The Relationship between Capacity Utilization and Profit Margin：Evidence from Taiwan Listed Firms

• Main Authors: Yan-Qing Du, 杜燕青
• Other Authors: Rong-Roey Duh
• Format: Others
• Language: zh-TW
• Published: 2016
• Online Access: http://ndltd.ncl.edu.tw/handle/17470327012487402230

碩士 === 國立臺灣大學 === 會計學研究所 === 104 === This thesis examines the association between capacity utilization and profit margin. Using the hand-collected data about capacity utilization disclosed by listed firms in Taiwan for the investigation, this study obtains the following findings. When there exists un-utilized capacity, the rate of capacity utilization is positively associated with profit margin. But when the capacity is fully utilized, there is a negative association between capacity utilization rate and profit margin. Further, when companies expand their capacity by capital expenditure, the higher the utilization rate, the higher the profit margin.