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...

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Bibliographic Details
Main Authors: Wei-Chih Lin, 林暐智
Other Authors: 作者未提供
Format: Others
Language:zh-TW
Published: 2013
Online Access:http://ndltd.ncl.edu.tw/handle/91055796283541459229