碩士 / 國立臺灣科技大學 / 財務金融研究所 / 96 / In advance of enterprises globalization, foreign stock listing becomes a popular method for Taiwan listing companies for raising their funds in overseas. Both issuing tools – Euro Convertible Bonds (ECB) and Depository Receipts (DR) are mostly adopted by Taiwan listing companies.
In the first stage of this research, using Logistic Regression Analysis to explore the variable factors affecting those listing companies’ decision – issuer tools either with ECB or DR. The second stage is inquiring the performance of those listing companies after issuing ECB or DR for two years.
The result of first studied showed that variable factors of average average interest rate, foreign exchange rate, rate of returns of stockholder’s equity, influenced when Taiwan listing companies issued ECB; price to net value ratio, directors’ and large shareholders’ holding ratio affected when issuing DR. The result of second studied showed that after financing overseas, variable factors of rate of returns of stockholder’s equity, price to net value ratio, debt ratio showed unremarkable .
Finally, we found that using Binary Logistic Regression Analysis as a reference is remarkable when choosing the variable factors for foreign listing.
| Identifer | oai:union.ndltd.org:TW/096NTUS5304022 |
| Date | January 2008 |
| Creators | Yueh-o Hung, 洪月娥 |
| Contributors | Chung-chi Hsu, 徐中琦 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 78 |
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