رسالة جامعية

國際經濟事件與公司內部因素對臺灣金控公司併購績效之影響 ; The Impact of International Economic Events and Enterprise Internal Factors on M&A Performance in Taiwan's Financial Holding Companies

التفاصيل البيبلوغرافية
العنوان: 國際經濟事件與公司內部因素對臺灣金控公司併購績效之影響 ; The Impact of International Economic Events and Enterprise Internal Factors on M&A Performance in Taiwan's Financial Holding Companies
المؤلفون: 李念庭, Lee, Nien-Ting
المساهمون: 企業管理學系, 康信鴻, Kang, Hsin-Hong
سنة النشر: 2016
مصطلحات موضوعية: 雷曼兄弟, 歐債危機, 經營績效, 併購, Lehman Brothers, European Debt Crisis, Performance, Mergers and Acquisitions, eco, manag
الوصف: 因應時代趨勢,金融控股公司已在台灣成立許久,使得國內金融業的結構產生重大變化,競爭也更趨白熱化,因此公司間的併購履見不鮮,促使政府不得不正視金融併購問題,在其後陸續進行金融改革,進而健全金融機構之相關法規。 本研究主要以2002年至2012年台灣地區有發生併購行為之金控公司為研究對象,研究在這十年當中,包含全球重大經濟事件:雷曼兄弟破產、歐債危機對併購後經營績效的影響。資料來源為上市公司的各年度財務報表、公開資訊觀測站、台灣經濟新報資料庫。 藉由整理先前學者的文獻,本研究挑選了以下變數,在解釋變數方面,選擇公司規模、財務槓桿、董事會規模。在虛擬變數方面,選擇政府持股、雷曼兄弟破產、歐債危機。接著分析這些因素與併購經營績效之關聯性。而實證結果部分,透過迴歸分析,發現財務槓桿、董事會規模、雷曼兄弟破產、歐債危機等四個因素對併購經營績效有顯著的負向影響。 ; As the times change the financial holding companies had been established in Taiwan for a long time which made the structure of the domestic financial industry changed significantly and the competition among the industry become more intense Therefore many company decided to merge It prompted the government to face the problem of financial M&A Government reformed the financial industry and improved relevant laws and regulations of finance This study will take the holding companies which have conducted M&A in Taiwan from 2002 to 2012 as research targets and explored the major economic events around the world such as the Lehman Brothers bankruptcy and the effect of the debt crisis on the operating performance after M&A in these ten years The resources will be collected from annual financial statements of listed companies MOPS and the TEJ Database By reviewing previous research this study selects the following variables For independent variables this study adopts Company Size Leverage and Board of Directors For dummy variables this study sets Government Ownership Bankruptcy of Lehman Brothers and European Debt Crisis as dummy The multiple regression analysis is applied to exam the relationship between these factors and the M&A performance The empirical results find out that the four factors: Leverage Board of Directors Bankruptcy of Lehman Brothers and European Debt Crisis have significant negative effects on the M&A performance
نوع الوثيقة: thesis
اللغة: English
العلاقة: http://ir.lib.ncku.edu.tw/handle/987654321/160271Test
الإتاحة: http://ir.lib.ncku.edu.tw/handle/987654321/160271Test
حقوق: undefined
رقم الانضمام: edsbas.54B14374
قاعدة البيانات: BASE