| dc.contributor.advisor | 胡聯國 | zh_TW |
| dc.contributor.advisor | Hu, Len Kuo | en_US |
| dc.contributor.author (Authors) | 徐士博 | zh_TW |
| dc.contributor.author (Authors) | Hsu, Shih Po | en_US |
| dc.creator (作者) | 徐士博 | zh_TW |
| dc.creator (作者) | Hsu, Shih Po | en_US |
| dc.date (日期) | 2005 | en_US |
| dc.date.accessioned | 18-Sep-2009 14:09:37 (UTC+8) | - |
| dc.date.available | 18-Sep-2009 14:09:37 (UTC+8) | - |
| dc.date.issued (上傳時間) | 18-Sep-2009 14:09:37 (UTC+8) | - |
| dc.identifier (Other Identifiers) | G0093351003 | en_US |
| dc.identifier.uri (URI) | https://nccur.lib.nccu.edu.tw/handle/140.119/35098 | - |
| dc.description (描述) | 碩士 | zh_TW |
| dc.description (描述) | 國立政治大學 | zh_TW |
| dc.description (描述) | 國際經營與貿易研究所 | zh_TW |
| dc.description (描述) | 93351003 | zh_TW |
| dc.description (描述) | 94 | zh_TW |
| dc.description.abstract (摘要) | 本文研究的是公司的所有權結構對於合併關係的影響，衡量是否在雙方銀行持股結構差異較大時，雙方合併的綜效或風險會因此而增加。本研究的另一項重點，在於試圖對一些在股權結構上的傳統認知提出挑戰。我們往往認為政府持股比率越高時，企業整體的營運會趨於無效率化；而當法人或金融機構持股比率較高時，這些公司較能夠用公正的立場來監督董事會或是企業經營的成果；而家族持股比率部分，說法則正反不一。本部分研究與其他類似研究的最大不同點，是挑選了台灣近年蓬勃發展的銀行業，希望能在此高度受到管制的行業當中，找出證據證明或是反駁上述的刻板印象。經過研究與分析之後我們發現，家族以及政府機關持股比率對銀行的發展存在不良影響，然而我們卻缺乏顯著證據證明金融機構持股比率將有利於銀行合併。最後，在本研究中代表部分文化差異的持股結構差異變數，對於銀行在合併前後的提列呆帳準備、稅前淨利以及營運成本有顯著的不良影響，符合本研究的基本假設。 | zh_TW |
| dc.description.abstract (摘要) | This paper is to examine the relationship between corporate ownership structure and mergers & acquisitions, and to comprehend whether the “Ownership Distance” will affect the synergy or the risk during corporate mergers & acquisitions. Moreover, we study the conventional wisdom of relationship between ownership structure and corporate governance. Traditionally, we are usually accepted the idea that government controlling companies will result in operating inefficiency, and institutional shareholders are more impartial auditors. First, our results in sample of Taiwan banking industry indicate that the family and government shareholders are harmful to corporate governance, and the result of financial institutional shareholders is uncertain. Second, we find evidence that the “Ownership Distance” which roughly describes culture distance between merger companies will have a negative impact on several income statement components such as “provisions”, “earning before tax”, and “overhead cost”. The result is cohered with our hypothesis. | en_US |
| dc.description.tableofcontents | 第一章、緒論 6 第一節、研究動機 6 第二節、研究目的 7第二章、 文獻探討 9 第一節、合併與收購的相關研究 9 第二節、組織文化與企業的經營 13 第三節、文化上的衝擊以及其對於合併收購的負面影響 14 第四節、股權結構 14 第五節、股權結構與組織文化、企業文化 16 第六節、合併與收購存在著負面效果 16第三章、 資料蒐集與研究方法 18 第一節、資料來源與蒐集時間 18 第二節、研究方法 21 研究一：銀行之營運績效與股權結構之分析 21 研究二：以股權結構分析文化面的衝突對於銀行合併的影響 24第四章、 實證結果 30 第一節、銀行之營運績效與股權結構之實證結果分析 30 第二節、以股權結構分析文化面的衝突對於銀行合併的實證結果影響 34第五章、 結論與建議 41 第一節、研究結論 41 第二節、對後續研究之建議 41第六章、 參考文獻 43表格目錄表格 一、國內樣本銀行列表 21表格 二、台灣所有銀行損益表項目之敘述統計資料 30表格 三、台灣所有銀行不同持股組織之相關性 30表格 四、2004年銀行併購案 35表格 五、持股結構差異因子，相關係數表 39表格 六、損益表各項目之變化率與該銀行股權結構之迴歸分析表 47表格 七、損益表各項目之變化率與該銀行合併後股權結構之迴歸分析表 48表格 八、損益表各項目之變化率與該銀行落後一期股權結構之迴歸分析表 49表格 九、損益表各項目變化率與該銀行落後一期合併後股權結構之迴歸分析表 50表格 十、 損益表各項目變異數變化率與該銀行文化差異等解釋變數之迴歸分析表 51表格 十一、損益表各項目期望值變化率與該銀行持股結構差異等解釋變數之迴歸分析表 52圖表目錄圖表 1、持股結構差異對銀行損益表項目合併前後變異數之影響 36圖表 2、持股結構差異對銀行損益表項目期望值合併前後之影響 38圖表 3、銀行合併案例之來源國圖示 38圖表 4、銀行合併案例之合併方式 39 | zh_TW |
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| dc.language.iso | en_US | - |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#G0093351003 | en_US |
| dc.subject (關鍵詞) | 銀行合併 | zh_TW |
| dc.subject (關鍵詞) | 股權結構 | zh_TW |
| dc.subject (關鍵詞) | 文化差異 | zh_TW |
| dc.subject (關鍵詞) | Bank Merger | en_US |
| dc.subject (關鍵詞) | Ownership Structure | en_US |
| dc.subject (關鍵詞) | Culture Distance | en_US |
| dc.title (題名) | 企業合併與股權結構的關係研究─以銀行業為例 | zh_TW |
| dc.title (題名) | Research of Mergers & Acquisitions and Ownership Structure - Subject to Banking Industry | en_US |
| dc.type (資料類型) | thesis | en |
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