臺灣人文及社會科學引文索引資料庫系統

:::

詳目顯示

回上一頁
第 1 筆 / 總合 1 筆   第一頁 上一頁 下一頁 最後一頁
/1頁
題名：企業信用風險指標對智慧資本影響企業價值之干擾效果
書刊名：東吳經濟商學學報
作者：顏怡音／韓千山 引用關係
作者(外文)：Yen, Yi Yin／Han, Chien Shan
出版日期：2012
卷期：77
頁次：頁53-90
主題關鍵詞：企業信用風險；智慧資本；企業價值；多元適應性雲形迴歸；Corporate credit risk；Intellectual capital；Business value；Multivariate adaptive regression splines
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(5) 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:5
  • 共同引用共同引用:122
  • 點閱點閱:142
智慧資本能為公司創造價值並持續保持競爭優勢，惟當企業信用風險升高，可能會干擾智慧資本之價值創造效果，過去文獻鮮少加以探討，本研究期能彌補此方面文獻之不足。此外，多元適應性雲形迴歸（Multivariate AdaptiveRegression Splines，MARS）可解決智慧資本資料可能存在非線性、非常態等問題，所篩選之自變數具判別力，在模型預測能力及鑑別準確度，顯然優於一般線性迴歸，故本研究以2000～2006年257家台灣上市公司之智慧資本與財務資料，先運用MARS篩選智慧資本之變數，再運用縱橫資料分析企業信用風險如何干擾智慧資本之價值創造效果。結果發現企業信用風險對每位員工經濟附加價值、員工生產力、員工學歷、應收帳款週轉率、固定資產週轉率、銷售予最大客戶比率之價值創造，具負向之干擾效果。
Intellectual capital lies deep within corporations, creates value and maintains the competitive advantage of corporations. As the credit risk of a corporation increases, so does the cost of capital, which may interfere with value creation of intellectual capital. Previous studies have scarcely scratched the surface of this phenomenon, and it is precisely this shortcoming that we seek to address in this study. Multivariate adaptive regression splines (MARS) resolves non-linear, non-normal Intellectual capital data issues and it also enables the selection of independent variables. This model appears to surpass ordinary least squares regression in forecast ability and accuracy of identification. We collected and constructed intellectual capital and financial data from 257 listed companies in Taiwan from the period between 2000 and 2006. MARS was applied to select the variables of intellectual capital, and panel data was used to analyze how corporate credit risk interfered with the value creation of intellectual capital. We showed that corporate credit risk did exhibit negative significant moderating effects on intellectual capital and business value.
期刊論文
1.李天行、唐筱菁(20040400)。整合財務比率與智慧資本於企業危機診斷模式之建構--類神經網路與多元適應性雲形迴歸之應用。資訊管理學報，11(2)，161-189。new window  延伸查詢new window
2.周恆志、陳達新、巫春洲(20070100)。Gram-Charlier GARCH選擇權演算法的評價與避險績效。管理與系統，14(1)，95-119。new window  延伸查詢new window
3.徐中琦、黃騰緯(20071200)。智慧資本與企業經濟價值關聯性之實證研究。科技管理學刊，12(4)，35-65。new window  延伸查詢new window
4.陳惠玲、蕭惠元(20040300)。TCRI定位、範圍及程序概述。貨幣觀測與信用評等，46，4-12。  延伸查詢new window
5.沈大白、凌志銘(20060600)。信用違約交換評價之實證研究--TCRI信用評等資訊之應用。金融風險管理季刊，2(2)，47-74。  延伸查詢new window
6.Bontis, Nick(1999)。Managing Organizational Knowledge by Diagnosing Intellectual Capital : Framing and Advancing the State of the Fields。International Journal of Technology Management，18(5)，433-462。  new window
7.Becker, Gary S.(1985)。Human Capital, Effort and the Sexual Division of Labor。Journal of Labor Economics，3(2)，33-58。  new window
8.Kavida, V.、Sivakoumar, N.(2009)。Intellectual Capital: A Strategic Management Perspective。The IUR Journal of Knowledge Management，7(5/6)，55-69。  new window
9.劉正田(19991200)。企業商譽與研發投資關係之研究。科技管理學刊，4(2)，105-124。new window  延伸查詢new window
10.Griliches, Z.(1990)。Patent Statistics as Economic Indicator: A Survey。Journal of Economic Literature，28(4)，1661-1707。  new window
11.Pantzalis, Christos(2001)。Does Location Matter? An Empirical Analysis of Geographic Scope and MNC Market Valuation。Journal of International Business Studies，32(1)，133-155。  new window
12.DeMarzo, Peter M.、Duffie, Darrell(1995)。Corporate Incentives for Hedging and Hedge Accounting。Review of Financial Studies，8(3)，743-771。  new window
13.劉正田、林修葳、金成隆(20051000)。創新價值鏈之路徑分析：企業研發投資成效之實證研究。管理評論，24(4)，29-56。new window  延伸查詢new window
14.Palacios-Huerta, I.(2003)。An Empirical Analysis of the Risk Properties of Human Capital Returns。The American Economic Review，93(3)，948-964。  new window
15.Mather, P.、Ramsay, A.(2007)。Do Board Characteristics Influence Impression Management through Graph Selectivity around CEO Changes?。Australian Accounting Review，17(2)，84-95。  new window
16.Miles, G.、Miles, R. E.、Perrone, V.、Edvinsson, L.(1998)。Some Conceptual and Research Barriers to the Utilization of Knowledge。California Management Review，40(3)，281-288。  new window
17.Bonits, Nick、Keow, William C. C.、Richardson, Stanley(2000)。Intellectual capital and business performance in Malaysian industries。Journal of Intellectual Capital，1(1)，85-100。  new window
18.Chauvin, K. W.、Hirschey, M.(1993)。Advertising, R&D expenditures and the market value of the firm。Journal of Financial Management and Analysis，22(4)，128-140。  new window
19.邱志洲、李天行、周宇超、呂奇傑(20020300)。整合鑑別分析與類神經網路在資料探勘上之應用。工業工程學刊，19(2)，9-22。new window  延伸查詢new window
20.Craven, P.、Wahba, G.(1979)。Smoothing noisy data with spline functions, estimating the correct degree of smoothing by the method of generalized cross-validation。Numberische Mathematik，31，317-403。  new window
21.Morck, R.、Yeung, B.(1991)。Why Investors Value Multinationality。Journal of Business，64(2)，165-187。  new window
22.Vellido, Alfredo、Lisboa, Paulo J. G.、Vaughan, J.(1999)。Neural networks in business: A survey of applications (1992-1998)。Expert Systems with Applications，17(1)，51-70。  new window
23.Johnson, W. H. A.(1999)。An Integrative Taxonomy of Intellectual Capital: Measuring the Stock and Flow of Intellectual Capital Components in the Firm。International Journal of Technology Management，18(5-8)，562-575。  new window
24.王文英、張清福(20040700)。智慧資本影響績效模式之探討：我國半導體業之實證研究。會計評論，39，89-117。new window  延伸查詢new window
25.Smith, Clifford W.、Stulz, René M.(1985)。The determinants of firms' hedging policies。Journal of Financial and Quantitative Analysis，20(4)，391-405。  new window
26.Roos, Göran、Roos, Johan(1997)。Measuring your Company's Intellectual Performance。Long Range Planning，30(3)，413-426。  new window
27.Friedman, Jerome H.(1991)。Multivariate Adaptive Regression Splines。The Annals of Statistics，19(1)，1-67。  new window
28.Hausman, Jerry A.(1978)。Specification tests in econometrics。Econometrica: Journal of the Econometric Society，46(6)，1251-1271。  new window
29.Tobin, James(1969)。A General Equilibrium Approach to Monetary Theory。Journal of Money, Credit and Banking，1(1)，15-29。  new window
30.Delios, Andrew、Beamish, Paul W.(1999)。Geographic scope, product diversification and the corporate performance of Japanese firms。Strategic Management Journal，20(8)，711-727。  new window
31.Shin, Hyun-Han、Stulz, René M.(1998)。Are Internal Capital Markets Efficient?。The Quarterly Journal of Economics，113(2)，531-552。  new window
32.王文英、李佳玲(20080700)。策略、智慧資本觀點下之價值鏈活動與財務績效關連性：臺灣資訊電子業之實證研究。會計評論，47，89-121。new window  延伸查詢new window
33.王天津、陳盈秀(2006)。應用粗集合方法於企業信用評等之研究。創新與管理，3(1)，153-163。new window  延伸查詢new window
34.王文英、李佳玲(2008)。我國資訊電子業之企業重要智慧資本--外部資訊使用者與內部人士之觀點。當代會計，9(1)，33-68。new window  延伸查詢new window
35.陳惠玲、李冠皓(2007)。TCRI製程4--工具篇：TCRI底稿。TEJ信用風險評估專刊，170-183。  延伸查詢new window
36.陳惠玲、李冠皓(2009)。TCRI製程2--基本等級之製作(步驟I)。TEJ信用風險評估專刊，135-148。  延伸查詢new window
37.Aretz, K.、Bartram, S. M.、Dufey, G.(2007)。Why Hedge? Rationales for Corporate Hedging and Value Implications。Journal of Risk Finance，8(5)，434-449。  new window
38.Bartram, S. M.(2000)。Corporate Risk Management as a Lever for Shareholder Value Creation。Financial Markets, Institutions, and Instruments，9(5)，279-324。  new window
39.Bessembinder, H.、Herbert, M.(1998)。Trading Costs and Volatility for Technology Stocks。Financial Analysts Journal，54(5)，64-71。  new window
40.Bose, S.(1996)。Classification Using Splines。Computational Statistics and Data Analysis，22，505-525。  new window
41.Chen, W.、Ma, C.、Ma, L.(2009)。Mining the Customer Credit Using Hybrid Support Vector Machine Technique。Expert Systems with Applications，36(4)，7611-7616。  new window
42.Chung, K. H.、Pruitt, S. W.(1994)。Simple Approximation of Tobin's Q.。Financial Management，23，70-74。  new window
43.De Andrés, J.、Sánchez-Lasheras, F.、Lorca, P.、De Cos Juez, F. J.(2011)。A Hybrid Device of Self Organization MAPS (SOM) and Multivariate Adaptive Regression Splines (MARS) for the Forecasting of Firms’ Bankruptcy。Accounting & Management Information Systems，10(3)，351-374。  new window
44.Herremans, I. M.、Isaac, R. G.、Kline, T. J. B.、Nazari, J. A.(2011)。Intellectual Capital and Uncertainty of Knowledge: Control by Design of the Management System。Journal of Business Ethics，98(4)，627-640。  new window
45.Khani, A. H. A.、Ahmadi, F.、Homayouni, G.(2011)。The Impact of Intellectual Capital on Performance of Iranian Food Firms。Interdisciplinary Journal of Contemporary Research in Business，2(10)，315-326。  new window
46.Kurz, P.(2000)。Intellectual Capital Management and Value Maximization。Technology, Law & Insurance，5(1/2)，27-32。  new window
47.Palmer, T. B.、Wiseman, R. M.(1999)。Decoupling Risk Taking from Income Stream Uncertainty: A Holistic Model of Risk。Strategic Management Journal，20(11)，1037-1069。  new window
48.Ruan, W.、Tian, G.、Ma, S.(2011)。Managerial Ownership, Capital Structure and Firm Value: Evidence from China’s Civilian-Run Firms。Australasian Accounting Business & Finance Journal，5(3)，73-92。  new window
49.Siddappa, S.、Rosenberger, J. M.、Chen, V. C. P.(2008)。Optimising Airline Overbooking Using a Hybrid Gradient Approach and Statistical Modeling。Journal of Revenue and Pricing Management，7(2)，207-218。  new window
會議論文
1.Greene, W. A.(2000)。Partitioning Sets with Genetic Algorithms。Menlo Park。102-106。  new window
2.Kamaluddin, A.、Rahman, R. A.(2010)。The Moderating Effect of Organisation Culture on Intellectual Capital and Organisational Effectiveness Relationships584-595。  new window
研究報告
1.Bosworth, D. L.、Rogers, M.(1998)。Research and Development, Intangible Assets and the Performance of Large Australian Companies。Melbourne, Australia。  new window
學位論文
1.黃明輝(2002)。資料探勘在財務領域的運用--以債券型基金之績效評估為例(碩士論文)。輔仁大學。  延伸查詢new window
2.許峻源(2001)。類神經網路與多元適應性雲型迴歸於資料探勘分類模式之應用。輔仁大學。  延伸查詢new window
圖書
1.黃臺心(2005)。計量經濟學。台北：雙葉書廊。  延伸查詢new window
2.葉怡成(2003)。類神經網路模式--應用與實作。台北：儒林圖書公司。  延伸查詢new window
3.Roos, J.、Roos, G.、Dragonetti, N. C.、Edvinsson, L.(1998)。Intellectual capital: Navigating in the New Business Landscape。New York：New York University Press。  new window
4.Sullivan, Patrick H.(2000)。Value-Driven Intellectual Capital: How to Convert Intangible Corporate Assets Into market Value。New York, NY：John Wiley & Sons, Inc.。  new window
5.Stewart, Thomas A.(1997)。Intellectual capital: the new wealth of organizations。New York：Bantam DoubIeday Dell Publishing Group, Inc.。  new window
6.Edvinsson, Leif、Malone, Michael S.(1997)。Intellectual capital: realizing your company's true value by finding its hidden brainpower。New York, NY：HarperCollins Publishers Inc.。  new window
7.Lev, Baruch(2001)。Intangibles: Management, Measurement, and Reporting。Brookings Institution Press。  new window
8.Wooldridge, Jeffrey M.(2002)。Econometric Analysis of Cross Section and Panel Data。Cambridge, Massachusetts：MIT Press。  new window
9.Steinberg, D.、Bernard, B.、Phillip, C.、Kerry, M.(1999)。MARS User Guide。San Diego, CA：Salford Systems。  new window
10.Marr, B.(2005)。Perspectives on Intellectual Capital. Multidisciplinary Insights into Management-Measurement and Reporting。Boston。  new window
11.Saunders, A.、Cornett, M.(2010)。Financial Institutions Management: A Risk Management Approach。  new window
 
 
 
 
第一頁 上一頁 下一頁 最後一頁 top
:::
無相關書籍
 
無相關著作
 
QR Code
QRCODE

臺灣人文及社會科學引文索引資料庫

目前上線人數：318（臺灣：317，外國：1） ／ 本年度總使用人次：1520404 ／ 訪客人次（自102年09月）：67317708
國家圖書館著作權聲明 Copyright © 2013 All rights reserved.
本館地址: 100201臺北市中山南路20號． 本館地圖及交通資訊．
總機：(02)23619132．最佳瀏覽解析度為1024x768以上