The Analysis of Construction Industry Firm’s Performance in Taiwan.

碩士 === 銘傳大學 === 企業管理學系碩士班 === 101 === Construction industry is called industry of “Locomotive” that can promote domestic economy of other relevance industry. The performance of domestic Construction industry was not good enough because of global financial tsunami in 2008 and enactment of luxury tax...

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Bibliographic Details
Main Authors: Fu-Yu You, 游馥宇
Other Authors: Hui-Chen Chiang
Format: Others
Language:zh-TW
Published: 2013
Online Access:http://ndltd.ncl.edu.tw/handle/09115442352230889451
Description
Summary:碩士 === 銘傳大學 === 企業管理學系碩士班 === 101 === Construction industry is called industry of “Locomotive” that can promote domestic economy of other relevance industry. The performance of domestic Construction industry was not good enough because of global financial tsunami in 2008 and enactment of luxury tax in 201.This study used data envelopment analysis method, total asset、expenses and total liabilities as input variables, and market values added as output variables. This study try to find which domestic construction industry has most efficient to create added valued in the market. Then use Tobit regression model to verification the variable selected, in further to explore what is the key factors of the efficient to create added value in the market. The sample is collected from listed 33 firms during the period of 205-2012.With the analysis results, Construction Industry’s performance haven’t affected by the financial tsunami. About Effect factors of Operating performance, board ownership, large shareholders, manager shareholding and return on assets has a positive impact for construction business performance. But the total share capital has negative impact for construction business performance; it indicated large total share capital hadn’t better operating performance. It must observe responsibility and authority‘s distribution of each participant that will inspirit of business performance and enhance the value of long-term investments of the investor.