請用此 Handle URI 來引用此文件：
http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/80517完整後設資料紀錄
| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 許文馨(Wen-Hsin Hsu) | |
| dc.contributor.author | 企業管理碩士專班 | zh_TW |
| dc.contributor.author | CHI YUAN CHOU | en |
| dc.contributor.author | 周岐原 | zh_TW |
| dc.date.accessioned | 2022-11-24T03:08:22Z | - |
| dc.date.available | 2022-02-16 | |
| dc.date.available | 2022-11-24T03:08:22Z | - |
| dc.date.copyright | 2022-02-16 | |
| dc.date.issued | 2022 | |
| dc.date.submitted | 2022-02-10 | |
| dc.identifier.citation | References Anthony D. Wilbon, (2003) “Competitive posture and IPO performance in high technology firms” Journal of Engineering and Technology Management: Volume 20, Issue 3, Pages 231-244 Bharat A. Jain, Omesh Kini, (1994) “The Post-Issue Operating Performance of IPO Firms”, the Journal of Finance Central News Agency, (2021) ETtoday https://bit.ly/3t6hQXk Cliff Bowman, Veronique Ambrosini, (2003) “How the Resource-based and the Dynamic Capability Views of the Firm Inform Corporate-level Strategy” British Journal of Management: web. Flint, Gerald David, (2000) “What is the meaning of competitive advantage?” Advances in Competitiveness Research; Indiana: Vol. 8, Iss. 1, 121-129. Fu-Shu Hsieh, (2013) “藏鋒 20年磨一劍 成就市值1500億股王” Business Today Weekly Jay R. Ritter, Ivo Welch, (2002) “A Review of IPO Activity, Pricing, and Allocations” the journal of Finance Jeffrey R. Williams, (1992) “How Sustainable is Your Competitive Advantage?” California Management Review Joanna Lizińska, Leszek Czapiewskim, (2014) “Performance of Polish IPO Firms: Size and Profitability Effect” The Polish Journal of Economics 269 | 1 | 53-71 Law Source Retrieving System of Stock Exchange and Futures Trading, https://bit.ly/32OoWoQ Lin Hung-Ta, (2019), “大立光林恩平家族再轉讓上萬張持股的背後盤算”, Wealth Magazine Mario Levis, (1993) “The Long-Run Performance of Initial Public Offerings: The UK Experience 1980-1988” Financial Management Vol. 22, No. 1, pp. 28-41 Michael E. Porter, (1985) “Competitive Advantage: Creating and Sustaining Superior Performance”, the Free Press Michael Spence, (1984) “Cost Reduction, Competition, and Industry Performance” Econometrica, Vol. 52, No. 1, pp. 101-122 Next Magazine Weekly, (2019) “中年轉業發大財 林恩平掌大立光祕辛”, https://bit.ly/3rEkkeh Pankaj M. Madhani, (2009) “Resource Based View (RBV) of Competitive Advantages: Importance, Issues and Implications” KHOJ Journal of Indian Management Research and Practices, Vol. 1, No. 2, pp 2-12 Peter Jaskiewicz, Víctor M. González, Susana Menéndez, (2005) “Long-Run IPO Performance Analysis of German and Spanish Family-Owned Businesses” Family Business Review Reena Aggarwal and Pietra Rivoli, (1990) “Fads in the Initial Public Offering Market?” Financial Management Vol. 19, No. 4, pp. 45-57 Re-Jin Guo, Baruch Lev, Charles Shi, (2006) “Explaining the Short- and Long-Term IPO Anomalies in the US by R D” Journal of Business Finance and Accounting, web Richard E. Caves, (1984) “Economic Analysis and the Quest for Competitive Advantage” The American Economic Review, Vol. 74, No. 2, pp. 127-132 Rui Jin, Lee (2019), ETtoday, https://bit.ly/3q0zcTu Schuster, Josef Anton, (2009) “IPOs: insights from seven European countries” Financial Markets Group, London School of Economics and Political Science Susanne Espenlaub, Alan Gregory, Ian Tonks, (2008) “Re-assessing the long-term underperformance of UK Initial Public Offerings” European Financial Management web Taiwan Stock Exchange, https://bit.ly/32QB5cS Ting-Ting Han, (2020) ” 百億身價大立光林恩平 口罩1個用10天” Central News Agency TWSE Daily Closing Price, (2020) https://bit.ly/3t5IBeC Tae Kim, (2018) “Warren Buffett believes this is ‘the most important thing’ to find in a business”, CNBC Wan Ning Wang (2020), CN Yes, https://bit.ly/3F25Fx4 Ya Min Yang, (2012), Liberty Times, https://bit.ly/3tcz4SK Yuan Wang, Sachin B.Modi, Tobias Schoenherr, (2021) “Leveraging sustainable design practices through supplier involvement in new product development: The role of the suppliers' environmental management capability” International Journal of Production Economics, Volume 232 Zhi Yi Pan, (2021), Central News Agency https://bit.ly/3HFQzz1 | |
| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/80517 | - |
| dc.description.abstract | 股票是台灣人最熟悉的金融資產，也是投資配置中佔比最高的資產。然而，自 COVID_19 爆發以來，在不到兩年的時間裡，台灣證券交易所指數上漲了 200% 之多。為了評估散戶投資者的回報，本研究抽樣調查2000年至2020年間的372 家首次公開發行（IPO）公司，並計算IPO首日收盤價至今的回報持有量。研究結果發現，剔除55個不再公開交易的樣本，截至2020年底，持有剩餘317個樣本的平均報酬為229.38%，中位數為44.95%；約三分之一的樣本得到負回報。根據研究結果，投資者可能無法獲得足夠訊息、來判斷公司在上市初期是否具有競爭優勢；一旦公司因任何原因失去競爭優勢，戰略損失將迅速反映在股價上，並且導致投資回報為負。 | zh_TW |
| dc.description.provenance | Made available in DSpace on 2022-11-24T03:08:22Z (GMT). No. of bitstreams: 1 U0001-1002202214022200.pdf: 1232745 bytes, checksum: f27e4dd202a687ac999e1f961188ff01 (MD5) Previous issue date: 2022 | en |
| dc.description.tableofcontents | Table of Contents Acknowledgment…………………………………………………………………………ii Abstract…………………………………………………………………………………...iii List of Figures…………………………………………………………………….……... vi List of Appendix…………...…...……………………………………………...………...vii Chapter 1: Introduction….………………………………………………………………...1 1.1 Background….………………………………………………………………...............1 1.2 Objective of Study………………………………......………………………...………7 1.3 Research Questions………………………………….………………………...………7 Chapter 2: Literature and references………………………...…….....................................8 2.1 The application standard and examination process of IPO in TWSE…………………8 2.2 Post-IPO Performance…………………………………………....………………….10 2.3 Review of Long-term Investment Performance………………………………….….12 2.4 Competitive Advantage…….………….………………………………………….…14 Chapter 3: Research Methodology….…….……….………………...………….….....….17 3.1 Research Design….…….……….………………...…………………….….…......….17 3.2 Objectives….…….……….……….……………...…………………….….…......….17 3.3 Data Collection….…….……….……….……………..….…………….….…......….17 3.4 Research results summary….…….……….……….……….…………….….…........18 Chapter 4: Case Study….…….……….……….……….…………………….….…........20 4.1 Introduction and Business Structure of Largan Precision….…………………….….20 4.2 Financial Performance….…….……….……….……….…………………….……...22 4.3 Historical stock price change.……….……….……….…………………….……......23 4.4 Challenges and Opportunities.……….……….……….…………………….…….....25 Chapter 5: Conclusion and Recommendation.……….……….……….…………………28 5.1 Conclusion….…….……….……….….….….….……….……….….….…...............28 5.2 Recommendation….……….……….….….….….……….……….….….…..............29 5.3 Limitation….……….……….….….….….……….……….….….…..........................30 References….……….……….….….….….……….……….….….…...............................32 Appendix….……….……….….….….….……….……….….….….................................36 | |
| dc.language.iso | en | |
| dc.subject | 競爭優勢 | zh_TW |
| dc.subject | 投資 | zh_TW |
| dc.subject | 股市 | zh_TW |
| dc.subject | 首次公開發行 | zh_TW |
| dc.subject | Competitive Advantage | en |
| dc.subject | Investment | en |
| dc.subject | Stock Market | en |
| dc.subject | IPO | en |
| dc.title | IPO股票報酬分析：以台灣證券交易所2001年至2020年上市公司為例 | zh_TW |
| dc.title | IPO stock return in Taiwan Stock Exchange: Evidence from 2001 to 2020 | en |
| dc.date.schoolyear | 110-1 | |
| dc.description.degree | 碩士 | |
| dc.contributor.oralexamcommittee | 堯里昂(Jer-Yuh Wan),劉心才(Ming-Jen Chang) | |
| dc.subject.keyword | 投資,股市,首次公開發行,競爭優勢, | zh_TW |
| dc.subject.keyword | Investment,Stock Market,IPO,Competitive Advantage, | en |
| dc.relation.page | 56 | |
| dc.identifier.doi | 10.6342/NTU202200525 | |
| dc.rights.note | 同意授權(限校園內公開) | |
| dc.date.accepted | 2022-02-11 | |
| dc.contributor.author-college | 管理學院 | zh_TW |
| 顯示於系所單位： | 管理學院企業管理專班(Global MBA) | |
文件中的檔案：
| 檔案 | 大小 | 格式 | |
|---|---|---|---|
| U0001-1002202214022200.pdf 授權僅限NTU校內IP使用（校園外請利用VPN校外連線服務） | 1.2 MB | Adobe PDF |
系統中的文件，除了特別指名其著作權條款之外，均受到著作權保護，並且保留所有的權利。