{"created":"2023-07-27T07:52:03.983002+00:00","id":27513,"links":{},"metadata":{"_buckets":{"deposit":"753888d2-59f5-4ce0-8330-9c9967d5da3e"},"_deposit":{"created_by":21,"id":"27513","owners":[21],"pid":{"revision_id":0,"type":"depid","value":"27513"},"status":"published"},"_oai":{"id":"oai:doshisha.repo.nii.ac.jp:00027513","sets":["4251:6216:6217:6296:8572","8:1944:2023:8571"]},"author_link":["540","20195"],"item_1693811493084":{"attribute_name":"出版タイプ","attribute_value_mlt":[{"subitem_version_resource":"http://purl.org/coar/version/c_970fb48d4fbd8a85","subitem_version_type":"VoR"}]},"item_1694490770713":{"attribute_name":"権利者情報","attribute_value_mlt":[{"nameIdentifiers":[{"nameIdentifier":"DA03409702","nameIdentifierScheme":"AID"}],"rightHolderNames":[{"rightHolderLanguage":"ja","rightHolderName":"同志社大學經濟學會"},{"rightHolderLanguage":"en","rightHolderName":"The Doshisha Economic Association"}]}]},"item_1_biblio_info_14":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2018-03-20","bibliographicIssueDateType":"Issued"},"bibliographicIssueNumber":"4","bibliographicPageEnd":"639","bibliographicPageStart":"599","bibliographicVolumeNumber":"69","bibliographic_titles":[{"bibliographic_title":"經濟學論叢","bibliographic_titleLang":"ja"},{"bibliographic_title":"Keizaigaku-Ronso (The Doshisha University economic review)","bibliographic_titleLang":"en"}]}]},"item_1_description_12":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"本論文では、2009年1月1日から2010年12月31日までの間、上海・深圳取引所Ａ株株式市場で行われた138件の第三者割当増資の長期株価、業績パフォーマンスを実証分析している。結果、第三者割当増資実施後3年間の株価反応はアウトパフォーマンスが確認された。そして、Tobin'Qの高い企業群は低い企業群に比べ、その株価パフォーマンスが有意に上回っていることが検証された。これは、中国の第三者割当増資に関してover optimism仮説が成立しないことを示している。また、増資公表後から実施前までの期間において、Tobin'Qの高い企業群やプレミアム状態で増資を実施している企業群では有意な正の超過収益率が実証された。これは、短期の正のアナウンスメント効果が過小に評価されていたことを示唆する。さらに、第三者割当増資実施後の業績パフォーマンスに関してはサンプル企業群がコントロール企業群を有意に上回り、業績面におけるアウトパフォーマンスが確認された。これは、株価パフォーマンスが長期的に良いことをファンダメンタルズ面から支持することを示している。","subitem_description_language":"ja","subitem_description_type":"Abstract"},{"subitem_description":"Recently, many firms in China have conducted private placements of offerings at a premium. This paper empirically examines their post-offering long-run performance in China. Our results show that the post-offering performance of private placements is related to growth opportunities and the premium on offering prices. We found that firms with high Tobin's q experience not only strong stock price performance, but also strong operating performance after issue. Moreover, we found significant outperformance in stock returns following the announcement before of issue for firms with high Tobin's q and a premium on the offering prices. We further examined the overoptimism and underreaction hypotheses. Our results are consistent with the view that investors under-react to the announcement of private placements.","subitem_description_language":"en","subitem_description_type":"Abstract"}]},"item_1_description_13":{"attribute_name":"内容記述","attribute_value_mlt":[{"subitem_description":"論説(Article)","subitem_description_language":"ja","subitem_description_type":"Other"}]},"item_1_description_25":{"attribute_name":"フォーマット","attribute_value_mlt":[{"subitem_description":"application/pdf","subitem_description_type":"Other"}]},"item_1_identifier_registration":{"attribute_name":"ID登録","attribute_value_mlt":[{"subitem_identifier_reg_text":"10.14988/00027505","subitem_identifier_reg_type":"JaLC"}]},"item_1_publisher_15":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"同志社大學經濟學會","subitem_publisher_language":"ja"}]},"item_1_publisher_16":{"attribute_name":"出版者（英）","attribute_value_mlt":[{"subitem_publisher":"The Doshisha Economic Association","subitem_publisher_language":"en"}]},"item_1_relation_24":{"attribute_name":"関連サイト","attribute_value_mlt":[{"subitem_relation_name":[{"subitem_relation_name_language":"ja","subitem_relation_name_text":"掲載刊行物所蔵情報へのリンク ／ Link to Contents"}],"subitem_relation_type":"isFormatOf","subitem_relation_type_id":{"subitem_relation_type_id_text":"https://doors.doshisha.ac.jp/opac/opac_link/bibid/SB00957563/?lang=0","subitem_relation_type_select":"URI"}}]},"item_1_source_id_17":{"attribute_name":"ISSN","attribute_value_mlt":[{"subitem_source_identifier":"03873021","subitem_source_identifier_type":"PISSN"}]},"item_1_source_id_19":{"attribute_name":"書誌レコードID","attribute_value_mlt":[{"subitem_source_identifier":"AN00070477","subitem_source_identifier_type":"NCID"}]},"item_1_subject_27":{"attribute_name":"日本十進分類法","attribute_value_mlt":[{"subitem_subject":"338.222","subitem_subject_scheme":"NDC"}]},"item_1_text_8":{"attribute_name":"著者所属","attribute_value_mlt":[{"subitem_text_language":"ja","subitem_text_value":"新関, 三希代 / 同志社大学経済学部教授"},{"subitem_text_language":"ja","subitem_text_value":"兪, 傑 / 同志社大学大学院経済学研究科後期課程"}]},"item_access_right":{"attribute_name":"アクセス権","attribute_value_mlt":[{"subitem_access_right":"open access","subitem_access_right_uri":"http://purl.org/coar/access_right/c_abf2"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"新関, 三希代","creatorNameLang":"ja"},{"creatorName":"ニイゼキ, ミキヨ","creatorNameLang":"ja-Kana"},{"creatorName":"Niizeki, Mikiyo Kii","creatorNameLang":"en"}],"nameIdentifiers":[{},{},{}]},{"creatorNames":[{"creatorName":"兪, 杰","creatorNameLang":"zh-cn"},{"creatorName":"Yu, Jie","creatorNameLang":"en"},{"creatorName":"兪, 傑","creatorNameLang":"ja"},{"creatorName":"ユ, ケツ","creatorNameLang":"ja-Kana"}],"familyNames":[{},{},{},{}],"givenNames":[{},{},{},{}],"nameIdentifiers":[{},{}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_date","date":[{"dateType":"Available","dateValue":"2020-08-28"}],"displaytype":"detail","filename":"034069040004.pdf","filesize":[{"value":"728.0 kB"}],"format":"application/pdf","licensetype":"license_note","mimetype":"application/pdf","url":{"label":"034069040004.pdf","url":"https://doshisha.repo.nii.ac.jp/record/27513/files/034069040004.pdf"},"version_id":"02fb9f36-b1fe-42c2-818a-10d5b86c37dc"}]},"item_keyword":{"attribute_name":"キーワード","attribute_value_mlt":[{"subitem_subject":"第三者割当増資","subitem_subject_language":"ja","subitem_subject_scheme":"Other"},{"subitem_subject":"長期株価パフォーマンス","subitem_subject_language":"ja","subitem_subject_scheme":"Other"},{"subitem_subject":"楽観視","subitem_subject_language":"ja","subitem_subject_scheme":"Other"},{"subitem_subject":"過小反応","subitem_subject_language":"ja","subitem_subject_scheme":"Other"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"jpn"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"departmental bulletin paper","resourceuri":"http://purl.org/coar/resource_type/c_6501"}]},"item_title":"中国第三者割当増資後の長期パフォーマンス","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"中国第三者割当増資後の長期パフォーマンス","subitem_title_language":"ja"},{"subitem_title":"チュウゴク ダイサンシャ ワリアテ ゾウシゴ ノ チョウキ パフォーマンス","subitem_title_language":"ja-Kana"},{"subitem_title":"Long-run performance following private placements of equity in China","subitem_title_language":"en"}]},"item_type_id":"1","owner":"21","path":["8571","8572"],"pubdate":{"attribute_name":"PubDate","attribute_value":"2020-08-28"},"publish_date":"2020-08-28","publish_status":"0","recid":"27513","relation_version_is_last":true,"title":["中国第三者割当増資後の長期パフォーマンス"],"weko_creator_id":"21","weko_shared_id":-1},"updated":"2024-03-15T07:44:59.077154+00:00"}