The dawn of international banking has already sparked some of the most
well known mergers in the financial industry. Following the recent merger waves
of the major developed economies, Taiwan¡¦s industry also engages merger and
acquisitions to pursue external growth. Firms may merge for various reasons and
generates totally different result in shareholder¡¦s wealth. Thus, capture the factors
which drive the merger activity is very critical issue to all the participants of
Taiwan¡¦s equity market.
The objective of this study is to analyze the determents of target selection in
the merger and acquisition activity in Taiwan¡¦s financial industry. The subject
what the research are going to study and development. There is acquired
Cooperative Association what characteristics are owned.
Logit regression is utilized to investigate a sample of 12 listed firms which
engaged mergers after the government has passed the Financial Merger
Institutions Law over the period from 2000 to 2007. Consistent with literature of
merger and acquisitions, the empirical result suggests that the firms with weaker
debt structure, good loan quality and Capital Adequacy, to become good targets.
| Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0911107-165357 |
| Date | 11 September 2007 |
| Creators | Chung, Tsai-hua |
| Contributors | none, Hwei-an Tsai, none |
| 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-0911107-165357 |
| Rights | not_available, Copyright information available at source archive |
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