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| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 邱顯比(Shean-Bii Chiu) | |
| dc.contributor.author | Min-Hsuan Hsu | en |
| dc.contributor.author | 許旻璇 | zh_TW |
| dc.date.accessioned | 2023-03-19T23:20:50Z | - |
| dc.date.copyright | 2022-07-05 | |
| dc.date.issued | 2022 | |
| dc.date.submitted | 2022-06-24 | |
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| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/85660 | - |
| dc.description.abstract | 本研究旨在觀察臺灣2003年至2017年上市上櫃公司之併購活動，並以專利權核准數與專利權被引用數作為公司創新數量績效與創新品質績效的代理變數，探討主併公司從事技術併購、家族企業與否、公司治理程度對於併購後創新績效的影響。實證結果發現：(1) 技術併購與併購後的創新數量與品質為顯著正相關；(2) 家族企業與併購後創新績效無顯著相關；(3) CEO雙重性負向顯著影響併購後創新數量與品質，同時機構投資人持股比例正向顯著影響併購後創新數量，顯示內部與外部的公司治理機制提供的監督功能，有助於提升創新績效，符合代理理論；(4) 獨立董事比例與併購後創新績效呈現顯著負向關係，本研究推論在研發創新場域中，相較於獨立董事的監督角色，企業更加倚賴內部董事的顧問角色。 | zh_TW |
| dc.description.abstract | Using the data of listed companies in Taiwan during the period of 2003-2017, this paper aims to investigate the effect of technological M&A, family firm and corporate governance on the post-acquisition innovation performance of acquiring firms. The empirical results show that: (1) technological M&A is significantly positively correlated with the innovation performance; (2) whether acquiring firms are family firms or not isn’t significantly correlated with the innovation performance; (3) CEO duality is significantly negatively correlated with the innovation performance while an increase in institutional ownership improves the innovation performance, supporting the agency theory; (4) there is a negative correlation between the ratio of independent directors and the innovation performance, which is consistent with the argument that with regard to R&D management, firms might more rely on advisory function of internal directors, rather than monitoring function of independent directors. | en |
| dc.description.provenance | Made available in DSpace on 2023-03-19T23:20:50Z (GMT). No. of bitstreams: 1 U0001-2206202204051200.pdf: 2457705 bytes, checksum: 359dcc534c3e2b98bd073bc27b2eea03 (MD5) Previous issue date: 2022 | en |
| dc.description.tableofcontents | 目 錄 口試委員會審定書 i 誌 謝 ii 摘 要 iii Abstract iv 第一章 緒論 1 第二章 文獻回顧 4 第一節 企業併購後的創新績效 4 第二節 技術併購與併購後創新績效 5 第三節 家族企業與併購後創新績效 7 第四節 公司治理與併購後創新績效 8 第三章 研究設計 13 第一節 研究假說 13 第二節 樣本選取與資料來源 15 第三節 變數定義 17 第四節 研究方法 22 第四章 實證結果與分析 26 第一節 敘述性統計與相關性分析 26 第二節 負二項迴歸分析 32 第三節 差異檢定 37 第五章 結論與建議 39 第一節 研究結論 39 第二節 研究限制與建議 40 參考文獻 42 表目錄 表1 本研究併購樣本篩選條件 17 表2 各變數代號與定義 21 表3 併購樣本依年度別與技術併購與否之分布狀況 26 表4 敘述統計表 29 表5 相關係數表 30 表6 創新數量績效模型之變異數膨脹因子數值 31 表7 創新品質績效模型之變異數膨脹因子數值 31 表8 創新數量績效模型迴歸分析 35 表9 創新品質績效模型迴歸分析 36 表10 研究假說與研究結果彙總表 37 表11 併購前後創新績效之差異檢定 38 | |
| dc.language.iso | zh-TW | |
| dc.subject | 機構投資人持股 | zh_TW |
| dc.subject | 併購後創新績效 | zh_TW |
| dc.subject | 技術併購 | zh_TW |
| dc.subject | 家族企業 | zh_TW |
| dc.subject | 公司治理 | zh_TW |
| dc.subject | CEO雙重性 | zh_TW |
| dc.subject | 獨立董事 | zh_TW |
| dc.subject | Technological M&A | en |
| dc.subject | Independent Director | en |
| dc.subject | CEO Duality | en |
| dc.subject | Corporate Governance | en |
| dc.subject | Family Firm | en |
| dc.subject | Post-Acquisition Innovation Performance | en |
| dc.subject | Institutional Ownership | en |
| dc.title | 技術併購、家族企業與公司治理對併購後創新績效之影響 | zh_TW |
| dc.title | Technological M&A, Family Firm, Corporate Governance and Post-Acquisition Innovation Performance | en |
| dc.type | Thesis | |
| dc.date.schoolyear | 110-2 | |
| dc.description.degree | 碩士 | |
| dc.contributor.oralexamcommittee | 陳業寧(Yeh-Ning Chen),何耕宇(Keng-Yu Ho) | |
| dc.subject.keyword | 併購後創新績效,技術併購,家族企業,公司治理,CEO雙重性,獨立董事,機構投資人持股, | zh_TW |
| dc.subject.keyword | Post-Acquisition Innovation Performance,Technological M&A,Family Firm,Corporate Governance,CEO Duality,Independent Director,Institutional Ownership, | en |
| dc.relation.page | 48 | |
| dc.identifier.doi | 10.6342/NTU202201055 | |
| dc.rights.note | 同意授權(全球公開) | |
| dc.date.accepted | 2022-06-27 | |
| dc.contributor.author-college | 管理學院 | zh_TW |
| dc.contributor.author-dept | 財務金融學研究所 | zh_TW |
| dc.date.embargo-lift | 2022-07-05 | - |
| 顯示於系所單位： | 財務金融學系 | |
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