The Fiscal Year-end Effect in Taiwan
| Autor: | Cheng-Chieh,chiang, 江政杰 |
|---|---|
| Rok vydání: | 2010 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 98 Articles of earning information with excess return have been published and studied for many years. Studies have been focused on the content of earning information itself, as well as the perspective of corporate financial characteristics. Although the studies have been very successful in detailing the relationship between the earning information and the excess return on stock market, investors in Taiwan were still looking for the simplest way that could provide more efficient and consistent compensation in stock market and the impact of degree and the direction of earning information. In this study, regression analysis approach has been used to understand whether accounting and financial information on companies has influence on companies’ stock price and to indicate the timing to purchase as for investors’ investment strategy to earn excessive return. In the study, companies’ financial and accounting data were used to determine whether its’ stock price has been influenced and the degree of impact before and after the fiscal earning has announced. The result could be one of the technical analysis for future investment strategy. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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