Reference: | Brealey, R. A., and S. C. Myers, 2002, Principles of Corporate Finance, 7th edition (Boston:McGraw-Hill/Irwin) Butsic, R. P., 1994, Solvency Measurement for Property-Liability Risk Based Capital Application, Journal of Risk and Insurance, 61(4):656-690 Cummins, J. David, 2000, Allocation of Capital in the Insurance Industry, Risk Management and Insurance Review 3(1): 7-28. Cummins, J. David, and Phillips Richard D., 2005, Estimating the Cost of Equity Capital for Property-Liability Insurers, Journal of Risk and Insurance, 72(3):441-478 Fama, E. F., and K. R. French, 1992, The Cross-Section of Expected Stock Returns, Journal of Finance, 47:427-465. Fama, E. F., and K. R. French, 1993, Common Risk Factors in the Returns on Stocks and Bonds, Journal of Financial Economics, 39:3-56. Fama, E. F., and K. R. French, 1993, Industry Costs of Equity, Journal of Financial Economics, 43:153-193. Graham, J. R., and C. R. Harvey, 2001, The Theory and Practice of Corporate Finance: Evidence From the Field, Journal of Financial Economics, 60:187-243. Margrabe, W. 1978, The Value of an Option to Exchange One Asset for Another. Journal of Finance 33(1): 177-86 Merton, R. C., and A. F. Perold, 1993, Theory of Risk Capital in Financial Firms. Journal of Applied Corporate Finance 6:16-32 Myers, S. C., and J. A. Read, JR. 2001. Capital Allocation for Insurance Companies. Journal of Risk and Insurance 68(4): 545-80 Phillips, R. D., J. D. Cummins, and F. Allen. 1998. Financial Pricing of Insurance in the Multiple-Line Insurance Company. Journal of Risk and Insurance 65(4): 597-636. Sherris, M. 2003. Equilibrium Insurance Pricing, Market Value of Liabilities and Optimal Capitalization. Proceedings of the 13th AFIR International Colloquium, Maastricht, Netherlands, Vol. 1, 195-220, and UNSW Actuarial Studies Working Paper. www.actuary.unsw.edu.au. Sherris M., and John van der Hoek. 2006. Capital Allocation in Insurance: Economic Capital and the Allocation of the Default Option Value. North American Actuarial Journal 10(2): 39-61. 彭金隆,(民93),金融控股公司-法制監理與經營策略,智勝文化 鄭潔瑛,(民95),金融控股公司資本配置之實證分析,政治大學風險管理與保險學研究所碩士論文 林天中,(1997),「台灣股票市場三因子,系統風除公司規模及淨值市價比實證研究」,國立清華大學經濟學系未出版之碩士論文。 李銘仁,(1996),「多空時期下公司本益比淨值市價比與股票報酬率間關係之研究」,國立成功大學企業管理學系未出版之碩士論文。 張慧玲,(1998),「台灣股市規模效果與股票報酬關係之實證研究」,淡江大學財務金融學系未出版之碩士論文。 蕭雅尤,(2000),「風除與預期報酬之橫斷面分析-台灣股市之實證研究」,義守大學管理科學研究所出版之碩士論文。 雷雅淇,(2000),「公司規模、股價、益本比、淨值市價比與股票超常報酬關係之實證研究」,國立中央大學企業管 |