Stock options introduction: implications on related securities.

• Other Authors: Lau, Kai Shing.
• Format: Others
• Language: English
• Published: 1997
• Subjects: Stock options; Stock options > China > Hong Kong; Stock warrants; Stock warrants > China > Hong Kong; Derivative securities; Derivative securities > China > Hong Kong
• Online Access: http://library.cuhk.edu.hk/record=b5889176; http://repository.lib.cuhk.edu.hk/en/item/cuhk-321881

Lau, Kai Shing. === Thesis (M.Phil.)--Chinese University of Hong Kong, 1997. === Includes bibliographical references (leaves 74-78). === INTRODUCTION --- p.2 === COVERED WARRANTS AND STOCK OPTIONS: A BRIEF BACKGROUND --- p.6 === Chapter a) --- covered warrants --- p.6 === Chapter b) --- Stock Options --- p.10 === Chapter c) --- covered warrants and stock options： a comparison --- p.14 === Chapter d) --- pricing difference between covered warrants and stock options --- p.18 === LITERATURE REVIEW --- p.20 === Chapter a) --- Introduction --- p.20 === Chapter b) --- theory on issuing of stock options --- p.21 === Chapter c) --- the introduction of stock options --- p.26 === Chapter i) --- Stock Options in United States --- p.26 === Chapter ii) --- Stock Options in United Kingdom --- p.28 === Chapter iii) --- Stock Options in Canada --- p.28 === Chapter iv) --- Options in Asia --- p.29 === Chapter d) --- Return Volatility and Trading Volume --- p.31 === Chapter i) --- Introduction --- p.31 === Chapter ii) --- Mixture of Distribution Hypothesis --- p.32 === Chapter iii) --- Classical Model of the Mixture of Distributions Hypothesis --- p.35 === Chapter iv) --- Recent Empirical Model of the Mixture of Distribution Hypothesis --- p.37 === DATA --- p.40 === METHODOLOGY --- p.43 === Chapter a) --- introduction --- p.43 === Chapter b) --- informational efficiency in the cash market --- p.45 === Chapter i) --- Model for Information Arrival and Price Adjustment --- p.46 === Chapter ii) --- Results --- p.48 === Chapter iii) --- An Overall Effect on the Cash market --- p.55 === Chapter c) --- information Cost and Trading Cost in Covered Warrants Market --- p.57 === Chapter i) --- Introduction --- p.57 === Chapter ii) --- Spread function for Covered Warrants --- p.62 === Chapter iii) --- Results --- p.63 === Chapter iv) --- Adjustments for Moneyness --- p.67 === CONCLUSION --- p.70 === REFERENCES --- p.74