碩士 / 國立屏東科技大學 / 財務金融研究所 / 96 / This study emphasizes on the determinants of issuing domestic and foreign securities which are global depository receipts, euro convertible bonds, seasoned equity offerings, and convertible bonds. There are 412 samples of Taiwan’s listed companies from 2003 to 2006. This research is based on the multinomial logit model. The empirical results support that large companies and the companies with better growth opportunities prefer financing abroad. Besides, the companies with higher financial leverage and profitability tend to select issuing domestic securities. In addition, the foreign exchange rate is related to the choice of financing in foreign markets.
Identifer | oai:union.ndltd.org:TW/096NPUS5304016 |
Date | January 2008 |
Creators | Ya-Hsuan Liao, 廖亞旋 |
Contributors | Kui-Hui Lin, 林坤輝 |
Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
Language | zh-TW |
Detected Language | English |
Type | 學位論文 ; thesis |
Format | 32 |
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