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題名 基於4C交易成本架構之財經公關服務模式設計:台灣資本市場的營運策略研究
Designing a Financial Public Relations Service Model Based on the 4C Transaction Cost Framework: Strategic Operational Insights from Taiwan’s Capital Market
作者 王琪瑾
貢獻者 巫立宇<br>白佩玉
王琪瑾
關鍵詞 財經公關
投資人關係
4C策略行銷
創業計畫
交易成本
營運模式
資本市場溝通
台灣上市櫃企業
Financial Public Relations
Investor Relations
4C Marketing Framework
Strategic Communication
Capital Market
Entrepreneurial Planning
Taiwan
日期 2025
上傳時間 1-Jul-2025 14:23:21 (UTC+8)
摘要 隨著資本市場快速發展與資訊透明化要求升高,企業對外溝通的角色日益關鍵,特別是在金融市場中,投資人關係(Investor Relations, IR)與媒體互動策略已成為企業聲譽管理與股價穩定的核心工具。本研究聚焦財經公關(Financial Public Relations, FPR)在台灣市場的應用與產業發展潛力,導入邱志聖(2020)所提出的4C策略行銷架構--外顯單位效益成本(C1)、資訊搜尋成本(C2)、道德危機成本(C3)、專屬陷入成本(C4)--作為理論基礎,重新設計符合交易成本觀點的FPR服務模式與營運架構。 研究發現,台灣目前已有超過2,200家上市、上櫃與興櫃公司,但專門提供IR與財經傳播服務的公關公司數量不足五家,市場供需高度失衡,顯示出潛在需求未被有效滿足。此外,FPR的專業內涵不僅限於撰寫新聞稿與財報簡報,更涵蓋資訊落差管理、媒體應對策略擬定與市場信任建構等高階顧問功能。 本研究透過文獻分析與市場調查,歸納出台灣財經公關產業所面臨的制度、信任與人才三大挑戰,並依據4C策略邏輯重構服務內容,設計具模組化、制度化與信任導向的營運模式,最終提出一份具可執行性之財經公關公司營運計畫,涵蓋市場定位、服務架構、組織流程與財務預測,期望提供有志投入該產業之創業者或轉型業者具體參考與策略藍圖。
As capital markets evolve rapidly and corporate transparency becomes increasingly vital, external communication has emerged as a strategic function—particularly in the realm of investor relations (IR) and media engagement. These functions now serve as critical levers for managing corporate reputation and stabilizing stock valuation. This study focuses on the development and application potential of the Financial Public Relations (FPR) industry in Taiwan. It adopts the 4C strategic marketing framework proposed by Jyh-Sheng Chiou (2014)—Customer Benefit (C1), Information Search Cost (C2), Ethical Risk (C3), and Lock-in Cost (C4)—as a theoretical foundation for redesigning FPR service models and operational architecture. The study reveals a notable structural gap: despite more than 2,200 listed and emerging companies in Taiwan, fewer than five firms specialize in providing IR and financial communications services. This indicates a significant market void and unmet demand. Furthermore, FPR expertise extends beyond financial disclosure and press releases—it encompasses information asymmetry management, media risk strategies, and trust-building within capital markets. Through literature analysis and market data synthesis, this research identifies the systemic challenges and strategic opportunities facing Taiwan’s FPR industry. It then applies the 4C framework to reconstruct the FPR service model and business strategy. The study culminates in a feasible business plan for a financial PR firm—complete with market positioning, modular service design, operational workflow, and financial forecasting—serving as a practical blueprint for entrepreneurs and industry entrants seeking to professionalize and scale this emerging sector.
參考文獻 邱志聖(2020)。策略行銷分析:架構與實務應用,第五版,台北市:智勝文化事業有限公司。行政院國家發展委員會(2023)。臺灣資本市場發展報告(2022年版)。取自 https://www.ndc.gov.tw/ 臺灣證券交易所(2022)。公司治理3.0政策綱要。取自 https://www.twse.com.tw/zh/page/about/company_governance_3_0.html 財團法人中華民國證券櫃檯買賣中心(2023)。我國上櫃公司永續揭露趨勢統計報告。取自 https://www.tpex.org.tw/ 證券暨期貨市場發展基金會(2023)。公開資訊觀測站統計資料查詢。取自 https://mops.twse.com.tw 彭錦鵬(2016)。危機傳播策略與企業聲譽管理研究:以台灣上市公司為例。傳播與管理研究, 15(2), 1–28。 林育昌(2017)。投資人關係(IR)在企業財務傳播中的角色探討。財經研究月刊, 35(3), 33–47。 American Psychological Association. (2020). Publication manual of the American Psychological Association (7th ed.). American Psychological Association. Argenti, P. A. (2007). Corporate communication (4th ed.). McGraw-Hill Education. Bloomberg. (2024). Global ESG disclosure trend report. Retrieved from https://www.bloomberg.com/ Cornelissen, J. (2020). Corporate communication: A guide to theory and practice (6th ed.). SAGE Publications. Edelman. (2023). Edelman trust barometer: Global report 2023. Retrieved from https://www.edelman.com/research/trust-barometer Grunig, J. E., & Hunt, T. (1984). Managing public relations. Holt, Rinehart and Winston. Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2017). Strategic management: Competitiveness and globalization (12th ed.). Cengage Learning. Kotler, P., & Keller, K. L. (2016). Marketing management (15th ed.). Pearson Education. Luo, X., & Bhattacharya, C. B. (2009). The debate over doing good: Corporate social performance, strategic marketing levers, and firm-idiosyncratic risk. Journal of Marketing, 73(6), 198–213. https://doi.org/10.1509/jmkg.73.6.198 Mintzberg, H. (1994). The rise and fall of strategic planning. Free Press. Osterwalder, A., & Pigneur, Y. (2010). Business model generation: A handbook for visionaries, game changers, and challengers. John Wiley & Sons. Porter, M. E. (1985). Competitive advantage: Creating and sustaining superior performance. Free Press. PwC Taiwan. (2023). Taiwan ESG disclosure readiness report. Retrieved from https://www.pwc.tw/ Sirmon, D. G., Hitt, M. A., Ireland, R. D., & Gilbert, B. A. (2011). Resource orchestration to create competitive advantage: Breadth, depth, and life cycle. Journal of Management, 37(5), 1390–1412. https://doi.org/10.1177/0149206310385695 Yin, R. K. (2018). Case study research and applications: Design and methods (6th ed.). SAGE Publications.
描述 碩士
國立政治大學
經營管理碩士學程(EMBA)
112932039
資料來源 http://thesis.lib.nccu.edu.tw/record/#G0112932039
資料類型 thesis
dc.contributor.advisor 巫立宇<br>白佩玉zh_TW
dc.contributor.author (Authors) 王琪瑾zh_TW
dc.creator (作者) 王琪瑾zh_TW
dc.date (日期) 2025en_US
dc.date.accessioned 1-Jul-2025 14:23:21 (UTC+8)-
dc.date.available 1-Jul-2025 14:23:21 (UTC+8)-
dc.date.issued (上傳時間) 1-Jul-2025 14:23:21 (UTC+8)-
dc.identifier (Other Identifiers) G0112932039en_US
dc.identifier.uri (URI) https://nccur.lib.nccu.edu.tw/handle/140.119/157697-
dc.description (描述) 碩士zh_TW
dc.description (描述) 國立政治大學zh_TW
dc.description (描述) 經營管理碩士學程(EMBA)zh_TW
dc.description (描述) 112932039zh_TW
dc.description.abstract (摘要) 隨著資本市場快速發展與資訊透明化要求升高,企業對外溝通的角色日益關鍵,特別是在金融市場中,投資人關係(Investor Relations, IR)與媒體互動策略已成為企業聲譽管理與股價穩定的核心工具。本研究聚焦財經公關(Financial Public Relations, FPR)在台灣市場的應用與產業發展潛力,導入邱志聖(2020)所提出的4C策略行銷架構--外顯單位效益成本(C1)、資訊搜尋成本(C2)、道德危機成本(C3)、專屬陷入成本(C4)--作為理論基礎,重新設計符合交易成本觀點的FPR服務模式與營運架構。 研究發現,台灣目前已有超過2,200家上市、上櫃與興櫃公司,但專門提供IR與財經傳播服務的公關公司數量不足五家,市場供需高度失衡,顯示出潛在需求未被有效滿足。此外,FPR的專業內涵不僅限於撰寫新聞稿與財報簡報,更涵蓋資訊落差管理、媒體應對策略擬定與市場信任建構等高階顧問功能。 本研究透過文獻分析與市場調查,歸納出台灣財經公關產業所面臨的制度、信任與人才三大挑戰,並依據4C策略邏輯重構服務內容,設計具模組化、制度化與信任導向的營運模式,最終提出一份具可執行性之財經公關公司營運計畫,涵蓋市場定位、服務架構、組織流程與財務預測,期望提供有志投入該產業之創業者或轉型業者具體參考與策略藍圖。zh_TW
dc.description.abstract (摘要) As capital markets evolve rapidly and corporate transparency becomes increasingly vital, external communication has emerged as a strategic function—particularly in the realm of investor relations (IR) and media engagement. These functions now serve as critical levers for managing corporate reputation and stabilizing stock valuation. This study focuses on the development and application potential of the Financial Public Relations (FPR) industry in Taiwan. It adopts the 4C strategic marketing framework proposed by Jyh-Sheng Chiou (2014)—Customer Benefit (C1), Information Search Cost (C2), Ethical Risk (C3), and Lock-in Cost (C4)—as a theoretical foundation for redesigning FPR service models and operational architecture. The study reveals a notable structural gap: despite more than 2,200 listed and emerging companies in Taiwan, fewer than five firms specialize in providing IR and financial communications services. This indicates a significant market void and unmet demand. Furthermore, FPR expertise extends beyond financial disclosure and press releases—it encompasses information asymmetry management, media risk strategies, and trust-building within capital markets. Through literature analysis and market data synthesis, this research identifies the systemic challenges and strategic opportunities facing Taiwan’s FPR industry. It then applies the 4C framework to reconstruct the FPR service model and business strategy. The study culminates in a feasible business plan for a financial PR firm—complete with market positioning, modular service design, operational workflow, and financial forecasting—serving as a practical blueprint for entrepreneurs and industry entrants seeking to professionalize and scale this emerging sector.en_US
dc.description.tableofcontents 第一章 緒論 1 第一節 研究動機 1 第二節 研究目的 3 第三節 研究方法與流程 4 第二章 理論與策略基礎 6 第一節 財經公關的理論定位與核心功能 6 第二節 4C策略行銷架構 8 第三節 4C構面在財經公關的應用解析 10 第三章 台灣財經公關產業現況分析 13 第一節 市場規模與結構分布 13 第二節 客戶類型與需求特性 14 第三節 現有服務模式與挑戰 16 第四章 4C導向的財經公關服務模式設計 18 第一節 設計理念與原則 18 第二節 服務內容設計與對應策略 19 第五章 財經公關公司營運計畫書 22 第一節 商業定位與核心策略 22 第二節 商業模式九宮格設計 23 第三節 組織規劃與人才配置設計 25 第四節 財務規劃與收支預估模型設計 28 第五節 營運節奏與資源擴張規劃 33 第六章 結論與未來發展 35 第一節 研究總結與架構回顧 35 第二節 關鍵貢獻與實務意涵 36 第三節 未來發展方向 37 參考文獻 38zh_TW
dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#G0112932039en_US
dc.subject (關鍵詞) 財經公關zh_TW
dc.subject (關鍵詞) 投資人關係zh_TW
dc.subject (關鍵詞) 4C策略行銷zh_TW
dc.subject (關鍵詞) 創業計畫zh_TW
dc.subject (關鍵詞) 交易成本zh_TW
dc.subject (關鍵詞) 營運模式zh_TW
dc.subject (關鍵詞) 資本市場溝通zh_TW
dc.subject (關鍵詞) 台灣上市櫃企業zh_TW
dc.subject (關鍵詞) Financial Public Relationsen_US
dc.subject (關鍵詞) Investor Relationsen_US
dc.subject (關鍵詞) 4C Marketing Frameworken_US
dc.subject (關鍵詞) Strategic Communicationen_US
dc.subject (關鍵詞) Capital Marketen_US
dc.subject (關鍵詞) Entrepreneurial Planningen_US
dc.subject (關鍵詞) Taiwanen_US
dc.title (題名) 基於4C交易成本架構之財經公關服務模式設計:台灣資本市場的營運策略研究zh_TW
dc.title (題名) Designing a Financial Public Relations Service Model Based on the 4C Transaction Cost Framework: Strategic Operational Insights from Taiwan’s Capital Marketen_US
dc.type (資料類型) thesisen_US
dc.relation.reference (參考文獻) 邱志聖(2020)。策略行銷分析:架構與實務應用,第五版,台北市:智勝文化事業有限公司。行政院國家發展委員會(2023)。臺灣資本市場發展報告(2022年版)。取自 https://www.ndc.gov.tw/ 臺灣證券交易所(2022)。公司治理3.0政策綱要。取自 https://www.twse.com.tw/zh/page/about/company_governance_3_0.html 財團法人中華民國證券櫃檯買賣中心(2023)。我國上櫃公司永續揭露趨勢統計報告。取自 https://www.tpex.org.tw/ 證券暨期貨市場發展基金會(2023)。公開資訊觀測站統計資料查詢。取自 https://mops.twse.com.tw 彭錦鵬(2016)。危機傳播策略與企業聲譽管理研究:以台灣上市公司為例。傳播與管理研究, 15(2), 1–28。 林育昌(2017)。投資人關係(IR)在企業財務傳播中的角色探討。財經研究月刊, 35(3), 33–47。 American Psychological Association. (2020). Publication manual of the American Psychological Association (7th ed.). American Psychological Association. Argenti, P. A. (2007). Corporate communication (4th ed.). McGraw-Hill Education. Bloomberg. (2024). Global ESG disclosure trend report. Retrieved from https://www.bloomberg.com/ Cornelissen, J. (2020). Corporate communication: A guide to theory and practice (6th ed.). SAGE Publications. Edelman. (2023). Edelman trust barometer: Global report 2023. Retrieved from https://www.edelman.com/research/trust-barometer Grunig, J. E., & Hunt, T. (1984). Managing public relations. Holt, Rinehart and Winston. Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2017). Strategic management: Competitiveness and globalization (12th ed.). Cengage Learning. Kotler, P., & Keller, K. L. (2016). Marketing management (15th ed.). Pearson Education. Luo, X., & Bhattacharya, C. B. (2009). The debate over doing good: Corporate social performance, strategic marketing levers, and firm-idiosyncratic risk. Journal of Marketing, 73(6), 198–213. https://doi.org/10.1509/jmkg.73.6.198 Mintzberg, H. (1994). The rise and fall of strategic planning. Free Press. Osterwalder, A., & Pigneur, Y. (2010). Business model generation: A handbook for visionaries, game changers, and challengers. John Wiley & Sons. Porter, M. E. (1985). Competitive advantage: Creating and sustaining superior performance. Free Press. PwC Taiwan. (2023). Taiwan ESG disclosure readiness report. Retrieved from https://www.pwc.tw/ Sirmon, D. G., Hitt, M. A., Ireland, R. D., & Gilbert, B. A. (2011). Resource orchestration to create competitive advantage: Breadth, depth, and life cycle. Journal of Management, 37(5), 1390–1412. https://doi.org/10.1177/0149206310385695 Yin, R. K. (2018). Case study research and applications: Design and methods (6th ed.). SAGE Publications.zh_TW