The relationships a mong industrial strucures,in vestments and perfrmances
| Autor: | Min-Hsiu Tsai, 蔡敏秀 |
|---|---|
| Rok vydání: | 2006 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 94 This study uses the firms of biological pharmaceutical manufacturing industry in Japan as empirical objects. We collected 45-57 firms from 2000 to 2004 as empirical sample. We use the data form is panel data and use fixed and random effect approaches, respectively, to verify. This study was based on Mason-Bain’s “Structure-Conduct-Performance” industrial economy theory. By researching the relationship among structure, conduct and performance of biological pharmaceutical manufacturing industry firms in Japan, the empirical results could test industrial structural theory and provide the results to managers of the firms. The independent variables are total assets, number of employees, investment of plant and investment of research and development. Dependent variables earnings per share, return on equity and return on asset indicate firm’s performances. The empirical results are as follows: The results show that total assets have significantly positive effects on return on asset, and investment of research and development has significantly positive effect on earnings per share and return on equity. On the other hand, investment of plant has negative effect on earnings per share and return on equity. Keywords: biological pharmaceutical manufacturing industry, empirical, fixed and random effect, Structure-Conduct-Performance |
| Databáze: | Networked Digital Library of Theses & Dissertations |
| Externí odkaz: |
|