中大機構典藏-NCU Institutional Repository-提供博碩士論文、考古題、期刊論文、研究計畫等下載:Item 987654321/65379
English  |  正體中文  |  简体中文  |  全文笔数/总笔数 : 78728/78728 (100%)
造访人次 : 33566342      在线人数 : 611
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
搜寻范围 查询小技巧:
  • 您可在西文检索词汇前后加上"双引号",以获取较精准的检索结果
  • 若欲以作者姓名搜寻,建议至进阶搜寻限定作者字段,可获得较完整数据
  • 进阶搜寻


    jsp.display-item.identifier=請使用永久網址來引用或連結此文件: http://ir.lib.ncu.edu.tw/handle/987654321/65379


    题名: 證券商經營績效之研究-金融控股公司與非金融控股公司之差異;A Study of Securities Firms Performance-Comparison between Subsidiaries of Financial Holding Company and Independent Firms
    作者: 王國樑;Wang,Kuo-liang
    贡献者: 財務金融學系在職專班
    关键词: 證券商經營績效
    日期: 2014-07-07
    上传时间: 2014-10-15 15:29:52 (UTC+8)
    出版者: 國立中央大學
    摘要: 摘 要

    本研究以產業經濟學之結構-行為-績效(SCP)理論為依據基礎,針對台灣併入金融控股公司的證券商及未併入金融控股公司的證券商,因其不同之策略行為是否造成其營運績效差異,作為本文的研究動機。研究範圍為上市櫃綜合證券商:併入金融控股公司14家、未併入金融控股公司8家,利用2008年至2012年五個會計年度的財務資料,實證檢定5大構面13項財務比率。研究發現在獲利能力構面的純益率及每股盈餘有顯著差異;財務結構構面的長期資金適合率有顯著差異;償債能力構面的流動比率及速動比率有顯著差異;經營能力構面的固定資產周轉率有顯著差異。由以上檢定結果推論併入金融控股公司的證券商在經營績效顯著優於未併入金融控股公司的證券商。
    ;Abstract

    Industrial Organization deals with the study of the behavior of firms in the market, linked to the names of Edward S. Mason (1939, 1949) and Joe S. Bain (1951, 1956), to seek how the structural characteristics of an industry determine the behavior of the firms that, in turn, yields market performance. This framework of analysis is the SCP paradigm.
    This paper empirically examines the 13 financial ratios classified into 5 categories. The sample includes the data of public traded companies listed both on Taiwan Stock Exchange and GreTai Securities Market: 14 securities subsidiaries of financial holding company and 8 independent securities firms between 2008 and 2012.
    In this study, significant difference exists in profitability between securities subsidiaries of financial holding company and independent securities firms in net profit margin and earnings per share. In the respect of financial structure, there is also significant difference in long-term capital over fixed assets ratio. As to liquidity, significant difference exists in current ratio and quick ratio. In the respect of operating ability, significant difference exists in fixed asset turnover rate. The result indicates that the performance of securities subsidiaries of financial holding company is superior to independent securities firms.
    显示于类别:[財務金融學系碩士在職專班] 博碩士論文

    文件中的档案:

    档案 描述 大小格式浏览次数
    index.html0KbHTML610检视/开启


    在NCUIR中所有的数据项都受到原著作权保护.

    社群 sharing

    ::: Copyright National Central University. | 國立中央大學圖書館版權所有 | 收藏本站 | 設為首頁 | 最佳瀏覽畫面: 1024*768 | 建站日期:8-24-2009 :::
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - 隱私權政策聲明