English  |  正體中文  |  简体中文  |  全文筆數/總筆數 : 49378/84106 (59%)
造訪人次 : 7365032      線上人數 : 76
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/987654321/54026


    題名: 我國上櫃公司轉上市後長期績效
    其他題名: The long-run performance of listing change in Taiwan
    作者: 徐禎;Hsu, Chen
    貢獻者: 淡江大學財務金融學系碩士在職專班
    顧廣平;Ku, Kuang-Ping
    關鍵詞: 上櫃轉上市公司;長期營運績效;長期投資績效;Listing Change;long-run investment performance;long-run
    日期: 2011
    上傳時間: 2011-06-16 21:52:34 (UTC+8)
    摘要: 本文之研究期間為1992年1月至2006年12月為止,以242家於這段期間曾上櫃轉上市公司為研究對象,主要是探討其上櫃轉上市後之長期投資績效與長期營運績效。長期投資績效分析結果顯示無論採用何種方法衡量,所獲取之長期平均異常績效均為正值,此似乎意謂著投資者若於公司轉上市後購買股票且長期持有,其平均報酬優於基準之平均報酬。
    長期營運績效之分析結果顯示台灣上櫃公司轉上市後,其平均獲利能力是呈現逐年衰退之現象,且顯著低於同產業,即其獲利能力相對較差。但是轉上市卻能提升司總資產週轉率,即能夠提高資產之使用效率。最後,結果顯示台灣上櫃公司於轉上市後,其平均資本結構出現顯著之變化。
    This thesis was conducted from January 1992 to December 2006, based on the 242 samples of listed companies going from OTC market to TWSE in Taiwan. The main purpose is to study their long-run inventment and operating performances. The empirical results show that average abnormal performance in long run is a positive regardless of which methods to evaluate. This also means that average returns are better than standard returns if investors purchase stocks and hold for long-time after listed companies go TWSE.
    The results of long-run operating performance show that average profitability drops every year after going to TWSE from OTC, and even significantly lower than other companies in the same industry. However, turn-over rate on total assets gets better. Hence, the result simply shows that average asset structure has significant changes after going from OTC to TWSE.
    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 大小格式瀏覽次數
    index.html0KbHTML175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