The Study of Business Groups on IPO Performance
碩士 === 國立成功大學 === 經營管理碩士學位學程(AMBA) === 102 === The aim of this study is to analyse the performance of Taiwan initial public offering (IPO) during the period from 2005 until 2009, differentiating the analysis by business groups and non-business groups. We consider ROE as the performance dimension and...
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| Format: | Others |
| Language: | zh-TW |
| Published: |
2014
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| Online Access: | http://ndltd.ncl.edu.tw/handle/99271750415420182848 |
| Summary: | 碩士 === 國立成功大學 === 經營管理碩士學位學程(AMBA) === 102 === The aim of this study is to analyse the performance of Taiwan initial public offering (IPO) during the period from 2005 until 2009, differentiating the analysis by business groups and non-business groups. We consider ROE as the performance dimension and apply both T-test and multiple regression analysis in the research, the results are as follows:
(1)There is a negative impact on business groups on ROE performance than non-business groups 3 year after IPO.
(2)If the business group is belonged to electronic industry, there is a positive performance in the long run.
(3)If the business group is IPO in a hot issue markets, there is a negative performance in the long run.
(4)There is a positive correlation between the firm size of a business group and the IPO performance in the long run.
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