臺灣博碩士論文加值系統

本研究以1995年至2011年，台灣上市、上櫃公司曾被列為全額交割股為研究對象。根據「台灣證券交易所股份有限公司營業細則第49條」之規定，當公司出現淨值過低、跳票、紓困、繼續經營有疑慮與無法如期償還公司債等情形時，視為非突發性的財務危機。
並非每間被打入全額交割的公司能夠順利找到成功重整的方法，究竟影響企業能否順利恢復正常交易的主要因素為何，實在值得探討。
本研究結果顯示資產報酬率愈高與有執行效率策略和擁有較多的自由資產，公司重新恢復正常交易之機率愈高。

In this study, taking TSE & OTC listed companies which had been
included in the altered trading method stocks from 1995 to 2011 as the research
object. In accordance with 「the Article 49 of the Operating Rules of the Taiwan
Stock Exchange Corporation」, when the company has any of following
situations as the financial distress: net worth of less than one-half of its share
capital stated, a negotiable instrument has been dishonored by a financial
institution due to insufficient funds, any petition for its reorganization has been
submitted to the court in its home country, the CPA-issued audit or review
report indicates substantial doubt about the going-concern assumption and
liability to redeem ordinary corporate bonds or convertible corporate bonds upon
maturity or upon creditor request.
However, not every full-cash delivery companies are able to find a way from
the failure to restructure successfully. Thus, what kinds of the main factors
affect the altered trading stocks resume to the list of normal trading are worthy
to research.
This research shows that if firms have the higher return on assets and to
implement the efficiency-oriented strategies and more free assets, the probability
to resume normal trading is higher.

目 綠
中文摘要……………………………………………… ……………………I
英文摘要……………………………………………………………………II
致謝…………………………… …………………………………………III
目錄…………………………………………………………………………IV
表目錄………………………………………… ……………………………V
圖目錄………………………………………………………………………VI
第一章、緒論……… ………………………………………………………1
1.1 研究背景與動機……………………………………………………… 1
1.2 研究目的……………………………………………………………… 3
1.3 研究流程……………………………………………………………… 4
第二章、 文獻探討………………………………………………………6
2.1 重整相關文獻……………………………………………………… 6
2.2 全額交割股之法令…………………………………………………10
第三章、 研究方法………………………………… …………………16
3.1 研究假說……………………………………………………………16
3.2 研究樣本與變數定義………………………………………………16
3.3 分析方法……………………………………………… …………20
第四章、 實證結果與分析………………… …………………………22
4.1 相關係數分析………………………………………………………22
4.2 平均數與中位數檢定……………………… ……………………24
4.3 邏輯斯特迴歸實證結果……………………………………………29
第五章、 結論…………………………… ……………………………34
參考文獻…………………………………………………………………36
一、中文部分……………………………………………………………36
二、英文部分……………………………………………………………37

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2. 唐瑞麟，1998 年，「我國財務危機困難公司重整成功影響因素之實
證研究」，成功大學會計研究所碩士論文
英文部分
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