Evaluating Overseas Convertible Bonds from Financial Statements Using Five Forces Analysis

機構典藏 > College of Business and Management > Department of Management Sciences > Journal Article > Item 987654321/106997

Please use this identifier to cite or link to this item: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/106997

Title:	Evaluating Overseas Convertible Bonds from Financial Statements Using Five Forces Analysis
Other Titles:	英文
Authors:	Yu-Lu Liao;Yen-Sen Ni
Keywords:	Performance Evaluation;Overseas Convertible Bonds;TOPSIS
Date:	2014-12-01
Issue Date:	2016-08-15
Publisher:	Electronic Business Management Society, Taiwan
Abstract:	We measure the financial performance of overseas convertible bonds according the analysis of five forces retrieved from financial statements, including the current ratio, debt ratio, asset turnover ratio, net profit ratio, and P/E ratio, as convertible bonds are occasionally issued by high-tech firms for raising funds in Taiwan. By using the evaluation method called technique for order preference by similarity to ideal solution (TOPSIS), we reveal the firms with superior performance using a limited sample, unlike the other approaches adopted in finance. We argue that this study will contribute to the existing literature by presenting persuasive results using limited samples, which is rarely explored in the relevant literature.
Relation:	International Journal of Electronic Business Management 12(4), pp.247-255
Appears in Collections:	[Department of Management Sciences] Journal Article [Graduate Institute & Department of Information Management] Journal Article

Files in This Item:

File	Description	Size	Format
EVALUATING_OVERSEAS_CONVERTIBL.pdf		366Kb	Adobe PDF	39	View/Open
index.html		0Kb	HTML	16	View/Open