Lu Yiyang. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2004. / Includes bibliographical references (leaves 79-82). / Abstracts in English and Chinese. / Chapter Chapter 1: --- Introduction --- p.1 / Chapter Chapter 2: --- Literature Review --- p.6 / Chapter 2.1 --- Econometric analysis of stock price with macro variables --- p.6 / Chapter 2.2 --- Momentum and Price Reversal --- p.10 / Chapter 2.3 --- Relationship between earnings and stock return --- p.15 / Chapter 2.4 --- Other Financial Investigations in Hospitality Industry --- p.18 / Chapter 2.5 --- Research Motivations --- p.21 / Chapter 2.7 --- Thesis Outline --- p.24 / Chapter Chapter 3: --- Macroeconomic Analysis --- p.26 / Chapter 3.1 --- Selection of macroeconomic variables --- p.26 / Chapter 3.2 --- Research Methodology --- p.30 / Chapter 3.2.1 --- VAR Model --- p.30 / Chapter 3.2.2 --- Methodological Consideration --- p.31 / Chapter 3.2.2.1 --- Granger Causality Test --- p.31 / Chapter 3.2.2.2 --- Variance Decomposition --- p.32 / Chapter 3.2.2.3 --- Ordering of variance decomposition --- p.34 / Chapter 3.2.3 --- Model Specification --- p.35 / Chapter 3.3 --- Empirical Results --- p.36 / Chapter 3.3.1 --- The Contemporaneous Correlation Between Hospitality Stock Returns and Selected Macroeconomic Variables --- p.36 / Chapter 3.3.2 --- The Correlation Between Hospitality Stock Returns and Lagged Macroeconomic Variables --- p.38 / Chapter Chapter 4: --- Momentum and Price Reversal --- p.46 / Chapter 4.1 --- Samples and Data Selection --- p.46 / Chapter 4.2 --- Methodology --- p.52 / Chapter 4.3 --- Empirical Results by Stock Return Ranking --- p.53 / Chapter 4.4 --- Stock Returns by ROA Ranking --- p.63 / Chapter 4.5 --- Regression Results --- p.73 / Chapter Chapter 5: --- Conclusions --- p.76
| Identifer | oai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_324936 |
| Date | January 2004 |
| Contributors | Lu, Yiyang., Chinese University of Hong Kong Graduate School. Division of Business Administration. |
| Source Sets | The Chinese University of Hong Kong |
| Language | English, Chinese |
| Detected Language | English |
| Type | Text, bibliography |
| Format | print, 105 leaves ; 30 cm. |
| Rights | Use of this resource is governed by the terms and conditions of the Creative Commons “Attribution-NonCommercial-NoDerivatives 4.0 International” License (http://creativecommons.org/licenses/by-nc-nd/4.0/) |
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