期刊論文
| 學年 | 96 |
|---|---|
| 學期 | 2 |
| 出版（發表）日期 | 2008-05-01 |
| 作品名稱 | The Relationship between Stock Price and EPS: Evidence Based on Taiwan Panel Data |
| 作品名稱（其他語言） | |
| 著者 | Chang, Hsu-ling; Chen, Yahn-shir; Su, Chi-wei; Chang, Ya-wen |
| 單位 | 淡江大學國際企業學系 |
| 出版者 | Nashville: Economics Bulletin |
| 著錄名稱、卷期、頁數 | Economics Bulletin 3(30), pp.1-12 |
| 摘要 | In this study, we use panel cointegration methods to investigate the relationship between stock prices and earnings-per-share (EPS). Furthermore, we consider whether stock prices respond to EPS under the different level of growth rate of operating revenue. The empirical result indicated that the cointegration relationship existed between stock prices and EPS in the long-run. Furthermore, we found that for the firm with a high level of growth rate, EPS has less power in explaining the stock prices however, for the firm with a low level of growth rate, EPS has a strong impact in stock prices. |
| 關鍵字 | |
| 語言 | en |
| ISSN | 1545-2921 |
| 期刊性質 | 國外 |
| 收錄於 | |
| 產學合作 | |
| 通訊作者 | |
| 審稿制度 | |
| 國別 | USA |
| 公開徵稿 | |
| 出版型式 | 電子版 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/54899 ) |