Business Group and Bank Loan Contract

碩士 === 國立雲林科技大學 === 財務金融系 === 106 === This study mainly discusses the degree of influence of the group's corporate structure and bank loan conditions. The empirical analysis uses Taiwan cabinet companies from 2002 to 2014. The least square method regression analysis (OLS) and Logistic regressio...

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Bibliographic Details
Main Authors: LIN,HSIN-YI, 林欣儀
Other Authors: LIU,CHIH-LIANG
Format: Others
Language:zh-TW
Published: 2018
Online Access:http://ndltd.ncl.edu.tw/handle/qzsz38
Description
Summary:碩士 === 國立雲林科技大學 === 財務金融系 === 106 === This study mainly discusses the degree of influence of the group's corporate structure and bank loan conditions. The empirical analysis uses Taiwan cabinet companies from 2002 to 2014. The least square method regression analysis (OLS) and Logistic regression analysis were used in the research methods, and the industry and annual fixed effects models were added. The empirical results show that: (1) Business Group have high external financing needs. (2) Business Group are considered low-risk firms, so there are better preferential conditions in bank loan contracts. The above results are in line with the expectations assumed in this paper.