教師資料查詢 | 類別: 期刊論文 | 教師: 蘇志偉 Su, Chih-wei (瀏覽個人網頁)

標題:The Choices of Capital Structure: Some Evidence from Taiwanese Electronic Firms
學年99
學期1
出版(發表)日期2010/11/01
作品名稱The Choices of Capital Structure: Some Evidence from Taiwanese Electronic Firms
作品名稱(其他語言)
著者Chang, Hsu-ling; Liang, Hsin-yu; Su, Chi-wei; Zhu, Meng-nan
單位淡江大學國際貿易學系暨國際企業研究所
出版者Lagos: Academic Journals
著錄名稱、卷期、頁數African Journal of Business Management 4(15), pp.3332-3336
摘要This study intends to examine the choices of capital structure from Taiwanese electronic firms.
Empirical results here provide the evidence that Taiwanese electronic firms follow the different
financing behavior depending on the level of profitability. This study adopts two separated processes:
First, we adopt Panel Unit Root Tests and find that under the different profitability the firms have
different financing behaviors. Second, we adopt the model of Watson and Wilson (2002) to determine
the order of the capital. We find out that the firms with a high level of profitability support the pecking
order theory but the firms with a low profitability turn to support the static trade-off theory. However,
the firms with the medium profitability cannot have any significant results.
關鍵字Capital structure;Trade-off theory;pecking order theory
語言英文
ISSN1993-8233
期刊性質國外
收錄於SSCI
產學合作
通訊作者Su, Chi-wei
審稿制度
國別奈及利亞
公開徵稿
出版型式紙本
相關連結
SDGs
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