DC 欄位 值 語言 DC.contributor 財務金融學系在職專班 zh_TW DC.creator 卓湘怡 zh_TW DC.creator Hsiang -Yi Cho en_US dc.date.accessioned 2021-6-29T07:39:07Z dc.date.available 2021-6-29T07:39:07Z dc.date.issued 2021 dc.identifier.uri http://ir.lib.ncu.edu.tw:444/thesis/view_etd.asp?URN=108458008 dc.contributor.department 財務金融學系在職專班 zh_TW DC.description 國立中央大學 zh_TW DC.description National Central University en_US dc.description.abstract 本研究主要探討都市更新對建設公司績效之影響,以2010年至2019年共40家上市建設公司為研究對象,並以營運績效、償債能力、股票報酬表現及風險等四大面向進行分析。研究結果顯示因都市更新辦理過程須不斷協商取得相關權利人同意,政府審議時間冗長增加不確定性,加上地主不信任等因素,使得辦理都市更新對大型上市建設公司營收成長呈現顯著負向關係;另辦理都市更新之建設公司歷經前期地主整合繁複過程,將超前部署資金投入計畫及各項可能突發狀況之因應準備等,因而負債比例上升;在對建設公司價值及股票報酬表現方面為負向關係,對其風險則無影響。 zh_TW dc.description.abstract This research investigates the impact of urban renewal on the performance of construction companies and focuses on operating performance, solvency, stock performance, and firm risk, respectively. The research results show that during the process of urban renewal, due to the obligation to negotiate with the landlords, the long time taken for the governmental approval, and the distrust resulting from the landlords, the profit growth of large construction companies has a negative impact. Alternatively, the construction company that handles the urban renewal knows the complex process of the landlord integration in the early stage; therefore, they will prepare funding plan in advance for the various unexpected situations. As a result, the debt ratio would increase, and the firm value and the stock performance would decrease. en_US DC.subject 都市更新 zh_TW DC.subject 營運績效 zh_TW DC.subject 償債能力 zh_TW DC.subject 股票表現 zh_TW DC.subject 風險 zh_TW DC.title 參與都市更新對建設業績效之探討 zh_TW dc.language.iso zh-TW zh-TW DC.title The impact of urban renewal on construction industry performance en_US DC.type 博碩士論文 zh_TW DC.type thesis en_US DC.publisher National Central University en_US