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| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 林修葳(Hsiou-Wei Lin) | |
| dc.contributor.author | Huai-Chun Lo | en |
| dc.contributor.author | 羅懷均 | zh_TW |
| dc.date.accessioned | 2021-06-15T04:17:15Z | - |
| dc.date.available | 2019-12-31 | |
| dc.date.copyright | 2010-01-11 | |
| dc.date.issued | 2009 | |
| dc.date.submitted | 2009-12-24 | |
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| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/45383 | - |
| dc.description.abstract | 本文探討財務分析師跨界分析時的盈餘預測表現，跨界分析在此是指被分析股票的股票報酬或會計盈餘與該分析師所分析的其它股票具有較低的關連性。本文提供一較細膩的指標來衡量跨界分析，而這指標是可幫助投資人判斷分析師盈餘預測的品質。
當分析師跨界分析時，資訊的收集與處理較無規模經濟；因此實證結果也顯示，跨界分析的盈餘預測準確度較差且相對樂觀，但相對樂觀會隨分析時間愈久而逐漸降低。此外，實證也顯示，跨界分析師較少去調整盈餘預測、更容易模仿其它分析師的預測，當面對新資訊時也較無法迅速做出反應。這些證據顯示，跨界分析時其盈餘預測的品質表現相對較差；也因此，跨界分析的盈餘預測誤差對於市場造成的波動相對較小。本文也發現，分析師調整盈餘預測的頻率，不只受到被分析的公司特點所影響，也會受到分析師特點所影響。 | zh_TW |
| dc.description.abstract | This paper explores analyst performance regarding weakly correlated companies, of which the capital market returns and/or accounting earnings are weakly correlated with those of the remaining firms in the analyst’s coverage portfolio. The empirical results show that earnings forecasts for weakly correlated companies are less accurate, more upward biased, and less frequently revised; consequently, the stock market responds less to errors associated with forecasts for these companies. Specifically, the degree of forecast bias weakens over time since the analysts’ cross-field coverage. We also provide evidence that the revision frequency of earnings forecasts is influenced by the characteristics of an analyst. Our findings indicate that an analyst who provides cross-field research reports in comparison to other analysts. | en |
| dc.description.provenance | Made available in DSpace on 2021-06-15T04:17:15Z (GMT). No. of bitstreams: 1 ntu-98-D93724016-1.pdf: 683512 bytes, checksum: df6de11ac12cb95eda6bae9982a32994 (MD5) Previous issue date: 2009 | en |
| dc.description.tableofcontents | 口試委員審定書 i
誌謝 ii 中文摘要 iv Abstract v 1 Introduction 1 2 Review and Hypotheses 7 2.1 Review 7 2.2 Hypotheses Development 9 3 Research Design 12 3.1 The Degree of Correlation Indicator for Firms in the Analyst’s Coverage Portfolio 12 3.2 The Relative Measure Procedure 14 3.3 The Development of Models to Test Hypotheses 15 4 Data and Results 24 4.1 Data Source and Sample Selection 24 4.2 Descriptive Univariate Statistics 26 4.3 The Hypotheses Test 28 4.4 Economic Implications - Market Response 38 4.5 The Sensitivity Test 42 4.6 The Additional Evidence 50 5 Conclusion 61 Reference 63 | |
| dc.language.iso | en | |
| dc.subject | 盈餘預測偏誤 | zh_TW |
| dc.subject | 跨界分析 | zh_TW |
| dc.subject | 分析師的分析組合 | zh_TW |
| dc.subject | 盈餘預測準確度 | zh_TW |
| dc.subject | analyst coverage | en |
| dc.subject | forecast bias | en |
| dc.subject | forecast accuracy | en |
| dc.subject | cross-field analysis | en |
| dc.title | 財務分析師研究報告的品質探討-跨界分析 | zh_TW |
| dc.title | Cross-Field Research Reports and Analyst Behavior | en |
| dc.type | Thesis | |
| dc.date.schoolyear | 98-1 | |
| dc.description.degree | 博士 | |
| dc.contributor.oralexamcommittee | 何淮中(Hwai-Chung Ho),張元晨(Yuan-Chen Chang),陳業寧(Yeh-Ning Chen),陳慧玲(Hueiling Chen) | |
| dc.subject.keyword | 跨界分析,分析師的分析組合,盈餘預測準確度,盈餘預測偏誤, | zh_TW |
| dc.subject.keyword | cross-field analysis,analyst coverage,forecast accuracy,forecast bias, | en |
| dc.relation.page | 92 | |
| dc.rights.note | 有償授權 | |
| dc.date.accepted | 2009-12-24 | |
| 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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