Evaluate The Operating Efficiency of The Listed Steel Companies Listed on Both Sides of Taiwan and mainland China / 評估臺海兩岸上市鋼鐵公司之經營效率

碩士 / 國立高雄大學 / 亞太工商管理學系碩士班 / 105 / The production and the value of the Taiwanese steel industry were NTD1.23 trillion and 22.28 million tons in 2013. They declined down to NTD973.7 billion and 21.39 million tons in 2015. On the basis of the phenomenon, the motivation of this study is to examine the lack of operating efficiency of the Taiwanese steel industry resulting in the decline and slump. This study will analyze the operating efficiency of listed steel companies in Taiwan and mainland China, and to explore the reasons for inefficient companies. The DEA (Data Envelopment Analysis) will be used to compare the operating efficiency of the listed companies are 14 in Taiwan and 12 in mainland China. Then it will rank them according to their performance. The input factors selected in this study are total assets, operating costs, operating expenses and number of employees; the output factor is net sales.
In this study will also focus on identifying factors that affect poor operating efficiency. It will propose suggestions to improve the operating efficiency for the companies with the relative efficiency below 1. Furthermore, this study will apply Malmquist Index to analyze total factor productivities of 14 listed steel companies in Taiwan and 12 listed steel companies in mainland China separately from 2013 to 2015.
The results of the empirical analysis demonstrated that Feng Hsin Steel Co. Ltd, Sheng Yu Steel Co., Ltd., Hsin Kuang Steel Co., Ltd, Hai Kwang Enterprise Corporation and Hangzhou Iron & Steel Co., Ltd with the TE (Technical Efficiency) value above 1, namely that they had the relative operating efficiency in the period 2013-2015. Moreover, the Malmquist Index Analysis indicated that TE average value of Taiwanese steel industry was 0.9770; mainland China was 0.9664, indicating the operating efficiency of steel industry on both sides of Taiwan and mainland China were regressed. Further analysis to suggest the reason cause this phenomenon, resulted from the poor Taiwanese steel industry management and technological innovation; mainland China needs to improve their management.

Identiferoai:union.ndltd.org:TW/105NUK00026011
Date January 2017
CreatorsLU, SIN-YU, 盧昕郁
ContributorsLU, KUEN-HOMG, 盧昆宏
Source SetsNational Digital Library of Theses and Dissertations in Taiwan
Languagezh-TW
Detected LanguageEnglish
Type學位論文 ; thesis
Format94

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