Volltext-Downloads (blau) und Frontdoor-Views (grau)

The Impact of Cross-Strait Political Events on Taiwan Stock Market- An Event Study

  • The changes between Taiwan and China since 1979 have closer both countries in many aspects. This study seeks for evidence proving the impact of cross-strait political events on Taiwan Stock Market. Major events from 1995 to 2017 are identified and examined with event study using market model and both parametric and non-parametric test. By defining 19 events into two groups- Good news and Bad news, the results present significant abnormal returns on event day [0] or after. This suggests that there is significant impact of cross-strait political events on Taiwan Stock Market. Moreover, due to the limited amount of events, this study can only weakly support that Taiwan Stock Market is semi-strong form.

Export metadata

Additional Services

Search Google Scholar


Author:Chao-Wen Chiu
Advisor:Uwe Hack
Document Type:Bachelor Thesis
Year of Completion:2018
Granting Institution:Hochschule Furtwangen
Release Date:2018/03/01
Tag:Cross-straits relations; Event study; Semi-strong form market efficiency; Taiwan stock market
Degree Program:IBM - International Business Management
Functional area:Finance & Accounting
Licence (German):License LogoUrheberrechtlich gesch├╝tzt