透過您的圖書館登入
IP:18.189.2.122
  • 期刊
  • OpenAccess

資本支出、企業規模與研發投資對企業績效之影響

Capital Expenditures, Firm Size, and R&D Investment Impact on Enterprise Performance

摘要


本研究主旨在於探討資本支出、企業規模與研發投資對企業績效的關聯性探討。本文運用歐盟統計局資料庫之數據進行分析,先利用相關分析檢定各變數項間之相關性,進而利用反應曲面模式找出每兩自變數項在交互作用下對企業績效的影響程度。在研究結果方面,資本支出、企業規模與研發投資對企業績效均有顯著的正向影響,而每兩自變數項在交互作用下對企業績效均有顯著的負向影響。結論部份,實證結果配合過去學者文獻進行解釋及未來思考方向。未來研究方向則提出跨產業特質比較與跨文化領域運用,如營運模式,期望可修正、建構新的架構模式。

並列摘要


This study discussed the influence of the capital expenditures, firm size, and R&D investment on enterprise performance. This paper used the database of Eurostat to analyze correlation among all variables. Moreover, this paper used the response surface model to find the interaction of each two independent variables which impact on enterprise performance. The results of this study displayed capital expenditures, firm size, and R&D investment significantly positive impacted on enterprise performance. Moreover, the interactions of independent variables significantly negative impacted on enterprise performance. The empirical results integrated the previous studies to suggest research topics for the future researchers. This study suggested that future research could focus on cross-cultural and cross-industrial differences. Therefore, this study expected to amend and construct the new structural model.

參考文獻


宋東(2007)。歐洲經濟需要體制變革大手術。天下雜誌。378
Broom, H. N.,Longenecker, J. G.(1975).Small business management.Ohio:South-Western.
Callen, J.,Livnat, J.,Ryan, S.(1996).Capital expenditure: value-relevance and fourth-quarter effects.The Journal of Financial Statement Analysis.1,13-24.
Jiang, Ching-Hai,Chen, Hsiang-Lan,Huang, Yen-Sheng(2006).Capital expenditures and corporate earnings; Evidence from the Taiwan Stock Exchange.Managerial Finance.32(11),853-861.
Echevarria, D. P.(1997).Capital investment and the profitability of fortune 500 industrials: 1971-1990.Studies in Economics and Finance.18(1),3-35.

延伸閱讀