參考文獻 |
Asquith, Paul and David Mullins (1986), ”Equity issues and stock price dilution“, Journal of Financial Economics, vol. 15, pp. 61-99.
Alitinkilic O., Hansen R. (2003), “Discounting and underpricing in seasoned equity offers”, Journal of Financial Economics, vol. 69, pp. 285-323.
Barclay M. and Litzenberger R. (1988), “Announcement effects of new equity issues and the use of intraday price data〞, Journal of Financial Economics, vol. 21, pp. 71-99.
Brav A., Geczy C., Gompers P. (2000), “Is the abnormal return following equity issuances anomalous?” Journal of Financial Economics 56, 209-249.
Busse J. A., Green T. C. (2002), 〝Market efficiency in real time〞, Journal of Financial Economics, vol. 65, pp. 415-437.
Bayless M., Jay N. R., (2003), “Is the performance of firms following seasoned equity issues anomalous?”, Journal of Banking and Finance, vol. 27, pp. 1273-1296.
Bessembinder H. (2003), 〝Issues in assessing trade execution costs〞, Journal of Financial Markets, vol. 6, iss.3, pp. 233-257.
Chordia T., Roll R., and Subrahmanyam A. (2001), 〝Market liquidity and trading activity〞, Journal of Finance, vol. 56, pp. 501-530.
Eckbo, B. Espen, Ronald W. Masulis, and Oyvind Norli (2000), “Seasoned public offerings: resolution of the new issues puzzle”, Journal of Financial Economics, vol. 56, pp. 251-291.
Ellis K., Michaely R., and O’Hara M. (2000), 〝The accuracy of trade classification rules: evidence from Nasdaq〞, Journal of Financial and Quantitative Analysis, vol. 35, pp. 529-551.
Galai, Dan and Ronald W. Masulls (1976), “The option pricing model and the risk factor of stock”, Journal of Financial Economics, vol. 3, pp. 53-82.
Masulis, R. and L. Shivakumar., (2002). “Does Market Structure Affect the Immediacy of Stock Price Responses to News?”, Journal of Financial and Quantitative Analysis, vol. 37.
Jennings, R., Starks, L. (1985). “Information content and the speed of stock price adjustment.” Journal of Accounting Research 23, 336-350.
Jonathan Clarke, Craig Dunbar, and Kathleen M. Kahle. (2001), Journal of Financial and Quantitative Analysis, vol. 36, No. 4, pp. 415-430.
Jensen, Michael C. (1986), “Agency costs of free cash flow, corporate finance, and takeovers”, American Economic Review, vol. 76, pp. 323-329.
Loughran T., Ritter J. (1995), “The new issues puzzle”, The Journal of Finance,
vol. 50, pp. 23-51.
Kalay, Avner, and Adam Shimrat (1987), “Firm value and seasoned equity issues: price pressure”, wealth redistribution, or negative information, Journal of Financial Economics, vol. 19, pp. 109-126
Kim O. and Verrecchia R. E. (1994), “Market liquidity and volume around earnings announcements” , Journal of Accounting and Economics, vol. 17, pp. 41-67
Lee c. and Ready M. (1991), 〝Inferring trade direction from intraday data〞, Journal of Finance, vol. 46, pp. 733-746
Lee C. M. C., Mucklow B., and Ready M. J. (1993), 〝Spreads, depths, and the impact of earnings information: an intraday analysis〞, The Review of Financial Studies, vol.6, no. 3, pp. 345-374.
Modigliani, Franco and Merton Miller (1963), “The cost of capital, corporation finance and the theory of investment”, American Economic Review, vol. 48, pp. 261-297.
Merton, Robert, (1974), “On the pricing of corporate debt: The risk structure of interest rates”, Journal of Finance, vol. 29, pp. 449-470.
MC Jensen, WH Meching (1976), “Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structre.”, Journal of Financial Economics, vol. 3, pp. 305-360.
Masulis, R. W. (1983), “The Impact of Capital Structure Change on Firm Value: Some Estimates”, Journal of Finance, vol. 38, pp. 107-126.
Myers, Stewart C. and Nicholas S. Majluf (1984), “Corporate financing and investment decisions when firms have information that investors do not have”, Journal of Financial Economics, vol. 13, pp. 187-221.
McConnell, J. and C. Muscarella (1985), “Corporate capital expenditure decisions and the market value of the firm”, Journal of Financial Economics, Forthcoming.
Miller, Merton and Kevin Rock (1985), “Dividend policy under asymmetric information”, Journal of Finance, vol 40, pp. 1031-1052.
Masulis, Ronald W., and Ashok N. Korwar (1986), “Seasoned equity offerings: An empirical investigation”, Journal of Financial Economics, vol. 15, pp. 91-118.
Mikkelson, Wayne H., Megan Partch (1986), “Valuation effects of security offerings and the issuance process”, Journal of Financial Economics, vol. 15, pp. 31-60.
Mark Bayless and Nancy R. Jay (2003). “Is the performance of firms following seasoned equity issues anomalous?”, Journal of Banking & Finance, vol. 27, pp. 1273-1296.
Peter A. Brous, Vinay Datar, and Omesh Kini (2001), “Is the Market Optimistic about the Future Earnings of Seasoned Equity Offering Firms?”, Journal of Financial and Quantitative Analysis, vol. 36.
Smith, Clifford and Jerold Warner (1979), “On financial contracting: An analysis of bond covenants”, Journal of Financial Economics, vol. 7, pp. 117-161. |