DC 欄位 值 語言 DC.contributor 財務金融學系在職專班 zh_TW DC.creator 陳燕珠 zh_TW DC.creator Yen-Chu Chen en_US dc.date.accessioned 2006-7-20T07:39:07Z dc.date.available 2006-7-20T07:39:07Z dc.date.issued 2006 dc.identifier.uri http://ir.lib.ncu.edu.tw:444/thesis/view_etd.asp?URN=91438005 dc.contributor.department 財務金融學系在職專班 zh_TW DC.description 國立中央大學 zh_TW DC.description National Central University en_US dc.description.abstract REITs的提供資金者包含投資機構與一般大眾；但REITs屬防禦型工具，並非適合所有人之投資工具，投資者除需評估經濟環境與景氣、受益證券之價值與風險，以及其他可能對收益造成影響的因素以外；同時對於所購買REITs本身的投資組合、管理團隊與財務策略，以及公開說明書、財報所揭露之資訊，也需有了解。 本論文首先介紹不動產證券化商品的定義與架構、國外和國內不動產證券化市場，及REITs商品的種類；再針對REITs投資風險進行分析與探討。主要分別從影響REITs預期報酬風險的總體風險、公司內部成長的營運風險、運用融資舉債外部成長的財務風險、流動性風險進行討論；讓投資人認知其金融商品運用在投資組合之重點與風險。 zh_TW dc.description.abstract The capital suppliers for REITs include investment institutions and general publics. But REITs is mostly liked defensive tool, which is not adaptable for all the investors. Besides evaluating the economic prosperity, beneficial values and risks, and factors causes profits and losses, the investors should study its profolio, managerial teams and financial strategies, as well as the exposed datums from its prospectus and financial reports. This article will be started to introduce the definitions and models of the REIT’s, forgein and domestic REIT’s markets, and its product categories, then the investment risk analysis and discussion will be proceeded by the overall risk of its expected return risk, company internal operation risk, financial risk from stock loan, and liquidity risk. Educating the investors more cognitive on the financial products when they exercise the keypoints and risks of the profolio. en_US DC.subject 風險 zh_TW DC.subject 不動產投資信託 zh_TW DC.subject 不動產資產信託 zh_TW DC.subject 加權平均資金成本 zh_TW DC.subject 系統風險 zh_TW DC.subject Risk en_US DC.subject REITs en_US DC.subject WACC en_US DC.subject β en_US DC.subject REAT en_US DC.title 台灣REITs的投資風險分析 zh_TW dc.language.iso zh-TW zh-TW DC.title The Investment Risk Analysis of Taiwan's REITs Market en_US DC.type 博碩士論文 zh_TW DC.type thesis en_US DC.publisher National Central University en_US