碩士 / 國立中央大學 / 財務金融學系在職專班 / 102 / As the financial services of the case study corporation are restricted by local regulations in Taiwan, in order to provide more diversified business through an overseas subsidiary, the financial corporation established a securities subsidiary in May 1997. This study explores the influence on the business of the securities subsidiary of the case study financial corporation in Hong Kong when an international securities subsidiary had also been established in Taiwan. In addition, this study compares the differences between the two subsidiaries, as well as their roles in the business strategies of the financial corporation. The results of this study demonstrate that both subsidiaries have similar administration strategies in terms of foreign currency brokerage, proprietary trading, and underwriting services. Regarding transaction subjects, the subsidiaries have different subjects due to their capital structures being different; the international securities subsidiary in Taiwan has fewer transaction subjects than the securities subsidiary in Hong Kong. In terms of taxes, offshore incomes are tax-free in both subsidiaries, and onshore incomes are levied according to the tax regulations of the country in which the subsidiary is established. Only the currency type is the same, as the trading in both subsidiaries is priced in foreign currency, which can avoid involving foreign exchange operations. In conclusion, the findings of this study suggest that the government authorities in Taiwan should loosen the control mechanism for financial services and products and develop regulations for tax exemption for special transactions. This will help to attract more investors around the world to invest in Taiwan and will increase business in financial corporations in Taiwan, in turn increasing the competitiveness of Taiwan in the international finance business and the repatriation of overseas funds and expanding the territory of Taiwan as an offshore financial center
| Identifer | oai:union.ndltd.org:TW/102NCU05304025 |
| Date | January 2014 |
| Creators | Hsiu-chen Hsieh, 謝秀真 |
| Contributors | Cheng-yi Shiu, 徐政義 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 53 |
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