:::

詳目顯示

回上一頁
題名:國內上市公司資本結構決定因素之研究
書刊名:臺灣銀行季刊
作者:陳隆麒溫育芳
出版日期:2002
卷期:53:1
頁次:頁171-194
主題關鍵詞:資本結構因素分析Logit迴歸分析
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(12) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:12
  • 共同引用共同引用:0
  • 點閱點閱:7
     公司的資本結構受而許多因素的影響,可概分為公司本身的特性與公司外在的環境等因素。本研究嘗試綜合文獻所探討的各類決定因素,以國內所有上市公司為研究對象,進行資本結構決定因素的探討。本研究運用因素分析的結果,共萃取出四個共同因素,分別為產業競爭與獲利能力、公司規模、成長與風險、非負債稅盾。本研究另外提擬7項有關資本結構與變數關係的假說,以時虛擬變數與10種變數為自變數進行logit迴歸分析的結果,多數假說可獲得支持。本研究有兩點貢獻之處,一為以研究期間內所有的上市公司為研究對象,有別於其他針對特定產業或抽樣的研究;二為去文獻未探討公司資本結構在時間上結構性的改變,而本研究將研究期間分為兩個時期進行比較分析,結果發現公司的資本結構在時間上有顯著的變化。
期刊論文
1.朱博湧、吳壽山、邱淑芳(19921200)。資本結構決定因素--臺灣實證探討。管理科學學報,9(2),159-177。  延伸查詢new window
2.Scott, James H. Jr.(1977)。Bankruptcy, secured debt, and optimal capital structure。Journal of Finance,32(1),1-20。  new window
3.Heinkel, Robert、Zechner, Josef(1990)。The Role of Debt and Preferred Stock as a Solution to Adverse Investment Incentives。Journal of Financial and Quantitative Analysis,25(1),1-24。  new window
4.Harris, Milton、Raviv, Artur(1990)。The Theory of Capital Structure。Journal of Finance,46(1),297-355。  new window
5.劉維琪、李怡宗(19930700)。近代資本結構理論的綜合探討。企銀季刊,17(1),1-26。  延伸查詢new window
6.Maksimovic, Vojislav(1988)。Capital Structure in Repeated Oligopolies。Rand Journal of Economics,19,389-407。  new window
7.Titman, Sheridan(1984)。The Effect of Capital Structure on a Firm's Liquidation Decision。Journal of Financial Economics,13,137-151。  new window
8.Smith, Clifford W. Jr.(1986)。Investment banking and the capital acquisition process。Journal of Financial Economics,15,3-29。  new window
9.Warner, J.(1977)。Bankruptcy Costs: Some Evidence。Journal of Finance,32(2),239-276。  new window
10.Leland, Hayne、Pyle, David H.(1977)。Information asymmetric, financial structure, and financial intermediation。Journal of Finance,32(2),371-388。  new window
11.Brennan, Michael、Kraus, Alan(1987)。Efficient Financing under Asymmetric Information。Journal of Finance,42,1225-1243。  new window
12.Kim, Wi Saeng、Sorensen, Eric H.(1986)。Evidence on the Impact of the Agency Costs of Debt in Corporate Debt Policy。Journal of Financial and Quantitative Analysis,21(2),131-144。  new window
13.Brander, James A.、Lewis, Tracy R.(1986)。Oligopoly and Financial Structure: The Limited Liability Effect。American Economic Review,76,956-970。  new window
14.俞海琴、游國成(19950400)。我國商業銀行資本結構決定因素之實證研究。企銀季刊,18(4),49-64。  延伸查詢new window
15.陳文生、陳丰津(19951200)。資本結構決定因素之研究--以臺灣紡纖業上市公司為實證。高雄工商專校學報,25,191-212。  延伸查詢new window
16.陳家彬(19970900)。臺灣地區銀行資本結構決定因素之實證研究。臺灣經濟,249,30-45。  延伸查詢new window
17.Bowen, Robert M.、Daly, Lane A.、Ruber, Charles C. Jr.(1982)。Evidence on the Existence and Determinants of Inter-Industry Difference in Leverage。Financial Management,11,10-20。  new window
18.Bradley, Michael、Jarrell, Gregg A.、Kim, E. Han(1984)。On the Existence of an Optimal Capital Structure: Theory and Evidence。Journal of Finance,1984(Jul.),857-880。  new window
19.Constantinides, George M.、Grudy, Bruce D.(1989)。Optimal Investment with Stock Repurchase and Financing as Signals。The Review of Financial Studies,2,445-466。  new window
20.Diamond, Douglas W.(1985)。Reputation Acquisition in Debt Markets。Harvard Business Review,1985(May/Jun.),57-66。  new window
21.Myers, S. C.(1974)。Interaction of Corporate Financing and Investment Decision Implications for Capital Budgeting。Journal of Finance,1974(Mar.),1-25。  new window
22.Poitevin, Michael(1989)。Financial Signaling and the 'Deep-Pocket' Argument。Rand Journal of Economics,20,26-40。  new window
23.Smith, C. W.、Warner, J. B.(1979)。On Financial Contracting: An Analysis of Bond Covenants。Journal of Financial Economics,1979(Jun.),117-161。  new window
24.Stulz, René M.(1990)。Managerial Discretion and Optimal Financing Policies。Journal of Financial Economics,26(1),3-27。  new window
25.Myers, Stewart C.(1977)。Determinants of Corporate Borrowing。Journal of Financial Economics,5(2),147-175。  new window
26.Stulz, René M.(1988)。Managerial control of voting rights: Financing policies and the market for corporate control。Journal of Financial Economics,20(1/2),25-54。  new window
27.Baskin, Jonathan(1989)。An Empirical Investigation of the Pecking Order Hypothesis。Financial Management,18(1),26-35。  new window
28.Jensen, Michael C.(1986)。Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers。The American Economic Review,76(2),323-329。  new window
29.DeAngelo, Harry、Masulis, Ronald W.(1980)。Optimal Capital Structure under Corporate and Personal Taxation。Journal of Financial Economics,8(1),3-29。  new window
30.Miller, Merton H.(1977)。Debt and Taxes。The Journal of Finance,32(2),261-275。  new window
31.Modigliani, Franco、Miller, Merton H.(1963)。Corporate Income Taxes and the Cost of Capital: A Correction。The American Economic Review,53(3),433-443。  new window
32.Narayanan, M. P.(1988)。Debt Versus Equity under Asymmetric Information。Journal of Financial and Quantitative Analysis,23(1),39-51。  new window
33.Noe, Thomas H.(1988)。Capital Structure and Signaling Game Equilibria。The Review of Financial Studies,1(4),331-355。  new window
34.Myers, Stewart C.、Majluf, Nicholas S.(1984)。Corporate Financing and Investment Decisions When Firms Have Information That Investor Do Not Have。Journal of Financial Economics,13(2),187-221。  new window
35.Ross, S. A.(1977)。The determination of financial structure: The incentive signalling approach。Bell Journal of Economics and Management Science,8,177-183。  new window
研究報告
1.Hirshleifer, David、Thakor, Anjan V.(1989)。Managerial Reputation, Project Choice and Debt。Anderson Graduate School of Management at UCLA。  new window
2.Sarig, Oded H.(1988)。Bargaining with a Corporation and the Capital structure of the Bargaining Firm。Tel Aviv University。  new window
學位論文
1.張漢君(1991)。上市公司財務結構決定因素與融資順位理論之實證研究(碩士論文)。淡江大學,台北。  延伸查詢new window
2.陳世昌(1995)。負債比率與資金成本、獲利能力之間關係的實證研究(碩士論文)。國立中興大學。  延伸查詢new window
3.林弘裕(1996)。臺灣企業上市前後資本結構決定因素之研究(碩士論文)。大葉工學院。  延伸查詢new window
4.吳景富(1996)。資本結構決定因素之實證研究:自我迴歸分配遞延模式之應用(碩士論文)。東吳大學。  延伸查詢new window
5.石孟國(1991)。主要影響資本結構的因素--台灣地區股票上市公司的實證研究(碩士論文)。國立交通大學。  延伸查詢new window
6.王春琇(1995)。資本結構決定因素之新證--最適資本結構與融資順位理論之比較(碩士論文)。國立中興大學。  延伸查詢new window
7.楊欣正(1993)。股票上市公司資本結構決策因素之探討(碩士論文)。國立中興大學。  延伸查詢new window
8.朱國光(1995)。臺灣地區上市公司資本結構影響因素之研究(碩士論文)。國立政治大學。  延伸查詢new window
9.Ellsworth, Richard Ray(1980)。Corporate Strategy and Capital Structure Policy: A Descriptive Study(博士論文)。Harvard University。  new window
10.張正鴻(1994)。資本結構與代理理論之探討--臺灣股票上市公司之研究(碩士論文)。國立中正大學。  延伸查詢new window
11.邱維正(1994)。臺灣地區股票上市公司資本結構之再研究(碩士論文)。國立中正大學。  延伸查詢new window
12.劉雅慧(1996)。營建業資本結構影響因素之研究(碩士論文)。淡江大學。  延伸查詢new window
13.李志皓(1998)。台灣地區銀行資本結構決定因素之研究:本國銀行與外國銀行之比較(碩士論文)。國立暨南國際大學。  延伸查詢new window
14.邱惠文(1991)。資本結構決定因素之探討(碩士論文)。淡江大學。  延伸查詢new window
15.楊國彬(1997)。金融環境變遷下公司資本結構影響因素之研究(碩士論文)。國立交通大學。  延伸查詢new window
16.廖崇翰(1996)。銀行資本結構影響因素之研究--以台灣地區上市銀行為例(碩士論文)。大葉工學院。  延伸查詢new window
17.鐘亞權(1991)。資本結構與稅制關係之研究(碩士論文)。東海大學。  延伸查詢new window
18.蘇聖凱(1995)。影響上市公司財務結構因素之實證研究--不同指標之考量(碩士論文)。淡江大學。  延伸查詢new window
圖書
1.Bredley, R.、Myers, Stewart(1984)。Principles of corporate Finance。New York:McGraw-Hill。  new window
 
 
 
 
第一頁 上一頁 下一頁 最後一頁 top