Relationship Between the Disposition Effect and Information Release : The Case of Taiwan Stock Exchange

碩士 === 靜宜大學 === 會計學系研究所 === 91 === The purpose of this study is to examine the impacts of information on investors'' behavior by looking at changes of the disposition phenomenon. By employing the sample of 385 Taiwan Stock Exchange (TSE) listed firms during the period of January 2, 2001 to...

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Bibliographic Details
Main Authors:	Ya-Lei Kao, 高亞蕾
Other Authors:	Ta-Chien Lee
Format:	Others
Language:	zh-TW
Published:	2003
Online Access:	http://ndltd.ncl.edu.tw/handle/21303648138895574244

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spelling	ndltd-TW-091PU0053850502016-06-08T04:13:34Z http://ndltd.ncl.edu.tw/handle/21303648138895574244 Relationship Between the Disposition Effect and Information Release : The Case of Taiwan Stock Exchange 處分效果與訊息釋放之關聯性-以台灣股市為例 Ya-Lei Kao 高亞蕾碩士靜宜大學會計學系研究所 91 The purpose of this study is to examine the impacts of information on investors'' behavior by looking at changes of the disposition phenomenon. By employing the sample of 385 Taiwan Stock Exchange (TSE) listed firms during the period of January 2, 2001 to February 18, 2003, I find that: （1）the disposition effect exists on TSE, （2）the disposition phenomenon is stronger when there is no news announced and （3）losers tend to sell their positions when there is bad news announced and winners tend to hold their positions when there is good news announced. Ta-Chien Lee Pao-Chung Hsu 李大千許保忠 2003 學位論文 ; thesis 106 zh-TW
collection	NDLTD
language	zh-TW
format	Others
sources	NDLTD
description	碩士 === 靜宜大學 === 會計學系研究所 === 91 === The purpose of this study is to examine the impacts of information on investors'' behavior by looking at changes of the disposition phenomenon. By employing the sample of 385 Taiwan Stock Exchange (TSE) listed firms during the period of January 2, 2001 to February 18, 2003, I find that: （1）the disposition effect exists on TSE, （2）the disposition phenomenon is stronger when there is no news announced and （3）losers tend to sell their positions when there is bad news announced and winners tend to hold their positions when there is good news announced.
author2	Ta-Chien Lee
author_facet	Ta-Chien Lee Ya-Lei Kao 高亞蕾
author	Ya-Lei Kao 高亞蕾
spellingShingle	Ya-Lei Kao 高亞蕾 Relationship Between the Disposition Effect and Information Release : The Case of Taiwan Stock Exchange
author_sort	Ya-Lei Kao
title	Relationship Between the Disposition Effect and Information Release : The Case of Taiwan Stock Exchange
title_short	Relationship Between the Disposition Effect and Information Release : The Case of Taiwan Stock Exchange
title_full	Relationship Between the Disposition Effect and Information Release : The Case of Taiwan Stock Exchange
title_fullStr	Relationship Between the Disposition Effect and Information Release : The Case of Taiwan Stock Exchange
title_full_unstemmed	Relationship Between the Disposition Effect and Information Release : The Case of Taiwan Stock Exchange
title_sort	relationship between the disposition effect and information release : the case of taiwan stock exchange
publishDate	2003
url	http://ndltd.ncl.edu.tw/handle/21303648138895574244
work_keys_str_mv	AT yaleikao relationshipbetweenthedispositioneffectandinformationreleasethecaseoftaiwanstockexchange AT gāoyàlěi relationshipbetweenthedispositioneffectandinformationreleasethecaseoftaiwanstockexchange AT yaleikao chùfēnxiàoguǒyǔxùnxīshìfàngzhīguānliánxìngyǐtáiwāngǔshìwèilì AT gāoyàlěi chùfēnxiàoguǒyǔxùnxīshìfàngzhīguānliánxìngyǐtáiwāngǔshìwèilì
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Relationship Between the Disposition Effect and Information Release : The Case of Taiwan Stock Exchange

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