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http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/92670Full metadata record
| ???org.dspace.app.webui.jsptag.ItemTag.dcfield??? | Value | Language |
|---|---|---|
| dc.contributor.advisor | 張景宏 | zh_TW |
| dc.contributor.advisor | Ching-Hung Chang | en |
| dc.contributor.author | 孔德蓉 | zh_TW |
| dc.contributor.author | De-Rong Kong | en |
| dc.date.accessioned | 2024-06-03T16:06:54Z | - |
| dc.date.available | 2024-06-04 | - |
| dc.date.copyright | 2024-06-03 | - |
| dc.date.issued | 2024 | - |
| dc.date.submitted | 2024-05-16 | - |
| dc.identifier.citation | Aboody, D., and B. Lev. 2000. Information asymmetry, R&D, and insider gains. Journal of Finance 55 (6), 2747-2766.
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| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/92670 | - |
| dc.description.abstract | 本篇論文研究美國投資者評估外國股票時國家信譽的角色。從實證角度來看，我的研究結果顯示投資者在評估外國公司時依賴參考群體，強調了群體聲望的重要性。牽涉到不當行為的公司的國家同儕被共同折扣，尤其是最初被視為值得信賴的公司。在資訊不完整的情況下，投資者優先考量國家的信譽，以群體形象作為評估公司品質的信號。這些研究發現突顯了國家信譽在引導投資決策中的關鍵角色。 | zh_TW |
| dc.description.abstract | I examine the role of country trustworthiness in U.S. investors’ evaluation of foreign stocks. Empirically, my results support investors’ reliance on reference groups when assessing foreign firms, emphasizing the importance of a group’s reputation. Country peers of misconduct firms are collectively discounted, especially those initially deemed trustworthy. In the presence of imperfect information, investors prioritize country trustworthiness, using a group’s image as a signal for firm quality. These findings highlight the pivotal role of a country’s trustworthiness in shaping investment decisions. | en |
| dc.description.provenance | Submitted by admin ntu (admin@lib.ntu.edu.tw) on 2024-06-03T16:06:54Z No. of bitstreams: 0 | en |
| dc.description.provenance | Made available in DSpace on 2024-06-03T16:06:54Z (GMT). No. of bitstreams: 0 | en |
| dc.description.tableofcontents | 誌謝 i
摘要 ii Abstract iii List of Contents iv List of Tables v List of Appendix Tables v 1. Introduction 1 2. Literature Review and Hypothesis Development 7 2.1. The importance of trust 7 2.2. Trust and imperfect information 9 3. Data and Sample 10 3.1. Country trustworthiness 11 3.2. Corporate misconduct 12 3.3. Additional data sources 13 3.4. Summary statistics 14 4. Empirical Results 15 4.1. The impact of trust loss on country peers 16 4.2. Heterogeneous effects in different information environments 18 4.2.1. Corporate transparency 18 4.2.2. Bankruptcy risk 21 4.2.3. Country familiarity 22 5. Additional Results 24 5.1. Legal systems and country governance 24 5.2. Tax haven countries 25 5.3. Alternative subsamples 26 5.4. Robustness checks 26 6. Conclusion 27 References 29 Appendix 44 | - |
| dc.language.iso | en | - |
| dc.subject | 資訊不對稱 | zh_TW |
| dc.subject | 國家信譽 | zh_TW |
| dc.subject | 企業舞弊 | zh_TW |
| dc.subject | 企業不當行為 | zh_TW |
| dc.subject | 信任折扣 | zh_TW |
| dc.subject | Country trustworthiness | en |
| dc.subject | corporate misconduct | en |
| dc.subject | trust discount | en |
| dc.subject | information asymmetry | en |
| dc.title | 國家的信譽是否重要？以美國股票市場為例 | zh_TW |
| dc.title | Does a Country’s Trustworthiness Matter? Evidence from the U.S. Stock Market | en |
| dc.type | Thesis | - |
| dc.date.schoolyear | 112-2 | - |
| dc.description.degree | 博士 | - |
| dc.contributor.oralexamcommittee | 何耕宇;陳彥行;劉心才;徐愛恩 | zh_TW |
| dc.contributor.oralexamcommittee | Keng-Yu Ho;Yan-Shing Chen;Hsin-Tsai Liu;Ai-An Tsui | en |
| dc.subject.keyword | 國家信譽,信任折扣,企業不當行為,企業舞弊,資訊不對稱, | zh_TW |
| dc.subject.keyword | Country trustworthiness,trust discount,corporate misconduct,information asymmetry, | en |
| dc.relation.page | 54 | - |
| dc.identifier.doi | 10.6342/NTU202400809 | - |
| dc.rights.note | 未授權 | - |
| dc.date.accepted | 2024-05-16 | - |
| dc.contributor.author-college | 管理學院 | - |
| dc.contributor.author-dept | 財務金融學系 | - |
| Appears in Collections: | 財務金融學系 | |
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