The Study of Taiwan IC Design House Oversea IPO Financing- Evidence from H Company / 台灣IC設計公司海外上市籌資研究-以H公司為例

碩士 / 國立交通大學 / 管理學院碩士在職專班經營管理組 / 95 / The scale of the IC design industry in Taiwan is ranked second in the whole world, next to the U.S., and it also becomes the focus of local and international investors. Multi-functional fund-raising instruments in foreign capital markets and global competition factors attract the attention of Taiwn IC design houses, and persuade them to list in the foreign capital markets directly. The purpose of oversea listing is to increase the operating growth and increase the stocks’ value. Operating growth and high stock value also attract talented employees.

The research method of this thesis is through real case studies and analyses to explore the planning of oversea fund raising, the instruments of fund raising, and the use of its proceeds to Taiwan IC design houses. It also combines reference researches to study the factors that influence the decisions of fund raising in capital markets for IC design houses.

The key conclusions of this thesis are as follows:
1.To Taiwan IC design houses, the major consideration of oversea listing falls on global competition strategy, instead of cost of capital.
2.Oversea listing is not always successful as originally thought and the risk must be undertaken by corporation itself and stockholders.
3.The potential high growth IC deign houses may have more choices to choose the markets they want to issue financial instruments.

Identiferoai:union.ndltd.org:TW/095NCTU5457148
Date January 2007
CreatorsChun-Yang Wang, 王君仰
ContributorsChyan Yang, 楊千
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format70

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