| dc.contributor.advisor | 杜化宇 | zh_TW |
| dc.contributor.author (Authors) | 鄭淑芳 | zh_TW |
| dc.creator (作者) | 鄭淑芳 | zh_TW |
| dc.date (日期) | 2004 | en_US |
| dc.date.accessioned | 12-Sep-2009 12:14:27 (UTC+8) | - |
| dc.date.available | 12-Sep-2009 12:14:27 (UTC+8) | - |
| dc.date.issued (上傳時間) | 12-Sep-2009 12:14:27 (UTC+8) | - |
| dc.identifier (Other Identifiers) | G0090932703 | en_US |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/30481 | - |
| dc.description (描述) | 碩士 | zh_TW |
| dc.description (描述) | 國立政治大學 | zh_TW |
| dc.description (描述) | 經營管理碩士學程(EMBA) | zh_TW |
| dc.description (描述) | 90932703 | zh_TW |
| dc.description (描述) | 93 | zh_TW |
| dc.description.abstract (摘要) | This paper will first explore the effect of interest rate changes on the stock returns of Taiwan-listed life insurance companies. Then, we will examine the sensitivity of Taiwanese life insurance companies to interest rates by assuming and explicitly testing a two-factor model. Surprisingly, we found that stock return of the life insurance companies are not significantly affected by the interest rate movement. We will investigate and analyze the reasons why the result is inconsistent with our knowledge. One reason might be due to lack of timely financial reports. We observed that embedded value might be a better financial indicator used to evaluate the interest rate impact on life insurance company financial soundness. | zh_TW |
| dc.description.abstract (摘要) | This paper will first explore the effect of interest rate changes on the stock returns of Taiwan-listed life insurance companies. Then, we will examine the sensitivity of Taiwanese life insurance companies to interest rates by assuming and explicitly testing a two-factor model. Surprisingly, we found that stock return of the life insurance companies are not significantly affected by the interest rate movement. We will investigate and analyze the reasons why the result is inconsistent with our knowledge. One reason might be due to lack of timely financial reports. We observed that embedded value might be a better financial indicator used to evaluate the interest rate impact on life insurance company financial soundness. | en_US |
| dc.description.abstract (摘要) | Chapter I：Introduction Chapter II：Literature Review Chapter III：Regression Model Chapter IV：Emperical Results and Analysis Chapter V：Financial Reports oF Life Insurance Company Chapter VI：Introduciton of Embedded Value (EV) Chapter VII：Change in EV v.s. Life Insurance Company Stock Returns Chapter VIII：Conclusion | - |
| dc.description.tableofcontents | Chapter I：Introduction Chapter II：Literature Review Chapter III：Regression Model Chapter IV：Emperical Results and Analysis Chapter V：Financial Reports oF Life Insurance Company Chapter VI：Introduciton of Embedded Value (EV) Chapter VII：Change in EV v.s. Life Insurance Company Stock Returns Chapter VIII：Conclusion | zh_TW |
| dc.language.iso | en_US | - |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#G0090932703 | en_US |
| dc.subject (關鍵詞) | 壽險業利率風險 | zh_TW |
| dc.subject (關鍵詞) | Interest risk | en_US |
| dc.title (題名) | Interest Rate Risk of Life Insurance Companies | zh_TW |
| dc.type (資料類型) | thesis | en |
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