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    Title: 臺灣電信產業資本結構決定因素之研究
    The Determinants of Capital Structure of The Telecom Industry in Taiwan
    Authors: 林志隆
    Lirn, Jyh Lurng
    Contributors: 謝劍平
    Shieh, Joseph C.P.
    林志隆
    Lirn, Jyh Lurng
    Keywords: 資本結構
    負債比率
    Capital Structure
    Debt Ratio
    Date: 2008
    Issue Date: 2010-12-08 15:36:12 (UTC+8)
    Abstract: By use of traditional regression analysis, this study investigates the explanatory power of several factors on the capital structure of the three biggest telecom companies in Taiwan. The study extends empirical work on capital structure through Granger causality to determine whether it is, for instance, the firm size that affects the choice of capital structure or a firm's choice of capital structure that affect its firm size. In the traditional regression analysis, confirming the pecking order model, more profitable firms have lower debt ratio. Consistent with most literatures, collateral value of tangible assets has a positive effect on debt ratio. The effect of firm size is ambiguous. Results of Granger causality between variables have different implications for the selected companies. Overall this study provides some useful information of capital structure of the telecom industry in Taiwan.
    Reference: 【中文】
    1.中華電信股份有限公司96年度年報。
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    6.張炯滄,2005,「中華航空公司資本結構影響因素之探討」,政治大學商學院經營管理碩士學程碩士論文。
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    【英文】
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    Description: 碩士
    國立政治大學
    財務管理研究所
    94357026
    97
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0094357026
    Data Type: thesis
    Appears in Collections:[Department of Finance ] Theses

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