The research of key Factors Affecting Financial Crisis-Exploring of construction and sell for Derivatives / 金融海嘯之關鍵影響因子研究:探討衍生性金融商品之設計與銷售

碩士 / 輔仁大學 / 管理學院經營管理碩士學程 / 97 / Abstract:
Global economic suffered the most serious financial crisis from September, 2007.The financial crisis rare to see in century has affected whole of world not only developed and developing countries but also emerging countries.
The parts are influenced by financial crisis are wide. It causes finance of countries become worse because of saving the economic, increase rate of unemployment and corporations broken. Therefore financial crisis is not only the problem for individual country but also the one we all have to consider. This research is focusing on the reason and the effect of financial crisis. It also wants to express the whole picture and the parts have been affected of this biggest financial crisis through other similar financial crisis happened in the history.
The reason of financial crisis has been found is that corporations over-used financial engineering to create derivates with higher revenue. However, they ignored the high risky factors which are accompanying with high revenue. Therefore, the financial crisis happened whole of the world. This research is according to the procedure of sale and supervision of production creation to have the questionnaire with mid-level managers in financial institutes and investors. It tries to get the picture that managers’ knowledge of derivate creations in financial institutes. On the other hand, I also do the contrast in the content of investors for derivate sold by financial institutes. It will be helpful for them to make decisions for using and selling derivative instruments in the future.
There are 30 questionnaires for mid-level managers in financial institutes and 150 questionnaires for investors which sent from 1st of March to 30th of April in 2009 and the effective questionnaires are 22 from managers and 129 from investors. We can find the significant difference between two samples in preference of legal selling, profession of sales, trust of clients, and after-sales service. It means cognition of derivative instruments creation and sale is quite different between financial institutes and investors. The preference of investors is from Legal selling, profession of sales, after-sales service to the trust of clients according the difference in level of satisfaction from the high rate to low one.
Therefore, financial institutes face many different risks in the complex financial market. Investors also have many financial instruments which weed through the old to bring forth the new. Financial institutes should decrease operation risks and maximize corporation’s value by self-rule or control in business. They also have to set up the symmetrical information system for corporation index and concept of risk to understand the request for investors to earn investors’ trust and support. It can help financial institutes to get the fund in the capital market and have necessary investment and development to keep their competition in the market.

Identiferoai:union.ndltd.org:TW/097FJU00388019
Date January 2009
CreatorsCHIN-YING ku, 古金盈
ContributorsYu-Tse Lin, 林育則
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format95

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