跳到主要內容

臺灣博碩士論文加值系統

(100.28.2.72) 您好!臺灣時間:2024/06/13 11:11
字體大小: 字級放大   字級縮小   預設字形  
回查詢結果 :::

詳目顯示

我願授權國圖
: 
twitterline
研究生:蕭銘宏
研究生(外文):Xiao, Ming-Hong
論文名稱:資本結構、雇傭制度與公司績效之關聯性
論文名稱(外文):A Study on the Correlation among Capital Structure, Employment System, and Corporate Performance
指導教授:蔡永順蔡永順引用關係
指導教授(外文):Tsai, Yong-Shun
口試委員:許可達臧仕維蔡永順
口試委員(外文):Hsu, Ker-TahZang, Shyh-WeirTsai, Yong-Shun
口試日期:2019-06-14
學位類別:碩士
校院名稱:亞洲大學
系所名稱:財務金融學系碩士在職專班
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:2019
畢業學年度:107
語文別:中文
論文頁數:49
中文關鍵詞:資本結構雇傭制度公司績效VAR模型
外文關鍵詞:capital structureemployment systemcorporate performancethe VAR model
相關次數:
  • 被引用被引用:0
  • 點閱點閱:91
  • 評分評分:
  • 下載下載:0
  • 收藏至我的研究室書目清單書目收藏:1
本研究主要探討台灣兩家便利商店領導企業,在資本結構、雇傭制度與公司績效上是否存在關聯性差異或存在交互影響。本研究採用VAR向量自我迴歸模型、 Granger 因果關係檢定、衝擊反應分析及變異數分解等方法來檢驗統一與全家兩家領導企業個變數之間的關聯性,樣本期間從2002年到2018年。本研究實証結果發現:(一) 全家資本結構與公司績效存在交互影響關係,統一則不顯著。而且兩家企業之間存在交互影響。(二) 統一雇傭制度與股東權益報酬率有顯著正相關。全家雇傭制度與資本結構變動率有顯著正相關。(三) 全家資本結構對公司績效衝擊較為顯著,但統一資本結構對公司績效的衝擊較不明顯。
The study aimed to explore whether a correlation or interaction existed among capital structure, employment system, and corporate performance regarding the two leading convenience store enterprises in Taiwan. The study adopted the Vector autoregression (VAR) model, the Granger causality test, impulse response analysis, and variance decomposition to examine the correlations among variables for the two enterprises: Uni-president and FamilyMart. The samples fell in the period from 2002 to 2018. The empirical results of the study revealed the following. 1) An interaction was found between capital structure and corporate performance for FamilyMart, but no significant interaction was found for Uni-president. Additionally, an interaction existed between the two enterprises. 2) A significant positive correlation was found between the employment system and ROE (Return on Equity) for Uni-president. A significant positive correlation was discovered between employment system and the rate of capital structure change for FamilyMart. 3) The impact of capital structure on corporate performance was more significant for FamilyMart than for Uni-president; there was no obvious impact of capital structure on corporate performance in Uni-president’s case.
目錄 I
表目錄 III
圖目錄 IV
第一章 緒論 1
    第一節 研究動機與目的 1
    第二節 研究架構 3
第二章 文獻探討 4
    第一節 資本結構與公司績效相關文獻 4
    第二節 雇傭制度公司績效相關文獻 6
第三章 研究方法 9
    第一節 研究假說 9
    第二節 研究期間與流程 9
    第三節 資料分析方法 11
第四章 實證結果 18
    第一節 敘述統計分析 18
    第二節 各變數相關性統計分析 19
    第三節 單根檢定分析 22
    第四節 向量自我迴歸模型VAR分析 23
    第五節 Granger因果關係檢定分析 28
    第六節 衝擊反應分析 30
    第七節 變異數分解分析 35
第五章 結論與建議 38
    第一節 結論 38
    第二節 建議與貢獻 38
參考文獻 40

表目錄
表4-1 敘述統計分析表 18
表4-2 各變數相關性統計表 19
表4-3 各變數正、負相關性統計表 20
表4-4 單根檢定結果 22
表4-5 變動率檢定結果 22
表4-6 向量自我迴歸模型結果統計表 23
表4-7 向量自我迴歸模型結果關係統計表 24
表4-8 向量自我迴歸模型結果統計表 24
表4-9 向量自我迴歸模型結果關係統計表 25
表4-10 向量自我迴歸模型結果統計表 25
表4-11向量自我迴歸模型結果關係統計表 26
表4-12 向量自我迴歸模型結果統計表 27
表4-13向量自我迴歸模型結果關係統計表 27
表4-14 Granger因果關係檢定結果統計表 28
表4-15 Granger因果關係檢定結果統計表 29
表4-16 衝擊反應分析結果統計表 34
表4-17衝擊反應分析結果統計表 34
表4-18 全家本益比(PE_C)之變異數分解表 35
表4-19 全家股東權益報酬率(ROE_C)之變異數分解表 36
表4-20 統一本益比(PE_T)之變異數分解表 36
表4-21 統一股東權益報酬率(ROE_T)之變異數分解表 37

圖目錄
圖3-1 研究流程圖 10
圖 4-1 全家本益比對負債比累計衝擊反應分析圖 30
圖 4-2 全家負債比對本益比累計衝擊反應分析圖 31
圖 4-3 全家股東權益報酬率對負債比累計衝擊反應分析圖 31
圖 4-4 全家負債比對股東權益報酬率累計衝擊反應分析圖 32
圖 4-5 統一本益比對負債比累計衝擊反應分析圖 32
圖 4-6 統一負債比對本益比累計衝擊反應分析圖 33
圖 4-7 統一股東權益報酬率對負債比累計衝擊反應分析圖 34
圖 4-8 統一負債比對股東權益報酬率累計衝擊反應分析圖 34


一、中文部分
1.林欣怡,2003,公司資訊透明度與權益資金成本之關係探討,國立中山大學企財務管理研究所碩士論文。
2.林聖棠,2004,機構投資者對股票投資報酬影響之研究,國立中山大學企業管理研究所碩士論文。
3.何里仁,2003,公司治理之資訊透明度與績效評核關聯性之研究,私立逢甲大學會計與財稅所碩士論文。
4.柯承恩,2000,「我國公司監理體系之問題與改進建議(上)(下)」,會計研究月刊,第173(4 月)、174 期(5 月)。
5.黃明潔,2002,多期損益平穩化行為之決定因素,國立政治大學會計系碩士論文。
6.許周全,2001,機構投資人與管理當局自願性盈餘預測之關聯性研究,國立台北大學會計系碩士論文。
7.陳錦村,2002,「公司改組、監督機制與盈餘管理之研究」,會計評論,34 期,1-29。
8.陳惠玲,2000,「銀行逾放比推估─由企業信用評等看銀行資產品質」,貨幣觀測與信用評等,11 月,第2-7 頁。
9.陳瑞斌,2005,公司治理結構與資訊透明度對於資本市場之影響,國立政治大學會計學系博士論文。
10. 成之約(1998),《淺論「派遣勞動」及其對薪資關係的影響》,《尌業與訓練》,16:6,頁3-11。
11. 邱駿彥(1999),《勞工派遣法制之研究—以日本勞工派遣法為例》,派遣勞動法制研討會,頁1-43。
12. 林津玲(2006),《跨國人力派遣管理的比較研究》,國立中山大學人力資源管理研究所碩士在職專班碩士論文。
13. 林秀如(2002),《人力資源彈性運用對企業勞資關係之影響》,國立政治大學勞工研究所碩士論文。
14. 周信旗(2002),《人力資源彈性化伕用管理之研究—以我國勞動派遣為例》,國立中山大學人力資源管理研究所碩士論文。
15. 侯俊言(2004),《醫院使用人力派遣之研究》,國立中正大學勞工研究所碩士論文。
16. 陳正良(1994),《醫院使用人力派遣之研究醫院使用人力派遣之研究》,《勞資關係月刊》,12:12,頁6-15。
17. 陳錦慧(2001),《非典型聘僱的決定因素及績效之探討》,國立中山大學人力資源管理研究所碩士論文。
18. 許妙穗(2001),《我國人力派遣制度安排之探討》,國力中山大學管理研究所碩士論文。
19. 蔡博全(2000),《國內人力派遣制度運作及人力資源管理實務之研討—以美國相關產業為對比》,國立中山大學人力資源管理研究所碩士論文。
20. 蔡存菁(2004),《消費金融業勞動派遣實務之研究—要派公司觀點》,國立中山大學人力資源管理研究所碩士論文。
21. 張威創(2004),《銀行業使用人力派遣之研究》,國立中正大學勞工研究所碩士論文。
22. 曾韋龍(2005),《預拌混凝土產業運用人力派遣之研究》,崑山科技大學企業管理研究所碩士論文。
23.甘水美(2002),〈臨時員工之內外控傾向對工作滿意與組織承諾關係之影響〉,《國立中央大學人力資源管理研究所碩士論文》。
24. 行政院勞工委員會編印(民89年),〈企業雇用管理調查(雇用原住民、身心障礙者專案調查)實施計畫〉,行政院勞工委員會。
25. 李元隆(2000),〈台灣人才派遣業之現況研究-以日本人才派遣業為比較基礎〉,《中山大學人力資源管理研究所未出版之碩士論文》。
26. 邱駿彥(1998),〈淺談勞派遣法律問題〉,《萬國法律》,第98期,頁11-26。
27. 柯志哲(2004),〈勞動派遣對勞方的影響〉,《勞動派遣公民論壇》。
28.許妙穗(2001),〈我國人力派遣制度安排之探討〉,《中山大學人力資源管理研究所碩士論文》。
28. 翁玉珍(2000),〈派遣勞動對派遣員工的功能評估研究〉,《中正大學勞工研究所碩士論文》。
29. 黃仕儀(2001),〈論我國派遣勞動法制化之研究〉,《中正大學法律學研究所》。
30. 陳泓鍵(2002),〈派遣員工的工作動機、工作特性對工作滿足的影響-決策捕捉方法的實證研究〉,《中央大學人力資源管理研究所碩士論文》。
31. 楊通軒(1998),〈勞動派遣立法必要性之研究〉,《全國律師》,第2卷,第7期,頁34-41。
32. 蔡博全(2000),〈國內人力派遣業制度運作及人力資源管理食物之探討-以美國相關產業為對比〉,《中山大學人力資源管理研究未出版碩士論文》。
33. 簡建忠(1999),〈台灣派遣勞工對派遣工作看法之研究〉,《勞資關係論叢》,第9期,頁99-124。

二、英文部分
1.Abbott, L. J., S. Parker, and G. F. Peters., 2002 “Audit committee characteristics and financial misstatement: A study of the efficiency of certain Blue Ribbon committee recommendations.”Working Paper,the 2001 American Accounting Association.
2.Beasley, M. S., 1996, “An empirical analysis of the relation between the board of director composition and financial statement fraud.” The Accounting Review, 71(4),443-465.
3.Botosan, C. A. 1997. “Disclosure level and the cost of equity capital.” The Accounting Review 72: 323-349.
4.Brickley, J. A., Lease, R. C. and Smith, Jr., 1988 “Ownership Structure and Finance Economics.” Journal of Financial Economics, Vol.26, pp.267-291.
5.Bushee, B., 1998 “The influence of institutional investors on myopic R&D investment behavior.” The Accounting Review, 73, 305-333.
6.Bushee B. J., and F. N. Christopher. 1999. “Disclosure quality, institutional investors, and stock return volatity.” Working paper, University of Pennylvania.
7.Bushee B. J., C. F Noe. 2000. “Corporate disclosure practices,institutional investors, and stock return volatility.” Journal of Accounting Research 38:171-202.8.
8.Chaganti, R. and Damanpour, F, 1991, “Institutional Ownership, Capital Structure and Firm Performance”, Strategic Management Journal Vol.12, 479-493.
9.Chen, A., L. Kao, M. Tsao, and C. Wu, 2007, “Building a corporate governance index from the perspectives of ownership and leadership for firms in Taiwan.” Corporate Governance: An International Review, 15,251-261.
10.Chtourou, S. M., J. Bedard, and L. Courteau, 2001, “Corporate governance and earnings management.” Working Paper, University of Laval.
11.Dechow,P.M., R. G. Sloan, and A. P. Sweeney,1996,“Causes and consequences of earnings manipulation: an analysis of firms subject to enforcement actions by the SEC.”Contemporary Accounting Research,13, 1-36.
12.Gompers P. A., A. Metrick. 2001.”Institutional investor and equity prices.” The Quarterly Journal of Economics 116:229-259.
13.La Porta, R., F. Lopez-De-Silanes, and A. Shleifer, 1999, “Corporate ownership around the world.” Journal of Finance, 54, 471-517.
14.Lang M. H., and R.J. Lundholm.1993. Cross-sectional determinants of nalyst ratings of corporate disclosures.” Journal of Accounting Research 31: 246-271.
15.Leuz C. and F. Oberholzer-Gee. 2003.” Corporate transparency and political connections.” Working paper,University of Chicago.
16.Palmon, O. and J. K. Wald, 2002, “Are two heads better than one? The impact of changes in management structure on performance by firm size.” Journal of CorporateFinance, 8, 213-226.
17.Peasnell, K. V., P. F. Pope, and S. Young, 2001, “Board monitoring and earnings management: Do outside directors influence abnormal accruals?” Working Paper, Lancaster University.
18.McConnel, J. J., and Servaes, H., 1990 “Additional Evidenceon Equity Ownership and Corporate Value.” Journal of Financial Economics, pp.595-612.
19.Matsumoto, D. A., 2002 “Management’s incentives to avoid negative earnings surprises.” The Accounting Review, 77(3), 483-514.
20.Warfield, T. D., J. J. Wild, and K. L. Wild, 1995, “Managerial ownership,accounting choices and informativeness of earnings.” Journal of Accounting and Economics, 20,61-92.
21.Shleifer, A. and R. Vishny, 1997, “A survey of corporate governance,” Journal of Financial Economics, 52, 737-783.
22.Xie, B., W. N. Davidson, and P. J. DaDalt, 2003, “Earnings management and corporate governance: The role of the board and the audit committee.” Journal of Corporate Finance, 9, 295-316.
23.ermack, D., 1996, “Higher market valuation for firms with a small board of directors.”Journal of Financial Economics, 40, 185-211.
24.Yu, F., 2006 “Corporate governance and earnings management.” Working Paper, University of Minnesota.
25.Caves, R.E. and M. Porter (1997), Form Entry Barriers to Mobility Barriers:Conjectural Decisions and Contrived Deterrence to New competition, QuarterlyJournal Of Economics, 91, 241-259.
26.Gannon, M. J. (1974), A Profile of the Temporary help Industry and Its Workers,Monthly Labor Review, 97(5), 44-49.
27.Hunt, M. (1972), Competition in the Major Home Appliance Industry, 1960-1970, ph. D. Dissertation, Harvard University.
28.Ivan Stefanovic and Dragan Milosevic (2012), On Conceptual Differentiation and Integration of Strategy and Business Model, European Management Journal, 30(1), 141-161.
29.Kates, A. and J. R. Galbraith (2007), Designing Your Organization: Using the Star Model to Solve 5 Critical Designing Challenges, San Francisco, CA: Jossey-Bass.
30.Osterwalder, A. and Y. Pigneur (2010), Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers, Hoboken, NJ: John Wiley & Sons.
31.Polivaka, A. E. and T. Nardone (1989), On the Definition of Contingent Work,Monthly Labor Review, 112(12), 9-16.
32.Porter, M. E. (1986), Competition in Global Industries-A Conceptual Framework.
33.Segal, L. M. and D. G. Sullivan (1997), The Growth of Temporary Service Work, Journal of Economic Perspective, 11(2), 117-136.
34.Sheeridan, A. and L. Conway (2001), Workplace Flexibility: Reconciling theNeeds of Employers and Employees, Women in Management Review, 16(1),5-11.
35.Tax Stephen S. and S. W. Brown (1998), Recovering and Learning from ServiceFailure, Journal of Services Marketing, 9, 15-23.
36.Teece, D. J. (2010), Business Models, Business Strategy and Innovation, LongRange Planning, 43(6), 789-809.
37.Voelpelet, S, et al. (2005), Escaping the Red Queen Effect in Competitive Strategy: Sense-testing Business Models, European Management Journal, 23(1), 37-49.
38.Walsh, T. (1990), Flexible Labor Utilization in the Private Service Sector, Work,Employment and Society, 4(4), 517-530.
39.Acemoglu, D. & Pischke, J.(1999). Beyond Becker: Training in imperfectlabor market. Economic Journal, 109(453), 112-143 .
40.Albrecht, D. G.(1998). New heights: today’s contract workers are highlypromotable. Workforce,. April, 42-48.
41.Bassi, L. J. & McMurrer, D. P.(1998). Training investment can mean financial performance. Taining and Development, 52(1), 40-43.
42.Becker, G. S.(1964).Human Capital ,Chicago: University of Chicago Press.
43.Davidson, L. (1999). Temp workers want a better deal. Workforce, 78, 44-50.
44.Davis-Blake, Alison & Brain Uzzi.(1993). Determinants of employment externalization: A study of temporary workers and independent contractors.Administrative Science Quarterly, 38, 195-223.
45.Feldman, D. C. et al(1994). Managing temporary workers: A permanent
HRM challenge. Organizational Dynamics, 23(2), 49-63.
46.Frazis, H. et al.. (1998). Results from the 1995 survey of employer-provided training. Monthly Labor Review, 121, 3-13.
47.Frazis, H. et al. (2000). Correlates of training: an analysis using both employer and employee characteristics. Industrial and Labor Relations Review, 53(3), 443-462.
48.Finegold, D. et al. (2005). Access to training and its impact on temporary workers. Human Resource Management Journal , 15(2), 66-85.
49.Goldstein, I. (1980). Training in work organizations. Annual Review of Psychology , 31, 229-272.
50.Haber, S. E. (1988). Participation in industrial training programs. The survey of income and program participation , 60, Washington D. C.:U.S. Department of Commerce, Bureau of the Census.
51.Huselid, M. (1995). The impact of human resource management practices on turnover, productivity, and corporate financial performance. Academy of Management Journal , 38, 635-672.
52.Lepak & Snell(1999). The human resource architecture: Toward a theory of human capital allocation and development. Academy of Management Review ,24, 31-48.
53.Loewenstein, M & Spletzer, J(1994). Informal training: a review of existing data and some new evidence. Bureau of Labor Statistics, U.S. Department of Labor Report, 20-94.
55.Mangum, Garth, et al. (1985) The temporary help industry: Response to the dual internal labor market. Industrial and Labor Relations Review, 38, 599-611.
56.Miles, R. E. (1989). Adapting to technology and competition: A new industrial relations system for the 21st century. California Management Review, 31(2), 9-28.
57.Morris, J. (1999). Injury experiences of temporary workers in a manufacturing setting. American Association of Occupational Health Nursing Journal , 47, 470-478.
58.Nollen, Stanley D., & Helen A. Axel. Managing contingent workers. New York: AMACOM,1996.
59.Quinlan, M. et al. (2001). The global expansion of precarious employment, work disorganization and consequences for occupational health: A review of recent research. International Journal of Health Services,31 , 335-414.
60.Rix, A. et al. (1999). The training and development of flexible workers .London: Department for education and employment research ,118.
61.Rousseau, D. M. & Parks, J. M. (1993). The contracts of individuals and organizations. Research in Organizational Behavior , 47, 470-478.
62.Segal Lewis M. & Daniel G. Sullivan. (1997). The growth of temporary services work. Journal of Economic Perspectives, 11(2): 117-136.
63.The Straits Times(1997). Manpower acquires goodmen: new company poised for growth.. 4, November.
64.The Straits Times(1998a). Fresh grads resorting to part-time jobs. 16, July. 65.The Straits Times(1998b). Six in 10 hit by downturn. 5, September. 66.Tregaskis, O. (1997). The non-permanent reality. Employee Relations , 19,535-554.
67.Tregaskis, O. et al. (1998). Flexible working in Europe: The evidence and implications. European Journal of Work and Organizational Psychology , 7,61-78.
68.Tsang, M. et al. (1991). The impact of surplus schooling on worker productivity. Industrial Relations , 30 ,209-228.
69.Tsui, A. S. et al. (1995). Choice of employee-organization relationship: influence of external and internal organizational factors. Research in Personnel and Human Resource Management,13 ,117-151.
70.Tsui, A. S. et al. (1997). Alternative approaches to the employee-organization relationship: Does investment in employee pay off ? . Academy of Management Journal , 40(5) ,1089-1111.


電子全文 電子全文(網際網路公開日期:20240726)
QRCODE
 
 
 
 
 
                                                                                                                                                                                                                                                                                                                                                                                                               
第一頁 上一頁 下一頁 最後一頁 top
無相關期刊