Firm Value, Efficiency Level, and Efficiency Change: A Global Perspective
碩士 === 國立中正大學 === 國際財務金融管理碩士學位學程 === 107 === This paper use data envelopment analysis (DEA) to estimate firm efficiency as the factors to conduct whether firm efficiency has an impact on firm value creation during 2003-2017. The linkage between firm efficiency and Market-to-Book is a positive relati...
Main Authors: | , |
---|---|
Other Authors: | |
Format: | Others |
Language: | en_US |
Published: |
2019
|
Online Access: | http://ndltd.ncl.edu.tw/handle/af5ux5 |
id |
ndltd-TW-107CCU00305002 |
---|---|
record_format |
oai_dc |
spelling |
ndltd-TW-107CCU003050022019-10-31T05:22:42Z http://ndltd.ncl.edu.tw/handle/af5ux5 Firm Value, Efficiency Level, and Efficiency Change: A Global Perspective RANGSINEE WANGMAN 安裘莉娜 碩士 國立中正大學 國際財務金融管理碩士學位學程 107 This paper use data envelopment analysis (DEA) to estimate firm efficiency as the factors to conduct whether firm efficiency has an impact on firm value creation during 2003-2017. The linkage between firm efficiency and Market-to-Book is a positive relationship. Next, I divide Market-to-Book into 5 groups from the lowest to highest ratio. The lowest and highest Market-to-Book ratio represent value and growth stock. Moreover, the relationship between firm efficiency and competition on firm value. I find that in high competitive market the greater firm efficiency, the higher value of the firm. CHAI-LIANG HUANG 黃介良 2019 學位論文 ; thesis 80 en_US |
collection |
NDLTD |
language |
en_US |
format |
Others
|
sources |
NDLTD |
description |
碩士 === 國立中正大學 === 國際財務金融管理碩士學位學程 === 107 === This paper use data envelopment analysis (DEA) to estimate firm efficiency as the factors to conduct whether firm efficiency has an impact on firm value creation during 2003-2017. The linkage between firm efficiency and Market-to-Book is a positive relationship. Next, I divide Market-to-Book into 5 groups from the lowest to highest ratio. The lowest and highest Market-to-Book ratio represent value and growth stock. Moreover, the relationship between firm efficiency and competition on firm value. I find that in high competitive market the greater firm efficiency, the higher value of the firm.
|
author2 |
CHAI-LIANG HUANG |
author_facet |
CHAI-LIANG HUANG RANGSINEE WANGMAN 安裘莉娜 |
author |
RANGSINEE WANGMAN 安裘莉娜 |
spellingShingle |
RANGSINEE WANGMAN 安裘莉娜 Firm Value, Efficiency Level, and Efficiency Change: A Global Perspective |
author_sort |
RANGSINEE WANGMAN |
title |
Firm Value, Efficiency Level, and Efficiency Change: A Global Perspective |
title_short |
Firm Value, Efficiency Level, and Efficiency Change: A Global Perspective |
title_full |
Firm Value, Efficiency Level, and Efficiency Change: A Global Perspective |
title_fullStr |
Firm Value, Efficiency Level, and Efficiency Change: A Global Perspective |
title_full_unstemmed |
Firm Value, Efficiency Level, and Efficiency Change: A Global Perspective |
title_sort |
firm value, efficiency level, and efficiency change: a global perspective |
publishDate |
2019 |
url |
http://ndltd.ncl.edu.tw/handle/af5ux5 |
work_keys_str_mv |
AT rangsineewangman firmvalueefficiencylevelandefficiencychangeaglobalperspective AT ānqiúlìnà firmvalueefficiencylevelandefficiencychangeaglobalperspective |
_version_ |
1719285012956708864 |