Dissertations / Theses: 'Financial performance evaluation'

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Erguina, Vera. "Safety assured financial evaluation of maintenance." Diss., Texas A&M University, 2004. http://hdl.handle.net/1969.1/516.

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Management decisions in complex industrial facilities usually consider both the economic and environmental aspects of the plant's performance. For nuclear power plants (NPPs), safety is also a very substantial issue. The objectives of this dissertation are to develop and demonstrate a novel useful conceptual model that could be used to allocate maintenance funds for a nuclear power plant in such a way as to meet all specified safety requirements and objectives, while achieving a high degree of economic performance. The model is based on the general theory that the reliability of a plant at any time is a function of its initial reliability and the maintenance history of the individual plant components (Smith, 1997). Such a model can assist in evaluating strategic management decisions regarding allocation of funds for nuclear power plant maintenance. It could be used as a simulation tool; various scenarios could be studied to answer "what if" questions. Simulations of this type will allow a better understanding of the relationship between maintenance, economic performance, and safety, and consequently will lead to better decision making. The novelty of this model is tied to the intimate relationship that it develops between maintenance activities at a nuclear plant, and their relationship to prescribed safety requirements and to the economic performance of that plant.

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Erasmus, Petrus Daniel. "Evaluating value based financial performance measures." Thesis, Stellenbosch : University of Stellenbosch, 2008. http://hdl.handle.net/10019.1/1407.

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Thesis (PhD (Economics))--University of Stellenbosch, 2008.
The primary financial objective of a firm is the maximisation of its shareholders’ value. A problem faced by the shareholders of a firm is that it is difficult to determine the effect of management decisions on the future share returns of the firm. Furthermore, it may be necessary to implement certain monitoring costs to ensure that management is focused on achieving this objective. A firm would, therefore, benefit from being able to identify those financial performance measures that are able to link the financial performance of the firm to its share returns. Implementing such a financial performance measure in the valuation and reward systems of a firm should ensure that management is aligned with the objective of shareholder value maximisation, and rewarded for achieving it. A large number of traditional financial performance measures have been developed. These measures are often criticised for excluding a firm’s cost of capital, and are considered inappropriate to be used when evaluating value creation. Furthermore, it is argued that these measures are based on accounting information, which could be distorted by Generally Accepted Accounting Practice (GAAP). Studies investigating the relationship between these measures and share returns also provide conflicting results. As a result of the perceived limitations of traditional measures, value based financial performance measures were developed. The major difference between the traditional and value based measures is that the value based measures include a firm’s cost of capital in their calculation. They also attempt to remove some of the accounting distortions resulting from GAAP. Proponents of the value based measures present these measures as a major improvement over the traditional financial performance measures and report high levels of correlation between the measures and share returns. A number of studies containing contradictory results have been published. On the basis of these conflicting results it is not clear whether the value based measures are able to outperform the traditional financial performance measures in explaining share returns. The primary objectives of this study are thus to: • Determine the relationship between the traditional measures earnings before extraordinary items (EBEI) and cash from operations (CFO), and shareholder value creation; • Investigate the value based measures residual income (RI), economic value added (EVA), cash value added (CVA) and cash flow return on investments (CFROI), and to determine their relationship with the creation of shareholder value; • Evaluate the incremental information content of the value based measures above the traditional measures. The information content of the traditional measures and the value based measures are evaluated by employing an approach developed by Biddle, Bowen and Wallace (1997). The first phase of this approach entails the evaluation of the relative information content of the various measures in order to determine which measure explains the largest portion of a firm’s market-adjusted share returns. The second phase consists of an evaluation of the incremental information content of the components of a measure in order to determine whether the inclusion of an additional component contributes statistically significant additional information beyond that contained in the other components. The study is conducted for South African industrial firms listed on the Johannesburg Securities Exchange for the period 1991 to 2005. The data required to calculate the measures investigated in the study are obtained from the McGregor BFA database. This database contains annual standardised financial statements for listed and delisted South African firms. It also contains EVA, cost of capital and invested capital amounts for those firms listed at the end of the research period. Including only these listed firms in the research sample would expose the study to a survivorship bias. Hence these values are estimated for those firms that delisted during the period under review by employing a similar approach to the one used in the database. The resulting sample consists of 364 firms providing 3181 complete observations. Since different information is required to calculate the various measures included in the study, different samples are compiled from this initial sample and included in the tests conducted to evaluate the information content of the measures. The results of this study indicate that the value based measures are not able to outperform EBEI in the majority of the relative information content tests. Furthermore, the measures EVA, CVA and CFROI are also not able to outperform the relatively simple value based measure RI. The results from the incremental information content tests indicate that although some of the components of the value based measures provide statistically significant incremental information content, the level of significance for these relatively complex adjustments is generally low. Based on these results, the claims made by the proponents of the value based measures cannot be supported. Furthermore, if a firm intends to incorporate its cost of capital in its financial performance measures, the measure RI provides most of the benefits contained in the other more complex value based measures.

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Faruk, Hossan, and Ahsan Habib. "Performance evaluation and ratio analysis of Pharmaceutical Company in Bangladesh." Thesis, University West, Department of Economics and Informatics, 2010. http://urn.kb.se/resolve?urn=urn:nbn:se:hv:diva-2516.

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The thesis applies performance evaluation of pharmaceutical company in Bangladesh. It means evaluate how well the company performs. The main aim is achieved through ratio analysis of two pharmaceutical (Beximco and Square pharmaceutical) companies in Bangladesh. The main data collection from the annual financial reports on Beximco and square pharmaceutical companies in 2007 to 2008.Different financial ratio are evaluated such liquidity ratios, asset management ratios, profitability ratios, market value ratios, debt management ratios and finally measure the best performance between two companies. The mathematical calculation was establish for ratio analysis between two companies from 2007-2008.It is most important factors for performance evaluation. The graphical analysis and comparisons are applies between two companies for measurement of all types of financial ratio analysis. Liquidity ratio is conveying the ability to repay short-term creditors and it total cash. It determines perform of short term creditor of both pharmaceutical companies under the three categories such as current ratio, quick ratio and cash ratio. Asset management ratio is measurement how to effectively a company to use and controls its assets. Its also quantify into seven categories for both pharmaceutical companies such as account receivable turnover, average collection period, inventory turnover, account payable turnover ,account payable turnover in days ,fixed asset turnover ,total asset turnover. Profitability ratio is evaluate how well a company is performing by analyzing and how profit was earned relative to sales, total assets and net worth for both pharmaceutical companies. Debt coverage ratio is performing that the property insufficient to collect their mortgage for both companies and market value is perform the stockholder to analysis their future market value of the stock market. Overall analyses are measurement the best one between Beximco and Square pharmaceutical companies.

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Mysina, Amira. "Evaluation of risk management and financial performance of BMW Group." Master's thesis, Vysoká škola ekonomická v Praze, 2017. http://www.nusl.cz/ntk/nusl-359269.

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Effective risk and financial management possess a great challenge for the multinational companies operating globally. Despite the increasing development of diverse hedging strategies against foreign exchange risk, global firms cannot fully foresee and measure the degree of the impact of foreign currency fluctuations. This paper aims to evaluate the exchange risk management and financial performance of the BMW Group from the year 2005 to 2016. Moreover, this paper is devoted to provide explanatory information on the impact of foreign exchange exposure on the financial performance of the company by the usage of information provided by the annual reports. The first section of the paper establishes the theoretical concepts of risk management with emphasis on exchange rate risk and financial performance analysis, which support the following study. The analysis of the industry and BMW Group business operations worldwide, currency movement, detailed accounting examination, financial ratio, peer group, exchange rate exposure and hedging strategies are performed to examine the relation between the financial performance and foreign exchange risk management. The analysis reveals that the effective hedging strategies against the foreign exchange risk may substantially impact the financial performance and overall positioning of the company in the competitive environment.

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Sheehama, Gerhardt K. H. "Evaluation of financial performance of Development Bank of Namibia (2003 - 2007)." Thesis, Stellenbosch : University of Stellenbosch, 2009. http://hdl.handle.net/10019.1/893.

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Thesis (MDF (Development Finance))--University of Stellenbosch, 2009.
ENGLISH ABSTRACT: The main aim of this study, firstly, is to evaluate the financial performance of the Development Bank of Namibia (DBN) over the period of 2003 to 2007. Secondly, the study aims to compare financial performance of the Development Bank of Namibia with the Development Bank of Southern Africa during the same period. In recent years, there has been a number of criticisms raised against the Development Bank of Namibia. These have been noted by the political appointment of the top management in the bank who has no experience in monitoring of the funds and development projects (World Bank, 2003). In addition, the bank has been criticized for poor performance, in terms of very low returns due to poor procurement performance and weak performance of project management units (African Development Bank, 2005). The bank has also been seen undermining people's human rights through funded projects which were only given to those people who are politically connected or comrades (The Namibian, 2002). Two financial statements of the Development Bank of Namibia, namely the Income Statement and Balance Sheet of the period of 2003 to 2007, are used to evaluate the financial performance of the bank. Trend analysis, monitoring and evaluation reports, financial ratios and statistical tools are employed to conduct this study. Trend analysis, financial ratios and statistical tools indicated that there was no evidence to infer that the Development Bank of Namibia did perform poorly during 2003 to 2007. However, monitoring and evaluation reports indicated that there was inefficiency in terms of bank operations.

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Marsh, Gregory J. "Evaluation of High Performance Financial Messaging on Modern Multi-core Systems." The Ohio State University, 2010. http://rave.ohiolink.edu/etdc/view?acc_num=osu1269621500.

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Eckhardt, Brian A. "Show Me the Money: Performance Evaluation of Professional Stock Recommendations." Scholarship @ Claremont, 2016. http://scholarship.claremont.edu/cmc_theses/1275.

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This paper applies a short-term event study methodology to analyze the performance of common stock recommendations made by the Wall Street Journal’s Ahead of the Tape, CNBC’s Mad Money and Value Investors Club. The results suggest that a portfolio that replicates the long and short recommendations from Value Investors Club earns significant abnormal returns. These returns persist even after accounting for trading costs, the bid-ask spread and stock loans. Abnormal returns to Mad Money’s positive endorsements are also significant for the two days after announcement, but are erased by transaction costs. Across all three sources, abnormal returns rarely correspond with abnormal trading volume, an unexpected dichotomy that invites further research.

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Kobo, Kgabo Lynn. "An evaluation of the relationship between corporate social investment and financial performance." Thesis, University of Limpopo, 2016. http://hdl.handle.net/10386/2524.

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Thesis (MBA.) -- Unversity of Limpopo, 2016
The researcher using Quantitative process is aimed to appraise Corporate Social Investment (CSI) in relation to Corporate Financial Performance (CFP). This research addressed theoretical paradigms of CSI, leadership strategies applied to implement CSI and stakeholder theory is presented. The study area was Johannesburg Stock Exchange FTSE/JSE Responsible Investment Index. The top 35 recorded companies were chosen, and then from top 35, only 5 companies were used (25 observations). Data from 2011 to 2015 were obtained from audited integrated financial statements, websites, publications and annual reports. CSI indexes and financial presentation measures of companies were taken from the annual reports to be analysed using simple regression equation to examine the link between corporate social investments to company’s fiscal presentation. This study revealed a strong positive linkage among company’s social investment strategy implementation and share price, turnover, and return on equity. Companies that implemented social investment strategy noticed increase in profit because of factors such customer awareness, good firm reputation and competitive advantage.

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Kennedy, Frances Anne. "Team performance: Using financial measures to evaluate the effect of support systems on team performance." Thesis, University of North Texas, 2002. https://digital.library.unt.edu/ark:/67531/metadc3133/.

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Organizations invest in team-based systems in order to generate innovative practices that will give them a competitive edge. High-performing teams require training and other support systems to gain the skills they need as well as to create and maintain an environment conducive to their success. The challenge for managers is to make resource allocation decisions among investment alternatives to maximize team effectiveness and still ensure a financial return for company investors. This study has three objectives. The first objective is to investigate whether there is a positive relationship among organizational environment, team potency (the team's collective belief it will succeed) and team performance. Results indicate that the presence of four organizational support systems influences team potency and performance. These support systems are the Design and Measurement, Rewards, Training and Communications Systems. In addition, results indicate that team potency is a mediating variable between the Design and Measurement and Communications Systems and team performance. These results suggest that companies are able to influence team performance by investing in environmental support systems. The second objective is to examine whether team members and managers view the organizational environment differently. Results indicate that managers view the Training and Communications Systems as more important, while teams perceive the Design and Measurement System and the Rewards System to be more important to their success. Since the systems that team managers view as important may influence their investment decisions, these differences may suggest a resource alignment issue. Third, a measure of team effectiveness based on financial measures is introduced. Published literature emphasizes attitudinal, behavioral and operational measures of performance. A financial measure offers a method of evaluating performance that is similar to methods used in capital budgeting and may be consistently applied across different types of teams with different purposes. The data collection process was performed by persons external to the team and covered a 12-month period. This method led to a loss of information and did not accurately portray team performance. However, the teams that were successful in calculating project savings were different types of teams from both manufacturing and service industries. This result is encouraging and warrants further investigation.

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Amir, Irfan. "A comparative evaluation of marketing orientation and financial performance in two industry sectors." Thesis, University of Manchester, 1992. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.630929.

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This study aims to define marketing orientation, identify it in practice, and examine its association with company financial performance. An empirical analysis is made of marketing orientation of a sample of companies. These are analyzed by financial performance, level of technology and company size. Extant marketing literature is used to develop a model of marketing orientation. This is examined, operationalized and tested. The research methodology involves a sampling frame of all manufacturing firms in Standard Industrial Classification (SIC) codes 320 (industrial plant and steelwork) and SIC 330 (manufacture of office machinery and data processing equipment). These industry sectors are chosen to include the technology dimension in the study. The first sector is classified as 'low-tech': second as ... 'high-tech'. This classification is based on industry averages for R&D expenditure. The study is confined to specific industry sectors and to manufacturing companies in order to make meaningful inter-company comparison of financial performance, measured here using 3-year average for: i) return on capital employed ii) profit margin. Data collection is by a postal survey of chief executive officers to study marketing practices from a preselected framework in order to assess marketing orientation of sample companies and to study its relationship with their financial performance. . The results (based on response from 84 companies -- 42 in each of the two industry sectors) show no significant association between marketing orientation and financial performance. For the sample used in this study, high-tech companies tend to be more marketing oriented than low-tech firms. Also, for both industry sectors, large-sized companies are more marketing oriented than small companies.

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Harrington, Amanda R., and Amanda R. Harrington. "Evaluation of a Community Pharmacy Pay-for-Performance Program." Diss., The University of Arizona, 2016. http://hdl.handle.net/10150/621867.

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Background: Recently, health plans have initiated pay-for-performance (P4P) programs to incentivize pharmacies to focus on medication-related quality measures. Little research exists as to what attributes help a pharmacy to perform well in a P4P program. Objectives: This study aimed to: (1) propose a conceptual framework evolved from theories pertaining to economic, psychology, and organizational behavior disciplines that may contribute to a pharmacy's performance in a financial incentive program; (2) develop theoretically-derived questionnaires designed to elicit from pharmacists and pharmacy management pharmacy characteristics and pharmacy personnel factors thought to be associated with achieving quality measures specified for a pharmacy P4P program; (3) psychometrically assess these two newly developed questionnaires designed to collect information from community pharmacies eligible to participate in a pharmacy P4P program; (4) assess the magnitude of the relationship between pharmacy-related and construct redundancy of latent variables identified in objective 3; and (5) examine pharmacy factors' association with community pharmacies achieving quality measures in a pharmacy P4P program. Methods: Two survey instruments were created from a theoretically-derived conceptual framework to measure pertinent pharmacy characteristics and pharmacy personnel factors using a multi-step, mixed-methods process. Questionnaire development entailed semi-structured interviews, item generation, expert content validation, and cognitive debriefings. Developed questionnaires were evaluated in a non-experimental, cross-sectional survey of pharmacists and pharmacy management. Pharmacy personnel surveyed for this study were affiliated with pharmacies in Inland Empire Health Plan's (IEHP's) community pharmacy network. Using items measured in each questionnaire, specified groups of items were hypothesized to have a certain underlying latent variable. Latent variables hypothesized for items measured in the pharmacist questionnaire included: (1)"adherence management -services," (2)"adherence management-counseling," (3) "asthma management," (4) "pharmacist-prescriber relationship," (5) "chronic disease management," (6) "non-dispensing ability," and (7) "workload impact". For items measured in the pharmacy management questionnaire, eight latent variables were hypothesized: (1) "program understanding," (2) "program financial salience," (3) "program involvement," (4) "organization's adaptability," (5) "organization's innovativeness," (6) "organization's proactiveness," (7) "organization's risk-taking." and (8) "organization's focal emphasis." For hypothesized latent variables with four or more items, the value thresholds of three assessment indexes were employed as criteria to evaluate each measurement model's goodness-of-fit. Indexes included: (1) 2 test statistic (i.e.,>0.05), (2) root mean square error of approximation (RMSEA) (i.e., 0.05), and (3) comparative fit index (CFI) (i.e.,>0.95). The statistical significance of item factor loadings was assessed for latent variables with (1) four or more items deemed to have adequate model fit per index criteria and (2) only three items, for which goodness-of-fit may not be assessed. Structural modeling was used to explore associations between (1) pairs of latent variables with adequate model fit and/or statistically significant factor loadings; and (2) latent variables with medication-related quality measures. The strength of associations among latent variable pairs was measured with correlation coefficients. Latent variable pairs with significant correlations greater than 0.50 were evaluated for construct redundancy, for which a change in CFI was used as the comparison criteria to determine whether the latent variables are better represented as one (i.e., (CFI<-0.01) or two constructs (i.e., (CFI ≥ -0.01). Mediation-related quality measures specified as dependent variables in structural models included: diabetes medication adherence, hypertension medication adherence, hypercholesterolemia medication adherence, absence of controller therapy in patients with asthma, use of high-risk medications in elderly, and generic dispensing rate. Results: The empirically derived conceptual framework outlined four major domains proposed for consideration when evaluating pharmacy P4P programs: (1) incentive; (2) pharmacy; (3) other influencing factors; and (4) P4P program measures. From this framework, two questionnaires were developed with the aim of measuring pharmacists' and pharmacy management's pharmacy attitudes and perspectives of a community pharmacy P4P program. The pharmacist survey instrument consisted of five sections: (i) community pharmacy P4P program; (ii) pharmacy services; (iii) pharmacist workload; (iv) pharmacy practice site; and (v) pharmacist's background. The pharmacy management questionnaire consisted of four sections: (i) pharmacy P4P program; (ii) pharmacy organization's characteristics; (iii) pharmacy practice site; and (iv) respondent's background information. Among the 604 pharmacies invited to participate, pharmacists from 114 unique pharmacies (19%) and pharmacy management from 100 unique pharmacies (17%) participated in the survey. This study identified psychometrically validated measurement models for latent constructs with items measured in the pharmacist ("adherence management-counseling," "asthma management," "workload impact" ) and pharmacy management ("program involvement," "organization's innovativeness," "organization's proactiveness," "organization's risk-taking" ) questionnaires). With the exception of "program involvement," the latent constructs measured in the pharmacy management questionnaire were identified to be significantly correlated (𝛹>0.50, p<0.001) and more parsimoniously represented as one factor rather than two (∆CFI<-0.01). No significant associations were identified in exploratory analyses of validated measurement models from the pharmacist questionnaire with targeted medication-related quality measures in IEHP's community pharmacy P4P program. Conclusion: This study collected data for two questionnaires evaluating (1) pharmaceutical care services conceptualized to be associated with targeting medication-related quality measures and (2) pharmacy management's attitudes toward a pharmacy P4P program. Furthermore, psychometric assessment of each questionnaire supplied initial validity evidence for three constructs for the pharmacist questionnaire ("adherence management-counseling," "asthma management," and "workload impact" ) and four constructs for the pharmacy management questionnaire ("program involvement," "organization's innovativeness," "organization's proactiveness," and "organization's risk-taking" ). Subsequent validation of these latent constructs in larger sample sizes is required. Continued study of pharmacy factors and their association with medication-related quality measures is needed to improve our understanding of pharmacies' performance in financial incentive programs. As pharmacy organizations are increasingly integrated into more financial incentive programs aimed at targeting process- and outcomes-related quality measures, it is essential to be able to measure pharmacy and management factors in order to determine which factor(s) impact pharmacy performance.

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Cilliers, Albert John. "An evaluation of the completeness of Ferreira and Otley's (2009) performance management framework, using a multi-disciplinary approach." Master's thesis, University of Cape Town, 2012. http://hdl.handle.net/11427/10273.

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Includes bibliographical references.
This study considers the completeness of Ferreira and Otley's (2009) evaluative framework, designed to identify the performance management and management control issues in organisations. There is growing criticism in the literature that Ferreira and Otley's (2009) framework is essentially technocratic in nature, ignores socio-ideological controls such as organisational culture and clans, and needs to be combined with a social science perspective. Consequently, this study reviews the literature pertaining to certain socioideological controls, using a multi-disciplinary approach which focuses particularly on the social sciences. Combining insights obtained from the literature, the study then applies Ferreira and Otley's (2009) framework in an empirical case study setting, assessing the extent to which the framework can identify the performance management and control issues in a small South African knowledge-intensive company. Findings from the study suggest that Ferreira and Otley's (2009) framework is indeed deficient in that it is not able to identify cultural controls, clan controls and personnel controls. The possible implications of the cultural paradigm for control system design, contingency theory, and the general management control framework are also discussed.

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Namwandi, Helmut. "Financial statement analysis as a tool in evaluating the performance on Namibian small and medium-sized enterprises." Thesis, Nelson Mandela Metropolitan University, 2016. http://hdl.handle.net/10948/12480.

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Literature on financial statement analysis has been documented by various authors on how the performances of organisations can be measured using financial statement analysis as a tool. Most of the literature focused on what has been written in relating to organisations which are listed on the stock exchange. However, the same principles which are applied in evaluating the performance of large organisations can equally be applied to any organisation; this includes small and medium-sized enterprises operating in Namibia. Despite the fact that financial statement analysis is an important tool for evaluating the performance of organisations, no previous literature was found pertaining to the evaluation of the performance of Namibian small and medium-sized enterprises using this tool. This research will attempt to identify how management of Namibian small and medium-sized enterprises can effectively make use of financial statement analysis as a tool in evaluating the performance of the organisations in order to make correct strategic decisions that will benefit the SMEs.

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Smarsh, Andy. "Financial performance profile and evaluation of alternative equity management programs for farmers cooperative equity company." Thesis, Manhattan, Kan. : Kansas State University, 2010. http://hdl.handle.net/2097/2389.

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Leo, Terrance. "The development of a financial performance measurement framework for South African education institutions." Thesis, Port Elizabeth Technikon, 2003. http://hdl.handle.net/10948/217.

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Limited research has been conducted on financial performance indicators in South Africa. In European countries, Australia and the United States of America, literature has shown that there has been extensive research and implementation of performance indicators, to measure the achievements of objectives. A literature study was conducted for this research on the usage of PI’s, with a view to pinpointing the financial indicators. The literature study was used to develop a questionnaire. The questionnaire was distributed to universities and Technikons in South Africa, to obtain a measure of relevance and agreement on the performance indicators. The findings of the questionnaire culminated in a model that only consists of those indicators with a high level of concurrence among respondents. Performance indicators can serve as a management tool to measure performance and as a means to enhance transparency and accountability.

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Mironova, Anastasia, and Lovisa Kynäs. "Ethical investing - why not? : An evaluation of financial performance of ethical indexes in comparison to conventional indexes." Thesis, Umeå universitet, Handelshögskolan vid Umeå universitet, 2012. http://urn.kb.se/resolve?urn=urn:nbn:se:umu:diva-57115.

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Problem: Do ethical investments perform better than conventional investments? Purpose: To evaluate whether Shariah-compliant indexes and/or socially responsible indexes can improve financial performance of an investment portfolio. Sub-problem: What kind of relationship exists between socially responsible investments and faith-based investments, represented by Shariah-compliant investments? Sub-purpose: To discover how two types of ethical investments, socially-responsible and Shariah-compliant, are related. Method: Quantitative study, covering three types of investment styles of four index families during the period from 2000 until 2011. Financial performance evaluation through the Sharpe ratio, Treynor ratio and Jensen’s alpha. Conclusions: Conventional, socially responsible, and Shariah-compliant indexes do not have any significant differences in financial performance on a global basis. However, Shariah-compliant indexes could slightly over-perform conventional and socially responsible indexes during financial downturns. In the same time socially responsible indexes were noticed to be the most volatile during the whole period of study, to compare with conventional and Shariah-compliant. Regarding relationships, high correlations were found between ethical indexes, as well as between ethical and conventional indexes.

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Fang-Yu, Huang, and 黃方俞. "Financial Performance Evaluation of Bulk." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/33577979381216628046.

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碩士
國立交通大學
管理學院碩士在職專班運輸物流組
95
is study aims to evaluable financial performance of the 6 bulk shipping companies in Taiwan which sell stocks in the open market.The evaluation is conducted based on the five-force analysis framework, in which 17 financial indicators are selected as the appraisal standards. The five-force analyses are profitability, safety, growth, efficiency and productivity analysis, statistical methods such as 1-Way ANOVA and Multiple Range Test and stepwise discrimination analysis.Major findings of this study are as follows: 1.By 1-Way ANOVA , except growth indicators , the other four indicators are significantly difference for the bulk shipping firms. 2.By the Scheffe Multiple Range Test , the overall performance of Taiwan Line is ranked as the best. and FSC is the worst. 3.By stepwise discrimination, efficinency is the most influential factor,followed by safety and profitability .Growth and productivity are not significant for overall performance.

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JI, SPARK, and 紀均凱. "Performance Evaluation of Domestic Financial." Thesis, 2019. http://ndltd.ncl.edu.tw/handle/zy99vs.

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碩士
東吳大學
經濟學系
107
Based on Data Envelopment Analysis (DEA), this study uses deposits, number of employees, and capital adequacy ratio (BIS) as input items; bad debts, investment income, and loans are output items; fixed assets are used as Carry-over. A total of 30 banks were selected as research targets, and the banks in Taiwan were affiliated to the banks of financial holding companies and non-affiliated financial holding companies for efficiency analysis. The five full annual data from 2013 to 2017 were used for empirical analysis. The empirical results show that(1) The total efficiency value and period efficiency value of 31 banks in Taiwan from 2013 to 2017, the total efficiency is higher than the average of 18 banks; the average efficiency value in 2013 is the lowest, and the average efficiency in 2016 is The highest value.(2)A total of 11 banks with the best overall efficiency value during the study period (Antai Bank, Cathay Pacific, Cooperative Treasury, HSBC, Shanghai Commercial Bank, Taipei Fubon, Taiwan SME Bank, Bank of Taiwan, Land Bank, Yushan Banks and Mega Bank); the lowest overall efficiency of the three banks are non-affiliated by the Bank of Jinkong, followed by Citibank, Far East Commercial Bank and Board Bank.(3)Each input and output item reached the efficiency in the five full years of the study period. Banks include Shanghai Commercial Bank, Land Bank, Yushan Bank, Cooperative Treasury and Antai Bank.(4)The average overall efficiency of sub-banks affiliated to Jinkong is higher than the average overall efficiency of non-subordinated financial controllers. The annual average efficiency of the subordinates of the sub-bank of Jinkong from 2013 to 2017 is higher than that of non-subordinated financial controllers. The average efficiency value is the lowest in 2013.(5)Sub-banks affiliated with Jinkong achieved the highest number of efficiency in 2016, with 11 in total, and the number of efficiency households reached the least in 2017, with a total of 8; non-subordinate banks of Jinkong achieved efficiency in 2015 and 2016. The number of households is the largest, with a total of 9; in 2013, the number of efficiency values was the lowest, with a total of six.

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Huang, Li-Hong, and 黃浰紅. "On the Financial Performance Evaluation of Taiwanese Financial Holding Companies." Thesis, 2008. http://ndltd.ncl.edu.tw/handle/62742086111578023600.

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碩士
玄奘大學
國際企業學系碩士班
96
By the global market’s getting developed prosperously, it urges a new trend of financial holding group. All financial companies concentrate on cross-integration, disposing capital and allocating human resource efficiently, to help improve their profit as well as international competitiveness. This research examined the financial data from fourteen Taiwan financial holding companies of 2005 and 2006 by the following three indicators: the margin factor, scale factor, and risk factor. Then we use multiple decision-making criterion method of TOPSIS to analyze and grade the above companies, which aims to find out their relative competiveness. This analysis is based on the TOPSIS Model, setting up a fair and detached pattern to evaluate the competitiveness, and smashing the subjectively contrived interference factors. Since financial holding groups easily ignore these complex factors while processing in large-scale merging, an originally estimated synergy would be contracted. The result shows that the complete positive-correlation doesn’t exist between the capital scale and the business performance. Different types of the host of financial holding companies would result in synergies with distinct approach. The strategy of accurate investment would be the most important factor that gets the v advantage of competitive ascendance.

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Lee, Nan-Lu, and 李南如. "Financial Performance Evaluation of Electronic Channel Industry." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/73528743069788959721.

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碩士
國立臺北大學
企業管理學系
92
In this study we took 34 domestic electronic channel companies as our study subjects and the data was selected form financial database of Taiwan Economy Journal and correlated research papers from 1998 to 2002. We used thirty-three financial ratios to extract 5 financial factors including capital structure factor, operating ability factor, profitability factor, cash flow factor and solvency factor. And we used cluster analysis, discrimination analysis, stepwise discrimination analysis, 1-Way ANOVA and Duncan’s Multiple Range Test to take further analysis. The conclusions of this thesis are summarized as follows: 1.We used logistics function to transfer five factors to hundred-percent score. And using cluster analysis, we could get four clusters according to their financial characteristics of five years. By discrimination analysis, the hit ratio of the four clusters was eighty eight percent in the sample and out of the sample, the hit ratio was eighty percent. So, we can concluded that this model could use to forecast the financial performance of electronic channel industry. 2.By stepwise discrimination, profitability was the best explainable factor. Then operating ability and solvency were second and third one. Capital structure was not significant for explaining performance.

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Sheng-Ya, Wang, and 王聖雅. "The Performance Evaluation of Corporation’s Financial Indicator." Thesis, 2008. http://ndltd.ncl.edu.tw/handle/55767291893797603337.

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碩士
大葉大學
會計資訊學系碩士班
96
This study predicts the financial performance for listed in the TFT-LCD manufacturer of the photoelectric industry. It is not the normality distribution that the financial ratio of the listed company in Taiwan, so this study sets up financial performance and predicts models with Logistic Model. At first, this study elect and predict the financial ratio with influence power to the financial performance in step by step probability analysis. In one’s turn, to carry the Kolmogorov-Smirnov Test of nonparametrics analysis, prove the financial ratios all to take on unnormal distribution, and than use it to set up financial performance and pre-dict models. In summary, Current ratio, Acid test, Pretax Income/Capital and Days-Inventory Turnover has significance level on corporation’s financial performance predicting. The rate of percent correctly predicted of the good corporation’s financial performance is 97.5%. The rate of percent correctly predicted of the bad corporation’s financial per-formance is 97.7%. The rate of percent correctly predicted of the whole is 97.6%.

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22

Chen, Jin-Hung, and 陳進鴻. "Financial Performance Evaluation for Airlines in Taiwan." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/55719525551712517841.

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碩士
國立臺灣海洋大學
航運管理學系
92
Abstract The purpose of this thesis is to investigate financial performance for airlines in Taiwan. Since the government carried out the “Open Sky” in 1987, the airline market in Taiwan had considerably prospered. However, in the past few years, bus companies had competed intensively for the domination over the bus market in west Taiwan. It is also predicted after the High Speed Rail start operation in the end of 2005, the airline market in Taiwan is bound to undergo a more enormous impact. Due to the recession of airline transport market, airline set up several alternatives besides utilizing smaller aircraft, reducing number of freights, taking code-sharing and decreasing the operating cost. The airlines applied methodologies like strategically alliance, pool, and merge to head on the competitive circumstances. However, in the past, relevant literatures focused on the influence of deregulation policy and that of flight safety to airline industry. Most of them are based on non-financial performance index to evaluate the impact, and rare of them discussed about the practical financial performance of the airlines. This thesis is trying to prove the situation regarding to the above-mentioned reasons, and whereafter develop two financial performance evaluation models to explain the procedures applying on the case studies. Moreover, to overcome the restrictions of small sample sizes and unknown distribution of samples, the grey analysis is used to extract representative financial ratios to satisfy the characteristics of airline industry in Taiwan, which had been proved to be efficient while extracting representative indices in using grey analysis. Nevertheless, it is too difficult in clustering the levels of grey relation. Therefore, to make the computation easier and more efficient, some improvements are proposed. Traditionally, aggregating the performance values could only understand the situation of strength. You may find we use superior and inferior solutions to aggregate and rank the performance values in this paper. This method can provide not only the superiority but also the inferiority in a group. These features will be satisfying the information preference of managers. Keywords: Airline, Financial performance evaluation, Financial ratios, Grey relation analysis, Superior and inferior matrices

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23

Chinta, Kameswari. "Performance evaluation of Andhra Pradesh State financial corporation." Thesis, 1992. http://hdl.handle.net/2009/4300.

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24

Lin, Jeng-Wei, and 林政緯. "Performance Evaluation of Financial Holding Company in Taiwan." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/33865816837271775692.

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碩士
真理大學
管理科學研究所
92
This research used the t-test and sign test method to examine whether the Financial Holding Company establishment can improve performance. The empirical results indicate buy and hold return of Financial Holding Company significantly lower than industry-average. In 12 months, buy and hold return of Financial Holding Company was significantly lower then merging firms, but it was not significant in 18, 20, 24, 28 months. In financial performance, the improvement of operating cash flow rate was not significant after Financial Holding Company establishment. Operating cost rate of post-establishment significantly was lower then pre-establishment. Sales growth rate of post-establishment was significantly higher then pre-establishment. According this result, we can find Financial Holding Company to get operation synergy during 2 years. There are no different in performance among Financial Holding Company composed of bank, security and Insurance after Financial Holding Company establishment. We find Financial Holding Company had a constituent corporation of bank would make ROE to rise.

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25

Lan, Nguyen Thi Phuong, and 阮氏芳蘭. "Financial Performance Evaluation on Commercial Banking in Vietnam." Thesis, 2011. http://ndltd.ncl.edu.tw/handle/13423884068777491864.

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碩士
樹德科技大學
金融與風險管理系碩士班
99
In recent years the world economic and politics situation is more complicated, but the banking operation is still cutthroatly vibrant and competitive. The process of implementing the project of restructuring the banking system of Vietnam has started since May 1990, so far the banking sector has been basically completed the basic legal framework, state management mechanisms and policies on monetary, credit and operating tools of monetary policy of the State Bank, improved operating skills, scale and operational capacity in line with the requirements of innovation and development of the economy as well as international economic integration. Step into the 21st century, along with the trend of global and regional integration, banking industry in general and commercial banks in particular are facing with opportunities and challenges of the integration trend. In an environment with so many difficulties and challenges, survival in the market is a difficult thing, but growth and development are even more difficult problems. Requirements of commercial banks is needed to improve and continue to innovate to improve business performance. Therefore the assessment of performance of commercial banks from which to make recommendations and solution to improve performance, increase competitiveness, enhance the position and size of banks in the process of integration is an imperative problem. This thesis has used quantitative methods to evaluate the performance of 18 commercial banks with large scale, with the public and transparent financial report; based on financial indicators of revenue, net income, profit margin, ROA, ROE for each bank to evaluate and rank the banks.

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26

Chiang, Chun-Hung, and 蔣俊宏. "Research on performance evaluation of financial holding company." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/73559258536619796229.

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碩士
萬能科技大學
經營管理研究所
93
Recently, most of the developed countries deregulate and liberalize various financial holding regulations. The financial liberalization and globalization becomes the mainstream in the global financial business market. Due to the rapid development of information technology and competition of financial market, in addition to the globalization development, the international financial market is becoming more allied together. Observing the success at the resule of implementation of financial holding company law and financial innovation in USA and JAPAN, Taiwan proclaim the financial holding company act on July 7th, 2001. It was then bring into practice on November 1st, 2001 to cope with the diversity of financial service practice and integration of intra-banking business. It was anticipated that competition strength will be enhanced by encouraging the current financial company to develop into large scale enterprise that will help the development of Scale economies. There are 14 financial holding company registered in Taiwan by the end of 2003. Being a member of WTO, the performance of a financial holding company in Taiwan play an important role in the competitive financial market facing the local and foreign company. It is thus necessary to evaluate the performance of the financial holding companies in Taiwan to upgrade the competition strength in the global makret.The research objective is to do a comprehensive analysis on the 6 financial holding company out of the 14 financial holding company. The 6 compay are perfect territory of finane. We hope to achieve the following two goal: 1. To build a n index for evaluating financial holding company performance. 2. The performance is strongly related the survival of the financial holding company, the research result will be able to provide valuable data that the financial holding company can use to examine organization structure and financial situation. Secondly, facing that fact that the establish time is too short for the holding company in the research, the research use the Grey Relation Analysis to resolve the lack of effective sample, incomplete and fragmented data, etc. The initial evaluation index was grouped. And the distinguished index was used for evaluating financial performance where TOPSIS was applied to perform performance evaluation. At last, it is anticipated that stragetic guideline will be proposed by applying the evaluation procedure suggested in the research that evaluate performance of each seperate financial holding company.

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27

張國棟. "Financial Performance Evaluation of Credit Union in Taiwan." Thesis, 2015. http://ndltd.ncl.edu.tw/handle/35pr84.

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28

Tang, Chih-Pin, and 湯志彬. "The Domestic Financial Holding Company’s Performance Evaluation Research." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/jah8tk.

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碩士
銘傳大學
財務金融學系碩士在職專班
93
In view of this, home counts the financial institution at the present stage of Taiwan too many, the competition is violent, will grow up and will be undoubtedly compressed quilt marginalization in the future. This research regards finance holding companies of 14 listed the public publication of the financial industry as the research object, with statistical analysis through the financial rate of the financial statement, probe into the difference of the financial manageability attitude of holding company of domestic different subjects. The analysis result of the materials shows, even financial main body enterprises of the holding company (bank, securities, insurance) different, but has not been showing the difference on its manageability attitude. In addition, analyze through the factor that extracts out four representative financial indexes, such as ‘earning capacity’, ‘structure of the capital’, ‘debt paying ability’ and ‘management ability’. And via the conversion of the mark of index, set up and manage the intensity assessment way of the performance, offer financial statement user and operator to consult.

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29

Chan, Shu-Chuan, and 詹淑絹. "The Performance Evaluation of Financial Holding and Non-Financial Holding Security Companies." Thesis, 2013. http://ndltd.ncl.edu.tw/handle/k257v4.

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碩士
國立虎尾科技大學
經營管理研究所在職專班
101
Securities market provides complete, open and transparent transaction and it is the platform for national saving and corporate investment. It represents national economic development. A complete securities market not only helps government and enterprises raise funds needed, but also is the channel for the public’s investment to share the outcome of economic development. Regarding the development of securities market in Taiwan, foundation of securities firms was liberated in 1988 and it has reached up to 384 companies in 1990. Since securities market in Taiwan was saturated and the competition was severe, upon free market mechanism, some securities companies withdrew from market. Some had acquisition and merge. Thus, securities firms in the market continued reducing. According to statistics of Financial Supervisory Commission, by December 31, 2012, there were 122 securities firms, 38 investment trust companies, 109 investment consulting companies and 2 securities finance companies. They were about 1/3 of the originals. Total market capitalization of securities market transaction increased from NTD$18.35 trillion in 2001 to 20.23 trillion in 2012. The growth rate was 10.24%. This study attempts to analyze the financial performance of securities firms before and after participation in financial holding companies and find if the operational performance can be enhanced by resource integration of financial groups, development of financial products and common marketing. This study treats December 2001 as base period of financial data before participation in financial holding and compares it with December 2012 after participation in financial holding. After empirical analysis on performance test of financial holding securities companies and independent securities companies, the findings and conclusion are as follows: performance of profitability index and growth force index is more satisfying. Earnings Per Share also grows. Thus, financial holding companies obtain effectiveness on repayment capability, profitability and growth force indices. However, the operational capability is not satisfying. It must focus on reduction of operational cost of financial holding securities companies.

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30

Hsiao, Hua-Tzu, and 蕭樺慈. "Operating Performance Evaluation of Taiwan Financial Holding Companies－Empirical Study by Financial Indicator." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/93481621677338258560.

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碩士
淡江大學
財務金融學系碩士班
93
This research aims at discussing whether the financial indicators of the financial holding companies in Taiwan and asset scale exist an asymmetrical nonlinear relationship. Choosing six financial indicators by CAMEL method as evaluation variables and asset scale is threshold variable. The result by using panel data threshold regressive model shows that there separately exists a single threshold effect between “Stockholders’ equity to total assets”、 “Operating fee” and asset scale in six finance indicators. When asset scale is lower than threshold value ,expanding asset scale will improve “Stockholders’ equity to total assets” and “Operating fee”；asset scale is higher than threshold value, expanding asset scale will decline both of them significantly. In the discussion about financial performance control variables, ”Asset growing ratio” has significant negative influence on “Stockholders’ equity to total assets” but there is no significant influence between “Stockholders’ equity to total assets” and “Market rate”. ”Market rate” has significant negative influence on “Allowance for uncollected ratio”, but it has no significant influence between “Asset growing ratio”. Both “Asset growing ratio “ and “Market rate” can significantly affect “Operating fee”、 “ROA” and “Net interest income” negatively. Neither “Asset growing ratio” nor “Market rate” has significant influence on “Current ratio”.

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31

Yu-Lin, Ku, and 古玉鈴. "On the Financial Performance Evaluation of Taiwanese Shipping Enterprises." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/99662892849261715758.

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碩士
玄奘大學
國際企業學系碩士班
98
For the economical expansion in Taiwan,the relation companies of shipping enterprises that relate the competitiveness of the international trade of country, and even for enforceing international trade. Facing the globalization management environment, the shipping enterprises must find out the survival and the development points and methods, then just could go on to hold the competitive advantage. This research takes the Taiwanese top fourteen big shipping companies as the research objects, base on financial performance evaluation tool as the variable by “TOPSIS”model, to analysis these fourteen companies’s business achievement, according to the rate of financial , the result of the total performance evaluation value which comes out the result of some excellent companies. The winner is Sincere Navigation Co. and the rate of performance is 50.76% better than others. Final, suggestion to give the attention continually for the discuss various variables interpolating for this research conclusions.

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32

Lin, Chun-Hsien, and 林駿憲. "A Study of Commercial Bank Financial Advisor’s Performance Evaluation." Thesis, 2015. http://ndltd.ncl.edu.tw/handle/30262593665146456013.

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碩士
輔仁大學
統計資訊學系應用統計碩士在職專班
103
In recent years, wealth management has gradually become one of the important sources for profit in most of the commercial banks. Financial advisors are the most important practitioners for banks to create commission income from wealth management. As a result, the important factors that affect the commission income from the sales created by financial advisors are vital to banks. In addition, how to evaluate the business performance of financial advisors from various aspects is also very important. The study targets at financial advisors of a certain commercial bank in a certain area in Taiwan, and analyzes the data via DH, descriptive statistics and crosstabs, Pearson's chi-squared test, independent-samples t test, binary logistic regression, and Cluster Analysis. The purposes of the study are as follows: 1. the analysis of the important factors which affect the commission income from sales created by financial advisors for wealth management; 2. the grouping of business performance of financial advisors. In this case, the result showed that the financial advisor who have a large amount total assets of specific money in trust, resorts to a full-time financial business manager, and serves for the branch which has a large number of financial advisors, have a relatively higher cumulative commission income for the entire year. The methods and results of the study used for the grouping of business performance on financial advisors in the case, can be applied to the design of performance evaluation, education training, business management, and incentive systems, and so on.

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33

Liu, Yu-Chen, and 劉玉珍. "Establishing the Performance Evaluation Criterion of Financial Holding Company." Thesis, 2002. http://ndltd.ncl.edu.tw/handle/06601094972533105716.

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碩士
世新大學
經濟學研究所(含碩專班)
90
With the trend of deregulation and internationalization, the advanced countries have gradually loosened the control of financial institutions that make them to run business more broadly, flexibly and competitively. The increasing competitive capacities through deregulation, merger and acquisition activities can expand the market share on the global financial market. It is a common pattern of the international banks to run conglomerate mergers. In Taiwan, since a great number of banks and highly competitive, all participants only have a small market share. In addition, since most financial institutions are lack of international competitiveness, their profits have gradually declined in recent years. The purpose of “the Law of Bank Holding Company”is helping the local banks to enter into integration and transformation to improve their competition。 The goal of this dissertation is to establish a system of performance measures of financial holding company. The domestic financial holding company how to confront the competition from international banks after the country entering WTO, is an interesting subject to do research. Considering the domestic financial holding industry's strategic goals, and basing on Kaplan and Norton's concept of the Balanced Scorecard Model, the dissertation suggests a strategic performance measurement system which emphasizing risk management perspective in addition. Expectedly it could be applied to measure the performance of the domestic financial holding company. This research comes out the following conclusions: 1. The financial holding industry's current strategies fall into items: enhancing enforcing income management, developing comprehensive universal bank businesses, providing services of best quality, developing new financial products, improving operating efficiency comprehensively, enhancing human resources management, and strengthening risk management. 2. This research designs performance measurement indicators for each perspective of the adjusted Balanced Scorecard Model. The indicators of financial perspective are asset allocation analysis, capital utilization efficiency, and profitability. The indicators of customer perspective are goal achievement ratio, the degree of customer satisfaction, market share. The indicators of internal business processes perspective are the efficiency of transaction processing, the number of new services launched. The indicators of learning and growth perspective are training in a specialty of employee and stability of employee. The indicators of risk management are risk exposure, internal auditor and internal control, the capital adequacy ratio, overdue loan.

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34

Chia-LingHsu and 許嘉玲. "Performance Evaluation of Financial Holdings Company Diversification: A Case of X Financial Holdings Company." Thesis, 2017. http://ndltd.ncl.edu.tw/handle/dqf66s.

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35

Hsieh, Chung-chih, and 謝忠志. "The Study of Performance Evaluation of National Financial Stabilization Fund." Thesis, 2003. http://ndltd.ncl.edu.tw/handle/79843085489437631255.

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碩士
世新大學
行政管理學研究所(含博、碩專班)
91
National Financial Stabilization Fund is mainly employed, in times of emergency when the nation encounters urgent calamities, to functional well for stabilizing stock and security markets, so as to secure the overall economic system of the nation from severe damage. For the well functioning of NFSF, only when its financial sources, organizational pattern, working mode, and division of exercise of power and duty are thoughtfully designed and clearly anchored, can NFSF elevate its practical performance and play a substantive role of stabilization when upheaval of stock and security markets occurs. In European countries and the U.S., which embrace the philosophy of a liberal and open market, one can hardly see governmental interference in the stock market by means of specific fund, at most by releasing stock market-related policies attempting to influence the market. As for formulating stock stabilization fund has never been heard. However, in Asian countries, for example, Korea, Japan, Hong Kong, instances of governmental intervention in the stock market are not rare. The diversity of economic affairs, especially the interaction of economic activities notably augments the difficulty for governmental intervention. This study, on the basis of evaluation of policy performance, initiated from observation of present situation of economic control and market intervention, analyzed and explored its operational accountability from every quarter’s balance sheet, income statement, trend analysis of NFSF, formed empirical data analysis through induction from legislator’s interpellation result and auditing rectification report from the Control Yuan, explored reasons for dissatisfied performance and discussed responsive solutions by means of in-depth interview with professionals, reflected on the ever-growing loss of NFSF’s attempt to safeguard the stock market, and eventually presented conclusions and recommendations.

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36

Ho, Pei-Hua, and 何沛樺. "A studies on Performance Evaluation of Taiwanese Financial Holding Companies." Thesis, 2011. http://ndltd.ncl.edu.tw/handle/17188227600016810517.

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碩士
義守大學
財務金融學系碩士班
99
Financial holding company in order to effectively address the excessive number of domestic financial institutions and competition situation, and structure of our financial institutions comply with the international development trend of large-scale operation, the government has legislated Financial Merger Institutions Law and Financial Holding Company Act to encourage amalgamation between institutions involving in the same and or different trades. The research took the eleven financial holding companies in Taiwan from 2003 to 2009 to be the samples, and adopted the intermediation approach to choose the variables-taking the fixed assets, the financial business cost, and the salary expense to be the input variables, and taking the total investment, the business income, and the interest income to be the output variables. Use the financial ratio analysis and DEA(Data envelopment analysis ) to present the financial holding company operation achievement through useful and practical estimation way. According to empirical evidence through the financial ratio analysis and DEA, this research divided the data of sample financial holding companies through DEA into two categories which are the ratio 1 and not ratio 1. And then sorted out the data according to the financial ratio in the same way, the results of this research show, the finding in both ways are represented the financial holding companies with the ratio 1 are with better working performance than others. Therefore, we can know that the results of the two research methods are approximately identical.

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37

Kuo, Chen-Ling, and 郭貞伶. "A study on the performance evaluation of financial holding company." Thesis, 2002. http://ndltd.ncl.edu.tw/handle/34763280051323421968.

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38

Cheng, Pan, and 潘政. "The Evaluation of Financial Operation Performance of Univesities in Taiwan." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/44236986266762906546.

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碩士
輔仁大學
應用統計學研究所
93
The purpose of the paper is to evaluate the financial operation performance of 17 public universities and 20 private universities in Taiwan（2003/2004）. This study divides the financial operation into two parts. One is “efficiency of increasing income”, and the other is “efficiency of decreasing expenditure”. Then, the efficiencies are evaluated by Data Envelopment Analysis. All universities are divided into “large size group” and “small size group” through Cluster Analysis. The large size group owns the more students, teachers, and staffs than the small size group. The input variables of efficiency of increasing income are educational cost and management expense. The output variables are number of courses, number of students, number of teachers, and the number of staffs. On other hand, the input variables of efficiency of decreasing expenditure are number of courses, number of students, number of teachers, and the number of staffs. The output variables are educational income, and subsidies and donations. The major findings are summarized as follows: 1. Efficiency of increasing income：(1) In the large size group, the average of technical and scale efficiency（TSE）is 0.86. In the small size group, the average of TSE is 0.93. (2) In the large size group, the TSE and PTE of private university are significantly better than of public university. In small size group, the private university’s PTE is significantly better than public university. 2. Efficiency of decreasing expenditure：(1) In the large size group, the average of TSE is 0.89. The average of PTE is 0.89. In the small size group, the average of TSE is 0.93. (2) In both large size group and small size group, the private and public universities are not significantly differential on TSE, PTE and SE.

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Chen, Kuo-tsung, and 陳國宗. "Performance Evaluation of Taiwan Applied Biotechnology Industry－from Financial Perspectives." Thesis, 2015. http://ndltd.ncl.edu.tw/handle/9za2f5.

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碩士
國立中山大學
高階經營碩士班
103
Biotechnology has long been selected as one of the main developing industries in Taiwan, especially in the fields of applied biotechnology, which has been generally regarded as the brightest industry with its highly growing potential. This paper is mainly aimed at: 1. To understand financial situations among domestic applied biotechnology industries during sample period. 2. To evaluate the industry operating efficiency by analyzing financial indicators. 3. To discover potential operating problems. 4. To provide related suggestions after the evaluation. 　　This study evaluated the operating efficiency among applied biotechnology industries, by analyzing the financial structure, solvency, operation capability, profitability and cash flows in the past three years. The empirical results were as follows: 1. The financial structure is basically sound and healthy. 2. Solvency is fine for the short term debts, however, it should be improved for long term debts. 3. Operation capability is basically fine, but assets turnover condition is poor. 4. With higher market shares, fewer competitors and peculiar selling business strategies, the highly probability for companies to maintain their profitability. 5. Unstable cash flows. In conclusion, provide related suggestions by empirical results.

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40

Chao, Wan Chun, and 趙琬君. "Enterprise Transformation: Evaluation of Financial Performance of TEST RITE Company." Thesis, 2019. http://ndltd.ncl.edu.tw/cgi-bin/gs32/gsweb.cgi/login?o=dnclcdr&s=id=%22107CGU05026012%22.&searchmode=basic.

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碩士
長庚大學
工商管理學系
107
During Taiwan trade of its heyday, the export-oriented retail trade industry in Taiwan has created the “Taiwan Economic Miracle”. In recent years, modern retail trade has become one of the most important industries, and output value occupies an important position in GDP. When Social environment development and progress, retail industry will be reflecting for a country and region's economic operation, employment pipeline and living demand level. It has a significant role in social development. Promoting Competitive Advantage has gradually increased on corporate diversification. Retail 4.0 had been mature in 2018. In 2019, Global retail industry has entered Click-and-Mortar and super retail period of Omni-channel retailing. Standing at customer perspective, according to their experience, thinking, purchase motivation as the core value. Starting from consumer demand and consumer value to the end. Grasp data collection, integration, analysis, increase the frequency and amount of consumer purchase. This research through financial analysis of General Merchandise retailers’ industry status and industrial analysis and financial performance to be research object. With the aim to understanding how does company in the industry to improve the competitiveness of enterprises as a whole.

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41

Hsu, Ya-Ting, and 許雅婷. "Performance Evaluation of Financial Holdings in Taiwan - Using DEA Model." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/37378641366646396908.

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碩士
中國文化大學
國際企業管理研究所
95
The purpose of this thesis is to analyze the manage efficiency, technical efficiency and scale efficiency of the 14 Financial holdings in the year of 2005 and 2006. The measurement of this thesis are the Data Envelopment Analysis’s (DEA) CCR model and BCC model. After the analysis of DEA, the financial holdings are devidided into three categories, which are bank, insurance and bill. This thesis measures the efficiency of these three categories on the overall efficiency by using Mann-Whitney U Test. Then, the usage of the Wilcoxon Test is to measure whether different year have different impact on the efficiency of each categories. There are four research results: 1.The insurance and bank founded financial holdings have healthier financial ratio. Although bill and industrial banks (for example, developmental financial holdings) is efficient, the manage uniqueness leads to the obstacles for other financial holding followers. 2.The scale inefficient financial holdings are in the decrease return to scale situation, which indicates that these financials holdings are over wasting their resources or less using their resources. 3.The result of the Mann-Whitney U Test indicates that there is no significant difference of the manage efficiency in the three main categories financial holdings. 4.The result of the Wilcoxon Test indicates that there is significant difference on the overall and scale efficiency of different year.

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42

CHEN, Stacy, and 陳怡靜. "PERFORMANCE EVALUATION MODLE IN RESOURCE ALLOCATION OF FINANCIAL HOLDING COMPANIES." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/87171727588941839281.

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43

Lin, Tsai-Yu, and 林采榆. "Selection of Financial Crisis Pre-warning Index and Evaluation of Performance." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/44052712925430625691.

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碩士
輔仁大學
科技管理學程碩士在職專班
98
After going through the Central America foreign debt crisis in 1970's/1980's, then currency crisis in Europe, Mexico and Asia in 1990's till 2000's, international finance circumstance is still under unstable status. In 2007, the financial storm caused by structured note overwhelmed various countries in the world and damaged the economy seriously with the stock market collapse, financial institution bankruptcy and dramatical increase of unemployment rate. All had broken the record since the great depression in 1929. In order to understand the financial storm influence, this article analyzes financial crisis happened in the past and categorizes into three groups based on the influence of the country: Core countries financial crisis, Main countries financial crisis, and Regional countries financial crisis. And also do the study regarding these countries’ impact on the economy and stock market of the country and other countries. Currency crisis affects a country economy a lot, therefore there were plenty of articles devoted to study on forecast and prevention of currency crisis. According to those researches, there were some symptoms indicating a country currency is under attacked, such as over appreciation of real exchange rate, sudden reversal of the trading terms, slowdown of economy growth, increase of unemployment rate, deterioration of current account, over expansion of credit, continuous increase of short-term debt, soaring of bank bad debt, and the monetary crisis of neighbor countries. All of these easily cause the country's currency under attack. These symptoms are also used by scholars to build precaution indicator of currency crisis. Comparing to researches on precaution indicator of currency crisis, there were only few researches on financial crisis. Kondratieff and Kitchin found that economy boom-and-bust is interlaced and periodic. Recently, most of countries had established indicator of business cycles to understand the boom-and-bust of economy activities. Unfortunately, those leading indicators include financial market (stock market), so it will be difficult to use those to predict crisis of financial market. In fact, there were some symptoms of financial crisis. For example, increase of long-term interest rate and wages slow down the enterprise profitability. Also, credit expansion caused by economy prosperity causes bubble of assets. This also concludes a well known saying by Juglar: 'prosperity is the only reason of recession '. This article tries to establish financial crisis indicator by taking weighted average of below 3 variables. First variable is levels of wages and interest rate, which reflects profitability of enterprise. Second variable is growth rate of domestic credit deduct real investment growth rate, to measure the degree of excess capital flowing into financial market. In fact, this involves Sterilization operation policy and currency multiplier of currency authority. Third variable is return of financial market (stock and real estate market). This involves VaR (value at risk), meaning when growth of financial market is too big, then the possibility of decline is high. The purpose of putting weighted average of three variables as reciprocal of the standard deviation of the variant is "normalization".

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44

Wu, Han Kuo, and 吳漢國. "An Empirical Study of Operating Performance Evaluation on Governmental Financial Funds." Thesis, 2002. http://ndltd.ncl.edu.tw/handle/67343894111548974956.

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碩士
國防管理學院
國防財務資源研究所
90
Financial Funds, supervised by Financial Ministry, are types of Monetary savings institutions. They are bound of intensive competition, the evaluation of operating performances become important. According to the multi-inputs multi-outputs property of the financial funds, the applications of Data Envelopment introduced by Charnes, Cooper and Rhodes(CCR) and Baker, Charnes and Cooper(BCC) approaches will be employed to measure the operating performances of Military Personnel savings Administration in this research. We’ll also compared the results with those of the Poster Romittances and Savings Banks. Finally, we will discuss the internal and external factors that influence the operating performances by developing a multiple regression analysis. From the DEA analyzing results, we found that the lower aggregate efficiency performances of financial funds usually stems from the scale relative inefficiency. Anyway the degree of inefficiency could be improved by proper extension of operating scale. Considering variables, the results suggest that personnel expenses should be considerer firstly to save more expenditures. Multiple regression results reveal that three exists an insignificant negative relationship between the interest rate and aggregate efficiency. The raising rate of the Consumer Price Index(CPI) won’t influence the aggregate efficiency significantly. Other variables, such as research and development expenses, increasing rate of total deposit balances and economic prosperity, are all significant.

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45

Lee, I.-Chun, and 李依純. "Operating Performance Evaluation for the Merger of Taiwan Financial Holding Companies." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/65887345038149650400.

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碩士
國立交通大學
經營管理研究所
92
To meet the trend of financial liberalization, internationalization as well as the economy-scale, Taiwan government has passed The Merger Law of Financial Institution on 2000. The enforcement of The Law of Financial Holding Company on November 2001 encourages the merger for financial institution in Taiwan. The financial holding companies can run their businesses in different sectors, such as banking, insurance institutes and securities firms to enhance their competitiveness. There are 14 financial holding companies in Taiwan on 2003. The largest financial holding company has the market share of less than 10%, which is not satisfaction in the sense of synergy scale. The financial holding companies are frequently facing optimum decisions on company valuation and merger consideration structure in the merger negotiations. The operating efficiency of the 14 financial holding companies is estimated. Translog Cost Function is applied to calculate each financial holding company and all financial holding companies’ economies of scale, economies of scope and other output characteristics in a multi-output context. There are three major category of financial holding companies according to their emphasized business line, namely, bank, insurance, and securities. We discuss the possible synergy operating performance and operation directions for these financial holding companies according to their emphasised business line. The empirical results show that financial holding companies formed by the same business individual institutions get the effect of enconomy scale. The cost is reduced and the operating efficiency is enhanced due to the expertise. On the other hand, the merger of different business line individual institutions could induce economies of scope. The cost is reduced and the operating efficiency is achieved via cost complementary effect.

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46

Lin, Chien-Hsun, and 林建勲. "Financial Performance Evaluation of Medical Institutions Contracted by National Health Insurance." Thesis, 2019. http://ndltd.ncl.edu.tw/handle/ga5eeb.

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碩士
國立臺中科技大學
財務金融研究所碩士班
107
Since the implementation of the National Health Insurance in 1995, the medical service fee has evolved from the payment by case to the payment by total amount in stages and finally to the full implementation of the total payment with maximum limit. The business model of medical institutions has evolved drastically in the last couple of decades. The medical industry operates under limited resources. This evolution of the system made medical institutions to change their means of survival with strong emphasis on cost control. To improve financial performance various medical institutions have to adjust their operations more closer to for-profit organizations. The National Health Insurance Medical Service Institution Financial Reporting Method was published in 2013, and the data availability spans from 2013 to 2016. This study utilizes empirical analysis of the financial and non-financial information of grouping of data to assess the financial ratio of the financial statements of the medical institutions. We observe the clustering data of the financial ratio variables, and establish several hypotheses to test whether there is a significant difference between the groups .The results show that there are significant differences in the financial ratio of ownership, contract type, jurisdiction and scale. Certain public institutions have significantly higher gross profit margins than private institutions. As with contract type medical institutions, the ROA and the pre-tax interest rate exhibit financial differences. According to Scheffe''s comparison, the ROA of local hospitals is significantly greater than that of regional hospitals. The ROA exhibit differences across various jurisdictions. According to Scheffe''s comparison, the ROA in the Southern District is significantly higher than that of the North District. In terms of scale, the gross profit margin show financial differences. The gross profit margin of small scale institutions is significantly higher than the medium ones.

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47

Chung, Yu, and 鍾鈾. "Performance Evaluation with Financial Panel Data for Taiwan’s International Tourist Hotels." Thesis, 2011. http://ndltd.ncl.edu.tw/handle/26278033912680492174.

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碩士
東海大學
財務金融學系碩士在職專班
99
This study analyzes the panel data compiled from “The Study of International Tourist Hotels Performance in Taiwan” published by the Tourism Bureau in 2005~2009. With adoption of the Fixed Effect Model, the research examines the operating efficiency of international hotels in Taiwan from a financial point of view and discusses adjustment in the cost control as a measure for assessment of their performance. Major findings are as follows. The room production, food and beverage profit, and staff productivity are the three key performance indicators which can gain higher overall competitive advantage. A greater level of room production calls for both higher occupancy and a higher average room rate. Achieving higher food and beverage profit and higher room production can create a significant advantage on hotel management. The Taipei region generated the highest total revenue with 21 international tourist hotels in Taipei that have an occupancy rate and an average room rate higher than those in the other six regions in Taiwan (Kaohsiung, Taichung, Hualien, Scenic Areas, Taoyuan-Hsinchu-Miaoli Region, and others) in the year of 2009. Furthermore, this region also ranked as Top One in terms of staff productivity. This is consistent with the results by this study. In particular, five hotels in the Taipei region generated 30% of the total revenue in that region. Therefore it is strongly encouraged that hotels should reduce operation cost and build an effective management policy in order to enhance employees’ productivity.

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48

Chien, Ying-Chou, and 簡英洲. "The Study of Mutual Fund Performance Evaluation during the Financial Crisis." Thesis, 2009. http://ndltd.ncl.edu.tw/handle/76014866473250781613.

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碩士
國立高雄第一科技大學
財務管理所
97
Abstract This research focuses open-end mutual funds in Taiwan. Ranged from March 1, 2007 to November 30, 2008, the selected samples includes 272 kinds of fund issued by 39 investment trust companies. The key issue in this research is to analyze the main factors, which influences the mutual funds performance during subprime mortgage and financial crisis. The influential factors include net purchase amount and redemption amount of funds, the scale of Net Asset Value, the scale of funds and turnover rate of funds. And it is also influenced by whether the fund companies are financial holdings or foreign investment corporations. By finding out the possible influential factors or rules, the research results can help investors to make decisions whether under current investing market or According to the research results, net purchase amount and redemption amount and the scale of funds ,under subprime mortgage and financial crisis, have a positive effect on fund performance while operating Domestic Stock Funds and Domestic Balanced Funds. On the observation of fund’s turnover rate, we are only concerned about Domestic Stock Funds. In addition, the scale of Domestic Balanced Funds is worth observing. While International Equity Fund is operated, net purchase amount and redemption amount, the scale of Net Asset Value, and the scale of funds bring a positive influence on fund performance. But if the fund’s turnover rate and the issued companies are fromforeign investments, it will be not beneficial to fund performance and bring forth negative impact. As for International Balanced Fund, observing its fund’s turnover rate and net purchase amount and redemption amount is helpful for fund performance.

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49

Chang, Ya-Chun, and 鄭雅純. "Performance Evaluation for Financial Holding Companies in Taiwan by TOPSIS Method." Thesis, 2014. http://ndltd.ncl.edu.tw/handle/20758046445522815993.

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50

Wang, Yung-Tzu, and 王永字. "Taiwan Financial Holding Company Performance Evaluation ─ Two-Stage Dynamic DEA Approach." Thesis, 2015. http://ndltd.ncl.edu.tw/handle/60197664656886996584.

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碩士
東吳大學
經濟學系
103
The purpose of this study is to evaluate the performance of 14 financial holding companies in Taiwan for the period from 2005 to 2014. This study divides the production process of financial holding companies into two stage of operational efficiency and market efficiency, and employs Dynamic Network DEA and Malmquist productivity index to evaluate the efficiency of 14 financial holding companies. In the operational efficiency stage, the input variables are payroll and fixed assets , the output variables are net interest income and net fee income. In the market efficiency stage, the input variables are net interest income and net fee income, the output variables are market value and earnings per share, and the carry-over variables are net income after tax and capital adequacy ratio. The empirical results show that : 1. The best average overall efficiency score is occured in year 2007, and the worst is in year 2009. The Malmquist productivity indices of Fubon Financial Holdings, Cathay Financial Holdings, Chinatrust Financial Holdings, Shin Kong Financial Holdings and Waterland Financial Holdings are to decline. 2. The three companies get best overall efficiency score are Waterland Financial Holdings, Chinatrust Financial Holdings andYuanta Financial Holdings. The worst three are Cathay Financial Holdings,Hua Nan Financial Holdings and Shin Kong Financial Holdings. 3. The state-owned financial holding companies are relatively less efficient.

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