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    政大機構典藏 > 商學院 > 財務管理學系 > 學位論文 >  Item 140.119/120488
    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/120488


    Title: 高科技產業評價--實質選擇權在網路股上的應用
    Authors: 邱志忠
    Contributors: 杜化宇
    邱志忠
    Date: 2002
    Issue Date: 2018-10-11 09:32:25 (UTC+8)
    Abstract: 隨著網際網路的興盛,一些標榜提供網際網路相關產品的公司,如雨後春筍般的出現,著實讓人以為新經濟的到來。這些依附網路而存在的公司,提供一簡化交易及降低交易成本的機制,這簡化的機制得到投資大眾的認同。更加深這些公司股價的波動性,導致傳統運用在評價公司價值的分析模型相繼失效。因此如何評價這些科技產業問題,便成為學術界爭相探討的焦點。
    本文在幾何布朗運動中,再加入跳躍過程來評估網際網路公司價值時,比Schwartz及Moon (2000)兩位學者的模型更能有效解釋網際網路公司股價行為。
    Reference: 一、中文部分(依作者姓氏筆畫排列)
    1.吳匯寧,“新經濟企業評價---以網際網路股票為例”,淡江大學財務金融學系碩士論文,民國九十年六月。
    2.林家帆,“以實質選擇權法評估高科技產業股價”,國立政治大學金融研究所碩士論文,民國九十年六月。
    3.黃詮鑑,“網路公司的評價”,國立中山大學財務管理學系研究所碩士論文,民國八十九年六月。
    二、英文部分(依作者姓氏字母排列)
    1. Desmet, Driek and Tracy Francis, (2000) “Valuing dot-coms”, Mckinsey Quarterly, 148-157
    2. Duffie, Darrell, Dynamic asset pricing theory, Princeton University Press, c1996
    3. Harmon, Steve (1999) “The metrics for evaluating internet companies”, Molex Research Report
    4. Hirschey, Mark (1998) “How much is a tulip worth?” Financial Analyst Journal, July-August, 11-17
    5. Kou, S. G., (2002), “A jump diffusion model for option pricing”, Working paper, Columbia University
    6. Longstaff, F. A., E. S. Schwartz, (2001), “Valuing American options by simulation: a simple least-squares approach”, The Review of Financial Studies Vol. 14, No. 1. 113-147
    7. Luehrman, Timothy A., (1994), “Capital projects as real options : an introduction”, Harvard Business School case 295-074
    8. Merton R.C., (1976), “Option pricing when underlying stock returns are discontinuous”, Journal of Financial economics 3, 1976, 125-144.
    9. Neftci, Salih N (2000) An introduction to the mathematics of financial derivatives, Academic Press.
    10. Pindyck R. S., D.L. Rubinfeld, (1997), Econometric models and economic forecasts.
    11. Schwartz, Eduardo S. and Mark Moon, (2000), “Rational Pricing of Internet Companies “, Financial Analyst Journal, pp.62-75
    12. Trigeorgis, L. and S. P. Mason (1987) “Valuing Managerial Flexibility”, Midland Corporate Finance Journal 5, 1,14-21
    Description: 碩士
    國立政治大學
    財務管理學系
    90
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G91NCCV5932012
    Data Type: thesis
    Appears in Collections:[財務管理學系] 學位論文

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