A Study On The Impact Of Liberalization Of Foreign Exchange Control To Business Costs After The 2008-2009 Financial Crisis. / 全球2008年金融海嘯後,探討外匯自由化對企業之經營成本影響的程度

碩士 / 東吳大學 / 會計學系 / 101 / Taiwan’s economy has been heavily relied on exports in the past decades. In 2009 when the Asian Financial Crisis devastated the global economy, export share still accounted for 99.4% of total trades in Taiwan. It is obvious that a slight change in foreign exchange rates may have significant impacts on international trade costs for local enterprises.
Prior empirical research on the serial intervention of Taiwan’s Central Bank and learning benefit of enterprises indicated that during 1992 and 2001, 1) the interventions from recent three governors of Central Bank could be ranked from the highest to lowest as Mr. Fai-Nan Perng, Mr. Kuo-Shu Liang, and Mr. Yuan-Tung Hsu; and 2) enterprises from almost all industries could get learning benefits during the office of ex-Governor Hsu, but not so for Governor Perng.
This study examines whether the interventions of Central Bank in 2008 caused excess foreign exchange gains/losses of local public listed companies, under what circumstances the companies would be infected, and whether further liberalization would be necessary in Taiwan’s financial market.

Identiferoai:union.ndltd.org:TW/101SCU07385003
Date January 2013
CreatorsCheng,Ching-An, 程清安
Contributors馬嘉應
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format70

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