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研究生:白紋鳴
研究生(外文):PAI, WEN-MING
論文名稱:被動元件類企業國際化與研發支出對其財務績效的影響
論文名稱(外文):The Effects of Internationalization and R&D on the Financial Performance of Passive Components Industry in Taiwan
指導教授:蔡學章蔡學章引用關係
指導教授(外文):TSAI, HSUEH-CHANG
口試委員:陳佳煇林鳳麗
口試委員(外文):CHEN, CHIA-HUILIN, FENG-LI
口試日期:2020-07-22
學位類別:碩士
校院名稱:靜宜大學
系所名稱:管理碩士在職專班
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:2020
畢業學年度:108
語文別:中文
論文頁數:39
中文關鍵詞:國際化研發支出財務績效被動元件類
外文關鍵詞:internationalizationR&Dfinancial performancepassive components
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企業發展有其階段性,當企業成長碰到瓶頸,需要自我突破時,國際化與研究發展的投資勢必成為企業發展的重要策略之一。面對國際間經貿往來的日益頻繁,企業亟需擬定新的成長策略,以強化其競爭力,並提昇其市場占有率。本研究主要目的在探討被動元件類企業國際化與研發支出對其營業財務績效的影響。本研究採用多元迴歸分析法, 針對 2009 年到 2018 年期間臺灣 41 家被動元件類上市櫃公司進行檢測。 實證研究的結果顯示,企業國際化程度與其財務績效表現存有顯著的正向關聯性;但企業研發支出與其財務績效表現則存有顯著的負向關聯程度。這些研究結果,不但在學術上可提供實證的證據,而且在實務上亦可提供投資者甚具投資決策的參考依據。
When firms need to conquer their market, internationalization strategy and R&D investment are crucial to the success of the firms. Facing the frequency of the international economic and trade exchanges, firms need to figure out a strategy to strengthen their competitiveness and increase their market share.The purpose of this study is to examine the impact of the internationalization and R&D expenditures on their financial performance. This study uses the samples of forty-one (41) passive components firms listed in Taiwan Stock Exchange. The data is from the period of 2009 to 2018 and uses multiple regression analysis. The empirical results show that not only internationalization and financial performance are positive and significant,but also show that R&D and financial performance have a negative correlation. Furthermore, these research results provide relevant academic contributions and a valuable reference for stock investors.
謝誌 I
摘要 II
Abstract III
目錄 IV
表目錄 VI
圖目錄 VII
第一章 緒論 1
第一節 研究背景與動機 1
第二節 研究目的 4
第三節 研究設計 5
第四節 研究架構與流程 6
第五節 研究結果與貢獻 7
第六節 論文之組織結構 7
第二章 文獻探討與假說建立 8
第一節 被動元件產業概述 8
第二節 企業國際化的定義與衡量 11
第三節 研發支出的衡量 13
第四節 企業財務績效的衡量 14
第五節 企業國際化與財務績效的關聯性 17
第六節 企業研發支出與財務績效的關聯性 19
第三章 研究設計 20
第一節 研究樣本與資料來源 20
第二節 實證研究模型 21
第三節 研究變數與操作性定義 22
第四章 實證結果與分析 24
第一節 研究樣本 24
第二節 敘述性統計 25
第三節 實證研究結果 26
第四節 共線性分析 30
第五章 研究結論與建議 31
第一節 研究結論 31
第二節 研究貢獻 32
第三節 研究限制與後續研究的建議 33
參考文獻 34
一、中文部份 34
二、外文部份 35
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