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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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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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.
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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 |
work_keys_str_mv |
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