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研究生:徐淑蘭
研究生(外文):Hsu Shu-Lan
論文名稱:公平價值層級資訊對公司價值之影響
論文名稱(外文):The Impact of Fair Value Hierarchy Information on Firm Value
指導教授:林盈利林盈利引用關係
指導教授(外文):Lin Yin-Li
口試委員:王癸元曾兆堂林盈利
口試委員(外文):Wang Kuei-YuanTseng Chao-TangLin Yin-Li
口試日期:2013-06-19
學位類別:碩士
校院名稱:亞洲大學
系所名稱:國際企業學系碩士在職專班
學門:商業及管理學門
學類:企業管理學類
論文種類:學術論文
論文出版年:2013
畢業學年度:101
語文別:中文
論文頁數:43
中文關鍵詞:公平價值公司價值
外文關鍵詞:Fair ValueFirm Value
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本研究探討揭露公平價值資訊對公司價值的影響,並分析智慧資本與市場價值的關聯性。依據Ohlson(1995)的剩餘利潤模型,研究樣本選自2011年第一季至2012年第四季的國內上市銀行產業作為研究對象,並區分金控公司銀行和非金控公司銀行加以分析比較。
實證結果顯示,充分揭露公平價值層級資訊有助於提升公司價值。對金控公司及非金控公司而言,資產性金融商品公平價值的揭露,顯著對公司市場價值有正向關聯。實證結果同時顯示智慧資本對公司價值確實具有關聯性,多數智慧指標呈現顯著的正向關聯。但因公司的結構不同,著力點亦有所差異,金控公司在顧客資本上和非金控公司在流程資本表現上皆需多努力改善以提升公司價值。
良好的會計資訊不僅能降低顧客成本,提升智慧資本的效能,在提升公司價值上更有所幫助。

The purpose of this study is to investigate the impact of fair value hierarchy information on firm value and it also analyzes the relation between intellectual capital (IC) and market value. By adopting the Residual Income Valuation Model Of Ohlson(1995) , the sample of this study is collected from the listed banks between 2011 and 2012 in Taiwan as the subjects.
The empirical result indicates that the disclosure of the hierarchy information can elevate the value of firm. For the financial holding banks and independent banks, the disclosure of fair value of financial assets instruments has a significant positive effect on market value. The empirical result shows that there is a significant positive association between market value and most of IC elements. However, due to the difference of firm structure, the holding banks should focus on how to improve the customer capital and the process capital of the independent banks in order to increase the firm value.

中文摘要 I
英文摘要 Ⅱ
目錄 Ⅲ
表目錄 Ⅴ
圖目錄 Ⅵ
第一章 緒論 1
第一節 研究背景與動機 1
第二節 研究目的 3
第三節 研究流程 3
第二章 文獻探討與研究假說 5
第一節 價值攸關性 5
第二節 無形資產價值 7
第三章 研究方法 9
第一節 研究對象與資料來源 9
第二節 智慧資本衡量指標 10
第三節 實證模型 13
第四章 實證結果 16
第一節 敍述性統計 16
第二節 迴歸分析 22
第五章 研究結論與建議 32
第一節 研究結論 32
第二節 研究建議 33
參考文獻 35
附錄 42

一.中文部分
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2. 黃瑞琦,2012,「智慧資本與市場價值之關聯性-金控公司子銀行與獨立 銀行之比較」,私立亞洲大學經營管理研究所碩士論文。
3. 曹壽民、鄧秋菊,2004,商標件數與估計價值價值攸關性之研究,「管理學報」,第二十一卷第二期,頁213-235。
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7. 財務會計準則委員會,2006,財務會計準則公報第37 號「無形資產之 會計處理準則」,財團法人中華民國會計研究發展基金會。
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二.英文部分
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