臺灣博碩士論文加值系統

本研究是以台灣資訊科技指數之成分股中的32家企業為實證對象，研究期間從2016年第1季到2020年第4季。本研究採用相關係數分析、單變量檢定與多變量迴歸模式分析以檢視台灣資訊科技指數之成分股企業之營運資金與資本支出對於其企業經營績效(以資產報酬率與股東權益報酬率衡量)是否具有顯著正向影響。相關係數分析實證結果指出台灣資訊科技指數之成分股企業的經營績效與營運資金以及資本支出都有顯著正向關係。單變量檢定結果則顯示，具有較高營運資金與較大資本支出的台灣資訊科技指數之成分股企業都有顯著較佳的經營績效。在納入控制變數之迴歸結果大致上也支持研究假說是成立的，即有較高營運資金與較大資本支出的台灣資訊科技指數之成分股企業，應都有顯著較佳的經營績效。

This thesis is based on the 32 companies in the constituent stocks of the Taiwan Technology Index. The research period is from the first quarter of 2016 to the fourth quarter of 2020. This thesis uses the correlation coefficient analysis, univariate test and multivariate regression model analysis to examine whether the working capital and capital expenditure of the constituent companies of the Taiwan Technology Index have a significant positive effect on their business performance (measured by return on assets and return on equity). The empirical results of correlation coefficient point out that the operating performance of the constituent companies of the Taiwan Technology Index has a significant positive relationship with working capital and capital expenditure. The univariate test results show that the constituent companies of the Taiwan Technology Index with higher working capital and larger capital expenditure have significantly better operating performance. The regression results included control variables generally support that the constituent companies of the Taiwan Technology Index with higher working capital and larger capital expenditure should have significantly better operating performance.

中文摘要　 ------------------------------------------------------------------------------ i
英文摘要 ------------------------------------------------------------------------------ ii
誌謝 ------------------------------------------------------------------------------ iii
目錄 ------------------------------------------------------------------------------ iv　
表目錄 ------------------------------------------------------------------------------ v　
圖目錄 ------------------------------------------------------------------------------ vi　
一、緒論 ------------------------------------------------------------------------------ 1
　　（一）研究背景與動機---------------------------------------------------------- 1
　　（二）研究目的------------------------------------------------------------------- 13
　　（三）研究流程------------------------------------------------------------------- 14
二、文獻探討 --------------------------------------------------------------------------- 15
　　（一）科技業----------------------------------------------------------------------- 15
　　（二）營運資金與企業經營績效----------------------------------------------- 19
　　（三）資本支出與企業經營績效----------------------------------------------- 20
三、研究方法 ----------------------------------------------------------------------------- 22　
　　（一）實證方法--------------------------------------------------------------------- 22
　　（二）實證資料與實證對象------------------------------------------------------ 25
四、實證結果與分析 -------------------------------------------------------------------- 26
　　（一）變數敘述統計量------------------------------------------------------------- 26
　　（二）各變數之間的相關性分析--------------------------------------------------26
（三）單變量檢定------------------------------------------------------------------- 28
　　（四）迴歸分析---------------------------------------------------------------------- 29
五、結論與建議----------------------------------------------------------------------------- 23
　　（一）研究結論---------------------------------------------------------------------- 23
　　（二）研究建議---------------------------------------------------------------------- 23
參考文獻 ----------------------------------------------------------------------------------- 35
　　

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4.拓墣產業研究院，全球半導體設計公司營收排名，網址:https://www.topology.com.tw/。

二、英文

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