dc.contributor.advisor | 陳隆麒<br>姜堯民 | zh_TW |
dc.contributor.author (作者) | 黃柏凱 | zh_TW |
dc.creator (作者) | 黃柏凱 | zh_TW |
dc.date (日期) | 2007 | en_US |
dc.date.accessioned | 8-十二月-2010 13:21:58 (UTC+8) | - |
dc.date.available | 8-十二月-2010 13:21:58 (UTC+8) | - |
dc.date.issued (上傳時間) | 8-十二月-2010 13:21:58 (UTC+8) | - |
dc.identifier (其他 識別碼) | G0903555111 | en_US |
dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/49539 | - |
dc.description (描述) | 博士 | zh_TW |
dc.description (描述) | 國立政治大學 | zh_TW |
dc.description (描述) | 企業管理研究所 | zh_TW |
dc.description (描述) | 90355511 | zh_TW |
dc.description (描述) | 96 | zh_TW |
dc.description.abstract (摘要) | 本研究以高科技與傳統製造業新上市公司為對象,建構企業體質鑑別模型,此模型除了可以用來評估新上市公司的體質外,專家所認定的重要體質評估構面更可引導後續研究者進行深入探討,並發展相關衡量指標。為建構高科技與傳統製造業新上市公司的企業體質鑑別模型,本研究根據文獻探討和專家訪談的結果得到經營實力、公司治理、機構認證及財務績效等四個體質評估構面,及相關衡量指標,並透過迴歸分析確認衡量指標符合各構面的意涵。將評估構面與合適的衡量指標建構成的層級架構後,本研究依據分析層級程序法(analytic hierarchy process, AHP)設計問卷,請業界專家評估各層級要素的相對重要性,以得到各層級要素的相對權重,並完成最終的企業體質鑑別模型。從模型有效性驗證的結果得知,本研究所發展出的體質鑑別模型的確對新上市公司的上市後表現有顯著鑑別力,因此證實此模型的確有助於投資決策的進行。從高科技新上市公司的體質鑑別模型可以得知,經營實力是專家最重視的體質評估構面,後面依序是公司治理、財務績效與中介機構認證構面。在經營實力構面,以人力資本的重要性最高,其次是創新資本、關係資本與流程資本。在公司治理構面,專家最重視的是機構投資人的持股比率,但關係的方向並不支持機構投資人具監督功能。外部董事席次比例則是公司治理構面中,最不受重視的指標,而實證結果顯示該指標與企業體質呈負相關,因此支持高科技新上市公司對董事會的專業服務需求高過監督功能。在傳統產業,專家亦均認經營實力是最重要的體質評估構面,後面依序是財務績效、公司治理與機構認證。在經營實力構面,專家最重視創新資本,後續則是流程資本、人力資本和關係資本。在財務績效構面,利潤力構面雖最受重視,但專家的共識度不高,反而是均認為營收成長是最不重要的構面,這個結果表示,專家認為傳統產業新上市公司應致力於效率的提升和成本的降低,而非企業成長。 | zh_TW |
dc.description.tableofcontents | 第壹章 緒論 1 第一節 研究動機與目的 2 第二節 研究範圍與限制 4 第三節 研究流程與論文架構 6第貳章 文獻探討 9 第一節 首度公開上市相關文獻探討 10 第二節 無形資產相關文獻探討 17 第三節 公司治理文獻探討 32 第四節 專家訪談分析 41第參章 研究設計 45 第一節 首度公開上市公司之企業體質鑑別模型建構 47 第二節 體質評估指標與企業體質之關係驗證方法 71 第三節 體質鑑別模型有效性測試 77第肆章 研究分析與討論 79 第一節 操作化指標與企業體質之關聯測試 80 第二節 專家意見分析結果 137 第三節 體質鑑別模型之有效性測試結果分析 151第伍章 結論與建議 163 第一節 結論 163 第二節 建議 167參考文獻 169 中文部分 169 英文部分 171附錄 182 | 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/#G0903555111 | en_US |
dc.subject (關鍵詞) | 分析層級程序法 | zh_TW |
dc.subject (關鍵詞) | 企業體質 | zh_TW |
dc.subject (關鍵詞) | 首度上市 | zh_TW |
dc.subject (關鍵詞) | 迴歸分析 | zh_TW |
dc.subject (關鍵詞) | AHP | en_US |
dc.subject (關鍵詞) | Quality of firm | en_US |
dc.subject (關鍵詞) | IPO | en_US |
dc.subject (關鍵詞) | Regression analysis | en_US |
dc.title (題名) | 上市公司企業體質鑑別模型之建構—以製造業首度上市公司為例 | zh_TW |
dc.type (資料類型) | thesis | en |
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