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題名:公司為何要上市?以台灣銀行與保險產業為例
作者:周林毅
作者(外文):Lin-Yhi Chou
校院名稱:逢甲大學
系所名稱:商學研究所
指導教授:朱心蘅
學位類別:博士
出版日期:2009
主題關鍵詞:銀行業風險分散保險業公開化收購最低營運資本requirement operating capital regulationsdiversification and risk sharingacquisitiongoing publicbanking industryinsurance industry
原始連結:連回原系統網址new window
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本文使用1981至2007的台灣銀行業與保險業的股票之資料分析公開化的主要動機。銀行與保險業的上市動機皆包括是取得新資金、成立金融控股公司及符合增加最低營運資本的法令。除此之外,銀行業面臨高財務槓桿時其會選擇上市的機率較高,因此風險移轉的動機出現於銀行業。至於保險業則必須加入增加公司形象與收入的動機。
Data from Taiwan’s banks and insurance companies over the period from 1981 to 2007 were used to understand bank and insurance company motives for going public. Obtaining new cash, establishing financial shareholding companies and conforming to required operating capital regulations are motives for listing for both banks and insurance companies. In addition, high financial leverage banks have a high probability of listing, which supports the risk diversification motive. For insurance companies, the motive for listing includes enhancing company image and revenue.
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