1. NCCU Academic Hub
  2. 學術產出
  3. College of Commerce
  4. NSC Projects
  5. Item

學術產出-NSC Projects

Article View/Open

Publication Export

Google ScholarTM

政大圖書館

Citation Infomation

  • No doi shows Citation Infomation
題名 股票需求彈性對公司財務決策的影響(1/2)
其他題名 Demand Elasticity for Common Stock and Corporate Financial Decisions
作者 劉玉珍
關鍵詞 財務決策;股票需求彈性;新上市股票;普通股
Financial decision;Demand elasticity for stock;Initial public offering (IPO);Common stock
日期 2000
上傳時間 18-Apr-2007 16:42:00 (UTC+8)
Publisher 臺北市：國立政治大學財務管理學系
摘要 This study attempts to look for a linkage between trading mechanisms and corporate finance, focusing on the placement of new issues. We examine the choice of IPO methods and price elasticity. Empirical evidence generally supports that demand curves for financial assets are not perfectly elastic, hence the price elasticity may become a determinant for corporate decisions. The availability of alternative IPO methods in the Taiwan stock market provides us a laboratory examination in comparing the auction methods versus public offer when corporate managers decide to equity offers. It extends the work of Hodrick (1999) on examining various equity offering methods and financial decisions. Specifically, Hodrick examines supply elasticity from the cases of tender offer, while we attempt to analyze demand elasticity of common stocks from IPO cases. Our results indicate that demand elasticity is an important factor when determining the IPO method.
描述 核定金額：560800元
資料類型 report
dc.coverage.temporal 計畫年度：89 起迄日期：20000801～20010731en_US
dc.creator (作者) 劉玉珍zh_TW
dc.date (日期) 2000en_US
dc.date.accessioned 18-Apr-2007 16:42:00 (UTC+8)en_US
dc.date.accessioned 8-Sep-2008 16:33:36 (UTC+8)-
dc.date.available 18-Apr-2007 16:42:00 (UTC+8)en_US
dc.date.available 8-Sep-2008 16:33:36 (UTC+8)-
dc.date.issued (上傳時間) 18-Apr-2007 16:42:00 (UTC+8)en_US
dc.identifier (Other Identifiers) 892416H004055.pdfen_US
dc.identifier.uri (URI) http://tair.lib.ntu.edu.tw:8000/123456789/4161en_US
dc.identifier.uri (URI) https://nccur.lib.nccu.edu.tw/handle/140.119/4161-
dc.description (描述) 核定金額：560800元en_US
dc.description.abstract (摘要) This study attempts to look for a linkage between trading mechanisms and corporate finance, focusing on the placement of new issues. We examine the choice of IPO methods and price elasticity. Empirical evidence generally supports that demand curves for financial assets are not perfectly elastic, hence the price elasticity may become a determinant for corporate decisions. The availability of alternative IPO methods in the Taiwan stock market provides us a laboratory examination in comparing the auction methods versus public offer when corporate managers decide to equity offers. It extends the work of Hodrick (1999) on examining various equity offering methods and financial decisions. Specifically, Hodrick examines supply elasticity from the cases of tender offer, while we attempt to analyze demand elasticity of common stocks from IPO cases. Our results indicate that demand elasticity is an important factor when determining the IPO method.-
dc.format applicaiton/pdfen_US
dc.format.extent bytesen_US
dc.format.extent 1827882 bytesen_US
dc.format.extent 1827882 bytes-
dc.format.extent 928 bytes-
dc.format.mimetype application/pdfen_US
dc.format.mimetype application/pdfen_US
dc.format.mimetype application/pdf-
dc.format.mimetype text/plain-
dc.language zh-TWen_US
dc.language.iso zh-TWen_US
dc.publisher (Publisher) 臺北市：國立政治大學財務管理學系en_US
dc.rights (Rights) 行政院國家科學委員會en_US
dc.subject (關鍵詞) 財務決策;股票需求彈性;新上市股票;普通股-
dc.subject (關鍵詞) Financial decision;Demand elasticity for stock;Initial public offering (IPO);Common stock-
dc.title (題名) 股票需求彈性對公司財務決策的影響(1/2)zh_TW
dc.title.alternative (其他題名) Demand Elasticity for Common Stock and Corporate Financial Decisions-
dc.type (資料類型) reporten