Title

The Effects of Fluctuations in the Global Price of Crude Oil on the Taiwan Stock Exchange: An Analysis of Taiwan Stock Exchange Top 20 Most Actively Traded Securities

Translated Titles

The Effects of Fluctuations in the Global Price of Crude Oil on the Taiwan Stock Exchange: An Analysis of Taiwan Stock Exchange Top 20 Most Actively Traded Securities

DOI

10.6841/NTUT.2014.00311

Authors

李喬治

Key Words

Crude oil price ; Taiwan ; Stock Market Performance ; Linear Regression ; Crude oil price ; Taiwan ; Stock Market Performance ; Linear Regression

PublicationName

臺北科技大學管理國際學生碩士專班 (IMBA)學位論文

Volume or Term/Year and Month of Publication

2014年

Academic Degree Category

碩士

Advisor

林鳳儀

Content Language

英文

Chinese Abstract

The relationship between crude oil price fluctuations and the performance of stock market has been analyzed in various literatures, with different relationship (positive, negative, no relationship). However, a wide number of literatures published have not treated other factors that may affect the stock market performance as a result of changes in the oil price. This paper aims to examine whether fluctuations in the global price of crude oil affects the performance of the Taiwan Stock Exchange in terms of value to investors, trade volume, stock prices, and investor behavior. This study will also analyze the specific case of the Republic of China (Taiwan) as a net oil importer, considerably changing the perspective of the analysis. In addition, Taiwan is a country whose Gross Economic Product relies heavily on exports specifically in the high technology industries, and a more thorough analysis of these factors is found in this research.

English Abstract

The relationship between crude oil price fluctuations and the performance of stock market has been analyzed in various literatures, with different relationship (positive, negative, no relationship). However, a wide number of literatures published have not treated other factors that may affect the stock market performance as a result of changes in the oil price. This paper aims to examine whether fluctuations in the global price of crude oil affects the performance of the Taiwan Stock Exchange in terms of value to investors, trade volume, stock prices, and investor behavior. This study will also analyze the specific case of the Republic of China (Taiwan) as a net oil importer, considerably changing the perspective of the analysis. In addition, Taiwan is a country whose Gross Economic Product relies heavily on exports specifically in the high technology industries, and a more thorough analysis of these factors is found in this research.

Topic Category 管理學院 > 管理國際學生碩士專班 (IMBA)
社會科學 > 管理學
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