Variance Decomposition Analysis of Business Profitability: The Case of Taiwan Manufacturing Industry

碩士 === 銘傳大學 === 國際企業學系碩士在職專班 === 98 === The study examines the relative importance of industry, corporate, business unit, year and transient industry effects on Taiwan manufacturing firms’ performance during 2001 to 2008. Consistent with previous Taiwan studies, the empirical findings indicate that...

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Bibliographic Details
Main Authors: Ya-Ting Chang, 張雅婷
Other Authors: Ching-Wen Chi
Format: Others
Language:zh-TW
Published: 2010
Online Access:http://ndltd.ncl.edu.tw/handle/15586416173984594423
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Summary:碩士 === 銘傳大學 === 國際企業學系碩士在職專班 === 98 === The study examines the relative importance of industry, corporate, business unit, year and transient industry effects on Taiwan manufacturing firms’ performance during 2001 to 2008. Consistent with previous Taiwan studies, the empirical findings indicate that the performance of Taiwan manufacturing industry is most affected by business unit effects. It indicates that the performances of Taiwan manufacturing firms are mainly determined by their competitive advantage. In addition, we also find the importance of industry, corporate and business unit effects differs significantly across four manufacturing sub-industries which are the metal machinery industry, the information and electronics industry, the petrochemical industry, and the livelihood industry. But there is no significant impact on year and transient industry effects of business unit profitability in Taiwan manufacturing. Our findings suggest that the variance of business profitability of inter-industry is more significant than intra-industry even there is a rapid change in Taiwan’s industry structure during 2001 to 2008.