The potential synergy analysis of four-in-one merger on Taiwanese Securities Exchange-A case study on Hong Kong Exchanges and Clearing Limited

碩士 === 輔仁大學 === 經濟學研究所 === 95 === This research is aimed to study the potential synergy effects in the proposed 4-in-1 merger of Taiwan Securities Exchange and its ancillary organizations. This study conducts a case study from the merger experiences from Hong Kong Exchanges and Clearing Limited, to...

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Bibliographic Details
Main Authors: Lu, Pei Jung, 呂佩蓉
Other Authors: Chen, Ming Shen
Format: Others
Language:zh-TW
Published: 2007
Online Access:http://ndltd.ncl.edu.tw/handle/50297310942837609503
Description
Summary:碩士 === 輔仁大學 === 經濟學研究所 === 95 === This research is aimed to study the potential synergy effects in the proposed 4-in-1 merger of Taiwan Securities Exchange and its ancillary organizations. This study conducts a case study from the merger experiences from Hong Kong Exchanges and Clearing Limited, to explore what were the synergy effects that resulted from the merger. We find that the merger in Hong Kong Exchanges and Clearing Limited possibly has brought in both operating as well as financial improvements. We also find that Hong Kong authorities also amend corresponding regulations to help themselves more approaching to be an Asian financial center. After learning from Hong Kong’s experiences, this research point out the potential benefits in the proposed 4-in-1 merger of Taiwan Securities Exchange and its ancillary organizations, as well as potential difficulties. To achieve the best merger effects, this research also recommends that the legal and business environments need to be adjusted accordingly.