臺灣股市可轉換特別股一月效應之研究

The January Effect of Convertible Preferred Stocks on Taiwan Stock Market

樓雍儀(Yung-I Lou) ； 董燕婷(Yen-Ting Dong)

《中華管理學報》 4卷2期 (2003/07) Pp. 77-91

https://doi.org/10.30053/CHJM.200307.0005

摘要

系統思考目前已提供多種觀點並廣泛運用於組織分析上。這篇文章主要在檢定這些系統觀點運用於人力資源管理領域的可行性。概觀現代人力資源管理，主在強調「動機」與「領導」是有效管理的兩大因子。以學習基礎動機來強調時，出現了對效率有益但卻對個人無效的道德衝突。傳統的動機方法包含了個人目標的達成，並鼓勵防禦與隱藏。真正的學習與問題解決，應該是來自於開放、可得的資訊、與相對的觀點。正因如此，管理者需要一些可以突破一般思維的方法。這篇研究發現系統方法論可以幫助人力資源管理去創造出一個有效率的、有能力的、有利潤且合乎道德標準的組織。然而為了滿足不同人的興趣，需要依據不同的狀況假設而使用多樣性的方法。批判意識必須實行於團體的領導、動機與相互的影響。對思想的挑戰可以避免學習的阻礙，並可協助決策的制定。這篇研究認為，加入批判思考觀點將給予人力資源管理另一種新的思考方式。

關鍵字

一月效應 ； 異常現象 ； 季節性 ； 可轉換特別股

並列摘要

Systems thinking has been applied to many aspects of organization,and this paper examines the potential for using these ideas in the area ofhuman resource management(HRM).An overview of modern HRM ideas reveals that motivation andleadership are considered important factors for effective management.Learning-based motivation using reinforcment has ethical implicationswhich may appear good for efficiency but not for individuals.Traditionalmotivation methods which involve personal goal fulfilment encouragedefensiveness and cover up.Real learning and real problem solving comefrom openness,valid information,and confronting of.viewpoints.Therefore the manager requires approaches which can challenge theprevailing ideology.This study finds that systems methodologies can help HRM to producean efficient,effective,profitable and ethically fair organization.However,this requires using a variety of systems approaches based on differentparadigmatic assumptions to help the different human interests.Criticalawareness must be brought into group leadership,motivation andinteractions.Challenging of ideas can avoid obstructing learning and canimprove decision making.This research recommends that HRM would beimproved by adopting a critical systemic perspective.

並列關鍵字

January Effect ； Anomaly ； Seasonality ； Convertible Preferred Stock