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完整後設資料紀錄
DC 欄位 | 值 | 語言 |
---|---|---|
dc.contributor.advisor | 林修葳(Hsiou-Wei Lin) | |
dc.contributor.author | Li-Ting Hsu | en |
dc.contributor.author | 徐立亭 | zh_TW |
dc.date.accessioned | 2021-06-15T05:45:48Z | - |
dc.date.available | 2020-08-18 | |
dc.date.copyright | 2010-08-20 | |
dc.date.issued | 2010 | |
dc.date.submitted | 2010-08-18 | |
dc.identifier.citation | 林愛萍,2008,新企業會計準則與國際會計準則的差異,發展研究,2008年第6期: 44-46。
Ball,R.,and P.Brown,1969, 'Theory and Accounting' Journal of Accounting Research, Vol.7, Autumn , pp.300-323. Brealey, R., S. Myers and F. Allen., 2005, 'Principles of Corporate Finance' 8th edition. McGraw-Hill/Irwin. Beaver,William,Paul Kettler and Myron Scholes, 1970, 'Association between Market Determined and Accounting Determined Risk Measures' The Accounting Review,October,pp.654-682. Beaver,W.H.,and Mangeold J.,1975,'Association Between Market- Determined and Accounting-Determined Measures of Systematic Risk :Some Further Evidence' Journal of Financial and Quantitative Analysis, Vol.10,June,pp.231-284. Bildersee, J. S., 1975, “The Association between a Market Determine Measures of Risk and Alternative Measures of the Risk” The Accounting Review, Vol. 50, Issue 1, pp.81-98. Elgers,Pieter T.,1980,'Accounting Based Risk Predictions:A Re-examination' The Accounting Review,,Vol.LV,No.3, July pp.389-408. Elgers, P. T., & Murray, D., 1982, “The Impact of the Choice of Market Index on the Empirical Evaluation of Accounting Risk Measures” The Accounting Review, Vol. 57, Issue 2, pp.358-375. Eskew,Robert K.,1979,'Forecasting Ability of Accounting Risk Measures:Some Additional Evidence' Accounting Review , Vol.LIV,No.1,January pp.107-118. Farrelly,Gail E.,Kenneth R. Ferris and William R. Reichenstein, 1985,'Risk,Market Risk,and Accounting Determined Risk Measures' The Accounting Review,Vol.LX,No.2,April,pp.278-287. Hodder, L., P. Hopkins and J. Wahlen., 2006, “Risk-Relevance of Fair-Value Income Measures for Commercial Banks” The Accounting Review, Vol. 81, pp.337-375. J Lintner, 1965, “The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets” The Review of Economics and Statistics, Vol.47, Issue 1, pp.13 Maier, S. F., D. W. Peterson and J. H. Vander Weide, 1977, 'A Practical Theory of B-Estimation.' Paper presented at the Eastern Finance Association Meetings, Boston, Massachusetts. Mear, Ross and Michael Firth,1988,'Perceptions of Financial Analysts and the Use of Market and Accounting Data' Accounting and Business Research,Vol.18,No.72,PP.335-340. NC Hill, BK Stone, 1980, “Accounting Betas, Systematic Operating Risk, and Financial Leverage: A Risk-Composition Approach to the Determinants of Systematic Risk” Journal of Financial and Quantitative Analysis RG Bowman, 1979, “The Theoretical Relationship between Systematic Risk and Financial (Accounting) Variables” Journal of Finance, Vol.34, Issue 3, pp.617 Sharpe, W. F. 1964, “Capital Asset Prices: A Theory of Market Equilibrium under Conditions of Risk” Journal of Finance, Vol.19, Issue 3, pp.425 Vasicek, 0. A., 1973, 'A Note on Using Cross-Sectional Information in Bayesian Estimation of Security Betas' Journal of Finance, pp.1233-1239 | |
dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/47036 | - |
dc.description.abstract | 本論文探討中國大陸上市公司之股價與大盤連動性與盈餘與總體連動性之間的關係。更進一步檢視不同的產業別,是否存在股價與大盤連動性與盈餘與總體連動性間有不同的關係。以及各產業間之所以有兩者關係的不同,造成的可能因素為何。本研究提出五大假說,試圖觀察不同的會計beta,如何呈現中國大陸上市公司之股價與大盤連動性與盈餘與總體連動性之間的關係。
實證結果發現,投資性房地產淨額佔資產比例越高的產業,稅前利潤beta、每股盈餘beta、淨利潤率beta、資產報酬率beta與股東權益報酬率beta與市場beta之間的差異越大。但是農林漁牧產業的投資性房地產比例並無特別高,卻在稅前利潤beta、每股盈餘beta、淨利潤率beta項目,與市場beta之間的差異亦明顯。可能因為其持有的房屋或土地並非投資性資產,而是用作生產的不動產,因而造成此現象。此研究結果為中國大陸上市公司之股價與大盤連動性與盈餘與總體連動性之間的差異,提供可能之解釋變數。 | zh_TW |
dc.description.abstract | This thesis investigates the relationship between capital market Beta and accounting Beta for Chinese public companies. It also illustrates if the relationships among these factors are different in distinct industries. Furthermore, it provides explanations to these differences. Specifically, I compare several accounting beta measures with market betas under five hypotheses to see the relationship between share prices and the market index and company earnings and overall earnings for Chinese public companies.
This study documents that the differences is significant between each of income before tax beta, earnings per share beta, net income ratio, return on asset and return on equity and market beta for real estate industry. However, for Agriculture, Forestry, Fishery and Animal Husbandry industries, there are also clear differences between each of income before tax beta, earnings per share beta and net income ratio and market beta. It may be because we did not take real estate for production into account, but only invested property. | en |
dc.description.provenance | Made available in DSpace on 2021-06-15T05:45:48Z (GMT). No. of bitstreams: 1 ntu-99-R97724024-1.pdf: 436711 bytes, checksum: adff1624a96d1016f8946643a7080d2a (MD5) Previous issue date: 2010 | en |
dc.description.tableofcontents | 目錄
口試委員審定書 I 誌謝 II 中文摘要 III 英文摘要 IV 表目錄 VI 第一章 緒論 1 第二章 文獻探討 5 第三章 研究方法 16 第一節 樣本與資料處理 16 第二節 研究假說 21 第三節 研究變數之操作型定義與衡量 23 第四章 實證結果 25 第一節 投資性房地產淨額 25 第二節 獲利能力會計BETA與市場BETA之關係 26 第五章 結論與建議 31 參考文獻 33 | |
dc.language.iso | zh-TW | |
dc.title | 中國大陸上市公司之股價與大盤連動性與盈餘與總體連動性之關係 | zh_TW |
dc.title | The Relationship between Capital Market Beta and Accounting Beta for Chinese Public Companies | en |
dc.type | Thesis | |
dc.date.schoolyear | 98-2 | |
dc.description.degree | 碩士 | |
dc.contributor.oralexamcommittee | 陳思寬,陳慧玲 | |
dc.subject.keyword | 股價與大盤連動性,盈餘與總體連動性,會計beta,市場beta, | zh_TW |
dc.subject.keyword | Share price and market index,Company earning and overall earnings,Accounting Beta,Market Beta, | en |
dc.relation.page | 34 | |
dc.rights.note | 有償授權 | |
dc.date.accepted | 2010-08-19 | |
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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