財務績效、公司治理與總體經濟對財務危機發生之影響研究

dc.contributor徐美zh_TW
dc.contributorHsu, Meien_US
dc.contributor.author黃燕靖zh_TW
dc.contributor.authorHuang, Yan-Jingen_US
dc.date.accessioned2020-10-19T06:44:17Z
dc.date.available2022-07-29
dc.date.available2020-10-19T06:44:17Z
dc.date.issued2020
dc.description.abstract本論文的研究目的為應用ordered probit模型預測公司發生財務危機的機率,以1998年至2018年為研究期間,建立更精確之財務危機預測模型。本文以財務危機發生前一年度的財務比率、公司治理與總體經濟變數資料進行實證分析,使用110家財務危機公司與110家財務正常公司為研究樣本。其中,財務危機公司又分為47家實質財務危機公司與63家準財務危機公司。 實證結果發現,公司的財務表現、董事會特性以及經理人職能的確會影響財務危機發生的機率,而股權結構與總體經濟因素確實與公司發生財務危機具有關聯性。最後,本研究結果顯示,由財務比率、公司治理與總體經濟變數所建立的模型,對公司發生財務危機的預測能力是較佳的。zh_TW
dc.description.abstractThe purpose of research is to apply the ordered probit model to predict the probability of firm's financial distress during the period 1998-2018, and develops a more accurate financial distress prediction model. The estimated models use the financial ratio, corporate governance information, and macro-economic variables. The research samples are 110 financially distressed firms and 110 healthy firms. Among them, financially distressed firms are further divided into 47 substantial financially distressed firms and 63 quasi financially distressed firms. The empirical results find that the firm's financial performance, board characteristics and manager’s education levels will indeed affect the probability of financial distress, and the ownership structure and the macro-economic factors also are a relevant to the occurrence of the financial distress. Finally, the research also proves that the model established by the financial ratio, corporate governance information and macro-economic variables has better accuracy to predict the financial distress of the firm.en_US
dc.description.sponsorship管理研究所zh_TW
dc.identifierG060755040O
dc.identifier.urihttp://etds.lib.ntnu.edu.tw/cgi-bin/gs32/gsweb.cgi?o=dstdcdr&s=id=%22G060755040O%22.&%22.id.&
dc.identifier.urihttp://rportal.lib.ntnu.edu.tw:80/handle/20.500.12235/110628
dc.language中文
dc.subject財務危機zh_TW
dc.subject財務比率zh_TW
dc.subject公司治理zh_TW
dc.subject總體經濟zh_TW
dc.subjectordered probit模型zh_TW
dc.subjectfinancial distressen_US
dc.subjectfinancial ratioen_US
dc.subjectcorporate governanceen_US
dc.subjectmacro-economicen_US
dc.subjectordered probit modelen_US
dc.title財務績效、公司治理與總體經濟對財務危機發生之影響研究zh_TW
dc.titleThe Impacts of Financial Performance, Corporate Governance and Macroeconomics on the Prediction of Financial Distressen_US

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