randlc, Ailsa A. Röellb, and Josef Zechner, What makes stock exchanges succeed? Evidence from cross-listing decision.European Economic Review , (45) , pp. 770-782., 2001 Perron, P. and Serena Ng, 1996, Useful Modifications to some Unit Root Tests with Dependent Errors and their Local Asymptotic Properties, The Review of Economic Studies, Vol63, No.3,435-463 Phillips, P. C. B.,1987, Time Series Regression with a Unit Root, Econometrica 55, 277-301. Porta, La, Lopezde-de-Silanes, Shleifer, and Vishny,1998 ,Law and Finace, Journal of Political Economy,vol.106, no.06 | |
dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/26779 | - |
dc.description.abstract | 摘要
伴隨著國際化的浪潮,金融市場,尤其是股票市場,已開發與開發中國家在過去十年的成長特別顯著,因此如何定義證交所的成功也成為日漸重要的問題。從2004年開始台灣證券交易所(TSEC)的上市家數超過700家,同時間的新加坡交易所(SGX)也有633家上市公司。然而三年過後,台灣證券交易所只比3年前多一家上市公司;同時間的新加坡交易所的主板已有762間公司掛牌上市。在此期間內,兩交易所的總市值差距也逐漸縮小之中,這樣的改變,更顯見得找出證交所成功因素的重要性。另外一方面,從廠商的立場來看,國際化的浪潮讓廠商在找尋資金有更多的選擇,也讓眾多廠商在本地的證交所下市,旋即又在另一個證交所上市。因此,本論文試圖找出證交所的成功因素,進而探討台灣證交所吸引各國資金與投資人投資意願的方法。 本論文的正文內容如下:第二章探討過去有關證交所的相關理論與實證研究的整理與回顧,第三章說明實證部分的分析方法與實證資料來源,在質性研究的部份由於變數量化不易,為了分析的一致性,特採用國際研究機構所發佈的一連串評比資料。第四章則由實證的結果來分析證交所的成功因素,與各解釋變數對被解釋變數的影響,並說明本論文在實證研究上所受侷限之處。第五章則討論各證交所的合縱連橫,比較上海、新加坡、香港與台灣證交所的上市制度與整體表現,並討論所屬經濟區域的發展,以找出台灣證交所的優劣勢並討論未來成長的方向。第六章是結論,主要是總結本論文的發現,並分析未來可供後續研究進行的論點。 | zh_TW |
dc.description.abstract | Abstract
With the spread of globalization, developing and developed countries have a strong growth in the stock market for the decade. So, it is more and more important to define what makes exchanges succeed. In 2004, there were more than 700 listed companies in Taiwan Stock Exchange, and 633 listed companied in Singapore Exchange. In 2007, however, Taiwan Stock Exchange had more one listed company than it did before three years, but Singapore exchange had actually 762 listed companies. At the same period, the difference of capitalization between these two exchanges had diminished. Obviously, these changes stand out the importance of finding the factors which make exchanges succeed. On the other hand, globalization makes firms have more choice to finance. Thus, the paper tries to find the factors make exchanges succeed and discuss how Taiwan Stock Exchange to attract foreign investors. This paper first discusses relationship between capital market and stock exchanges. In chapter three, we explain the empirical method in which the quantitative aspect of selected exchanges for a general performance and the qualitative data published by IMD. In chapter four, we use the empirical results to analyze the factors make exchanges succeed. In chapter five, we introduce the rule of exchanges, illustrate the general performance, and discuss their development. Finally, in chapter six, this paper concludes three implications which help authorities to constitute policies. | en |
dc.description.provenance | Made available in DSpace on 2021-06-08T07:25:14Z (GMT). No. of bitstreams: 0 Previous issue date: 2008 | en |
dc.description.tableofcontents | 目錄
第一章 緒論 第一節 研究動機與目的-----------------------------------------------------------------1 第二節 研究架構與方法-----------------------------------------------------------------2 第二章 文獻回顧----------------------------------------------------------------------------------4 第三章 研究方法 第一節 資料來源與變數說明-----------------------------------------------------9 第二節 單根檢定-------------------------------------------------------------------------13 第三節 模型設計-----------------------------------------------------------------------14 第四章 實證結果 第一節 結果分析------------------------------------------------------------------------16 第二節 研究限制--------------------------------------------------------------------19 第五章 證交所分析 第一節 各證交所制度比較-----------------------------------------------------20 第二節 綜合比較--------------------------------------------------------------------28 第六章 結論------------------------------------------------------------------------------35 參考資料-----------------------------------------------------------------------------------------------38 附錄一-------------------------------------------------------------------------------------------41 | |
dc.language.iso | zh-TW | |
dc.title | 證交所成功因素-上海、香港、新加坡與台灣證交所實證分析 | zh_TW |
dc.title | What Makes Exchanges Succeed –Empirical Study of Stock Exchanges in Shanghai, Hong Kong, Singapore and Taiwan | en |
dc.type | Thesis | |
dc.date.schoolyear | 96-2 | |
dc.description.degree | 碩士 | |
dc.contributor.oralexamcommittee | 萬哲鈺,張銘仁 | |
dc.subject.keyword | 證交所,資本市場, | zh_TW |
dc.subject.keyword | Stock exchange,Capital market, | en |
dc.relation.page | 44 | |
dc.rights.note | 未授權 | |
dc.date.accepted | 2008-07-17 | |
dc.contributor.author-college | 管理學院 | zh_TW |
dc.contributor.author-dept | 國際企業學研究所 | zh_TW |
顯示於系所單位: | 國際企業學系 |
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