The Relationship between Diversification Strategy and Corporate Financial Crisis

• Main Authors: Lin,Chun-Kai, 林俊凱
• Other Authors: Wu, Ming-Chang
• Format: Others
• Language: zh-TW
• Published: 2018
• Online Access: http://ndltd.ncl.edu.tw/handle/rwpadp

碩士 === 國立彰化師範大學 === 財務金融技術學系 === 106 === Based on data of listed companies on Taiwan Stock Exchange (TWSE) through 2006~2016, financial crisis is dependent variable of this paper, this factor is dummy variable.The reserch discuss whether diversification strategy affect the occurrence of corporate financial crisis or not. Whether the company size and shareholding structure also affect the occurrence of corporate financial crisis or not.Read the reserch on financial distress prediction model ,find the debt/asset ration, the return of asset and the major accounting firms also affect the occurrence of corporate financial crisis.This paper’s research instrument is logistic regression analysis. Empirical result shows highly diversified companies increase the occurrence of corporate financial crisis.But diversified companies increase the occurrence of corporate financial crisis is nonsignificant.