Bank-firm relationships and firm performance─ evidence from selected construction companies
| Autor: | Hsiu-Chuan Hsueh, 薛秀娟 |
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| Rok vydání: | 2003 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 91 The purpose of this study is to find out the relationship between the bank-firm relationships and the performance of construction companies. As we know, it is the characteristic of construction companies, need bank borrowings from purchasing land to accomplishment the building and as the same the customer when he purchased the house. How strong is the relationships to effect the construction companies? We focus the bank-firm relationship on the number, duration and the borrowings rate of banks. By using a sample of 34 selected construction companies, we examine the bank relationships and firm performance 1992-2000. We find no evidence that the construction companies of close bank relationships have a higher performance. Besides, we investigated the bank influence on the construction companies’ performance for the number, duration and the borrowings rate of banks. There is a significantly statistic negative for the number and duration of banks correlative to the performance of construction companies. Documented the data set of the number of borrowing banks, the mean number is about 7 and the maximum is 22. It seems that it keeps more borrowing banks of the construction companies in Taiwan. Results indicate that the more banks of bank-firm relationships, worsened the firm performance. The higher bank borrowings rate of the construction companies, takes a tie relationship of bank. It is significantly statistic negative for the bank borrowings rate of the construction companies correlative to the performance of construction companies by the simple regression. But it is no significant by the multiple regression. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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