| dc.contributor.advisor | 郭維裕 | zh_TW |
| dc.contributor.advisor | Kuo, Weiyu | en_US |
| dc.contributor.author (Authors) | 王裕群 | zh_TW |
| dc.contributor.author (Authors) | Wang, Yu Chun | en_US |
| dc.creator (作者) | 王裕群 | zh_TW |
| dc.creator (作者) | Wang, Yu Chun | en_US |
| dc.date (日期) | 2005 | en_US |
| dc.date.accessioned | 18-Sep-2009 14:09:15 (UTC+8) | - |
| dc.date.available | 18-Sep-2009 14:09:15 (UTC+8) | - |
| dc.date.issued (上傳時間) | 18-Sep-2009 14:09:15 (UTC+8) | - |
| dc.identifier (Other Identifiers) | G0093351001 | en_US |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/35096 | - |
| dc.description (描述) | 碩士 | zh_TW |
| dc.description (描述) | 國立政治大學 | zh_TW |
| dc.description (描述) | 國際經營與貿易研究所 | zh_TW |
| dc.description (描述) | 93351001 | zh_TW |
| dc.description (描述) | 94 | zh_TW |
| dc.description.abstract (摘要) | This paper surveys the method of beta decomposition and the evolution of different type betas in Taiwan stock market. We break the unexpected market return into two different types of news term, which are the discount-rate news about the expected change of discount rate and the cash-flow news about the expected change of future cash dividends, and then, estimate the relationship between these two market news and the return of different cross-section industries. The traditional beta used in financial market is broken into two different betas with different risk price. Our study finds out some evidence about the change in the attitude of investors for our two news term that affect market return. | zh_TW |
| dc.description.tableofcontents | 1. Introduction2. Methodology3. Data Construction and News Terms Estimation4. Beta Decomposition for Industry Portfolios5. Robust Checks6. ConclusionReferenceAppendix | zh_TW |
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| dc.language.iso | en_US | - |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#G0093351001 | en_US |
| dc.subject (關鍵詞) | Beta | en_US |
| dc.subject (關鍵詞) | Beta Decomposition | en_US |
| dc.subject (關鍵詞) | System Risk | en_US |
| dc.subject (關鍵詞) | CAPM | en_US |
| dc.title (題名) | The Empirical Study on Beta Decomposition - Evidence from Cross-section Industries of Taiwan Stock Market | zh_TW |
| dc.title (題名) | 台灣股票市場貝他係數分解之實證 | zh_TW |
| dc.type (資料類型) | thesis | en |
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