博碩士論文 964204017 完整後設資料紀錄

DC 欄位	值	語言
DC.contributor	產業經濟研究所	zh_TW
DC.creator	洪偲芸	zh_TW
DC.creator	Szu-yun Hung	en_US
dc.date.accessioned	2009-7-17T07:39:07Z
dc.date.available	2009-7-17T07:39:07Z
dc.date.issued	2009
dc.identifier.uri	http://ir.lib.ncu.edu.tw:444/thesis/view_etd.asp?URN=964204017
dc.contributor.department	產業經濟研究所	zh_TW
DC.description	國立中央大學	zh_TW
DC.description	National Central University	en_US
dc.description.abstract	本研究利用隨機邊界法套入CAPM模型及T&M模型，以組合誤差判斷基金經理人的操作能力，選取136檔台灣共同基金做為研究樣本，為反應股市結構的改變，將研究期間由2006年1月至2008年12月分為股市上漲與股市下跌二個階段做探討，利用Frontier 4.1求得各檔基金的效率值，結果發現效率值與傳統的詹森指標有高度的正相關，能夠精確的反應基金報酬率與基金經理人的作能力，因此，利用隨機邊界法所估得的效率值是值得投資者參考的相對指標；同時亦發現，在股市多頭期間基金經理人的擇股能力優於股市空頭期間。	zh_TW
dc.description.abstract	To measure the performance of 136 Taiwanese mutual fund employing stochastic frontier. Following the stochastic frontier approach, we can use a compound error component to evaluate the manager’s operating ability. The sample chosen form Jan. 2006 – Dec. 2008. In order to reflect the change of the stock market’s structure, the study period can be divided into two parts. One period is the stock index rise and the other is the stock index slide. TE was acquired by using software Frontier 4.1. I discover that there is highly positive relationship between Jensen Index and TE. Meanwhile, TE could reflect mutual funds’ return precisely. As the result, the approach of stochastic frontier is a dependable relative indicator for investors.	en_US
DC.subject	基金經理人	zh_TW
DC.subject	組合誤差	zh_TW
DC.subject	隨機邊界法	zh_TW
DC.subject	台灣共同基金	zh_TW
DC.subject	Stochastic frontier	en_US
DC.subject	compound error	en_US
DC.subject	mutua	en_US
DC.subject	manager	en_US
DC.title	台灣共同基金績效探討-隨機邊界法之應用	zh_TW
dc.language.iso	zh-TW	zh-TW
DC.title	Measuring Taiwanese Mutual Funds Performance with Stochastic Frontier	en_US
DC.type	博碩士論文	zh_TW
DC.type	thesis	en_US
DC.publisher	National Central University	en_US