國立高雄大學圖資館 |

Language: English

Back

聰明投資人是否真正聰明？臺灣共同基金市場實證 = Are smart i...

國立高雄大學金融管理學系碩士班

聰明投資人是否真正聰明？臺灣共同基金市場實證 = Are smart investors really smart？ Empirical evidence in Taiwan.

Record Type:	Language materials, printed : monographic
Paralel Title:	Are smart investors really smart？ Empirical evidence in Taiwan.
Author:	宋恩傑,
Secondary Intellectual Responsibility:	國立高雄大學
Place of Publication:	[高雄市]
Published:	撰者;
Year of Publication:	2015[民104]
Description:	44面圖，表 : 30公分;
Subject:	聰明錢效果
Subject:	Smart Money Effect
Online resource:	http://handle.ncl.edu.tw/11296/ndltd/42687489425938278523
Notes:	104年10月31日公開
Notes:	參考書目：面35-39
Summary:	本研究採用臺灣股票型基金分析臺灣共同基金投資人選擇基金的能力,採用Keswani and Stolin (2008) 衡量聰明錢效果的方法,並考量聰明投資人應集中於績效較佳的群組,將樣本根據績效分群探討,實證結果顯示臺灣共同基金存在聰明錢效果;本研究進一步使用行為財務學的觀點,檢測聰明投資人所選的基金,其基金經理人是否存在處分效果,我們發現聰明投資人所選基金之處分效果相對於非聰明投資人微弱,表示聰明投資人傾向真正擁有選擇基金的能力。 This research analyzes the fund selection ability of Taiwanese mutual fund investors. We use Keswani and Stolin (2008) method to examine the smart money effect and classify the sample by performance due to considering that the smart investors should be found in the top-performing funds. We find that there is smart money effect in Taiwanese mutual fund. Furthermore, we test whether smart investors are really smart by examing the disposition effect of the top-performance mutual funds. The empirical result reveals that the disposition effect of the funds chosen by smart investors is weaker than the funds chosen by non-smart investors, implying that the smart investors may be really smart.

聰明投資人是否真正聰明？臺灣共同基金市場實證 = Are smart investors really smart？ Empirical evidence in Taiwan.
宋, 恩傑

聰明投資人是否真正聰明？臺灣共同基金市場實證 = Are smart investors really smart？ Empirical evidence in Taiwan. / 宋恩傑撰 - [高雄市] : 撰者, 2015[民104]. - 44面 ; 圖，表 ; 30公分.
104年10月31日公開參考書目：面35-39.
聰明錢效果Smart Money Effect

聰明投資人是否真正聰明？臺灣共同基金市場實證 = Are smart investors really smart？ Empirical evidence in Taiwan.
LDR:02432nam0a2200289 450 001 458306
005 20230620155518.0
009 458306
010 0 $b 精裝
010 0 $b 平裝
100 $a 20151007d2015 k y0chiy50 e
101 0 $a chi $d chi $d eng
102 $a tw
105 $a ak am 000yy
200 1 $a 聰明投資人是否真正聰明？臺灣共同基金市場實證 $d Are smart investors really smart？ Empirical evidence in Taiwan. $z eng $f 宋恩傑撰
210 $a [高雄市] $c 撰者 $d 2015[民104]
215 0 $a 44面 $c 圖，表 $d 30公分
300 $a 104年10月31日公開
300 $a 參考書目：面35-39
314 $a 指導教授：楊琬如博士
328 $a 碩士論文--國立高雄大學金融管理學系碩士班
330 $a 本研究採用臺灣股票型基金分析臺灣共同基金投資人選擇基金的能力,採用Keswani and Stolin (2008) 衡量聰明錢效果的方法,並考量聰明投資人應集中於績效較佳的群組,將樣本根據績效分群探討,實證結果顯示臺灣共同基金存在聰明錢效果;本研究進一步使用行為財務學的觀點,檢測聰明投資人所選的基金,其基金經理人是否存在處分效果,我們發現聰明投資人所選基金之處分效果相對於非聰明投資人微弱,表示聰明投資人傾向真正擁有選擇基金的能力。 This research analyzes the fund selection ability of Taiwanese mutual fund investors. We use Keswani and Stolin (2008) method to examine the smart money effect and classify the sample by performance due to considering that the smart investors should be found in the top-performing funds. We find that there is smart money effect in Taiwanese mutual fund. Furthermore, we test whether smart investors are really smart by examing the disposition effect of the top-performance mutual funds. The empirical result reveals that the disposition effect of the funds chosen by smart investors is weaker than the funds chosen by non-smart investors, implying that the smart investors may be really smart.
510 1 $a Are smart investors really smart？ $e Empirical evidence in Taiwan $z eng
610 0 $a 聰明錢效果 $a 基金流量 $a 基金績效 $a 處分效果
610 1 $a Smart Money Effect $a Fund Flow $a Fund Performance $a Disposition Effect
681 $a 008M/0019 $b 343408 3062 $v 2007年版
700 1 $a 宋 $b 恩傑 $4 撰 $3 709554
712 0 2 $a 國立高雄大學 $b 金融管理學系碩士班 $3 354008
801 0 $a tw $b NUK $c 20151016 $g CCR
856 7 $z 電子資源 $2 http $u http://handle.ncl.edu.tw/11296/ndltd/42687489425938278523