碩士 / 開南大學 / 會計學系 / 98 / This study is aimed to discuss whether China’s enterprise’s adoption of Cross Listing would raise any connections between its capital market prices and the enterprise value of its head office and do they have better defensive solutions to Global Financial Crisis. The purposes of Cross Listing include shareholder base expansion, stock liquidity enhancement, cost reduction, risk diversification, and enterprise value promotion. All economic data reveals that Global Financial Crisis has significant negative impacts on enterprise operations and also detracts values of foreign enterprises. China and its neighboring Asian countries, on the other hand, are not affected as much. Therefore, this study takes China Petroleum & Chemical Corporation as an example, using the methods of time series and nonparametric statistical analysis. I, to discuss its financial information and enterprise value during the period of 2001 to 2009. The results show a balance between capital market prices and its value, but no defensive solutions toward the Cross Listing adoption, which further accelerate the spread of Global Financial Crisis.
| Identifer | oai:union.ndltd.org:TW/098KNU00736004 |
| Date | January 2010 |
| Creators | WU TSUNG HSIEN, 吳宗賢 |
| Contributors | 徐承毅 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 63 |
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