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| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 廖咸興 | |
| dc.contributor.author | Shih-Hang Chen | en |
| dc.contributor.author | 陳世航 | zh_TW |
| dc.date.accessioned | 2021-06-16T02:40:32Z | - |
| dc.date.available | 2020-07-29 | |
| dc.date.copyright | 2015-07-29 | |
| dc.date.issued | 2015 | |
| dc.date.submitted | 2015-07-22 | |
| dc.identifier.citation | Ambrose, B. W., & Megginson, W. L. (1992). The role of asset structure, ownership structure, and takeover defenses in determining acquisition likelihood. Journal of Financial and Quantitative Analysis, 27(04), 575-589.
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| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/54113 | - |
| dc.description.abstract | 信用風險是近年來財務熱門的研究主題之一，過去文獻較著重於公司本身財務變數或總體經濟變數對於企業信用風險的影響。本研究以產業供應鏈的角度切入，進一步探討供應鏈廠商經營權轉移風險對於企業自身信用風險的影響。本研究蒐集了2001年至2011年美國公司債年資料，針對公司債信用利差進行橫斷面追蹤資料迴歸分析。實證結果發現，在控制公司特徵變數以及債券特徵變數並進行穩健性檢查後，上游廠商被併購機率與企業自身信用風險成正向關係。而下游廠商被併購機率與企業自身信用風險之正向關係在控制公司特徵變數以及債券特徵變數之下並不如上游廠商般穩健。 | zh_TW |
| dc.description.abstract | This study investigates the effects of suppliers’/ customers’ takeover probability on firm’s bond yield spreads by employing the data of American corporate bond from 2001 to 2011. The empirical results show that the suppliers’ takeover probability effects significantly explain a firm’s bond yield spreads. In addition, this result is robust when controlling for other well-known firm specific variables. However, the result of customer side is not always significant although the relationships between firm’s bond yield spread and customers’ takeover probability are positive both in empirical analysis or robustness check. | en |
| dc.description.provenance | Made available in DSpace on 2021-06-16T02:40:32Z (GMT). No. of bitstreams: 1 ntu-104-R02723031-1.pdf: 2193879 bytes, checksum: aaaa127cb24ea867c8613c81a3f93735 (MD5) Previous issue date: 2015 | en |
| dc.description.tableofcontents | 誌謝 i
摘要 ii Abstract iii 第一章 概述 1 第二章 研究假說 5 第三章 研究樣本與研究方法 7 3.1 資料來源與樣本篩選 7 3.2公司財務會計變數 7 3.2.1.邏輯迴歸相關變數 8 3.2.2.橫斷面追蹤資料主要變數 10 3.2.3.橫斷面追蹤資料控制變數 11 3.3 敘述統計 14 3.4 研究方法 16 第四章 實證結果與分析 18 4.1顧客被併購機率對公司債信用利差影響之實證結果 18 4.2供應商被併購機率對公司債信用利差影響之實證結果 19 4.3穩健性檢查(Robustness Check) 20 第五章 結論 22 參考文獻 23 | |
| dc.language.iso | zh-TW | |
| dc.subject | 信用風險 | zh_TW |
| dc.subject | 被併購機率 | zh_TW |
| dc.subject | 公司債利差 | zh_TW |
| dc.subject | 公司債利差 | zh_TW |
| dc.subject | 信用風險 | zh_TW |
| dc.subject | 被併購機率 | zh_TW |
| dc.subject | Yield spread | en |
| dc.subject | Yield spread | en |
| dc.subject | Takeover probability | en |
| dc.subject | Credit risk | en |
| dc.subject | Credit risk | en |
| dc.subject | Takeover probability | en |
| dc.title | 供應鏈廠商被併購風險與企業信用風險 | zh_TW |
| dc.title | Suppliers’ and Customers’ Takeover Probability and Corporate Bond Yield Spreads | en |
| dc.type | Thesis | |
| dc.date.schoolyear | 103-2 | |
| dc.description.degree | 碩士 | |
| dc.contributor.oralexamcommittee | 陳宗岡,陳彥行 | |
| dc.subject.keyword | 信用風險,公司債利差,被併購機率, | zh_TW |
| dc.subject.keyword | Credit risk,Yield spread,Takeover probability, | en |
| dc.relation.page | 39 | |
| dc.rights.note | 有償授權 | |
| dc.date.accepted | 2015-07-22 | |
| dc.contributor.author-college | 管理學院 | zh_TW |
| dc.contributor.author-dept | 財務金融學研究所 | zh_TW |
| 顯示於系所單位： | 財務金融學系 | |
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| ntu-104-1.pdf 未授權公開取用 | 2.14 MB | Adobe PDF |
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