FACTORS AFFECTING THE CHANGES OF THE STOCK PRICE

• Main Authors: You-Ming Liou, 劉佑銘
• Other Authors: Ming-Chuan Pan
• Format: Others
• Published: 2015
• Online Access: http://ndltd.ncl.edu.tw/handle/29481036936924599737

碩士 === 大同大學 === 事業經營學系(所) === 103 === The stock price change like commodity price changes depends on market supply and demand. And factors that affect stock price changes, in addition to the general macroeconomic factors, also include the industry development factors and company operating factors (Lin 1978). From the ups and downs of the stock market situation in Taiwan, it is unable to explain with purely economic factors. With the stock market internationalization and liberalization of Taiwan's footsteps, investors have gradually strengthening the influential trend in the stock market. Within the relax restrictions of the fund control among nations, the enterprise is not only able to raise fund through the foreign currencies but also to gain the profits by the reductions of duties and export quota and cost down through the specialization. Based on the theories above, the foreign currency trade would be included all the time in international enterprises, international investments, financing, and international trade. The fund raising through the capital markets is getting popular recently and the stock market definitely becomes one of the important properties, thus it is also the main channel that our citizens invest into. In order to have the movements of international stock market in hand efficiently, we have to realize what the factors influence the stock price are. This study is using Tatung University students as research objects. Separately investigate the effect of stock prices for macroeconomic, industry development and company operating. The results found that macroeconomic, industry development and company operating have a positive and significant impact on the stock price.