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研究生:曾永智
研究生(外文):Yong-jhih Zeng
論文名稱:非金融業公司節儉化對於實質經濟成長的影響-23國實證
論文名稱(外文):The Impact of Non-financial Corporate Thrift on Economic Growth:Empirical Investigation of 23 Countries
指導教授:陳乃維
指導教授(外文):Nai-wei Chen
學位類別:碩士
校院名稱:國立中正大學
系所名稱:財務金融所
學門:商業及管理學門
學類:財務金融學類
論文種類:學術論文
論文出版年:2009
畢業學年度:97
語文別:中文
論文頁數:49
中文關鍵詞:公司淨儲蓄現金持有公司節儉經濟成長
外文關鍵詞:Panel data
相關次數:
  • 被引用被引用:1
  • 點閱點閱:195
  • 評分評分:
  • 下載下載:5
  • 收藏至我的研究室書目清單書目收藏:0
本研究以1995-2006年共23個國家之非金融業公司為實證對象,並利用Panel data模型檢視考量經濟開發程度與司法體制下,公司節儉對於實質經濟成長的影響,以及檢視其他國家特徵因子是否會影響公司現金持有(現金儲蓄)行為。經本研究實證發現已開發國家非金融業公司的現金持有與淨儲蓄不利於實質經濟成長,特別是當司法體制屬於德意志法系與斯堪地納維亞法系的國家。以公司超額現金持有為公司節儉代理變數時則發現已開發國家之普通法系最不利於經濟成長。最後,探討其他國家特徵因子是否影響公司現金持有方面則發現股票市場市值對於公司現金持有部位有顯著負向影響,顯示若股票市場能夠發展蓬勃則有助於企業取得外部資金,故可降低公司現金持有;而每人實質GDP對於公司現金持有方面則被發現有顯著正向影響。
第一章 緒論
第一節 、研究背景
第二節 、動機與目的
第三節 、研究範圍
第四節 、研究流程
第二章 文獻探討
第一節 、現金持有相關文獻
第二節 、公司儲蓄相關報告與文獻
第三章 研究方法
第一節 、資料來源與研究樣本
第二節 、操作變數之定義與說明
第三節 、研究假說與實證模型
第四節、計量方法簡介-Panel Data Model
第四章 實證結果與分析
第一節 基本統計分析
第二節 實證結果分析
第五章 結論
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