Implication of Excess Endowment Holdings for Non-for-Profit Organizations' Operation.

碩士 === 中原大學 === 會計研究所 === 95 === We use the model developed by Fisman and Hubbard(2002) to measure benchmark levels of endowment. We estimate a firm’s excess endowment holdings as the residuals based on this model, and used the regressions to distinguish growth opportunities, better monitoring, or a...

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Bibliographic Details
Main Authors: Ying-Chih Chen, 陳盈志
Other Authors: Chiang Liang Lin
Format: Others
Language:zh-TW
Published: 2007
Online Access:http://ndltd.ncl.edu.tw/handle/31974543186957020932