Please use this identifier to cite or link to this item:
https://ah.lib.nccu.edu.tw/handle/140.119/73906
DC Field | Value | Language |
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dc.contributor | 金融系 | |
dc.creator | Shen, Chung-Hua;Lin, Kun-Li | |
dc.creator | 沈中華 | zh_TW |
dc.date | 2010 | |
dc.date.accessioned | 2015-03-18T06:35:45Z | - |
dc.date.available | 2015-03-18T06:35:45Z | - |
dc.date.issued | 2015-03-18T06:35:45Z | - |
dc.identifier.uri | http://nccur.lib.nccu.edu.tw/handle/140.119/73906 | - |
dc.description.abstract | This study investigates whether corporate governance affects the impact of the relationship between fundamental signals and stock returns using Taiwanese data. The study employs the endogenous switching model (ESM) of Hu and Schiantarelli (1998), which combines the response equation and governance index equation simultaneously. We divide the sample into strong and weak governance regimes. Our results suggest that stock returns respond differently in different governance regimes. The beneficial response is greater in the strong governance regime than in the weak one, suggesting that it is worth improving governance for firms. | |
dc.format.extent | 125 bytes | - |
dc.format.mimetype | text/html | - |
dc.relation | Emerging Markets Finance and Trade, Volume 46, Issue 5 | |
dc.subject | corporate governance; endogenous switching model; fundamental analysis; governance index | |
dc.title | The Impact of Corporate Governance on the Relationship Between Fundamental Information Analysis and Stock Returns | |
dc.type | article | en |
dc.identifier.doi | 10.2753/REE1540-496X460506 | en_US |
dc.doi.uri | http://dx.doi.org/10.2753/REE1540-496X460506 | en_US |
item.fulltext | With Fulltext | - |
item.openairetype | article | - |
item.cerifentitytype | Publications | - |
item.grantfulltext | restricted | - |
item.openairecristype | http://purl.org/coar/resource_type/c_18cf | - |
Appears in Collections: | 期刊論文 |
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