碩士 / 國立交通大學 / 財務金融研究所 / 99 / This study use the most commonly overseas financing instruments which are used by domestic enterprises, and we focus on the issuance of overseas depositary receipts, and use the major issuers of this tool in Taiwan listed electronics firms as the research object. This study uses M-I-T theoretical framework and AMOS statistics software to analyze whether what corporate governance represents government and corporate system, and industry technology have a positive impact on the behavior of the firms in the market, thus affecting the firms issue oversea depositary receipts to increase market value and total assets. We find that government and corporate system represents corporate governance variable which has positive influence the behavior of the firms in the market. But industry technology has positive influence the behavior of the firms in the market insignificantly. This paper confirms that issuance of overseas depositary receipt, market value, and total assets are affected by the same latent variable. Therefore, these three manifest variables have mutual relations. This result is different from previous literature.
Identifer | oai:union.ndltd.org:TW/099NCTU5304032 |
Date | January 2011 |
Creators | Lu, Hsiao-Ying, 盧曉瑩 |
Contributors | Cheng, Li-Ping, 承立平 |
Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
Language | zh-TW |
Detected Language | English |
Type | 學位論文 ; thesis |
Format | 56 |
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