碩士 / 國立臺灣大學 / 國際企業學研究所 / 99 / This paper studies the relationship between the issue of overseas depository receipts and financing constraint on listed companies in Taiwan and compares it with the relationship for the peer companies using domestic seasoned public offering. First, we analyze the relationship using data from 1992 to 2007, and compared it with the peer companies using domestic seasoned public offering. Second, we split the sample based on the timing of the issuance and analyze if the afore-mentioned relationship depends on the timing of issuance. We find the financing-constraint-relieving-effect from issuing overseas depository receipts is less than that from using domestic seasoned public offering, and it is greater for the listed companies issuing overseas depository receipts before 2002 than afterward.
| Identifer | oai:union.ndltd.org:TW/099NTU05320003 |
| Date | January 2011 |
| Creators | Yi-Tang Kuan, 管浥棠 |
| Contributors | 黃志典 |
| 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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