The Relationship of The Blockholder Shareholding Ratio Shifting In Short Period with Firm’s Revenue and Stock Price – A Study of Middle-sized Share Capital Firm (1 Billion – 5 Billion)

• Main Authors: Chih-Yu Tsai, 蔡智羽
• Other Authors: Jin-Chuan Huang
• Format: Others
• Language: zh-TW
• Published: 2012
• Online Access: http://ndltd.ncl.edu.tw/handle/04669134264564531731

碩士 === 銘傳大學 === 資訊管理學系碩士在職專班 === 100 === The most popular investment and financial tool in today sociality is stock market, the stock market is the place with public and transparent environment to make deal. However, it’s really exsiting “asymmetric information” phenomenon. The information revealed after stock price going up/down that it against information property – information spreading process and effectiveness. In this situation, it’s not beneficial for the retail inventors who relaying on this information to do investment. In this study, it will investigate how it effect on firm’s revenue and stock pricing when blockholder shareholding ratio shifted in short period. The result shows: (1). The blockholder shareholding ratio shifting duration with 3 months and 6 months, the shareholding shifting ratio at +-5%~10%, +-10% ~20%, or above +-20%, that it would have significant difference at YoY revenue growth ratio for coming 3 months. (2). the blockholder shareholding ratio shifting for 6 months and shareholding shifting ratio above +-20% that would have significant difference at stock pricing for coming 3 months. The result of this study will be a useful reference for investors who would like to understand what significant difference between the blockholder shareholding shifting ratio in short period, firm’s revenue and stock price.