English  |  正體中文  |  简体中文  |  Post-Print筆數 : 11 |  Items with full text/Total items : 88987/118697 (75%)
Visitors : 23581902      Online Users : 705
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    政大機構典藏 > 商學院 > 財務管理學系 > 學位論文 >  Item 140.119/85357
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/85357


    Title: 資產重組-追蹤股之研究
    Corporate Restructuring--tracking stocks
    Authors: 謝靜宜
    Contributors: 周行一
    史綱

    謝靜宜
    Keywords: 資產重組
    追蹤股
    資產分拆
    權益分割
    宣告效果
    累計異常報酬
    restructuring
    tracking stocks
    spin-offs
    carve-outs
    CAR
    Date: 2001
    Issue Date: 2016-04-18 16:26:25 (UTC+8)
    Abstract: 追蹤股係資產重組方式的一種,近年來在美國的證券市場增加許多的發行案例,追蹤股是針對多角化企業特定部門發行不同權利義務的普通股,表彰該特定企業的營運績效,提供給投資人更明確的投資評價,進而提升企業整體的價值。追蹤股的起源係於1984年General Motors在取得Ross Perot’s Electronic Data System後發行首創的追蹤股,雖然陸續有發行之個案,但追蹤股的發行熱潮主要集中於1998年至2000年,包括AT&T、Sprint Corp、Quantum Corp.及Disney等企業,且部分發行企業發行一種以上的追蹤股,因追蹤股可依發行企業的需求制定不同的投票權、轉換權、股利分配政策等,提供給投資者相當多的選擇,顯示追蹤股對企業的籌資或購併提供了新的工具。
    Reference: 1.Berger, Philip, and Eli Ofek. 1995, ”Diversification’s Effect on Firm Value,” Journal of Financial Economics 37, p39-65
    2.Clifford E. Neimeth, “Keeping Conglomerates On-Track”, Venture Capital Journal , August 1, p2-6
    3.Cynthia Robbins-Roth, 1998, “Stealth IPOs”, Forbes, November, p242-243
    4.Cusatis, P.J., Miles, J.A., Woolrigde, J.R., 1993, ”Restructuring through spin-offs: The stock market evidence,” Journal of Financial Economics 33, p293-312
    5.Janine Brewis, Jun 2000, “Unlocking the hidden value in your company,” Corporate Finance, p20-26
    6.Julia D’Souza , John Jacob, 2000, ”Why firms issue targeted stock” Journal of Financial Economics, p459-483
    7.Lisa Reilly Cullen, 1999, “Tracking stocks: No free ride”, Money, October, p52A-52B
    8.Logue, D., J. Seward, and J. Walsh, 1996, “Rearranging residual claims: A case for targeted stock”, Financial Management 25, p43-61
    9.Matthew T. Billett, David C. Mauer, 2000, “Diversification and the value of internal capital markets: The case of tracking stock,” Journal of Banking & Finance 24, p1457-1490
    10.Michaely, Roni, and Shaw Wayne H, Autumn 1995, “The choice of going public: Spin-offs vs. carve-outs,” Financial Management
    11.Patricia L Anslinger, Steven J. Klepper, and Somu Subramaniam, 1999 Number 1,”Breaking up is good to do,” The Mckinsey Quarterly, p12-27
    12.P.G.. Berger and E. Olfek, 1995, “Diversification’s Effect on Firm Value,” Journal of Financial Economics, p39-65
    13.Schipper, K., Smith, A., 1986, ”A comparison of equity carve-outs and seasoned equity offerings: Share price sffects and corporate restructuring,” Journal of Financial Economics 15, p153-186
    14.Slovin, M.B., Sushka, M.E., Ferraro, S.R., 1995, ”A comparison of the information cnceyed by equity carve-outs, spin-offs, and assets sell-offs,” Journal of Financial Economics 37, p89-104
    15.Susan Scherreik, 2000, “Tread carefully when you buy tracking stocks”, Business Week, March 6, p182-184
    16.Vicker, M., 2000, “Are two stocks better than one? ”, Business Week, June 28, p98-99
    17.Zuta, S., 2000, “Diversification discount and targeted stock: Theory and empirical evidence,” working paper, University of Maryland.
    Description: 碩士
    國立政治大學
    財務管理研究所
    87357016
    Source URI: http://thesis.lib.nccu.edu.tw/record/#A2002001567
    Data Type: thesis
    Appears in Collections:[財務管理學系] 學位論文

    Files in This Item:

    There are no files associated with this item.



    All items in 政大典藏 are protected by copyright, with all rights reserved.


    社群 sharing

    著作權政策宣告
    1.本網站之數位內容為國立政治大學所收錄之機構典藏,無償提供學術研究與公眾教育等公益性使用,惟仍請適度,合理使用本網站之內容,以尊重著作權人之權益。商業上之利用,則請先取得著作權人之授權。
    2.本網站之製作,已盡力防止侵害著作權人之權益,如仍發現本網站之數位內容有侵害著作權人權益情事者,請權利人通知本網站維護人員(nccur@nccu.edu.tw),維護人員將立即採取移除該數位著作等補救措施。
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback