The impact of the Asian financial crisis 1997 on the Hang Seng index constituents stocks, in terms of companies' earnings yield, P/E ratio and market-to-book ratio.

by Fong Yuet-Ming, Lau Mei-Po. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1999. / Includes bibliographical references (leaves 43-46). / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / LIST OF TABLES --- p.v / Chapter / Chapter I. --- INTRODUCTION --- p.1 / Chapter II. --- LITERATURE REVIEW --- p.3 / Roots of Asian Financial Crisis --- p.4 / Contagion Phenomenon --- p.10 / Fixed Exchange Rate Regime --- p.10 / Sterilized and Non-sterilized Foreign Exchange Rate --- p.12 / "Case Study of Fixed Exchange Rate Collapse: Mexico Peso Crisis,1982" --- p.13 / Crisis Theories --- p.14 / Chapter III. --- METHODOLOGY --- p.16 / CAPM Analysis --- p.17 / T-tests --- p.18 / Regression Analysis --- p.19 / Chapter IV. --- EMPIRICAL ANALYSIS --- p.20 / Category Level --- p.20 / Individual Stock Level --- p.24 / P/E Ratio Analysis --- p.24 / Share Price Analysis --- p.26 / Market-to-book Ratio Analysis --- p.29 / Cumulative Residual Analysis & Regression Residual Against Time --- p.31 / Chapter V. --- CONCLUSIONS & IMPLICATIONS FROM STUDY --- p.39 / Conclusions --- p.39 / Implications from Study --- p.41 / BIBLIOGRAPHY --- p.43 / APPENDIX / Graphs of Cumulative Residuals against Time of the Hang Seng Index Constituents Stocks

Identiferoai:union.ndltd.org:cuhk.edu.hk/oai:cuhk-dr:cuhk_322448
Date January 1999
ContributorsFong, Yuet-Ming., Lau, Mei-Po., Chinese University of Hong Kong Graduate School. Division of Business Administration.
Source SetsThe Chinese University of Hong Kong
LanguageEnglish
Detected LanguageEnglish
TypeText, bibliography
Formatprint, v, 47, [32] leaves : ill. ; 30 cm.
CoverageChina, Hong Kong, China, Hong Kong, Asia, Stock exchanges, China, Hong Kong, Hong Kong (China), 1997-
RightsUse 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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