碩士 / 國立暨南國際大學 / 管理學院經營管理碩士學位學程碩士在職專班 / 99 / This research discuss the influence of Taiwan secondary offering after the influence of the common stocks by overseas companies to issue Taiwan Depositary Receipts（referred to as the TDR）.Select the 2008 and 2010 "Hong Kong Stock Exchange" and the "Singapore Exchange" offered together in Taiwan has applied for a total of 21 companies offered and offered as the research sample.
The research is based on market model event study issued in Taiwan calculated TDR value to the company of the common stocks and stocks offered according to the original place of the sample divided into Hong Kong and Singapore, an industry divided into electronic and other non-electronic samples, and the common stocks whether the classification of Taiwan, then regression model to analyze the factors that affect the cumulative rewards. Empirical results show that:
1. On the whole sample, offered on the day of TDR is to present positive abnormal returns before and after the offering of 30 (61 days) appeared positive abnormal returns up to 55 days, until the parties offered on the first 23 negative abnormal returns before, then the cumulative average abnormal returns continued to show a significant positive.
2. To distinguish between samples in terms of classification, the common stock investment in Hong Kong who hold this event is with a positive attitude, Singapore, the original stock investors are more negative, the electronics industry sector than non-electronic industry sector, Africa and Taiwan better than the Taiwanese business sector stocks.
| Identifer | oai:union.ndltd.org:TW/099NCNU1457056 |
| Date | January 2011 |
| Creators | Chen,Chao-Kuei, 陳招貴 |
| Contributors | Chen,Jing-Yi, 陳靜怡 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 45 |
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