Price Momentum and Institutional Ownership： Evidence from the Taiwan Stock Market

碩士 === 開南大學 === 財務金融學系 === 99 === This paper examines how the price momentum strategies in Taiwan stock market between 2001 to 2010.We find that the price momentum strategies do not exist any profits in the whole Taiwan stock market .The higher institutional ownership groups that simulate the si...

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Main Authors:	Hung KuoChih, 洪國智
Other Authors:	尤靜華
Format:	Others
Language:	zh-TW
Published:	2011
Online Access:	http://ndltd.ncl.edu.tw/handle/86329640802773850835

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spelling	ndltd-TW-099KNU003040282015-10-23T06:50:19Z http://ndltd.ncl.edu.tw/handle/86329640802773850835 Price Momentum and Institutional Ownership： Evidence from the Taiwan Stock Market 台灣股市動能策略輔以機構法人持股之實證研究 Hung KuoChih 洪國智碩士開南大學財務金融學系 99 This paper examines how the price momentum strategies in Taiwan stock market between 2001 to 2010.We find that the price momentum strategies do not exist any profits in the whole Taiwan stock market .The higher institutional ownership groups that simulate the situation of American stock market also do not earn any profits in momentum strategies. But we find that momentum profits are positively and significantly related to institutional ownership. Finally we argue that institutional ownership is one of factor of influencing momentum profits in Taiwan stock market. 尤靜華 2011 學位論文 ; thesis 41 zh-TW
collection	NDLTD
language	zh-TW
format	Others
sources	NDLTD
description	碩士 === 開南大學 === 財務金融學系 === 99 === This paper examines how the price momentum strategies in Taiwan stock market between 2001 to 2010.We find that the price momentum strategies do not exist any profits in the whole Taiwan stock market .The higher institutional ownership groups that simulate the situation of American stock market also do not earn any profits in momentum strategies. But we find that momentum profits are positively and significantly related to institutional ownership. Finally we argue that institutional ownership is one of factor of influencing momentum profits in Taiwan stock market.
author2	尤靜華
author_facet	尤靜華 Hung KuoChih 洪國智
author	Hung KuoChih 洪國智
spellingShingle	Hung KuoChih 洪國智 Price Momentum and Institutional Ownership： Evidence from the Taiwan Stock Market
author_sort	Hung KuoChih
title	Price Momentum and Institutional Ownership： Evidence from the Taiwan Stock Market
title_short	Price Momentum and Institutional Ownership： Evidence from the Taiwan Stock Market
title_full	Price Momentum and Institutional Ownership： Evidence from the Taiwan Stock Market
title_fullStr	Price Momentum and Institutional Ownership： Evidence from the Taiwan Stock Market
title_full_unstemmed	Price Momentum and Institutional Ownership： Evidence from the Taiwan Stock Market
title_sort	price momentum and institutional ownership： evidence from the taiwan stock market
publishDate	2011
url	http://ndltd.ncl.edu.tw/handle/86329640802773850835
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Price Momentum and Institutional Ownership： Evidence from the Taiwan Stock Market

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