A Study on the Wealth Effect of Overseas Convertible Bond Issues / 發行海外可轉換公司債對公司價值之影響

碩士 / 國立中山大學 / 企業管理研究所 / 83 / Financial markets and institutions are becoming globalized .In
1989 ,Taiwan''s company used overseas convertible bond as a tool
to finance the business,the cured study is designed to realize
the influence of overseas convertible bond isuue on company
stock price ,I used T-test & one way ANOVA to assess such
influence in different industries and diffenent issue prupose
,information effect is also discussed. Four principal
conclusions emanate from this research: 1.From the result of
cross-esctional analysis ,the information effect of overseas
convertible bond issue is not significant.From the result of
vertical-sectional analysis ,the information effect of overseas
convertible bond issue is significant in some samples. 2.The
positive effect of overseas convertible bond is significant
than the negative effect of domestic convertible bond. 3.The
influece of overseas convertible bond issue on stock price is
not significant in different issue prupose. 4.The influence of
overseas convertible bond issue on stock price is not
significant in different issue industries except sail.

Identiferoai:union.ndltd.org:TW/083NSYSU121043
Date January 1995
CreatorsWU ,JUNG-DAR, 吳建達
ContributorsHUANG ,JEN-TSUNG, 黃振聰
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format114

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