碩士 / 義守大學 / 管理研究所碩士班 / 93 / As the world financial becomes more globalized, the process of internalization of business in Taiwan is accelerated during recent years. To raise capital from foreign securities have become popular. At present, Global Depositary Receipt（GDR）and European Convertible Bond（ECB）are the major issuers tools in business.
This study examines 82 samples (22 GDR and 60 ECB) by issuing overseas financial companies during 1999 to 2003 and analyzes the Five Power Analysis by the most used 22 financial ratios in business. The research bases upon the t-test and F-test statistical methods to want to know 4 questions which are（1）To know the GDR significant operating performance for each individual business before and after financing.（2）To know the ECB significant operating performance for each individual business before and after financing.（3）To know the differences of categorize sample companies significant operating performance in financing ways.（4）To know the differences of operating performance significant for individual business in different financing ways.
Results of the study are as follows：（1）The differences of operating performance of GDR or ECB are significant for individual business, and GDR is better thn ECB in the whole financial performance.（2）The differences of categorize sample companies are not significant for GDR or ECB, it’s the main emphasis on the whole operating performance.（3）In different financing ways, the operating performance are both significant and GDR is better than ECB by Five Power Analysis. But about the low current ratio、high fianical leverage structure and chasing high growth business tends to ECB.
| Identifer | oai:union.ndltd.org:TW/093ISU05121054 |
| Date | January 2005 |
| Creators | Yi-hui Lin, 林宜慧 |
| Contributors | Jau-rong Li, Shoiw-mei Tseng, 李昭蓉, 曾秀梅 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 124 |
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