DSpace collection: 會議論文

歐盟永續供應鏈「尊嚴工作」之新趨勢

Tue, 16 Dec 2025 04:07:18 GMT

title: 歐盟永續供應鏈「尊嚴工作」之新趨勢

Impact of Unpleasant Events on the Dynamics of San Francisco’s Housing Market

Wed, 01 Oct 2025 04:06:35 GMT

title: Impact of Unpleasant Events on the Dynamics of San Francisco’s Housing Market

The Relationship between Green Bond Issuance and Corporate Performance

Tue, 23 Sep 2025 04:08:30 GMT

title: The Relationship between Green Bond Issuance and Corporate Performance abstract: In recent years, there has been an increasing focus on sustainable development within society. To achieve the sustainability goals set by governments, companies require equipment and capital that differ from their regular operational needs. Green bonds, as a sustainable financial instrument, serve as a crucial funding channel for enterprises. This study uses annual data from Chinese A-share listed companies spanning 11 years, from the beginning of 2012 to the end of 2022, as the sample. The EIV model is employed to estimate the relationship between the company's market performance, financial performance, and various variables. The empirical results show that the expected value of ESG performance, company size, financial leverage, market-to-book ratio, the period during the COVID-19 pandemic, issuance of green bonds, and interaction effect variables related to green bond issuance all have significant impacts on both return on assets and stock price returns. Additionally, if the results of the variables differ greatly under different model estimations, the estimated coefficients and standard errors of the high-order moment method using the EIV model will be smaller than those of the low-order moment method. This indicates that the higher-order moment method has better explanatory power, and its estimates are more accurate and efficient.

The Bidirectional Relationship Between ESG Ratings and Financial Performance

Wed, 18 Jun 2025 04:06:17 GMT

title: The Bidirectional Relationship Between ESG Ratings and Financial Performance

Relationship between Inflation and Macroeconomics Base on Endogeneity : A Panel　GMM and LSDV Approach

Mon, 02 Dec 2024 04:05:44 GMT

title: Relationship between Inflation and Macroeconomics Base on Endogeneity : A Panel　GMM and LSDV Approach

Studying the production efficiencies of Taiwan's public accounting firms under the framework of two-stage models

Thu, 08 Aug 2024 04:06:37 GMT

title: Studying the production efficiencies of Taiwan's public accounting firms under the framework of two-stage models

Can Diversified Information Disclosures constrain Earnings Management Activities in Taiwanese SMEsent Strategies

Thu, 08 Aug 2024 04:06:33 GMT

title: Can Diversified Information Disclosures constrain Earnings Management Activities in Taiwanese SMEsent Strategies

Analysis on Diversified Information Disclosures and Earnings Management Strategies

Thu, 08 Aug 2024 04:06:29 GMT

title: Analysis on Diversified Information Disclosures and Earnings Management Strategies

空運旅客市區預辦登機系統之需求與推廣策略分析

Fri, 15 Mar 2024 04:07:56 GMT

title: 空運旅客市區預辦登機系統之需求與推廣策略分析

智慧機場之旅客設施需求分析—以桃園機場停車場導入自駕車接駁為例

Fri, 15 Mar 2024 04:07:54 GMT

title: 智慧機場之旅客設施需求分析—以桃園機場停車場導入自駕車接駁為例

空運旅客對虛擬聯程服務之需求分析

Fri, 15 Mar 2024 04:07:52 GMT

title: 空運旅客對虛擬聯程服務之需求分析

航空旅客之碳補償計畫抵換偏好及願支付價格—以機上服務項目為例

Fri, 15 Mar 2024 04:07:49 GMT

title: 航空旅客之碳補償計畫抵換偏好及願支付價格—以機上服務項目為例

由旅客特性探討航空公司之減碳政策—以托運行李與機餐為例

Fri, 15 Mar 2024 04:07:47 GMT

title: 由旅客特性探討航空公司之減碳政策—以托運行李與機餐為例

航空公司進入市場之福利分析--營運特性對旅運者福利變化影響

Fri, 15 Mar 2024 04:07:45 GMT

title: 航空公司進入市場之福利分析--營運特性對旅運者福利變化影響

旅客等候登機偏好之研究—虛擬排隊服務之推廣策略

Fri, 15 Mar 2024 04:07:42 GMT

title: 旅客等候登機偏好之研究—虛擬排隊服務之推廣策略

航空公司航網型態對班表緩衝之影響分析

Fri, 15 Mar 2024 04:07:40 GMT

title: 航空公司航網型態對班表緩衝之影響分析

結合目的地、航線、航空公司選擇之軸輻路網空運旅次需求模式

Fri, 15 Mar 2024 04:07:37 GMT

title: 結合目的地、航線、航空公司選擇之軸輻路網空運旅次需求模式

臺鐵旅運者之服務水準選擇與願支付價格研究

Fri, 15 Mar 2024 04:07:35 GMT

title: 臺鐵旅運者之服務水準選擇與願支付價格研究 abstract: 臺鐵近年積極提升列車服務水準，先後引進太魯閣及普悠瑪號，大多投入東部線營運以解決花東旅運問題。東部線尖峰時間本就一票難求，又因車種簡化政策將不同服務水準列車訂定相同票價，致使有限資源之配置遭到扭曲，讓問題更加嚴重。依據服務水準與旅運者願支付價格定價，為改善資源配置效率之良方，惟現有研究於此著墨甚少。故本研究採用敘述性偏好方法進行問卷調查，建構多項及潛在類別羅吉特模式以分析旅運者對列車服務屬性之偏好及其異質性，用以估計旅運者對服務屬性之願支付價格，並推估旅客對普悠瑪號、太魯閣號與自強號的願支付價差；另外亦以條件評估法估計三種列車之願支付價格，以期探究方法論之差異。羅吉特模式結果均顯示可退票、可換票為旅客重要考量因素，且長程旅客較短程、中程旅客在意旅行時間。潛在類別羅吉特模式以年齡、所得、商務旅次為分類變數，結果顯示年齡為18歲至24歲或65歲以上、所得較低且非商務旅次之旅客較在意金錢相關變數，而年齡介於25至64歲、所得較高且商務旅次之旅客較在意時間相關變數。三界二分選擇模式所得願支付價格之標準差較雙界二分選擇模式者小，增加詢價次數在願付價格之估計上更具效率。經三種模式校估結果顯示透過旅客對方案屬性間之取捨，進而做出偏好選擇的離散機率選擇模式所得到的列車願付價差差異較大。利用本研究成果將三車種與其服務屬性進行方案組合，例如搭配不同之旅行時間、退換票機制以設計差別票價，可供臺鐵未來調整訂價策略、優化營收管理之參考依據。

航空公司合併之旅運者福利分析—配對方法與市場特性對福利之影響

Fri, 15 Mar 2024 04:07:33 GMT

title: 航空公司合併之旅運者福利分析—配對方法與市場特性對福利之影響

汽車檢驗員與汽車駕駛考驗員研習班成效之研究-成績與及格率差異分析

Fri, 15 Mar 2024 04:07:30 GMT

title: 汽車檢驗員與汽車駕駛考驗員研習班成效之研究-成績與及格率差異分析

國人海外旅運保險之選擇分析-以航空不便險為例

Fri, 15 Mar 2024 04:07:28 GMT

title: 國人海外旅運保險之選擇分析-以航空不便險為例

罷工事件對旅客選擇航空公司影響分析-以臺灣旅客為例

Fri, 15 Mar 2024 04:07:25 GMT

title: 罷工事件對旅客選擇航空公司影響分析-以臺灣旅客為例

機場跑道維修因應策略與航班延誤之效益分析：以桃園機場為例

Fri, 15 Mar 2024 04:07:23 GMT

title: 機場跑道維修因應策略與航班延誤之效益分析：以桃園機場為例

航空公司服務水準影響因素分析—以旅客抱怨為例

Fri, 15 Mar 2024 04:07:21 GMT

title: 航空公司服務水準影響因素分析—以旅客抱怨為例

航空公司服務評鑑指標分析與設計—以準點率與執行率為例

Fri, 15 Mar 2024 04:07:18 GMT

title: 航空公司服務評鑑指標分析與設計—以準點率與執行率為例

機場導入單一識別科技之旅運者需求分析—以桃園國際機場為例

Fri, 15 Mar 2024 04:07:16 GMT

title: 機場導入單一識別科技之旅運者需求分析—以桃園國際機場為例

班表緩衝之旅運者福利研究—不同時空之福利變化分析

Fri, 15 Mar 2024 04:07:13 GMT

title: 班表緩衝之旅運者福利研究—不同時空之福利變化分析

Effects of catering and herding behavior in capital expenditure and its causality : Evidence from an emerging market

Tue, 08 Aug 2023 04:06:22 GMT

title: Effects of catering and herding behavior in capital expenditure and its causality : Evidence from an emerging market

Cryptocurrency Return Dependency and Economic Policy Uncertainty

Tue, 08 Aug 2023 04:06:19 GMT

title: Cryptocurrency Return Dependency and Economic Policy Uncertainty abstract: This study investigated whether economic policy uncertainty (EPU) affects the degree of Bitcoin return dependency in the cryptocurrency (crypto) market by calculating the Pearson correlation between Bitcoin returns and the average returns of 19 cryptocurrencies to determine the return dependency. First, we found that an increase in global EPU strengthens the dependency effect. Among the country-level EPU indexes, we found that the increased EPU of crypto-friendly countries (United States, United Kingdom, Japan, and South Korea) is the main enhancer of dependency. By contrast, the EPU index of crypto-unfriendly countries (China and Russia) exhibits a statistically nonsignificant effect. Finally, the empirical results remain similar if we replace Bitcoin with Ethereum to measure dependency.

Catering to shareholders to explain the capital expenditure herding phenomenon

Mon, 07 Aug 2023 04:05:47 GMT

title: Catering to shareholders to explain the capital expenditure herding phenomenon

The Impact of Inflation and Interest Rate Cycle on the Bond Market

Tue, 16 May 2023 04:11:49 GMT

title: The Impact of Inflation and Interest Rate Cycle on the Bond Market

Revisiting the Disposition Effect in the Real Estate Market: New Evidence from Taiwan

Fri, 28 Apr 2023 11:06:46 GMT

title: Revisiting the Disposition Effect in the Real Estate Market: New Evidence from Taiwan

台指週選擇權交易策略績效之分析

Fri, 28 Apr 2023 11:06:43 GMT

title: 台指週選擇權交易策略績效之分析 abstract: 隨著俄烏戰爭、疫情不休；糧食危機、通膨升息來襲，打亂全球經濟步調，在市場動盪及不確定性下，推升避險及交易需求，全球期貨市場交易量持續上升，已連續4年創下新高，2022上半年全球總交易量達383億口，相較於去年同期成長32.61%，更突顯期貨和期權等衍生性金融商品「避險增益」的特性需求。臺灣期貨交易所與工商時報共同舉辦【2022 New Futures 期貨學術與實務交流研討會】聚焦產、官、學多方觀點，探討全球經濟變局下，如何推動衍生性商品的創新&國際化，布建多元交易及避險管道，幫助資產配置與風險控管，迎戰大通膨時代。

The Effects between Taiwan's EPU and Macroeconomic Indicators

Fri, 28 Apr 2023 11:06:40 GMT

title: The Effects between Taiwan's EPU and Macroeconomic Indicators

The Influence of Economic Policy Uncertainty on IPO Underpricing: Evidence from China

Fri, 28 Apr 2023 11:06:37 GMT

title: The Influence of Economic Policy Uncertainty on IPO Underpricing: Evidence from China

避險、套利以及盤後交易對台指期持有報酬率之影響

Fri, 28 Apr 2023 11:06:34 GMT

title: 避險、套利以及盤後交易對台指期持有報酬率之影響

The ESG washing in banks: Evidence from the syndicated loan market

Fri, 28 Apr 2023 11:06:31 GMT

title: The ESG washing in banks: Evidence from the syndicated loan market abstract: We investigate whether banks practice environmental, social, and governance (ESG) washing in their lending decisions and how the market reacts to it. That is, do banks with worse ESG performance intentionally lend to firms with better ESG performance to improve their ESG reputations? Banks with worse ESG performance offer significantly lower loan spreads, longer loan maturities, fewer general covenants, and fewer collaterals to firms with better ESG performance. More importantly, the stock market generally reacts favorably to banks that make these kinds of deals that could explain why banks engage in ESG washing. We also find that the effects of ESG washing are significantly stronger for borrowers from high polluting industries and in the post-Kyoto Protocol period. These results support the idea that the banks with worse ESG performance divert the market's attention away from their ESG washing of their lending that thus, improves their ESG reputations.

Capital: Sources of pre- and post-crisis performance and risk-taking

Fri, 28 Apr 2023 11:06:28 GMT

title: Capital: Sources of pre- and post-crisis performance and risk-taking abstract: Bank capital has been an important factor in protecting banks from large, unexpected negative shocks. As the 2008 financial crisis showed, some banks with a high capital adequacy ratio perform worse during a crisis, and thus Basel III has added the leverage ratio as a supplementary measurement. This study is the first to combine the two capital ratios to examine how the capital of banks in general affects their performance during the shock of a financial crisis, hence filling the gap in the literature on either CAR or LR, and verifying the effectiveness of the concept of Basel III. We classify banks into two types, weak-capital banks and strong-capital banks, and then compare their performance during the pre-crisis and crisis periods (2004-2009). Using 3,884 listed and non-listed banks across 34 OECD countries for the pre-crisis and crisis periods (2004-2009), we find during the crisis that weak-capital banks suffer more losses in terms of low ROE, ROA, non-interest income, and stock returns, and have higher risks in terms of insolvency and ROA volatility than do strong-capital banks. However, during the pre-crisis period, the former outperforms the latter and still exhibits higher risk. We argue that the different capital conditions may imply the excessive risk taking and different risk attitudes, thereby causing diverse results during the pre-crisis and crisis periods and implying the validity of regulation of the dual capital ratios.

Effect of liquidity creation on capital: Capital states may matter

Fri, 28 Apr 2023 11:06:25 GMT

title: Effect of liquidity creation on capital: Capital states may matter abstract: Capital and liquidity are critical factors for the soundness of banks; thus, they are regulated in Basel III and their relationship has been discussed in literature. But the extant studies do not obtain the expected results in the link from liquidity creation to capital. This study argues that different capital states affect the effect of liquidity creation on capital. We combine capital adequacy ratio (CAR) and leverage ratio (LR) to define a sufficient-capital bank when it is well-capitalized in both capital ratios, and define two types of deficient-capital banks when they are not well-capitalized in either CAR or LR. We propose illiquidity risk effect and buffer cost effect. We find a negative relationship in sufficient-capital banks that the banks decrease their capital after conducting excessive liquidity creation, which support the buffer cost effect, but a positive relationship in deficient-capital banks that the banks increase their capital after conducting excessive liquidity creation, supporting the illiquidity risk effect. We further investigate the components in the changes of capital ratios and find that sufficient-capital banks raise Tier 1 capital, whereas deficient-capital banks raise Tier 2 capital. Our study confirms that capital states play an important role in the relationship between liquidity creation and capital.

The Effects between Taiwan’s EPU and Macroeconomic Indicators

Fri, 28 Apr 2023 11:06:22 GMT

title: The Effects between Taiwan’s EPU and Macroeconomic Indicators