請用此 Handle URI 來引用此文件：
http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/88075完整後設資料紀錄
| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 石百達 | zh_TW |
| dc.contributor.advisor | Pai-Ta Shih | en |
| dc.contributor.author | 陳永進 | zh_TW |
| dc.contributor.author | Yung-Chin Chen | en |
| dc.date.accessioned | 2023-08-08T16:11:03Z | - |
| dc.date.available | 2023-11-09 | - |
| dc.date.copyright | 2023-08-08 | - |
| dc.date.issued | 2023 | - |
| dc.date.submitted | 2023-07-13 | - |
| dc.identifier.citation | Abor, J. (2005). “The effect of capital structure on profitability: an empirical analysis of listed firms in Ghana.” The Journal of Risk Finance, 6, 438-445.
Acquaah, M., & Yasai-Ardekani, M. (2008). “Does the implementation of a combination competitive strategy yield incremental performance benefits? A new perspective from a transition economy in Sub-Saharan Africa.” Journal of Business Research, 61, 346-354. Afza, T., & Ahmed, N. (2017). “Capital structure, business strategy and firm’s performance: Evidence from Pakistan.” European Online Journal of Natural and Social Sciences, 6, 302-328. Alareeni, B. A., & Hamdan, A. (2020). “ESG impact on performance of US S&P 500-listed firms.” Corporate Governance: The International Journal of Business in Society, 20, 1409-1428. Antoniou, A., Guney, Y., & Paudyal, K. (2008). “The determinants of corporate debt ownership structure: Evidence from market‐based and bank‐based economies.” Managerial Finance, 34, 821-847. Anwar, M. (2018). “Business model innovation and SMEs performance—does competitive advantage mediate?.” International Journal of Innovation Management, 22, 1850057. Black, B., De Carvalho, A. G., Khanna, V., Kim, W., & Yurtoglu, B. (2014). “Methods for multicountry studies of corporate governance: Evidence from the BRIKT countries.” Journal of Econometrics, 183, 230-240. Bowman, C., & Ambrosini, V. (1997). “Perceptions of strategic priorities, consensus and firm performance.” Journal of Management Studies, 34, 241-258. Bryan, D., Dinesh Fernando, G., & Tripathy, A. (2013). “Bankruptcy risk, productivity and firm strategy.” Review of Accounting and Finance, 12, 309-326. Campbell‐Hunt, C. (2000). “What have we learned about generic competitive strategy? A meta‐analysis.” Strategic Management Journal, 21, 127-154. Chung, A., & Choi, M. (2017). “The effects of business strategy on the association between R&D expenditure and future firm performance.” Journal of Applied Business Research, 33, 1035-1046. Connolly, R. A., & Hirschey, M. (2005). “Firm size and the effect of R&D on Tobin's q.” R&D Management, 35, 217-223. Dess, G. G., & Davis, P. S. (1984). “Porter's (1980) generic strategies as determinants of strategic group membership and organizational performance.” Academy of Management Journal, 27, 467-488. Ehie, I. C., & Olibe, K. (2010). “The effect of R&D investment on firm value: An examination of US manufacturing and service industries.” International Journal of Production Economics, 128, 127-135. Freihat, A. R. F., & Kanakriyah, R. (2017). “Impact of R&D expenditure on financial performance: Jordanian evidence.” European Journal of Business and Management, 9, 73-83. Guo, B., Wang, J., & Wei, S. X. (2018). “R&D spending, strategic position and firm performance.” Frontiers of Business Research in China, 12, 1-19. Hambrick, D. C. (1983). “High profit strategies in mature capital goods industries: A contingency approach.” Academy of Management Journal, 26, 687-707. Hsu, C. C., & Boggs, D. J. (2003). “Internationalization and performance: Traditional measures and their decomposition.” Multinational Business Review, 11, 23-50. Hu, Y., & Izumida, S. (2008). “Ownership concentration and corporate performance: A causal analysis with Japanese panel data.” Corporate Governance: An International Review, 16, 342-358. Jermias, J. (2008). “The relative influence of competitive intensity and business strategy on the relationship between financial leverage and performance.” The British Accounting Review, 40, 71-86. Kim, E., Nam, D. I., & Stimpert, J. L. (2004). “Testing the applicability of Porter's generic strategies in the digital age: A study of Korean cyber malls.” Journal of Business Strategies, 21, 19-46. Kim, L., & Lim, Y. (1988). “Environment, generic strategies, and performance in a rapidly developing country: A taxonomic approach.” Academy of Management Journal, 31, 802-827. Lumapow, L. S., & Tumiwa, R. A. F. (2017). “The effect of dividend policy, firm size, and productivity to the firm value.” Research Journal of Finance and Accounting, 8, 20-24. Marti, C. P., Rovira‐Val, M. R., & Drescher, L. G. (2015). “Are firms that contribute to sustainable development better financially?.” Corporate Social Responsibility and Environmental Management, 22, 305-319. Miller, A., & Dess, G. G. (1993). “Assessing Porter's (1980) model in terms of its generalizability, accuracy and simplicity.” Journal of Management Studies, 30, 553-585. Nurlaela, S., Mursito, B., Kustiyah, E., Istiqomah, I., & Hartono, S. (2019). “Asset turnover, capital structure and financial performance consumption industry company in Indonesia stock exchange.” International Journal of Economics and Financial Issues, 9, 297. Palepu, K. G., Healy, P. M., Wright, S., Bradbury, M., & Coulton, J. (2020). Business analysis and valuation: Using financial statements. Cengage AU. Porter, M.E. (1980). Competitive strategy. The Free Press, New York. Porter, M.E. (1985). Competitive advantage. The Free Press, New York. Robinson Jr, R. B., & Pearce, J. A. (1988). “Planned patterns of strategic behavior and their relationship to business‐unit performance.” Strategic Management Journal, 9, 43-60. Spanos, Y. E., Zaralis, G., & Lioukas, S. (2004). “Strategy and industry effects on profitability: evidence from Greece.” Strategic Management Journal, 25, 139-165. Vithessonthi, C., & Racela, O. C. (2016). “Short- and long-run effects of internationalization and R&D intensity on firm performance.” Journal of Multinational Financial Management, 34, 28-45. Wright, P., Kroll, M., Tu, H., & Helms, M. (1991). “Generic strategies and business performance: an empirical study of the screw machine products industry.” British Journal of Management, 2, 57-65. Yousaf, M. U., Khurshid, M. K., Ahmed, A., & Zulfiqar, M. (2019). “Empirical investigation of relationship between research and development intensity and firm performance: The role of ownership structure and board structure.” International Journal of Financial Engineering, 6, 1950016. | - |
| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/88075 | - |
| dc.description.abstract | 本研究使用2010年至2022年在美國上市公司的財報數據，並且運用毛利率及營收在產業的占比這兩個變數將每年所有產業的公司區分成四種競爭策略，分別為：產品差異化、成本領導、雙重及模糊策略，而產品差異化與成本領導策略的公司價值來源分別為研發密度及營運效率。接著透過迴歸模型探討兩個研究問題，其一是公司競爭策略與公司價值的關係，其二是不同策略的公司其研發密度及營運效率與公司價值的關係是否相異。研究結果顯示，首先研發密度及營運效率對市場價值的影響皆顯著，顯示研發密度及營運效率都是影響公司價值的重要因素。其次，產品差異化及成本領導策略公司的研發密度及營運效率對市場價值的影響顯著為正。最後，成本領導策略公司的研發密度對公司價值的影響不顯著大於產品差異化策略公司的研發密度對公司價值的影響；產品差異化策略公司的營運效率對公司價值的影響顯著大於成本領導策略公司的營運效率對公司價值的影響。 | zh_TW |
| dc.description.abstract | The study uses financial data from 2010 to 2022 for U.S. listed companies and uses two variables, gross margin and revenue proportion in the industry, to classify companies in all industries into four competitive strategies for each year: product differentiation, cost leadership, dual and indistinct strategies, and the sources of profitability for product differentiation and cost leadership strategies are R&D intensity and operational efficiency, respectively. Then, two research questions are investigated through regression modeling, one is the relationship between competitive strategies and profitability, and the other is whether the relationship between R&D intensity and operational efficiency and profitability of companies with different strategies is different. The results of the study showed that firstly, R&D intensity and operational efficiency have a significant impact on market value, indicating that both R&D intensity and operational efficiency are important factors affecting a company’s profitability. Secondly, the impact of R&D intensity and operational efficiency on market value is significantly positive for product differentiation and cost leadership companies. Finally, the effect of R&D intensity on profitability for cost leadership strategy companies is not significantly greater than the effect of R&D intensity on profitability for product differentiation strategy companies; the effect of operational efficiency on profitability for product differentiation strategy companies is significantly greater than the effect of operational efficiency on profitability for cost leadership strategy companies. | en |
| dc.description.provenance | Submitted by admin ntu (admin@lib.ntu.edu.tw) on 2023-08-08T16:11:03Z No. of bitstreams: 0 | en |
| dc.description.provenance | Made available in DSpace on 2023-08-08T16:11:03Z (GMT). No. of bitstreams: 0 | en |
| dc.description.tableofcontents | 口試委員會審定書 i
誌謝 ii 中文摘要 iii 英文摘要 iv 第一章 緒論 1 1.1 研究背景與動機 1 1.2 研究目的 2 第二章 文獻回顧與研究假說 3 2.1 Porter 的基本策略類型理論 3 2.2 研發密度、營運效率與公司價值的關係 4 2.3 競爭策略與公司價值的關係 5 2.4 研究假說 8 第三章 研究方法 11 3.1 策略的劃分 11 3.2 變數的衡量 12 3.3 資料來源 14 3.4 研究模型 15 第四章 實證結果 16 4.1 敘述性統計與相關係數矩陣 16 4.2 迴歸結果 21 第五章 結論與研究限制 24 5.1 結論 24 5.2 研究限制 25 參考文獻 26 | - |
| dc.language.iso | zh_TW | - |
| dc.subject | 研發密度 | zh_TW |
| dc.subject | 波特的競爭策略 | zh_TW |
| dc.subject | 公司競爭策略 | zh_TW |
| dc.subject | 營運效率 | zh_TW |
| dc.subject | Tobin’s Q | zh_TW |
| dc.subject | R&D intensity | en |
| dc.subject | Tobin’s Q | en |
| dc.subject | company’s competitive strategy | en |
| dc.subject | Porter’s competitive strategy | en |
| dc.subject | operational efficiency | en |
| dc.title | 公司競爭策略與獲利的關係 | zh_TW |
| dc.title | The Investigation on Company's Competitive Strategy and Profitability | en |
| dc.type | Thesis | - |
| dc.date.schoolyear | 111-2 | - |
| dc.description.degree | 碩士 | - |
| dc.contributor.oralexamcommittee | 盧佳琪;洪偉峰 | zh_TW |
| dc.contributor.oralexamcommittee | Chia-Chi Lu;Wei-Feng Hung | en |
| dc.subject.keyword | 波特的競爭策略,公司競爭策略,研發密度,營運效率,Tobin’s Q, | zh_TW |
| dc.subject.keyword | Porter’s competitive strategy,company’s competitive strategy,R&D intensity,operational efficiency,Tobin’s Q, | en |
| dc.relation.page | 29 | - |
| dc.identifier.doi | 10.6342/NTU202301329 | - |
| dc.rights.note | 同意授權(限校園內公開) | - |
| dc.date.accepted | 2023-07-14 | - |
| dc.contributor.author-college | 管理學院 | - |
| dc.contributor.author-dept | 財務金融學系 | - |
| dc.date.embargo-lift | 2028-07-12 | - |
| 顯示於系所單位： | 財務金融學系 | |
文件中的檔案：
| 檔案 | 大小 | 格式 | |
|---|---|---|---|
| ntu-111-2.pdf 未授權公開取用 | 1.58 MB | Adobe PDF | 檢視/開啟 |
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。