The Asymmetric Responses of Stock Prices to Dividend Changes -- Evidence from Taiwan’s Electronics Industry
碩士 === 銘傳大學 === 經濟學系碩士班 === 101 === Dividend discount model documents that the stock price should be equal to the present value of its future dividends, which implies a long-term equilibrium relationship between stock price and dividend. Campbell and Shiller (1987) thus utilize the cointegration t...
Main Authors: | , |
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Other Authors: | |
Format: | Others |
Language: | zh-TW |
Published: |
2013
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Online Access: | http://ndltd.ncl.edu.tw/handle/91055796283541459229 |