The Study on the Business Valuation & Value Creation Strategies– A Case Study on S Company of Automobile Parts Industry in Taiwan.
碩士 === 東海大學 === 財務金融學系碩士在職專班 === 104 === As the quality of life is consistently improved, consumers’ demand for vehicle functions increased as well, especially the needs for the function of security, comfortability and environmental awareness. Moreover, governments from each corner of the world en...
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ndltd-TW-104THU013040102019-05-15T22:43:40Z http://ndltd.ncl.edu.tw/handle/zw4t74 The Study on the Business Valuation & Value Creation Strategies– A Case Study on S Company of Automobile Parts Industry in Taiwan. 企業評價與價值創造策略之研究-以台灣汽車零組件產業S公司為例 Wang, Ya-Hui 王雅惠 碩士 東海大學 財務金融學系碩士在職專班 104 As the quality of life is consistently improved, consumers’ demand for vehicle functions increased as well, especially the needs for the function of security, comfortability and environmental awareness. Moreover, governments from each corner of the world enact the laws voluntarily in order to meet the standard of equipments and examinations, which brings a great positive impact on vehicle electronics. We possess an advantage of advanced communication industry and high internet technology in Taiwan, and that is the reason why we are leading in the cars and auto parts assembly line. In order to understand deeply how the industry could succeed in creating the enterprise value, this study adopts the case study research as the study method. We utilise the Discounted Cash Flow Method and Economic Profit Model which are used usually in circles of practice. And we evaluate the value according to three different hypothetical situations: optimistic, neutral and pessimistic situation. After that, by adopting Sensitivity Analysis Method, we are able to discover the determinants of the valuation of the case enterprise. In conclusion, it shows that the determinants of the valuation of each enterprise mainly consist of operating costs, operating expenses and weighted average cost of capital (WACC). Therefore, to advise a value creation, these three elements are highly recommended to be taken into consideration when business owners make business decision in the future. Chan, Chia-Chung 詹家昌 2016 學位論文 ; thesis 118 zh-TW |
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碩士 === 東海大學 === 財務金融學系碩士在職專班 === 104 === As the quality of life is consistently improved, consumers’ demand for vehicle functions increased as well, especially the needs for the function of security, comfortability and environmental awareness. Moreover, governments from each corner of the world enact the laws voluntarily in order to meet the standard of equipments and examinations, which brings a great positive impact on vehicle electronics. We possess an advantage of advanced communication industry and high internet technology in Taiwan, and that is the reason why we are leading in the cars and auto parts assembly line.
In order to understand deeply how the industry could succeed in creating the enterprise value, this study adopts the case study research as the study method. We utilise the Discounted Cash Flow Method and Economic Profit Model which are used usually in circles of practice. And we evaluate the value according to three different hypothetical situations: optimistic, neutral and pessimistic situation. After that, by adopting Sensitivity Analysis Method, we are able to discover the determinants of the valuation of the case enterprise. In conclusion, it shows that the determinants of the valuation of each enterprise mainly consist of operating costs, operating expenses and weighted average cost of capital (WACC). Therefore, to advise a value creation, these three elements are highly recommended to be taken into consideration when business owners make business decision in the future.
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author2 |
Chan, Chia-Chung |
author_facet |
Chan, Chia-Chung Wang, Ya-Hui 王雅惠 |
author |
Wang, Ya-Hui 王雅惠 |
spellingShingle |
Wang, Ya-Hui 王雅惠 The Study on the Business Valuation & Value Creation Strategies– A Case Study on S Company of Automobile Parts Industry in Taiwan. |
author_sort |
Wang, Ya-Hui |
title |
The Study on the Business Valuation & Value Creation Strategies– A Case Study on S Company of Automobile Parts Industry in Taiwan. |
title_short |
The Study on the Business Valuation & Value Creation Strategies– A Case Study on S Company of Automobile Parts Industry in Taiwan. |
title_full |
The Study on the Business Valuation & Value Creation Strategies– A Case Study on S Company of Automobile Parts Industry in Taiwan. |
title_fullStr |
The Study on the Business Valuation & Value Creation Strategies– A Case Study on S Company of Automobile Parts Industry in Taiwan. |
title_full_unstemmed |
The Study on the Business Valuation & Value Creation Strategies– A Case Study on S Company of Automobile Parts Industry in Taiwan. |
title_sort |
study on the business valuation & value creation strategies– a case study on s company of automobile parts industry in taiwan. |
publishDate |
2016 |
url |
http://ndltd.ncl.edu.tw/handle/zw4t74 |
work_keys_str_mv |
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