Suchergebnisse

Peng, Handa. ; "August 2011." ; Thesis (M.Phil.)--Chinese University of Hong Kong, 2011. ; Includes bibliographical references (p. 81-83). ; Abstracts in English and Chinese. ; Abstract --- p.1 ; 摘要 --- p.2 ; Acknowledgements --- p.3 ; Introduction --- p.6 ; Chapter Section I --- Literature Review --- p.11 ; Theories on Sovereign Default --- p.11 ; Historical Case Studies on Sovereign Default --- p.15 ; Brief Summary on the Existing Theories and Empirical Cases --- p.16 ; Chapter Section II --- Historical Backgrounds --- p.21 ; Political Instability and Military Expenditures --- p.21 ; Fiscal Status during the rule of the Nanking Government --- p.22 ; Silver Standard and Currency Reform in 1935 --- p.26 ; Chapter Section III --- Sovereign Default and Restructuring Episodes of the Nanking Government --- p.29 ; Data --- p.29 ; Sovereign Debt as a Heritage --- p.30 ; Background Information of the Debts --- p.34 ; The Restructuring Episode --- p.37 ; Market Reactions --- p.42 ; Chapter Section IV --- Capital Market Access and Reputational Theories in the Restructuring Episode --- p.45 ; Access to the International Capital Market --- p.45 ; Relevance of the Traditional Reputational Model --- p.48 ; Signaling Model and Role of Reputation --- p.51 ; Chapter Section V --- Role of Sanctions in the Restructuring Episode --- p.57 ; Analytical Framework of the Sanctions Model --- p.57 ; Three Possible Channels of Direct Sanctions --- p.60 ; Chapter Section VI --- Informational Explanation of the Restructuring Episode --- p.64 ; A Practical Analytical Framework for the Informational Model --- p.64 ; Issue of Credibility and Currency Reform --- p.66 ; The Need for the Settlement of Old Debts --- p.68 ; Outcomes --- p.73 ; Summary --- p.77 ; Conclusion --- p.79 ; References --- p.81 ; Chapter Appendix I --- Basic information on Chinese sovereign bonds traded in the London Stock Exchange --- p.84 ; Chapter Appendix II --- Price of Chinese Sovereign Bonds traded in the London Stock Exchange --- p.86 ; Chapter Appendix III --- ...

Xu Zhi. ; Thesis (M.Phil.)--Chinese University of Hong Kong, 2001. ; Includes bibliographical references (leaves 61-62 (2nd gp.)). ; Abstracts in English and Chinese. ; ABSTRACT --- p.II ; 中文摘要 --- p.V ; ACKNOWLEDGEMENT --- p.XI ; Chapter CHAPTER 1 --- INTRODUCTION --- p.1 ; Chapter CHAPTER 2 --- VALUE OR GROWTH STOCK? --- p.6 ; Chapter 2.1 --- Summary Statistics: Financial Ratios of h Shares --- p.7 ; Chapter 2.1.1 --- Profitability analysis --- p.7 ; Chapter 2.1.2 --- Debt Structure --- p.9 ; Chapter 2.1.3 --- Operational Management --- p.11 ; Chapter 2.2 --- Corporate Identity: Value or Growth Stock? --- p.11 ; Chapter 2.2.1 --- Are H Shares Value Stocks? --- p.12 ; Chapter 2.2.2 --- Are H Shares Growth Stocks? --- p.12 ; Chapter 2.3 --- Summary --- p.13 ; Chapter CHAPTER 3 --- THE METHODOLOGY OF EVENT STUDIES --- p.14 ; Chapter 3.1 --- Brief Outline of an Event Study --- p.15 ; Chapter 3.2 --- Issues on Event Studies --- p.17 ; Chapter 3.2.1 --- Unknown Event Dates --- p.17 ; Chapter 3.2.2 --- Which is the best benchmark model for the normal return? --- p.18 ; Chapter 3.2.3 --- Hypothesis testing and problems with heteroskedasticity and dependence --- p.21 ; Chapter 3.2.4 --- A multivariate regression model (MVRM) employed in the event study --- p.24 ; Chapter 3.2.5 --- Measuring long horizon security price performance --- p.26 ; Chapter 3.2.6 --- Use daily return or monthly return in event study? --- p.27 ; Chapter CHAPTER 4 --- ARE H SHARES WANTED: DEAD OR ALIVE? --- p.28 ; Chapter 4.1 --- Definitions of Events --- p.28 ; Chapter 4.2 --- Sample and Estimation Procedures --- p.30 ; Chapter 4.2.1 --- Sample Selection --- p.30 ; Chapter 4.2.2 --- Estimation Procedures --- p.30 ; Chapter 4.3 --- Empirical Results of Good and Bad Earnings Announcements --- p.31 ; Chapter 4.3.1 --- Short Term Effects on Securities Prices --- p.31 ; Chapter 4.3.2 --- Long Term Post-Earnings-Announcement Drifts --- p.34 ; Chapter 4.3.3 --- Regression Analysis --- p.35 ; Chapter 4.3.3.1 --- REGRESSION RESULTS FOR GOOD EARNINGS ...