The Difference of Risk between Group and Non-group Enterprises

碩士 === 銘傳大學 === 會計學系碩士班 === 99 === This research focus on the view of "risk". Comparing to non-group enterprises, what if the enterprises become a group can reduce the whole risk enterprises originally faced? Furthermore, consider the effect of group enterprises’ strategy on risk. The empi...

Full description

Bibliographic Details
Main Authors: Chien-Lun Li, 李建侖
Other Authors: FANG,WEI-LIAN
Format: Others
Language:zh-TW
Published: 2011
Online Access:http://ndltd.ncl.edu.tw/handle/75274469233173526068
Description
Summary:碩士 === 銘傳大學 === 會計學系碩士班 === 99 === This research focus on the view of "risk". Comparing to non-group enterprises, what if the enterprises become a group can reduce the whole risk enterprises originally faced? Furthermore, consider the effect of group enterprises’ strategy on risk. The empirical results show that group enterprises bear higher risk than non-group enterprises. But if group enterprises applied vertical integration or diversification strategy, it will effectively mitigate the systematic risk and operating risk.