English  |  正體中文  |  简体中文  |  全文筆數/總筆數 : 51776/87004 (60%)
造訪人次 : 8382956      線上人數 : 77
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜尋範圍 查詢小技巧:
  • 您可在西文檢索詞彙前後加上"雙引號",以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋,建議至進階搜尋限定作者欄位,可獲得較完整資料
  • 進階搜尋
    請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/110713


    題名: 總體經濟因素對電子產業獲利受匯率波動之非線性影響
    其他題名: The non-linear effect of macroeconomic factors on earnings of electronic industry under the exchange rate volatility
    作者: 王莞鈞;Wang, Wan-Chun
    貢獻者: 淡江大學財務金融學系碩士班
    聶建中;謝劍平;Nieh, Chien-Chung;Hsieh, Chien-Ping
    關鍵詞: 匯率波動;每股盈餘;總體經濟因素;Exchange rate;earnings per share;Macroeconomic factors
    日期: 2016
    上傳時間: 2017-08-24 23:34:08 (UTC+8)
    摘要: 本研究以2010年第一季至2015年第二季台灣上市之電子業公司為例,並運用Gonzaʹlez, Terasvirta and van Dijk (2004, 2005)所發展的縱橫平滑移轉迴歸模型,以出口貿易額、景氣信號綜合分數及消費者物價指數作為解釋變數,並以匯率波動作為門檻變數,觀察在匯率波動下透過總體經濟因素對八大類電子產業之每股盈餘是否存在縱橫平滑移轉效果。
    大部分產業在匯率波動大於門檻或小於門檻時,出口貿易額和景氣信號綜合分數對每股盈餘有顯著正向關係,消費者物價指數對每股盈餘有顯著負向關係,表示在景氣熱絡時,生產訂單多,大量的生產可以壓低生產製造成本,消費者購買的售價相對較低,另外近年來電子產品低價化,且產品週期快又短,大量的生產訂單搭配微薄利潤,公司可賺取之獲利提高。
    The purpose of this study is to investigate the effect of exchange rate volatility on the electronic industry by using empirical model of Gonza''lez, Terasvirta and van Dijk (2004, 2005) to verify whether the panel smooth transition. The empirical study will use exchange rate volatility as transfer variables. Furthermore, it uses export trade, monitoring indicator score and consumer price index to estimate how these variables influence the earnings per share.
    When exchange rates at most of the industries are either higher or lower than the threshold, export trade and monitoring indicator score have a positive influence on earnings per share. In the other hand, consumer price index have a negative relationship on earnings per share, which means when economy booms, lots of orders for goods and a lot of production can reduce the cost for production, and consumers spend relatively lower price buying products. In addition, electric products at low prices, quick and short product cycle and a large number of production orders make companies earn more profit.
    顯示於類別:[財務金融學系暨研究所] 學位論文

    文件中的檔案:

    檔案 描述 大小格式瀏覽次數
    index.html0KbHTML14檢視/開啟

    在機構典藏中所有的資料項目都受到原著作權保護.

    TAIR相關文章

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回饋