Overconfidence or Market Timing?- The Empirical Research of Corporate Financing Decisions in Taiwan
| Autor: | Chia-Wen Yu, 游家穩 |
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| Rok vydání: | 2009 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 97 This paper takes the companies listed in Taiwan Securities Exchange Corporation (TSEC) as the samples to test the difference of the performance between equity-financing companies and debt-financing companies. To exam the financing decisions of companies in Taiwan were driven by market timing or overconfidence. The results show that the corporate financing decisions were driven by overconfidence. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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