Reference: | 中文部分 張介銘(2004),「持續性高現金儲備政策對公司長期營運績效與長期股價之影響」,國立成功大學企業管理學系博士論文。 劉金鳳、蘇育玲與黃國志(2008) 「以資本資產訂價模式分析海運業資金成本與風險之關係」,中華管理評論國際學報,11-1,1-21。 胡偉哲(2012),「為什麼台灣公司的現金比率逐年增加? 」,國立中央大學財務金融研究所碩士論文。 潘為萃(2013),「台灣股票報酬和現金持有的關聯性」,國立中正大學財務金融研究所碩士論文。 陳玉慧(2013),「權益資金成本之估計-橫斷面資料的應用」,國立政治大學國際經營與貿易研究所碩士論文。 賴孜玟(2013)「初次上市(櫃)公司於興櫃市場期間股權結構及現金持有率對未來公司績效之研究」,國立成功大學高階管理專班碩士論文。
英文部分 Barnea, A., Haugen, R. A., & Senbet, L. W. (1981). "Market imperfections, agency problems, and capital structure: a review." Financial Management: 7-22. Berle, A. A., & Means, G. G. C (1991). The Modern Corporation and Private Property, Transaction Publishers. Black, B. S. (1998). "Shareholder Activism and Corporate Goverance in the United States." The Nes Palgrave Dictionary of Economics and the Law 3: 459-465. Carhart, M. M. (1997). On persistence in mutual fund performance. The Journal of finance, 52(1), 57-82. Dittmar, A., Mahrt-Smith, J., & Servaes, H. (2003). "International corporate governance and corporate cash holdings." Journal of Financial and Quantitative analysis 38(01): 111-133. Elton, E. J. (1999). "Presidential address: expected return, realized return, and asset pricing tests." The Journal of Finance 54(4): 1199-1220. Fama, E. F., & French, K. R. (1997). "Industry costs of equity." Journal of Financial Economics 43(2): 153-193. Faulkender, M., & Wang, R. (2006). Corporate financial policy and the value of cash. The Journal of Finance, 61(4), 1957-1990. Gebhardt, W. R., Lee, C., & Swaminathan, B. (2001). "Toward an implied cost of capital." Journal of accounting research 39(1): 135-176. Gertner, R., & Scharfstein, D. (1991). "A theory of workouts and the effects of reorganization law." The Journal of Finance 46(4): 1189-1222. Harford, J., Mansi, S. A., & Maxwell, W. F. (2008). "Corporate governance and firm cash holdings in the US." Journal of Financial Economics 87(3): 535-555. Hou, K., Van Dijk, M. A., & Zhang, Y. (2012). "The implied cost of capital: A new approach." Journal of Accounting and Economics 53(3): 504-526. Jensen, M., & Scholes, M. (1972). The capital asset pricing model: Some empirical tests, Praeger Publishers Inc. Jensen, M. C., & Meckling, W. H. (1976). "Theory of the firm: Managerial behavior, agency costs and ownership structure." Journal of Financial Economics 3(4): 305-360. Jensen, M. C. (1986). "Agency costs of free cash flow, corporate finance, and takeovers." 323-329. Myers, S. C., & Majluf, N. S. (1984). "Corporate financing and investment decisions when firms have information that investors do not have." Journal of financial economics 29(1): 1-25. Opler, T., Pinkowitz, L., Stulz, R., & Williamson, R. (1999). "The determinants and implications of corporate cash holdings." Journal of Financial Economics 52(1): 3-46. Palazzo, B. (2012). "Cash holdings, risk, and expected returns." Journal of Financial Economics 104: 162-185. Ross, S. A., Kim, W. C., Mauborgne, R. A., & Nanda, A. (1990). Fundamental of Corporate Finance McGraw-Hill. Sodjahin, W. R. (2013). "Change in Cash-Holding Policies and Stock Return Predictability in the Cross Section." Financial Analysts Journal 69(1): 53-70. Wu, J. G., & Zhang, L. (2010). Do Anomalies Exist Ex Ante?, National Bureau of Economic Research. |