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| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 陳忠仁(Chung-Jen Chen) | |
| dc.contributor.author | Ying-Rong Lai | en |
| dc.contributor.author | 賴映蓉 | zh_TW |
| dc.date.accessioned | 2021-06-16T05:11:00Z | - |
| dc.date.available | 2020-08-04 | |
| dc.date.copyright | 2020-08-04 | |
| dc.date.issued | 2020 | |
| dc.date.submitted | 2020-07-28 | |
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Tanja Kuzman、 Oleksandr Talavera 、Sotirios K.Bellos,(2018), Politically Induced Board Turnover,Ownership Arrangements and Performance of SOEs. 34. Villalonga,B., Amit,R.(2006). How do family ownership,control and management affect firm value? Journal of Financial Economics,80(2),385-417. 35. Villalonga,B., Amit,R.(2010).Family control of firms and industries. Financial Economics,39(3),863-904. 36. Vangelis Suitaris,Stefania Zerbinati,BO(Grace) Pengt (2017) . Should I stay or should I go? Founder power and exit VIA initial public offering. (Academy of management Journal2020,Vol.63,No.1,64-95.) 37. Yemack(1996)，Higher Market Valuation of Companies with a Small Board of Directors,Joumal of Financial Economics,40,185 38. Yunshi Liu, Linda C. Wang, Li Zhao, David Ahlstrom.(2013) Board turnover in Taiwan’s public firms: An empirical study.(Asia Pac Manag 30:1059-1089 DOI 10.1007/s10490-013-9363-7) 中文文獻 1. 洪錫熙，沈芝峰，2000年，我國上市公司資本結構影響因素，廈門大學學報(哲學社會科學版)的三期，廈門大學管理學院。 2. 牛廷苓，(2000)，「股權結構、董事會組成與公司績效關係之研 究-以高科技產業與傳統產業為例」，國立中央大學企業管理研究 所未出版碩士論文。 3. 王睦舜、康榮寶-公司治理程度與首度上市公司衝期報酬影響之研究， (台灣銀行季刊第六十卷第四期(398))。 4. 劉思琦（2005）台灣初次上市公司股權結構、董事會組成與公司經營績效關係之研究。 5. 吳建頤，(1998)，董事會規模對公司價值的影響，國立中正大學財務金融研究所未出版碩士論文。 6. 江淑貞(2018)董事會特性與IPO 異常現象(東吳經紀商學學報的九十七期，民國一○七年十二月：35-62)。 7. 李佳玲、葉穎蓉、何晉滄(2005) 中山管理評論ISSN 1023-2842第十三卷第一期。 8. 鄭慧敏(2006)交通大學管理科學系(探討公司治理對新上市櫃公司股票初期報酬與長期績效表現之影響)。 9. 葉上葆、曹常鴻、蔡如蕙(2007) 高階管理者更迭屆任型態及人力資本對公司經營績效與盈餘管理間關係之研究。(經營管理論叢2007第二屆管理與決策學術研討會特刊)。 10. 于東智,(2003)董事會、公司治理與績效，對中國上市公司的經驗分析6,(中國社會科學6第三期.) 11. 于東智、池國華(2004),董事會規模、穩定性與公司績效,理論與經驗分析.(經濟研究2004年第四期) 12. 紀信義、翁慈青、廖芝嫻、黃馨儀(2017)，董事及高階主管政治連結與公司績效之關聯性.(台大管理叢論2017/6第27卷第2期1-34) 13. 王躍堂、趙子夜、魏曉雁,(2006) 南京大學商學院會計系,董事會的獨立性是否影響公司績效? (經濟研究2006年第五期)。 14. 中國清華大學經濟管理學院 100084 15. 中國工商银行博士后科研工作站 100032 16. 東北財經大学財務與會計研究中心 116025 文獻參考之相關網站系統 1.台灣經濟新報TEJ+ 2.2018/12/18Money DJ新聞摘錄 3.MBA智庫百科 4.臺灣證卷交易所 5.2019-12-30 21:43 經濟日報 / 記者程士華／即時報導 | |
| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/55928 | - |
| dc.description.abstract | 在瞬息萬變的經濟環境下，成立一間公司到IPO後還能穩健發展的因素到底是甚麼，綜觀層出不窮的舞弊案件，及這幾年來IPO後公司的成長僅寄託於消息面，其公司價值就如同雲霄飛車一般上上下下無法掌控。公司管理制度的最高權責董事會，對於整個公司的發展有著極為重要的影響。本研究以台灣經濟新報TEJ+中，大陸創業板公司為研究主體，選取2009-2018年間IPO新創公司為研究對象，透過實證資料分析來探討前期績效變動與公司股權對董事會成員異動影響之研究。透過蒐集的資訊利用迴歸分析來了解公司在IPO時，董事會成員的異動是否會受前期公司績效的影響，在公司股權變動中，國有企業股權比例增加與外資企業股權比例增加，對於董事會成員異動是否會產生顯著的影響性，都是本研究探討的重點。 本研究實證結果顯示，前期公司績效與董事會成員變動呈現負相關性。也就是說當前期公司績效表現越好的時候，董事會成員會變動的機率相對性也就越低。而國有企業股權持股數的增加，對於影響前期公司績效與董事會成員的變動並無顯著的相關性。其對於國有企業股權相乘的干擾效果影響下，顯示其對於前期公司績效與董事會成員異動的關係並不會產生顯著的調和影響。而在前期公司績效越好的狀況下，增加公司外資股權比例的持股，對於穩定董事會成員的異動是會產生出顯著效果的。 | zh_TW |
| dc.description.abstract | In the rapidly changing economic environment, what are the factors for the steady development of a company after the IPO. Overview of endless fraud cases and the growth of the company after the IPO have only depended on the news side in the past few years. The company value is generally unable to control feeling like sitting on a roller coaster, up and down. The highest authority and responsibility which controls company management system has a very important influence of the entire company. This study takes the Taiwan Economic Newspaper TEJ+ and China ChiNext as the main research subject, and selects IPO startups from 2009 to 2018 as the research object. Through empirical data analysis, the study explores the impact of previous performance changes and company equity on board members' changes. Through the collected information, use regression analysis to understand whether the company’s IPO changes will be affected by the company’s previous performance. In the company’s shareholding changes, the increase in the proportion of state-owned enterprises’ equity and foreign-funded enterprises’ shareholdings will affect the board’s changes. It will have a significant impact, is the focus of this study. The results of this study show that the company's performance in the early stage is negatively correlated with changes in board members, indicating the better the company's performance in the previous period, the lower probability of board member changes. An increase in the number of shares held by state-owned enterprises has no significant correlation with corporate performance changes and board composition in the initial period. In case the company has better prior performance, increasing the percentage of foreign equity ownership has a significant effect on the stability of the board of directors. | en |
| dc.description.provenance | Made available in DSpace on 2021-06-16T05:11:00Z (GMT). No. of bitstreams: 1 U0001-2807202015414200.pdf: 1092766 bytes, checksum: bd5ad1a4aea8561d4eb67d1a91ec159a (MD5) Previous issue date: 2020 | en |
| dc.description.tableofcontents | CONTENTS
口試委員會審定書 # 誌謝 i 中文摘要 iii ABSTRACT iv CONTENTS v 表目錄 viii 圖目錄 ix 第一章 緒論 1 1.1 研究背景與動機 1 1.2 研究目的 4 1.3 研究程序 5 1.4 論文架構 5 第二章 文獻探討 7 2.1 董事會文獻探討 7 2.1.1 董事會結構與IPO績效的關聯性 7 2.1.2 董事會規模與公司績效的關聯性 9 2.1.3 其他董事會特性與公司績效之相關性 10 2.2 董事會成員變動的文獻探討 11 2.2.1 高階管理人、董事持股變動與離職變動率 11 2.2.2 家族企業與非家族管理者、董事會成員變動的關聯性 11 2.2.3 高階管理人、董事會成員退出企業的原因及影響性 12 2.2.4 政治對董事會成員變動的影響性 14 第三章 研究架構和方法 16 3.1 研究架構與假設 16 3.2 資料收集 17 研究期間及研究樣本 17 3.3 變數衡量 18 3.3.1 應變數 19 3.3.2 自變數 20 3.3.3 控制變數 22 第四章 實證結果與分析 25 4.1 描述性統計 25 4.2 相關係數 25 4.3 實證結果 29 4.3.1 前期公司績效會負向影響董事會成員異動 29 4.3.2 國有企業股權比例會正向影響董事會成員異動 29 4.3.3 國有企業股權比例會對前期公司績效與董事會成員異動的關係產生正向調和作用 29 4.3.4 外資企業股權比例會負向影響董事會成員異動 30 4.3.5 外資企業股權比例會對前期公司績效與董事會成員異動的關係產生負向調和作用 30 第五章 結論與建議 32 5.1 研究結論 32 5.1.1 前期公司績效會負向影響董事會成員異動。(H 1支持) 32 5.1.2 國有企業股權比例會正向影響董事會成員異動。(H2不支持) 32 5.1.3 國有企業股權比例會對前期公司績效與董事會成員異動的關係產生正向調和作用。(H3不支持) 32 5.1.4 外資企業股權比例會負向影響董事會成員異動。(H4支持) 33 5.1.5 外資企業股權比例會對前期公司績效與董事會成員異動的關係產生負向調和作用。(H5支持) 33 5.2 研究貢獻 34 5.2.1 學術上之貢獻 34 5.2.2 實務上之貢獻 35 5.3 未來研究建議 36 參考文獻 37 | |
| dc.language.iso | zh-TW | |
| dc.title | 前期績效變動與公司股權對董事會成員異動影響之研究 | zh_TW |
| dc.title | The effect of prior performance change and company equity on board member changes | en |
| dc.type | Thesis | |
| dc.date.schoolyear | 108-2 | |
| dc.description.degree | 碩士 | |
| dc.contributor.oralexamcommittee | 林雅惠(YA-HUI LIN),柯冠州(Kuan-Chou Ko) | |
| dc.subject.keyword | 董事會成員異動,公司股權變動,前期公司績效, | zh_TW |
| dc.subject.keyword | Board turnover,Firm performance,State ownership,Foreign ownership, | en |
| dc.relation.page | 41 | |
| dc.identifier.doi | 10.6342/NTU202001972 | |
| dc.rights.note | 有償授權 | |
| dc.date.accepted | 2020-07-29 | |
| dc.contributor.author-college | 進修推廣學院 | zh_TW |
| dc.contributor.author-dept | 生物科技管理碩士在職學位學程 | zh_TW |
| 顯示於系所單位： | 生物科技管理碩士在職學位學程 | |
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