The effect of overseas long-term investment on the financial distress / 海外長期投資對財務危機之影響

碩士 / 靜宜大學 / 財務金融研究所 / 98 / A logistic regression model to establish the financial distress early-warning mode, and discuss the long-term investment and long-term investment in overseas areas will it impact the financial distress. We get 142 financial distress and 142 normal firms for sampling data. Empirical results reveal that: the year before the financial crisis reached a significant level of long-term investment variables, in the event of the year before the financial crisis, the company''s long-term investment for the significant variables, long-term investment that may increase the likelihood of financial distress. Long-term investment is in overseas are showing this variable was not significant, that will not have long-term investment of regional financial crises that occurred at impact. In the financial ratios, debt ratio, board ownership, return on assets, return on equity, current Ratio are the most able to explain the causes of financial distress.

Identiferoai:union.ndltd.org:TW/098PU005304014
Date January 2010
CreatorsChih-Chiang Chen, 陳智強
ContributorsYuh-Sheng Horng, 洪裕勝
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format37

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