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請用此 Handle URI 來引用此文件: http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/80662
完整後設資料紀錄
DC 欄位值語言
dc.contributor.advisor陳家麟(Chia-Lin Chen)
dc.contributor.authorHsin-Ling Shenen
dc.contributor.author沈芯菱zh_TW
dc.date.accessioned2022-11-24T03:12:09Z-
dc.date.available2021-11-03
dc.date.available2022-11-24T03:12:09Z-
dc.date.copyright2021-11-03
dc.date.issued2021
dc.date.submitted2021-10-22
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dc.identifier.urihttp://tdr.lib.ntu.edu.tw/jspui/handle/123456789/80662-
dc.description.abstract本論文結合兩項研究,包括薈萃分析和及交叉滯後模型的實證研究。首先,歷來文獻主要聚焦在量化檢驗特定地區和制度環境中,家族企業所有權對財務表現的影響,然而其結果有所矛盾。因此本論文第一項研究,乃針對東南亞國家之家族企業財務決策與績效,進行薈萃分析,以更深入了解家族企業在金融市場中的角色。此研究分析多個變量包括資本結構、股息政策和盈餘管理,其中「財務績效」涵蓋資產報酬率(ROA)、股本回報率(ROE)、未來盈餘能力、每股盈餘(EPS)及托賓Q (Tobin's Q) 比率。從東南亞地區的34篇論文中,薈萃共108項觀察值,統計期自1994年至2018年,同時分析2008年金融海嘯帶來的潛在影響。 本論文第二項研究則是透過實證研究,探討家族企業之營運資金如何影響財務決策。蒐集自2017年4月至12月(t1)和2018年4月至12月(t2)的779個寮國家族企業問卷數據。基於結構方程模型的交叉滯後兩波縱向方法進行分析,並建構模型來驗證其債務融資、融資渠道、增長、庫存、現金流和盈利能力。zh_TW
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dc.description.tableofcontents"I. 中文摘要 4 II. Abstract 5 III. Figures Index 8 IV. Tables Index 9 1. Introduction 10 1.1 Motivation 10 1.2 Family Business in the Southeast Asia Region 11 1.3 Thesis Questions 13 1.4 Overview of the Thesis 14 1.5 Structure of the Thesis 16 2. Literature Review 18 2.1. Family Firm Management Based on the Three-Circle Model 18 2.2 Institutional Settings of Southeast Asian Countries 19 2.3 Financial Reporting in Southeast Asia 21 2.4 Financial Decision-Making in Family Businesses in Southeast Asia 24 2.5 Hofstede National Culture Comparison 31 2.6 Research Gaps 39 3. Meta-Analysis of Financial Decision-Making in Family Businesses in Southeast Asia 43 3.1 Introduction 43 3.2. Literature Review and Hypothesis Development 46 3.2.1. Family Ownership and Firm Performance 46 3.2.2. Family Ownership and Capital Structure 54 3.2.3. Family Ownership and Earnings Management 57 3.2.4. Family Ownership and Dividend Policy 60 3.3.1 Research Design 63 3.3.2 Search Strategy and Selection Procedure 64 3.3.3 Meta-Analysis Methods 66 3.4. Research Findings 67 3.4.1. Descriptive Statistics 67 3.4.2. Correlation Analysis 69 3.4.3. Meta-analysis Results 72 3.5. Discussion 76 3.5.1 The Main Research Results 76 3.5.2 The Ad Hoc Results of the Financial Crisis 82 4. Empirical Study of Family Business Financial Decisions in Southeast Asia 89 4.1. Introduction 89 4.2. Literature Review and Hypothesis Development 94 4.2.1 Research on Family Firms 94 4.2.2 Hypothesis Development 98 4.2.3 Analysis of Behavioral Finance 101 4.2.4 Theoretical Gap in Behavioral Finance 102 4.2.5 Research on Financial Decisions 104 4.2.6 Importance of Financial Decisions in Southeast Asian Family Firms 108 4.2.7 Theoretical Gap of Financial Decisions in Family Firms 110 4.3. Methodology 113 4.3.1. Sample Selection 113 4.3.2. Variable Measurements 115 Latent Variable 115 Independent variable 115 4.3.3. Two Cross-Lagged Longitudinal Model 116 4.4. Research Findings 117 4.4.1. Descriptive Analysis 117 4.4.2. Preliminary Analysis 119 4.4.3. Cross-lagged Longitudinal Models 119 4.4.4. Hypothesis Testing 120 4.5. Discussion 121 5. Managerial, Policy, and Theoretical Implications 128 5.1. Managerial Insights and Implications 128 5.1.1. Managerial Implications arising from the Meta-analysis 128 5.1.2. Managerial Implications Arising from the Empirical Analysis 129 5.2. Policy Insights and Implications 130 5.2.1. Policy Implications Arising from the Meta-analysis 130 5.2.2. Policy Implications arising from the Empirical Analysis 131 5.3. Theoretical Insights and Implications 132 5.3.1. Theoretical Implications arising from the Meta-analysis 132 5.3.2. Theoretical Implications arising from the Empirical Analysis 134 6. Conclusion 135 6.1. Summary and Contributions 135 6.2. Limitations and Future Research 139 References 142 Appendix 1: Summaries of selected papers 167 Appendix 2: Each variable of meta-analysis 172 "
dc.language.isozh-TW
dc.subject東協國家zh_TW
dc.subject家族企業zh_TW
dc.subject盈餘管理zh_TW
dc.subject企業績效zh_TW
dc.subject營運資金zh_TW
dc.subject財務決策zh_TW
dc.subject資本結構zh_TW
dc.subjectWorking capitalen
dc.subjectFinancial decision makingen
dc.subjectFirm performanceen
dc.subjectSoutheast Asiaen
dc.subjectFamily firmen
dc.subjectCapital structureen
dc.subjectEarning managementen
dc.title東南亞家族企業之財務管理策略zh_TW
dc.titleFinancial Management Strategies for Family Businesses in Southeast Asiaen
dc.date.schoolyear109-2
dc.description.degree博士
dc.contributor.oralexamcommittee簡睿哲(Hsin-Tsai Liu),譚丹琪(Chih-Yang Tseng),謝英哲,劉佳玲,連勇智
dc.subject.keyword資本結構,營運資金,盈餘管理,家族企業,東協國家,企業績效,財務決策,zh_TW
dc.subject.keywordCapital structure,Working capital,Earning management,Family firm,Southeast Asia,Firm performance,Financial decision making,en
dc.relation.page203
dc.identifier.doi10.6342/NTU202103911
dc.rights.note同意授權(限校園內公開)
dc.date.accepted2021-10-25
dc.contributor.author-college管理學院zh_TW
dc.contributor.author-dept商學研究所zh_TW
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