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Title: 庫藏股的股價反應以電子股為例
Authors: 蔡易儒;陳慈瑩;張巧臻;黃文珊;張淑宜
Contributors: 財務金融系
Keywords: 庫藏股 股價
Date: 2008-12-31
Issue Date: 2011-01-28T03:57:52Z
Abstract: 針對買回庫藏股的動機與目的文獻上大致可分為以下四種假說:
(一)資訊或訊號假說
(二)個人稅賦節省假說
(三)槓桿假說
(四) 自由現金流量假說
但不論是何種動機導致公司實施庫藏股,均是對投資人展現公司正面的訊息,因此應會有助於投資者在未來能獲得正的異常報酬率。
Appears in Collections:[Department of Applied Finance] Monograph

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