| Reference: | 參考文獻
一、英文部分
Barclay, M. J. (l987) "Dividends, Taxes, and Common Stock Prices: the Ex-Dividend Day Behavior of Common stock Prices Before the Income Tax," Journal of Financial Economics 19, 31-44.
Booth, L. D. and Johnston, D. J. (l984) "The Ex-Dividend Day Behavior of Canadian stock Prices: Tax Changes and Clientele Effects," Journal of Finance 39,457-476.
Brennan, M. J ., (l970) "Taxes, Market Valuation and Corporation Financial Policy," National Tax Journal 23,417-427.
Brown, S. J. and Warner, J. B. (1980) "Measuring Security Price Performance," Journal of Financial Economics 8, 205-258.
Brown, S. J. and Warner, J. B. (1985) "Using Daily stock Returns: the Case of Event Studies," Journal of Financial Economics 14, 3-31.
Campell, J. A. and Beranek, W. (1955) "Stock Price Behavior on Ex-Dividend Dates," Journal of Fianace 10, 425-429.
Copeland , T . E, and Weston , J. F. ( 1982): Financial Theory and Corporate Policy. Second ed., Addison -Wesley, Reading, Massachusetts.
Durand, D. and May, A. M. (1960) "The Ex-Dividend Behavio of American Telephone and Telegraph stock," Journal of Finance 15, 19-31.
Eades, K. M., Hess, P. J. and Kim, E. H. (1984) "On Inter -preting Security Return During the Ex-Dividend Period," Journal of Financial Economics 13, 3-34 .
Elton, E. J. and Gruber, M. J. (1970) "Marginal Stockholde Tax Rates and Clientele Effect," Review of Economics and Statistics 52, 68-74.
Elton, E. J., Gruber, M. J. and Rentzler J. (1984) " The Ex-Dividend Day Behavior of Stock Prices; A Re-examination of the Clientele Effect: A Comment,"Journal of Finance 39, 551-556.
Gordon, R. H. and Bradford, D. F. (1980) "Taxation and the Stock Market Valuation of Capital Gains and Dividends: Theory and Empirical Results," Journal of Public Economics 14, 109-136.
Grinblatt, M. S., Masulis, R. W. and Titman, S. (1984)"The Valuation Effects of Stock Splits and Stock Dividends," Journal of Financial Economics 13,461-490.
Heath, D. C. and Jarrow, R. A. (1988) "Ex-Dividend Stock Price Behavior and Arbitrage Opportunities,"Journal of Business 61, 95-108.
Hess, P. J. (1982) "The Ex-Dividend Day Behavior of Stock Returns: Further Evidence on Tax Effects," Journal of Finance 37, 445-456.
Kalay, A. (1982) "The Ex-Dividend Day Behavior of Stock Prices: A Re-examination of the Clientele Effect,"Journal of Finance 37, 1059-1070.
Kalay, A. (1984) "The Ex-Dividend Day Behavior of Stock Prices; A Re-Examination of the Clientele Effect:A Reply," Journal of Finance 39, 557-561.
Karpoff, J. M. and Walkling, R. F. (1988) "Short-term Trading Around Ex-Dividend Days: Additional Evidence" Journal of Financial Economics 21, 291-298.
Keim, D. B. (1986) "The CAPM and Equity Return Regulariti," Financial Ana1ysis Journal, May-June, 19-34 .
Kenkel, J. L. (1981): Introductory statistics for Management and Economics. Prindle, Weber & Schmidt,Boston, Massachusetts.
Litzenberger, R. H. and Ramaswamy K (1980) "Dividends,Short Selling Restrictions, Tax-induced Investor Clienteles and Market Equilibrium," Journal of Finance 35, 469-482.
Lakonishok, J. and Vermaelen, T. (1983) "Tax Reform and Ex-Dividend Day Behavior, " Journal of Finance 38,1157-1179.
Lakonishok, J. and Vermaelen, T . ( 1986) " Tax- induced Trading Around Ex-Dividend Days," Journal of Financi Economics 16, 287-319.
Lewellen, W. G. Stanley, K. L., Lease, R. C. and Schlarbau G. G. (1978) "Some Direct Evidence on the Dividend Clientele Phenomenon," Journal of Finance 33,1385-1399.
Litzenberger, R. and Ramaswamy, K. (1980) "Dividend,Short Selling Restrictions, Tax-induced Invester Clienteles and Market Equilibrium," Journal of Finance 35, 469-482.
Miller, M. and Modigliani, F. (1961) "Dividend Policy,Growth and the Valuation of Shares," Journal of Business 34, 411-433.
Miller, M. and Sholes, M. (1978) "Dividends and Taxes,"Journal of Financial Economics 6, 333-364.
Miller, M. and Sholes, M. (1982) "Dividends and Taxes:Some Empirical Evidence," Journal of Political Economy 90, 1118-1141.
Poterba, J. M. and Summers, L. H. (1984) "New Evidence That Taxes Affect the Valuation of Dividends,"Journal of Finance 39, 1397-1415.
Sartoris, W. L. And Moore W. T. (1988) "On the Existence of a Dividend Clientele in the Market for Electric utility Stocks," Quarterly Review of Economics and Business 28, 88-100.
Van Horne, J. C. (1986): Financial Management and Policy.Seventh ed., Prentice-Hall, Englewood Cliffs, New Jersey.
二、中文部分
林炯垚 (民78): 資本資產評價模式與股東權益報酬，人文社會科學論文籍，頁693-715。
林煜宗 (民74): 現代投資學－制度、理論與實證，第三版，三民書局。
沈筱玲 (民76): 除息日股價變動現象及原因之研究，六國出版社。
陳文燦 (民76) "利率變動對股價之影響"，政治大學企業管理研究所未出版碩士論文。
陳隆麒 (民77): 現代財務管理，第四版，華泰書局。
楊世芳 (民77) "除息(權)日之股價行為－臺灣股票市場之實證研究"，工業技術學院工程技術研究所未出版碩士論文。
顏月珠 (民72): 商用統計學，三民書局。
顏慶幸，劉春堂，康炎村 (民76): 賦稅參照法令解釋全書，五南圖書出版公司。 |
