English  |  正體中文  |  简体中文  |  Post-Print筆數 : 11 |  Items with full text/Total items : 88613/118155 (75%)
Visitors : 23478168      Online Users : 324
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 > 企業管理學系 > 學位論文 >  Item 140.119/88271
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/88271

    Title: 除息(權)日前後股票市場之交易行為
    Trading Behavior Around Ex-dividend Day
    Authors: 陳昭銘
    Chen, Chao Ming
    Contributors: 林基煌
    Ling ,Jia Huang
    Chen, Chao Ming
    Keywords: 除息
    Short-term Trading
    Date: 1994
    Issue Date: 2016-04-29 15:15:19 (UTC+8)
    Abstract: 在過去的理論中,自從Campbell與Beranek 在1955年之研究發現除息之行
    Reference: 林清山,多變量分析統計法; 台北:東華書局,民國72年8月三版。










    Barclay, M. J.,” Dividends, Taxes, and Common Stock Prices: The Ex-Dividend Day Behavior of Common Stock Prices Before the Income Tax”, Journal of Financial Economics , Sep 1987 pp: 31-44.

    Baker, H. K.; Farrelly, G. E.& Edelman, R. B.” A Survey of management Views on dividend Policy “,Financial Management ,Aut 1985 pp: 78-84.

    Beaver,W.P.Kettler,and Schole,M.”The Association Between Market Determined and Accounting Determined Risks Measure” Accounting Review,Oct 1970 pp:654-682.

    Black, F. and M. Scholes ,”The effects of dividend yield and dividend policy on common stock prices and returns”,Journal of Financial Economics 1,1974 pp:1-22.

    Booth, L.D. & Johnston , D. J.,” The Ex—Dividend Day Behavior of Canadian Stock Prices:Tax Changes and Clietele Effects”, Journal of Finance, Jun 1984 pp: 457-476.

    Campbell, J. and Beranek, W, “Stock price Behavior on ex-dividend dates”, Journal of Finance,Dec 1955.pp:452-429.

    Crossland, M.; Dempsey, M.; and Moizer, P.”The Effect of Cum- to Ex-Dividend Changes on UK Share Prices”Accounting & Business Research, Winter 1991 pp: 47-50.

    Davidson, I.R.; Mallin, C.A., “Ex-Effects: An Empirical Reassessment of the Clientele Effect Using UK Data”, Accounting& Business Research, Summer 1989 pp: 227-236.

    Dermody, J. C.& Prisman, E. Z.,”Term Stucture Multiplicity and Clientele in Markets with Transactions Costs and Taxes”, Journal of Finance, Sep 1988 pp: 893-911.

    Dybvig, P.H., Ross, S.A.& Williams, J.,” Tax Clienteles and Asset Pricing/Comment”, Journal of Finance, Jul 1986 pp:751-763.

    Eades, K.,P.Hess and h.Kim,On interpreting security returns during the Ex-dividend period, Journal of Financial Economics, March 1984,pp:3-35.

    Elton,e.,M.Gruber,” Marginal stockholder tax rates and the Clientele effect, Review of Economics and Statistics,Feb 1970 pp:69-74.

    Elton,e.,M.Gruber and .Rentzler,” The ex-dividend day behavior of stock prices;a reexamination of the clientele effect: A Command”,Journal of Finance,Jun 1980 pp:51-556.

    Gagnon, J.& Suret, J.,”Ex-Dividend Day Price Changes and Implied Tax Rates: An Evaluation”, Journal of Financial Research, Fall 1991, pp: 255-262.

    Gay, G.D.& Kim,S.,”The Coupon-Induced Tax Clientele Effect in Bond Prices”,Managerial & Decision economics, Oct 1991, pp: 367-376.

    Gordon,R.H. and Bradford,D.F. “Taxation and Stock Market Valuation of Capital Gains and Dividends: Theory and Empirical Results,”Journal of Public Economics 14,1980, pp:109-136.

    Grammatikos,T.” Dividend Stripping,Risk Exposure and the Effect of the 1984 Tax Reform Act on the Ex-dividend Day Behavior “Journal of business,Apr 1989,pp:157-173.

    Grinblatt,M.S, Masulis,R.W. and Timan, S “The Valuation Effect of Stock Splits and Stock Dividends “Journal of Financial economics,Dec 1984,pp:461-490.

    Fung, W. K. H.,” Taxes, Clientele Effect of Dividend and Risk, return Linearity”, Journal of Banking & Finance, Sep 1981 pp: 405-424.

    Heath, D.C. and Jarrow, R.A.” Ex-Dividend Stock Price Behavior and Arbitrage Opportunity,” Journal of Business 61,1988 ,pp:95-108.

    Hess, P.J.& Gibbons, M.R.,” The Ex-Dividend Day Behavior of Stock Returns: Further Evidence on Tax Effects/Discussion “Journal of Finance,May 1982 pp: 445-456,474-476.

    Hess, P. ,”The ex-dividend day behavior of stock returns :Further evidence on tax effects”, Journal of Finance 37,1982 pp:445-456.

    Kalay, A. , “The Ex-Dividend Day Behavior of Stock Pries: A Re-Examination of the Clientele Effect”, Journal of Finance, Sep 1982 pp:1059-1070.

    Kalay, A. ,”The ex-dividend day behavior of stock prices : A reexamination of the clientele effect ; Reply”, Journal of Finance,June 1984,pp:557-563.

    Katz, E. & Prisman, E. Z. ,“Arbitrage, Clientele Effects, and the Term Stucture of Interest Rates”, Journal of Financial & Quantitative Analysis, Dec 1991,pp: 435-443.

    Kaproff, J.M. and R.A. Walking, ”Short-Term Trading Around Ex-Dividend Days”, Journal of Finance economics, Sep 1988, pp:291-298.

    Lakonishok, J. and T. Vermalelen, “Tax reform and Ex-Dividend Day behavior,” Journal of Finance, Sep 1983, pp: 1157-1179.

    Lakonishok, J. and Vermalelen T. , “Tax-induced Trading Around Ex-Dividend Day,” Journal of Financial Economics, July 1986, pp: 287-319.

    Lewellen, W. G ., Stanley, K. L ., Lease, R.C. and Schlarbau G.G. “Some Direct Evidence on the Dividend Clientele Phenomenon,”, Journal of Finance, 33,1978, pp: 1385-1399.

    Loeb, T., “Trading cost: The critical link between invest information and results”, Financial Analyst Journal , May-June, 1983, pp:39-44.

    Miller, M. and Modogliani, F. “Dividend Policy, Growth and Valuation of Shares, “Journal of Business, 34, 1961, pp: 44-443.

    Miller, M. and Scholes, M. ”Dividend and Taxes,” Journal of Financial Economics 6, 1978, pp: 333-364.

    Miller, M. and Sholes, M. “Dividend and Taxes: Some Empirical Evidence, ”Journal of Political Economy, March-April 1982, pp:1118-1141.

    Michaely. R. “Ex-Dividend Day Stock price Behavior: The case of the 1986 Tax Reform Act”, Journal of Finance, July 1991, pp: 845-860.

    Skinner, D.L.& Gilster, J.E., “Dividend Clienteles, the Tax-Clientele Hypothesis, and Utilities”, Financial Review, May 1990, pp: 287-296.

    Schaefer, S.M., “Tax-Induced Clientele Effects in the market for British Government Securities: Placing Bournds on Security Values in an Incomplete Market”, Journal of Financial Economics, Jul 1982 pp: 121-159.

    Stickel, S. “The Ex-Dividend Behavior of nonconvertible Prefered Stock Returns and Trading Volume”, Journal of Financial and Quantitative Analysis, Mar 1991 pp:45-62.

    Venkatesh, P.C. “Trading Costs and Ex-day Behavior: An Examination of Primes and Scores”, Financial Management, Aut 1991 pp:84-95.
    Description: 碩士
    Source URI: http://thesis.lib.nccu.edu.tw/record/#B2002003653
    Data Type: thesis
    Appears in Collections:[企業管理學系] 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

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback