Reference: | {1} Black,F.Jenson,M.and Scholes,M.(1972) “The capital asset pricing model:some empirical tests,Studied in the Theory of Capital Market”Praeger Publishers,New York {2} Banz, R. W.(1981) “The relationship between return and market value of common stocks”Journal ofFinancial Economics 9(1), 3–18. {3} Barry, C. and S. Brown(1983) “Differential Information and the Small Firm Effect,” Journal of Financial Economics 13, 1984, 283-294. {4} Benanke, B. S.; Alan S. Blinder(1988) “ Credit, Money, and Aggregate Demand”The American Economic Review, Vol. 78, No. 2,435-439. {5} Buchholtz, A.K. and B. A. Ribbens (1994) “Bankruptcy and Corporate Governance : The impact of Board Composition and Structure” Academy of Management Journal 37(6),1603-1617 {6} Bhattacharya, S. and G. Chiesa, (1995)“Proprietary Information, Financial Intermediation, and Research Incentives,” Journal of Financial Intermediation, 4, 328-357. {7} Benanke, B. S., and M. Gertler(1995) “Inside the black box: The credit channel of monetary policy transmission” Journal of Economic Perspectives, 9, 27-48. {8}Brennan, Michael J., Ahley W. Wang, and Yihong Xia(2002) “Estimation and test of a simple model of intertemporal capital asset pricing” working paper, Anderson School, UCLA. {9}Chen, N. R. Roll, and S. Ross (1986)“Economic forces and the stock market” Journal of Business 59,383–403. {10}Chan,K.C.,Nai-fu Chen(1991)“Structural and return characteristics of small and large firms”Journal of Finance 46,1467-1484 {11}Daniel, Kent, and Sheridan Titman(1997) “Evidence on the characteristics of cross-sectional variation in stock returns”Journal of Finance 52, 1-34. {12}Davis,J. , Fama, E. F., and French, K. R. (1999) "Characteristics, Covariances, and Average Returns: 1929-1997," Center for Research in Security Prices, working papers,NO 471 {13}Denis, D. and V. Mihov(2002)“The Choice among Bank Debt, Non-bank Private Debt and Public Debt: Evidence from New Corporate Borrowings,” Journal of Financial Economics, 70, 3-28. {14}Fama, E. F. and J. D. Macbeth (1973)”Risk, return and equilibrium: Empirical tests”Journal of Political Economy 81, 607–36. {15}Fama, E.F.(1985)“What’s Different about Banks?” Journal of Monetary Economics, 15, 29-39. {16} Fama, E. F., and French, K. R. (1992), “The Cross-section of Expeted Stock Returns”,The Journal of Finance,427-465 {17} Fama, E. F., and French, K. R. (1993), “Common risk Factors in the Return on Stocks and Bonds,” Journal of Financial Economics, Vol. 33, pp.3-56. {18}Fama, Eugene F., and Kenneth R. French(1996) “Multifactor explanations of asset pricing Anomalies”Journal of Finance 51, 55-84. {19} Gertler, M., and R. G. Hubbard(1988) “Financial factors in business fluctuations” NBER Working Paper No. 2758.
{20}Guha, D. and Hiris, L.(1999)“Forecasting the quality spread using business cycle indicators” presented at the 1999 FMA International Conference in Barcelona, Spain . {21}Guha, D. and Hiris, L.(2002 ) “The aggregate credit spread and the business cycle”International Review of Financial Analysis , 11, 219-227. {22} Jensen, M. and W. Meckling(1976) Theory of the firm : Managerial Behavior, Agency Costs, and Capital Struture. Journal of Financial Economics 33:305-360. {23} Jaehoon Hahn ,Hangyong Lee(2006) “Yield spreads as alternative risk factors for size and book-to-market” Journal of Financial and Quantitative Anaysis, VOL 41 ,NO 2, 245–269 {24}Keim, Donald B., and Robert F. Stambaugh(1986) “Predicting returns in the stock and bond markets”Journal of Financial Economics 17, 357-390. {25} Kashyap, A. K., Stein, J. C., and D. W. Wilcox (1993) “Monetary policy and credit conditions: Evidence from the composition of external finance, American Economic Review” 83, 78-98. {26}Kashyap, Anil. K., Owen. A. Lamont, and Jeremy. C. Stein(1994) “Credit conditions and the cyclical behavior of inventories” Quarterly Journal of Economics 109, 565-592. {27}Leland, H. and D. Pyle(1977)“Information Asymmetries, Financial Structure, and Financial Intermediation,” Journal of Finance, 32, 371-387.
{28} Lev, B., Sougiannis, T.(1999) “Penetrating the Book-to-Market Black Box:The R&D Effect” Journal of Business Finance and Accounting,419-449 {29}Liew, Jimmy, and Maria Vassalou(2000) “Can book-to-market, size, and momentum be risk factors that predict economic growth?”Journal of Financial Economics 57, 221-245. {30}Lago Raquel (2004)“Estimating business cycle effects on default probabilities and ratings migrations” Tesina CEMFI No. 0402 , February {31}Merton, Robert C., 1973. An intertemporal capital asset pricing model,Econometrica 41, 867-887. {32} Mark Gertler, Simon Gilchrist(1994) “Monetary policy, business cycles, and the behavior of small manufacturing firms.” Quarterly Journal of Economics,VOL 109,Issue2,309-340. {33} Michael S. O’Doherty ,Henry B(2010) “Revisiting the Relation between Distress Risk and Stock Returns”, University of Missouri at Columbia - Department of Finance. {34}Ramakrishnan, R. and A. Thakor (1984)“Information Reliability and A Theory of Financial Intermediation,” Review of Economic Studies, 51, 415-432. {35} Rosenberg B, Reid K and Lanstein R. (1985). “Persuasive evidence of market inefficiency” Journal of Portfolio Management 11:9-17 (36) Sanjoy, Basu(1983) “The Relationships Between Earnings’ yield, Market Value and Rrturn for NYSE Common Stocks” Journal of Financial Economics 12 (1983) 129-156.
{37} Stattman D. (1980) “Book values and stock returns” The Chicago MBA: A Journal of Selected Papers, 4:25-45. {38} Tobin, J.(1969) “A general equilibrium approach to monetary theory” Journal of Money, Banking, and Credit, 1, 15-29. {39} Tobin, J. (1978) “Monetary policy and the economy: The transmission mechanism” Southern Economic Journal, 44, 421- 431. {40}張明峰(1991),「股權結構對公司績效影響之研究。國立政治大學企業管理系碩士論文」。 {41}陳啟運(1996 )。「不同景氣循環下,信用及時間風險溢酬差異之實證研 究-兼論動態避險策略之選取」。碩士論文,政治大學國際貿易研究所。 {42}陳錦村(1998 )。「競爭、往來關係與銀行授信行為之研究」。Journal of Financial Studies 5 (3)。 {43}雷雅淇(2000),「公司規模、股價、益本比、淨價市值比 與股票超常報酬關係之實證研究」,國立中央大學企業管理研究所碩士論文 {44}陳家彬,賴怡洵(2001),「台灣地區銀行放款有無擔保之決定因素:Logit模型之實證分析」,管理評論,第20卷第1期,129-159。 {45}葉銀華,李存修,柯承恩(2002),「公司治理與評等系統」(第一版),商智文化事業股份有限公司。 {46}張大成,薛人瑞,黄建隆(2003),「財務危機模型之變數選取研究,貨幣觀測與信用評等」,39,96-105。 {47}王健安,沈中華(2003),「資訊不對稱環境下,公司投資與銀行融資限制關係之研究」,管理學報,20:4,721-748。 {48}鄭燕茹(2004),「盈餘、股利與股票預期報酬之橫斷面分析」,國立中央大學企業管理研究所碩士論文。 {49}王漢民,曹秀惠(2006) 「企業選擇負債融資工具影響因素之探討」經濟與管理論叢(Journal of Economics and Management), Vol.2, No.1, 53-70 。 {50}王素彎,陳慶光(2007),「臺灣中小企業資本結構影響因素之研究」,中小企業發展季刊,6期,1-21。 {51}汪進揚,謝安宇(2008)「如何看待市值與淨值的差距? 」第十二屆科技整合管理研討會,591-611。 {52}馮立功(2009),「貨幣政策傳遞之信用管道﹣來自臺灣股市證據」,第十屆全國實證經濟學論文研討會。 {53}陳采蓁,胡均立(2013)「金融機構對台灣中小企業融資之趨勢分析」中小企業發展季刊,29期,179-214。 |