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http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/15327完整後設資料紀錄
| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 廖咸興(Hsien-Hsing Liao) | |
| dc.contributor.author | Cheng-Han Wu | en |
| dc.contributor.author | 吳承翰 | zh_TW |
| dc.date.accessioned | 2021-06-07T17:32:56Z | - |
| dc.date.copyright | 2020-07-20 | |
| dc.date.issued | 2020 | |
| dc.date.submitted | 2020-07-03 | |
| dc.identifier.citation | 參考文獻 Almeling, D. S. (2012). Seven reasons why trade secrets are increasingly important. Berkeley Technology Law Journal, 1091-1117. Bolton, P., Scharfstein, D. S. (1990). A theory of predation based on agency problems in financial contracting. The American economic review, 93-106. Campbell, J. Y., Taksler, G. B. (2003). Equity volatility and corporate bond yields. The Journal of finance, 58(6), 2321-2350. Collin-Dufresne, P., Goldstein, R. S. and Martin, J. S.: 2001, The determinants of credit spread changes, Journal of Finance 56(6), 2177—2207. Elton, E. J., Gruber, M. J., Agrawal, D., Mann, C. (2001). Explaining the rate spread on corporate bonds. the journal of finance, 56(1), 247-277. Flannery, M. J., Öztekin, Ö. (2012). Leverage expectations and bond credit spreads. Journal of Financial and Quantitative Analysis, 47(4), 689-714. Klasa, S., Ortiz-Molina, H., Serfling, M., Srinivasan, S. (2018). Protection of trade secrets and capital structure decisions. Journal of Financial Economics, 128(2), 266-286. Longstaff, F. A., Mithal, S., Neis, E. (2005). Corporate yield spreads: Default risk or liquidity? New evidence from the credit default swap market. The journal of finance, 60(5), 2213-2253. Poitevin, M. (1989). Financial signalling and the' deep-pocket' argument. The RAND Journal of Economics, 26-40. Warga, A. (1992). Bond returns, liquidity, and missing data. Journal of Financial and Quantitative Analysis, 27(4), 605-617. | |
| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/15327 | - |
| dc.description.abstract | 過去文獻提出許多公司信用風險之因素，而本研究專注於探討營業秘密受到法律保障後對於公司債利差產生的影響。本研究蒐集了2013年至2019年美國公司年資料，使用資料迴歸分析。實證結果發現，營業秘密受到法律保障後會使得公司的槓桿提升，然而即便提升槓桿將使得公司債利差擴大，但其效果會被法律帶來的保障抵銷，因此公司總體風險下降，債券利差縮小。 | zh_TW |
| dc.description.abstract | There has been a number of literatures related to corporate credit risk. This paper, instead, place great emphasis on the impact of Defend Trade Secrets Act (DTSA) on the corporate bond spread as the proxy of credit risk. I collect the US corporate financial statements for 7 years to 2019 and conduct the regression analysis, overall, my results indicate that the DTSA does significantly increase corporate leverage. Rising leverage should widen the corporate credit spread, however, this effect is offset by the protection from DTSA. That is, the corporate credit spread is tighten after DTSA in force. | en |
| dc.description.provenance | Made available in DSpace on 2021-06-07T17:32:56Z (GMT). No. of bitstreams: 1 U0001-0307202012210300.pdf: 2153933 bytes, checksum: a56ce21b7641cda3a24c83bc5ca5344d (MD5) Previous issue date: 2020 | en |
| dc.description.tableofcontents | 目錄 口試委員會審定書 ........................................................................................................ # 誌謝 i 摘要 ii Abstract iii 第一章 概述 1 第二章 研究假說 3 第三章 研究樣本與研究方法 4 3.1變數介紹 4 3.1.1.主要解釋變數 4 3.1.2.被解釋變數 5 3.1.3.次要解釋變數 6 3.1.4.控制變數 7 3.2資料來源與樣本處理 9 3.3 敘述統計 9 3.4 研究方法 9 第四章 實證結果與分析 11 4.1公司資本結構與DTSA法案通過之影響之實證結果 11 4.2 DTSA法案通過後對公司債利差之影響之實證結果 13 4.3實證額外發現–與公司特性之交互作用研究 14 4.4 穩健性檢查 16 第五章 結論 17 參考文獻 18 | |
| dc.language.iso | zh-TW | |
| dc.subject | 營業秘密 | zh_TW |
| dc.subject | 公司信用風險 | zh_TW |
| dc.subject | 公司債利差 | zh_TW |
| dc.subject | 資本結構 | zh_TW |
| dc.subject | Corporate Credit Spread | en |
| dc.subject | Trade Secret | en |
| dc.subject | Capital Structure | en |
| dc.subject | Credit Risk | en |
| dc.title | 營業秘密的保障與公司債信用利差之關係 | zh_TW |
| dc.title | Protection of trade secrets and corporate bond spread | en |
| dc.type | Thesis | |
| dc.date.schoolyear | 108-2 | |
| dc.description.degree | 碩士 | |
| dc.contributor.oralexamcommittee | 陳宗岡(Tsung-Kang Chen),郭慧如(Hui-Ju Kuo) | |
| dc.subject.keyword | 營業秘密,資本結構,公司債利差,公司信用風險, | zh_TW |
| dc.subject.keyword | Trade Secret,Capital Structure,Corporate Credit Spread,Credit Risk, | en |
| dc.relation.page | 26 | |
| dc.identifier.doi | 10.6342/NTU202001290 | |
| dc.rights.note | 未授權 | |
| dc.date.accepted | 2020-07-03 | |
| 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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