The Relation between the Financial Performance and Stock Return of Business Bank
| Autor: | Chang, Ming-yih, 張銘益 |
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| Rok vydání: | 1997 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 85 The percentage of small and medium enterprises in our economic system is over than 97%, so they have much contribution in the grouth of our economics.Therefore, the business banks play an important role indirect that supply capital to small and medium enterprises and support its operation. Financial ratios can assess the ability of a firm to pay its debts, evaluate the business and managerial success and even be a statutory regulation of a firm''s performance.Thus, the financial statement analysis can help investors to view the real value of the firm''s stock price. The purposes of this thesis are to find some financial ratios that can beused to compare with the different financial performance of bank, and to investigate the relationship between the financial performance and stock returnsof business banks. The methodologys are Factor analysis and Intervention Model. There are 6sample banks in this thesis and the dataa period is 5 years(Sep. 91 - Aug. 96) The empirical results are:1. The financial performance of Taitung Business Bank is the best and the financial performance of Kaohsiung Business Bank is the worst.2. When the financial performance was bed, there were 4 Business Banks''stock returns would fall.3. When the financial performance was good, there were 3 Business Banks'' stock returns would rise. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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