| Abnormal Stock Returns and Journalism’s Recommendations: Reexamining of Hybrid Grey-Market Model | |
|---|---|
| 學年 | 98 |
| 學期 | 1 |
| 出版（發表）日期 | 2009-09-01 |
| 作品名稱 | Abnormal Stock Returns and Journalism’s Recommendations: Reexamining of Hybrid Grey-Market Model |
| 作品名稱（其他語言） | |
| 著者 | Wang, Yi-Hsien; Chuang Chung-Chu; Tsai, Chung-Ming; Chuang, Ya-Hui |
| 單位 | 淡江大學管理科學學系 |
| 出版者 | Burnham: Research Information Ltd. |
| 著錄名稱、卷期、頁數 | The Journal of Grey System 21(3), pp.309-319 |
| 摘要 | This study employs hybrid grey-market model to reexamine the market behavior of journalism's recommendations of electronics companies. The empirical results confirm that security analysis recommend the continued growth stock to maintain the forecasting performance. Furthermore, the investors hold the conservative portfolio to reduce market risk, and the abnormal returns are moving lower following the analysis' recommendation. |
| 關鍵字 | Grey-market model;Recommendatory stock;Abnormal return;Event study |
| 語言 | en |
| ISSN | 0957-3720 |
| 期刊性質 | 國外 |
| 收錄於 | SCI |
| 產學合作 | |
| 通訊作者 | Wang, Yi-Hsien |
| 審稿制度 | |
| 國別 | GBR |
| 公開徵稿 | |
| 出版型式 | 紙本 |
| 相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/65060 ) |
| SDGS | 優質教育 |
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