The Impacts of Euro Convertible Bond Announcement on Stock Returns / 海外可轉換公司債發行宣告對股價報酬的影響

碩士 / 國立雲林科技大學 / 企業管理系碩士班 / 92 / Euro Convertible Bond (ECB) is a new and most manners for raising fund. It is a convertible bond combined with bond and equity; issued in oversea by foreign current. Investors can exchange convertible bond into common stock or DR during a specialized period after issued. Therefore, ECB could be seen as a financial good combining pure bond and option.
We want to clear the relation between the declaration of ECB and the rate of return of the issuing company. Chapter one is our motive and goal. Chapter two is the definition and feature of ECB; also introducing relative literatures done. Chapter three is our basic theory and research manner. Chapter five is our conclusion.
The result is that during the board day, the relation is significant, but it is not during the issuing day. Moreover, it is not significant during long term period.
We are interested in the relationship between the declaration deed and the rate of return as the conversion rate was set. We cannot include the property and growth of the issuing company. Here, we advice later researches can add these and financial structure into research model to get a more appropriate result.

Identiferoai:union.ndltd.org:TW/092YUNT5121023
Date January 2004
CreatorsHsing-Kuo Kao, 高興國
ContributorsChung-Jen Fu, 傅鍾仁
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format83

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