The Relationship between Stock Price and EPS: Evidence Based on Taiwan Panel Data
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

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