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 987654321/71459
English  |  正體中文  |  简体中文  |  Items with full text/Total items : 66984/66984 (100%)
Visitors : 22696419      Online Users : 365
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version


    Please use this identifier to cite or link to this item: http://ir.lib.ncu.edu.tw/handle/987654321/71459


    Title: 所有權結構與政治連結對中國上市公司營運資金管理之影響;The influences of ownership structure and political connection on the working capital management for Chinese listed firms
    Authors: 王姵心;Wang,Pei-Shin
    Contributors: 企業管理學系
    Keywords: 政治連結;所有權結構;營運資金管理;現金轉換循環;Political conncetion;Ownership structure;Working capital management;Cash conversion cycle
    Date: 2016-06-20
    Issue Date: 2016-10-13 13:05:37 (UTC+8)
    Publisher: 國立中央大學
    Abstract: 本文為了解中國各所有權結構與政治連結對公司營運資金管理之影響,使用自2008年到2014年10,635個中國上市公司作為研究對象,利用現金轉換循環(CCC)作為主要應變數,將政治連結作為控制變數。實證研究採迴歸模型進行分析。可以發現國有企業之營運資金管理具有效率;政治連結對於家族企業以及國外法人之營運資金管理具有顯著影響,若此二企業具有政治連結,其營運資金管理效率就較差;然而發現國內法人本身的營運資金管理效率較其他所有權差,即使建立政治連結後,對企業並無顯著影響或改變。;This study investigates the effects of political connection on the working capital management in Chinese listed firms that separated from four types of ownership structures. The sample consists of 10,635 observations in China for the period from 2008 to 2014. Ordinary Least Squares analysis is used to analyze the influence of political connection on cash conversion cycle (CCC) that evaluates the efficiency of working capital in firms with different ownership structures. The empirical results indicate that SOEs have significantly negative effect on CCC, and family firms and foreign firms have significantly positive effect on CCC. These results show that family firms and foreign firms manage their working capital inefficient when they build political connection. Domestic firms have positive effect on CCC and it implies that these firms have inefficient working capital management. Even if they build the political connection, the working capital management may not be improved efficiently.
    Appears in Collections:[Graduate Institute of Business Administration] Electronic Thesis & Dissertation

    Files in This Item:

    File Description SizeFormat
    index.html0KbHTML97View/Open


    All items in NCUIR are protected by copyright, with all rights reserved.

    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 ©   - Feedback  - 隱私權政策聲明