After the liberalization of the market , there will be the surge of competitors and price competition. In the end, the market will go to M&A. In the begin, there are seven competitors in Taiwan¡¦s communication industry. After the M&A, the market divided into three giant groups, Chunghwa Telecom Co., Ltd,Taiwan Mobile Co., Ltd and Far EasTone Co., Ltd.
The traditional models in evaluating the stock exchange ratio in M&A is to evaluate the target company and buying them out. In this paper, we adopting game theoretic
ain sharing model to re-evaluate the stock exchange ratio in profit generating and distribution . The result is that the net income is the proper variable to evaluate the stock exchange ratio in Taiwan¡¦s communication industry.
Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0624105-113934 |
Date | 24 June 2005 |
Creators | Tsai, Tsung-hsien |
Contributors | Jen-Jsung Huang, Yue-Shan Chang, Ying-fang Huang |
Publisher | NSYSU |
Source Sets | NSYSU Electronic Thesis and Dissertation Archive |
Language | Cholon |
Detected Language | English |
Type | text |
Format | application/pdf |
Source | http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0624105-113934 |
Rights | campus_withheld, Copyright information available at source archive |
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