Showing 1 - 10 of 14
Chinese Abstract: A股关联公司的股票动量溢出效应研究:...
Persistent link: https://www.econbiz.de/10013405840
The restriction of short-sale prices, which stated that short-sale prices must not be lower than the closing price of the previous trading day, no longer applies to the constituent stocks of the Taiwan Top 50 Index. This study investigates the abnormal returns and volatility changes of those...
Persistent link: https://www.econbiz.de/10008555948
The aim of this paper is to re-examine the sequential-financing hypothesis in the context of convertible bond issuances from firms listed on the Taiwan Stock Exchange from 1994 to 2003. The results contend that announcements of convertible debt offerings are, on average, associated with...
Persistent link: https://www.econbiz.de/10008541454
Chinese Abstract: CAPM 所在的资本市场是非完全的,并且是 一 个 Hilbert 空间,我们找出了该市场中 SDF 模仿支付的显式表达式。纯风险证券的局部均衡中,CAPM 公式成立,CAPM...
Persistent link: https://www.econbiz.de/10012853093
Chinese Abstract: MM 命题的最大贡献是提出完美市场假设和使用套利证明方法。本文回顾了完美市场假设和无套利原理,然后对 MM...
Persistent link: https://www.econbiz.de/10012854798
Persistent link: https://www.econbiz.de/10012860303
Chinese Abstract: 摘要:中共中央政治局在 3 月 27 日召开会议中多次强调通过发行特别国债和地方债应对此 次疫情,助力复工复产。为保障“抗疫”的特别债券发行,需要研究并学习已发行债券的...
Persistent link: https://www.econbiz.de/10012839937
Chinese abstract: 我们发现了半均衡定价方法,它先求解投资者的最优组合,这一步与均衡定价方法一致,但半均衡定价的第二步只使用市场出清条件的一部分而不是全体约束。据此,我们揭示了 CAPM...
Persistent link: https://www.econbiz.de/10013246008
Chinese Abstract: 风险教条认为资产价格是由某种风险决定的,而均衡定价认为是由供需均衡决定的。基于 CAPM...
Persistent link: https://www.econbiz.de/10013249211