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...

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Main Authors: RANGSINEE WANGMAN, 安裘莉娜
Other Authors: CHAI-LIANG HUANG
Format: Others
Language:en_US
Published: 2019
Online Access:http://ndltd.ncl.edu.tw/handle/af5ux5
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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
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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
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