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| Title: | 我國電子工業研發支出之決定因素-兼論董事會特性之影響
The Determinants of R&D in Taiwan Electronic Industry : A Focus on Characteristics of Board of Directors |
| Authors: | 洪胤傑
Hong, Yie Jie |
| Contributors: | 張清福
洪胤傑
Hong, Yie Jie |
| Keywords: | 電子工業
企業個別屬性
董事會特性
研究發展支出
Electronic industry
Individual characteristic of the enterprise
The characteristic of the board of directors
R&D expenditure |
| Date: | 2017 |
| Issue Date: | 2017-09-13 14:11:14 (UTC+8) |
| Abstract: | 電子工業為我國最重要之高科技產業，從全球市場需求面而言，電子產業已經步入市場高原期，成長動能趨緩，且全球電子產品產生質與量的轉變；從全球廠商競爭面而言，中日韓等國家競爭威脅倍增。我國電子工業面臨轉型及外在競爭壓力下，為使產業不斷升級，必須投入大量的研究發展支出，藉此提高企業經營績效及企業價值。由於研究發展支出對於電子工業極為重要，本研究欲探討企業投入研究發展支出之決定因素，並且深入探討公司內部治理核心-董事會特性，對研發支出投入程度之影響。
本研究以台灣上市(櫃)電子工業2008年至2015年資料為樣本，採普通最小平方法，進行回歸分析，實證結果如下：
一、 企業個別屬性：
1. 企業規模、速動比率及營收成長率皆與研究發展支出有正向顯著關係。
2. 負債比率及成立時間皆與研究發展支出有負向顯著關係。
二、 董事會特性：
1. 董事長內部化及獨立董事比率與研究發展支出有正向顯著關係。
2. 董事會規模及董事持股比率與研究發展支出有負向顯著關係。
As the most important industry in Taiwan, electronic industry has tremendous R&D expenditure. This study investigates the determinants of R&D expenditure of electronic industry in Taiwan and focuses on the characteristic of the board of directors.
The sample consists of electronic firms listed in Taiwan Stock Exchange or from OTC during 2008 to 2015. Contrast to the literature, this study considers both the firm characteristics and characteristics of the board of directors. The empirical results are as follows:
1. Individual characteristic of the enterprise:
(1). Firm size, quick ratio and revenue growth rate are positively related to R&D expenditure.
(2). Debt ratio and establishment time are negatively related to R&D expenditure.
2. The characteristics of the board of directors:
(1). Internalization of the chairman and the ratio of independent directors are positively related to R&D expenditure.
(2). Board size and the shareholdings of the directors are negatively related to R&D expenditure. |
| Reference: | 一、中文文獻部分
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| Description: | 碩士
國立政治大學
會計學系
104353112 |
| Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0104353112 |
| Data Type: | thesis |
| Appears in Collections: | [會計學系] 學位論文
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