English  |  正體中文  |  简体中文  |  Items with full text/Total items : 52047/87178 (60%)
Visitors : 8689715      Online Users : 278
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/51599

    Title: 臺灣上市(櫃)公司發行海外全球存託憑證後之長期績效
    Other Titles: The long-run performance after GDR issuance of Taiwan listed companies
    Authors: 陳靜美;Chen, Ching-mei
    Contributors: 淡江大學財務金融學系碩士在職專班
    顧廣平;Ku, Kuang-ping
    Keywords: 海外全球存託憑證;長期營運績效;長期投資績效;Global depository receipts overseas;Long-term operation performance;Long-term investment performance
    Date: 2010
    Issue Date: 2010-09-23 15:26:46 (UTC+8)
    Abstract: 本研究係蒐集自1992年至2005年間曾以增資發行新股方式發行海外全球存託憑證(GDR)之上市(櫃)公司為研究對象,共計57件樣本數,運用各種不同的績效衡量方法,探討公司以發行GDR來進行海外融資,是否能提高公司價值及增進股東財富,以及公司至國外發行GDR進行國際籌資,對於經營績效是否有顯著的影響。研究結果指出:
    The present study investigates the TSEC & OTC listed companies which issued GDR between 1992 to 2005. A total of 57 companies were investigated in this study. A variety of performance assessment methods were adopted to explore the effects of overseas financing by issuing GDR on raising a company’s value and promoting shareholders’wealth. The study also explores whether it has a significant impact on operation performance if a company conducts international fund-raising by issuing GDR abroad. The following are the major findings of the study.
    I.Long-term investment performance of the TSEC & OTC listed
    companies after issuing GDR:
    If investors who bought the company’s stocks when it
    issued GDR failed to receive long-term average return
    which was better than benchmark,it probably indicates
    that the company administration’s policy of issuing GDR
    can’t bring shareholders more wealth in the long run.
    II.Long-term operation performance of the TSEC & OTC listed
    companies after issuing GDR:
    By evaluating the financial ratios of long-term
    operation performance, we can find that in terms of
    long- term operation performance of the TSEC & OTC listed
    companies issuing GDR, there is a tendency to decline in
    making a profit. Neither assets utilization nor repaying
    capability improves.
    Appears in Collections:[財務金融學系暨研究所] 學位論文

    Files in This Item:

    File SizeFormat

    All items in 機構典藏 are protected by copyright, with all rights reserved.

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