The Relationship between Stock Price and EPS under the Different Level of Growth Rate of Operating Revenue: An Empirical Study of Electrical Industry in Taiwan

碩士 === 靜宜大學 === 財務金融研究所 === 96 === In this study, we use panel cointegration method 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 empir...

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Main Authors: Ya-wen Chang, 張雅雯
Other Authors: Chi-Wei Su
Format: Others
Language:en_US
Published: 2008
Online Access:http://ndltd.ncl.edu.tw/handle/30089297919495635261
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spelling ndltd-TW-096PU0053040062016-05-13T04:14:38Z http://ndltd.ncl.edu.tw/handle/30089297919495635261 The Relationship between Stock Price and EPS under the Different Level of Growth Rate of Operating Revenue: An Empirical Study of Electrical Industry in Taiwan 台灣電子業在不同營收成長下股價與每股盈餘之關連性‏ Ya-wen Chang 張雅雯 碩士 靜宜大學 財務金融研究所 96 In this study, we use panel cointegration method 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 the high level of growth rate, EPS has less power in explaining the stock prices; however, for the firm with the low level of growth rate, EPS has a strong impact in stock prices. Chi-Wei Su 蘇志偉 2008/06/ 學位論文 ; thesis 31 en_US
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language en_US
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sources NDLTD
description 碩士 === 靜宜大學 === 財務金融研究所 === 96 === In this study, we use panel cointegration method 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 the high level of growth rate, EPS has less power in explaining the stock prices; however, for the firm with the low level of growth rate, EPS has a strong impact in stock prices.
author2 Chi-Wei Su
author_facet Chi-Wei Su
Ya-wen Chang
張雅雯
author Ya-wen Chang
張雅雯
spellingShingle Ya-wen Chang
張雅雯
The Relationship between Stock Price and EPS under the Different Level of Growth Rate of Operating Revenue: An Empirical Study of Electrical Industry in Taiwan
author_sort Ya-wen Chang
title The Relationship between Stock Price and EPS under the Different Level of Growth Rate of Operating Revenue: An Empirical Study of Electrical Industry in Taiwan
title_short The Relationship between Stock Price and EPS under the Different Level of Growth Rate of Operating Revenue: An Empirical Study of Electrical Industry in Taiwan
title_full The Relationship between Stock Price and EPS under the Different Level of Growth Rate of Operating Revenue: An Empirical Study of Electrical Industry in Taiwan
title_fullStr The Relationship between Stock Price and EPS under the Different Level of Growth Rate of Operating Revenue: An Empirical Study of Electrical Industry in Taiwan
title_full_unstemmed The Relationship between Stock Price and EPS under the Different Level of Growth Rate of Operating Revenue: An Empirical Study of Electrical Industry in Taiwan
title_sort relationship between stock price and eps under the different level of growth rate of operating revenue: an empirical study of electrical industry in taiwan
publishDate 2008
url http://ndltd.ncl.edu.tw/handle/30089297919495635261
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