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研究生:俞睿恩
研究生(外文):Jui-En Yu
論文名稱:公司治理機制與研發投入相關性之研究
論文名稱(外文):The Correlation between Mechanism of Corporate Governance and Input of Research and Development
指導教授:汪進揚汪進揚引用關係莊嘉建莊嘉建引用關係
指導教授(外文):Jin-Yang UangJia-Jiann Chuang
學位類別:碩士
校院名稱:中國文化大學
系所名稱:會計研究所
學門:商業及管理學門
學類:會計學類
論文種類:學術論文
論文出版年:2007
畢業學年度:95
語文別:中文
論文頁數:56
中文關鍵詞:公司治理研發投入研究發展支出
外文關鍵詞:Corporate GovernanceResearch and DevelopmentResearch and Development Expenditure
相關次數:
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本研究擬探討公司治理機制與研究發展投入之關連性。研究結論顯示:一、在長期觀點下:在上市上櫃公司方面,負債比率對於研發支出有顯著負向影響,獨立董監事比例對於研發支出有顯著正向影響,機構投資人持股比例對於研發支出有顯著負向影響。在上市公司方面,負債比率對於研發支出有顯著負向影響,獨立董監事比例對於研發支出有顯著正向影響,機構投資人持股比例對於研發支出有顯著負向影響。在上櫃公司方面,負債比率對於研發支出有顯著負向影響,董監事和經理人持股比例對於研發支出有顯著負向影響,獨立董監事比例對於研發支出有顯著正向影響。二、在短期觀點下:在上市上櫃公司方面,負債比率對於研發支出有顯著負向影響,董監事和經理人持股比例對於研發支出有顯著負向影響,獨立董監事比例對於研發支出有顯著正向影響。在上市公司方面,負債比率對於研發支出有顯著負向影響,獨立董監事比例對於研發支出有顯著正向影響,機構投資人持股比例對於研發支出有顯著負向影響。在上櫃公司方面,負債比率對於研發支出有顯著負向影響,董監事和經理人持股比例對於研發支出有顯著負向影響,獨立董監事比例對於研發支出有顯著正向影響,機構投資人持股比例對於研發支出有顯著正向影響。
In recently years, corporate governance and research and development inputs are valued by corporation gradually. This study treats the correlation between corporate governance and research and development inputs. Research conclusion reveals:
1. In the long-term aspect:
In listed company at stock exchange market and listed company at over-the-counter market, it indicates a significant negative correlation between leverage and research and development inputs; a significant positive correlation between out-ratio and research and development inputs; a significant negative correlation between institutional investor holding percentage and research and development inputs.
In listed company at stock exchange market, it indicates a significant negative correlation between leverage and research and development inputs; a significant positive correlation between out-ratio and research and development inputs; a significant negative correlation between institutional investor holding percentage and research and development inputs.
In listed company at over-the-counter market, it indicates a significant negative correlation between leverage and research and development inputs; a significant negative correlation between directors, supervisors and managers holding percentage and research and development inputs; a significant positive correlation between out-ratio and research and development inputs.
2. In the short-term aspect:
In listed company at stock exchange market and listed company at over-the-counter market, it indicates a significant negative correlation between leverage and research and development inputs; a significant negative correlation between directors, supervisors and managers holding percentage and research and development inputs; a significant positive correlation between out-ratio and research and development inputs.
In listed company at stock exchange market, it indicates a significant negative correlation between leverage and research and development inputs; a significant positive correlation between out-ratio and research and development inputs; a significant negative correlation between institutional investor holding percentage and research and development inputs.
In listed company at over-the-counter market, it indicates a significant negative correlation between leverage and research and development inputs; a significant negative correlation between directors, supervisors and managers holding percentage and research and development inputs; a significant positive correlation between out-ratio and research and development inputs; a significant positive correlation between institutional investor holding percentage and research and development inputs.
中文摘要 .................... iii
英文摘要 .................... iv
誌謝辭  .................... vi
內容目錄 .................... vii
表目錄  .................... ix
圖目錄  .................... x
第一章  緒論.................. 1
  第一節  研究背景與動機........... 1
  第二節  研究目的.............. 1
  第三節  研究架構與研究流程......... 2
第二章  文獻探討................ 4
  第一節  債權人與研究發展支出之相關研究... 4
  第二節  董監事和經理人與研究發展支出之相關研究.................
6
  第三節  獨立董監事與研究發展支出之相關研究. 9
  第四節  機構投資人與研究發展支出之相關研究. 9
  第五節  企業規模與研究發展支出之相關研究.. 13
  第六節  經營績效與研究發展支出之相關研究.. 15
第三章  研究假說及研究方法........... 17
  第一節  資料來源與樣本之選取........ 17
  第二節  研究假說.............. 18
  第三節  變數定義與衡量........... 21
  第四節  資料分析方法............ 24
第四章  實證結果與分析............. 25
  第一節  敘述性統計............. 25
  第二節  相關分析......... ..... 28
  第三節  長期觀點下之實證結果分析...... 31
  第四節  短期觀點下之實證結果分析...... 35
第五章  結論、限制與建議............ 39
  第一節  研究結論.............. 39
  第二節  研究限制.............. 40
  第三節  研究建議.............. 40
參考文獻 .................... 41
附錄 ...................... 53
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