| dc.contributor.advisor | 鄭丁旺 | zh_TW |
| dc.contributor.advisor | Cheng, Ting-Wong | en_US |
| dc.contributor.author (Authors) | 曹壽民 | zh_TW |
| dc.contributor.author (Authors) | Tsaur, Shaw-Min | en_US |
| dc.creator (作者) | 曹壽民 | zh_TW |
| dc.creator (作者) | Tsaur, Shaw-Min | en_US |
| dc.date (日期) | 1998 | en_US |
| dc.date.accessioned | 14-Apr-2016 13:57:58 (UTC+8) | - |
| dc.date.available | 14-Apr-2016 13:57:58 (UTC+8) | - |
| dc.date.issued (上傳時間) | 14-Apr-2016 13:57:58 (UTC+8) | - |
| dc.identifier (Other Identifiers) | A2002000652 | en_US |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/84420 | - |
| dc.description (描述) | 博士 | zh_TW |
| dc.description (描述) | 國立政治大學 | zh_TW |
| dc.description (描述) | 會計學系 | zh_TW |
| dc.description.abstract (摘要) | 本文旨在探討我國上市公司除了盈餘外，資本支出是否具有增額資訊內涵。研究內容分為兩個部份，第一部份在使用狀態空間樣型探討資本支出是否有助於預測未來盈餘；第二部份根據本文推導之模式探討資本支出資訊與股標報酬之關聯。〔分為年度研究與長期研究（兩年及三年）兩個部份〕。研究結果發現： | zh_TW |
| dc.description.abstract (摘要) | This study aims to examine the incremental information content of capital expenditures of Taiwan listed companies. Taiwan listed companies generally have intensive capital expenditure rather then research and development costs in order to sustain the growth of their performance. Thus, this study suspects that the level of capital expenditures could help predict future earnings upon which capital expenditure could incrementally explain the earnings/return relationship. Empirically, this study first investigates the relationship between current capital expenditure and future earnings. Second, in order to select the optimal earnings/return windows, this study simulates the returns window for large and small firms over various long windows. Third, this study extends Collins and Kothari (1989) and Feltham and Ohlson (1995) to investigate whether the capital expenditure would contain an incremental information content in terms of earnings/return relationship. The findings of this study can be summarized as follows. | en_US |
| dc.description.tableofcontents | 封面頁證明書致謝詞論文摘要目錄表目錄圖目錄第一章 導論第二章 文獻回顧第一節 盈餘與股價關聯之文獻第二節 資本支出與未來盈餘關係第三節 資本支出與股票報酬之關聯第三章 假說發展與研究設計第一節 資本支出與未來盈餘關係之研究第二節 資本支出與股票報酬之關聯一、模式之建立二、盈餘水準及資本支出水準之增額資訊內涵三、廠房設備與土地投資投資對股價之影響四、未預期資本支出反應係數之影響因素五、長期資本支出對長期股票報酬之影響第三節 研究設計第四章 實證結果與分析第一節 資本支出與未來盈餘之關係一、區分汰舊換新型與規模成第型公司二、狀態空間模型之估計結果三、資本支出資訊是否有助於預測未來盈餘四、規模成長型公司與汰舊換新型公司盈餘成長率之比較第二節 年度資本支出與年度股票報酬之關聯一、變數敘述統計量二、盈餘與股價之關聯三、資本支出對股票報酬之增額解釋能力四．盈餘水準及資本支出水準之增額資訊內涵五、廠房設備投資與土地投資對股價之影響六、未預期資本支出反應係數之決定因素七、敏感度分析第三節 長期資本支出與股價報酬之關聯一、變數敘述統計量二、兩年度研究實證結果三、三年度研究實證結果第五章 結論與建議參考文獻附錄 | zh_TW |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#A2002000652 | en_US |
| dc.subject (關鍵詞) | 盈餘 | zh_TW |
| dc.subject (關鍵詞) | 資本支出 | zh_TW |
| dc.subject (關鍵詞) | 股票報酬 | zh_TW |
| dc.subject (關鍵詞) | 狀態空間模型 | zh_TW |
| dc.subject (關鍵詞) | 資本支出反應係數 | zh_TW |
| dc.subject (關鍵詞) | earnings | en_US |
| dc.subject (關鍵詞) | capital expenditure | en_US |
| dc.subject (關鍵詞) | stock returns | en_US |
| dc.subject (關鍵詞) | state space model | en_US |
| dc.subject (關鍵詞) | capital expenditure response coefficient | en_US |
| dc.title (題名) | 我國上市公司資本支出增額資訊內涵之研究 | zh_TW |
| dc.title (題名) | The Incremental Information Content of Capital Expenditures of Taiwan Listed Companies | en_US |
| dc.type (資料類型) | thesis | en_US |
