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Dissertations / Theses on the topic 'Taiwan small and medium enterprises'
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1
chang, Ya-Jung, and 張雅容. "STUDY ON THE FINANCING OF TAIWAN SMALL AND MEDIUM ENTERPRISES STUDY ON THE FINANCING OF TAIWAN SMALL AND MEDIUM ENTERPRISES STUDY ON THE FINANCING OF TAIWAN SMALL AND MEDIUM ENTERPRISES." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/86521548936867795537.
Full textAbstract:
碩士元智大學
管理研究所
94
The objectives of this thesis are（1）To collect the commonly used financing tools of small and medium enterprises, explaining financing conditions, financing expenses, and analyzing their strengths and weaknesses.（2 ）To understand how small and medium enterprises measure or quantify the selected tools. Small and medium enterprises need to measure their personal conditions, and deliberate on the loan conditions for each tool, like the financing amount, time for fund allocation, that should be able to meet the needs of the company.（3） The important points of the financing tools’ examined loans. The research method is to use case study method to study the financing strategies of the small and medium enterprises in Taiwan. The research centers on the financing tools of the banks in the present market, with the additional financing tools of the leased company, introducing the procedure of financing strategies. Finally, the research would provide the items that should be given much attention during financing deliberations.
2
Chen, Ying-Chun, and 鄭世禮. "Taiwan Small and Medium Enterprises Foreign Exchange Risk Management." Thesis, 2015. http://ndltd.ncl.edu.tw/handle/98127861232674738507.
Full textAbstract:
碩士國立高雄第一科技大學
金融研究所
103
under the liberalization of global multinational trading system, international funds flow rapidly and the fluctuating range of the exchange rate changes frequently. It is difficult for companies to control the management beforehand when facing the currency risk. Thus, in addition to noticing the trend of international economic and understanding the trade relations between countries, companies should take aggressive measures to avoid unnecessary currency risks. To entrepreneurs, in order to respond to the impact of currency exchange to their companies, a correct concept of currency risk management should be established. Entrepreneurs can’t neglect the risk which currency could make just because they are failed to predict or make profits from the currency exchange. It is very dangerous not to manage a risk while knowing there is one. When facing the global phenomenon of rapid currency exchange, entrepreneurs should establish an efficient way of the currency hedging. First, currency hedging policies should be made. In order to avoid giving too much authorization and too many flexibilities to the financial department, currency hedging policies are made by the board of directors and executed by the financial department. The benefits of doing this are to control the currency loss to a certain degree and the financial department can take action without under any pressure. Secondly, companies should train the staff of financial department to build up the ability of currency risk management and make them know exactly about the currency risks their company has.
3
Pao, Hsiu-Lan, and 包秀蘭. "The Impacts of Enterprises Accounting Standard on Small and Medium Enterprises in Taiwan." Thesis, 2018. http://ndltd.ncl.edu.tw/handle/5pvyz8.
Full textAbstract:
碩士國立中山大學
高階經營碩士班
106
Playing an important role for economic development, small and medium-sized enterprises (SMEs) are the main pillar of Taiwan’s economic and industrial structure. In order to make SMEs smoothly integrate into international markets, the Enterprise Accounting Standard (EAS) was adopted on January 01, 2016 for non-publicly listed SMEs. The accounting system in Taiwan has officially come into a new era. The amendment had great influence; however, so far there is few research studying on the impact of the new policy implement. By document analysis, the study reviews the development of Taiwan Generally Accepted Accounting Principles (GAAP) and analyzes the impact on tax filing and the difference between Enterprise Accounting Standard (EAS) and ROC GAAP. Moreover, the study defines the influence of EAS on the SMEs by interviewing the experts in the industry. Since the models and scales of business are different among the SMEs, the study will divide the SMEs into two groups: the proactive development group and stable development group. In the summary of the study, except some stably developing micro-enterprises, the implement of EAS has a positive impact on SMEs to help them improve the quality of finance information to meet the international standard. Additionally, since financial industry develops fast, the study suggests the government should regularly review whether the EAS needs to be updated to protect the SMEs. The study also suggests the SMEs no matter what scales of business they are should build an integral accounting program and accounting system to accurately know the real business situation and the cost to acquire more chances for business survival and development.
4
Huang, Hsiu-Shan, and 黃秀珊. "A Study of Small and Medium Enterprises’ Entrepreneurship in Taiwan." Thesis, 2003. http://ndltd.ncl.edu.tw/handle/44387177449909338834.
Full textAbstract:
碩士銘傳大學
國際企業學系碩士班
91
Small and medium enterprises (SMEs) have played a critical role in the development of Taiwan economy. Since the 1990s, globalization trend had not only had severe impact on competition but also brought numerous opportunities for SMEs. Success in such dynamic and hostile environment requires entrepreneurial strategies and abundant resources. Entrepreneurship has been characterized as the symbol of business tenacity and achievement. Entrepreneurs of small and medium enterprise are the pioneers of Taiwanese economic success. Entrepreneurs’ sense of opportunity, their drive to innovate, and their capacity for accomplishments have been the norm by which free enterprise is now measured. Consequently, this paper sum up three entrepreneurship’s construct to explore the impacts of the business performance. Besides, it is worth exploring the moderating effects of the market characteristics and organizational characteristics upon this relationship. In order to examine the above relationships, we conducted an empirical study based on respondents of the entrepreneurs of industry in Taiwan. The findings of this paper are as follows: 1.Entrepreneurship is significantly positively correlated with business performance. Furthermore, Entrepreneurship is the most helpful to improve business performance. 2.Organizational characteristics are significantly correlated with Entrepreneurship. 3.Markets characteristics are significantly moderate the relationship between Entrepreneurship and business performance.
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Wu, Pei-Wen, and 吳培文. "Financing Strategies for Small and Medium-sized Enterprises in Taiwan." Thesis, 2019. http://ndltd.ncl.edu.tw/handle/mg5253.
Full textAbstract:
碩士輔仁大學
國際創業與經營管理學程碩士在職專班
107
Small and Medium-sized Enterprises (SMEs) contribute to economic growth and maintaining society stability for Taiwan. However, how to financing is always one of the main issues has to face for SME owners. Studies have shown a high interest in understanding how SME leaders identify main strategies to achieve financial sustainability and business growth. In Taiwan, bank lending is still the main external financing sources for SMEs. However, venture capital and crowdfunding may be alternative sources of business lending to fill the financing gap for SMEs and young firms. These findings from the study may give advice about different finance strategies for SMEs in Taiwan and benefit their owners, leaders, employee, future start-up, local people.
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Huang, Wen-You, and 黃文佑. "Transformation and Innovation of Small and Medium Enterprises in Taiwan." Thesis, 2019. http://ndltd.ncl.edu.tw/handle/h57t7n.
Full textAbstract:
碩士亞洲大學
經營管理學系碩士在職專班
107
This study investigated Mingchao Enterprise Co., Ltd., a company that mainly focuses on the original equipment manufacturing as well as research and development of industrial systems for computerized numerical control (CNC) machining. This study conducted SWOT analysis to determine the strengths, weaknesses, opportunities, and threats of the company. Regarding the strengths, Mingchao is able to provide customized design, although customers must bear high costs. This is an advantage that cannot be easily followed or replicated by other CNC machining companies in other regions or countries. In terms of the weaknesses, the factories owned by Mingchao have grown old, resulting in difficulty to attract young employees. In addition, senior employees all have worked in the company for an extremely long time, which is also a disadvantage to the company’s long-term development. Regarding the opportunities, Taiwan is forced to undergo industrial upgrading in face of international political changes. To ensure long-term business development, numerous enterprises have established branches in Southeast Asian Countries (e.g., Vietnam and Myanmar) or even Japan as a means of international resource deployment, thereby enabling them to shift manufacturing sites when necessary to avoid being affected by international trade wars. In terms of the threats, although Mingchao intended to expand factories, small and medium enterprises in Southeast Asian countries have grown rapidly and the CNC industry has been increasingly competitive. The investigated company in this study is only a specific case and cannot represent general situation; therefore, the findings cannot be generalized to offer suggestions to other small and medium enterprises. Each enterprise should devise adequate business vision plan according to its own statuses of development.
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DAI, KAI-YING, and 戴凱音. "Transition strategy of small and medium plastic enterprises in Taiwan." Thesis, 2006. http://ndltd.ncl.edu.tw/handle/68605076714360123365.
Full textAbstract:
碩士國立臺北大學
企業管理學系
94
The catalyst for the economic miracle Taiwan experienced during the past was middle and small sized businesses. These small and mid size business accomplished this economical miracle through hard work, Industriousness and chap labor. However, currently small to mid size businesses are faced with problems such as the deterioration of the investing environment, increasing labor and land cost. Therefore, whether small and midsize businesses can use their core competitiveness to make the transition is vital to the overall competitiveness of Taiwan. Through case studies by visiting five plastic manufacturing companies, this research using detailed interviews and detailed analysis. On the issue of transition strategy, base on different suggestion adopt different strategy: 1. Reassess the current management direction strategy 2. Product service improvement strategy 3. Management style transition strategy 4. Business model change strategy 5. Vertical integration strategy structure adjustment However, the success or failure of the transition depends of the mentality of the manager.
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許清壽. "Study on the financing of small and medium enterprises in Taiwan." Thesis, 2008. http://ndltd.ncl.edu.tw/handle/49120811305931604202.
Full textAbstract:
碩士國立政治大學
行政管理碩士學程
96
The small and medium enterprises (SMEs) in Taiwan have played an indispensable role in the nation’s economic development. However, given their small size, most of SMEs rely on the financial institutions to get loans by credit facilities in stead of raising funds directly like large enterprises through issuance of stocks or corporate bonds. Related surveys show that the most critical issue requiring government’s assistance for SMEs is financing, particularly obtaining revolving capital. This study mainly examines the financing problems of Taiwan’s SMEs, analyzes the government’s financing measures for the SMEs and the effects, introduces the financing conditions of the SMEs in U.S., Japan and Korea, and provides suggestions based on the compiled and analyzed data. This study finds that information asymmetry between financial institutions and SMEs is the major reason explaining why SMEs have difficulties in obtaining loans from financial institutions. Also, serious distortion of the financial statements prepared by SMEs raises financial institutions’ distrust when examining SMEs’ applications for financing, which consequently lead to the unwillingness of loan approval. In other countries, such as the U.S., Japan and Korean, to cope with the change in the domestic and foreign economic environments, the credit rating model, loan securitization, credit insurance system and the technology credit guarantee fund have been applied to solve the financing problem of the SMEs. The results of this study suggest the followings: 1)For government agencies: design an accounting system suitable for SMEs, build an intact database of SMEs, promote the SME rating system, enrich the capital of credit guarantee agencies, reinforce financing to the knowledge economy industry, and continue to encourage financial institutions to provide loans to SMEs. 2) For financial institutions: enhance the personnel training pertaining to the financing for SMEs and emerging industries, promote the incentive-based financing contracts to expand credit business, establish a credit rating model, and introduce the SME loan securitization. 3) For SMEs: provide true and correct financial statements, deal with their major banks, and understand the credit system of financial institutions.
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Lo, Teh-Liang, and 羅得良. "Export strategies for inventions of Taiwan small and medium-sized enterprises." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/81042725812618933781.
Full textAbstract:
碩士國立臺灣大學
國際企業學研究所
93
Since the communistic society broke down and the global economic environment has gone through a succession of change, the small and medium-sized enterprises in Taiwan must find a way to survive in the changing environment. Research and development on innovative product is one of the solutions. However, how to smoothly sell new product is another issue. To this end, this research at first proposes the differentiation method on the level of product innovativeness, including technological, functional, and market innovation. Secondly,the research probes into the factors influencing the export of innovative products. Finally, under different market orientations, the research sums up the appropriate marketing strategies, including the export channel model, the product promotion, and the pricing strategy. Under the cross reference between the previous documents and the interview cases, this research adopts three scopes, “technological innovation”, “functional innovation”, and “market innovation”, as the evaluation on consumers’ cognition level of the innovative products. Regarding the market position of innovative products, the products with higher level in the technological and functional innovation tend to be positioned with high technology or new functions. Industrial design, branding, and low pricing would be helpful to the positioning of innovative products. For the marketing on the innovation users and early adopters, the opinions in interview cases are greatly different from the previous references which assert active positioning to promote new products. The interviewed enterprises still regard the target market as a whole and focus its efforts therein; they didn’t follow the suggestions from the references, to separate innovation users and early adopters and plan the positioning strategies for different users. As to the export model of innovative products, the export channel model would extend and change through the growing-up and accumulating experiences in enterprises and also present positive correlation with the product innovativeness level and the self-owned brand setting. From the aspects of products, enterprises used to demand higher control on the export of highly innovative products, especially preference on the monopolized shops with high-class positioning and high pricing, and at the same time would not adopt the indirect model for the export. For search on export customers and promotion of new products, current customers are the primary target to promote innovative products. In the research and development of products , the enterprises would start communication to obtain the market response and customer''s orders. Exhibition is the most important activity in the promotion of innovative products in order to evaluate the market response and gain customers’ orders. That’s why setting up one marketing company in the target market is necessary in the export strategy. The pricing strategies in the export of innovative products are mainly demand-oriented and competition-oriented; the demand orientation means the price advantage in innovative products; the competition orientation means the succeeding competitive pressure in the industry environment. Overall, the product with higher market innovation would have better pricing advantage; in average, the pricing for innovative products is 10 to 30 percent higher than that of current products. To sum up the recommendation in the aspects of practices, the research proposes that the product innovativeness should base on the consumers’ viewpoints to evaluate products and the enterprises should aggressively improve the market innovation. Besides, the correct product positioning, such as the industrial design, branding, and exceeding value, would increase the product image and value. For higher level in the product innovativeness, the enterprises need stronger control on the marketing channel and would better establish independent market companies in the exported market to directly obtain the first hand information from the target market and increase the decision-making power in the marketing channel. More direct marketing channel would be more helpful to the sale of innovative products. Furthermore, exhibition is one important method to promote innovative products to catch the market response and customers’ orders. In addition, the enterprises could adopt demand-oriented or market-oriented pricing strategy for innovative products that are with new and special characteristics. Finally, the intellectual property right is the necessary protection to innovative products and also the basic requirement in the industry competition.
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Hou, Ya-Hui, and 侯雅惠. "A Study on Private Branding for Taiwan Small and Medium Enterprises." Thesis, 2016. http://ndltd.ncl.edu.tw/handle/03026609755026920406.
Full textAbstract:
碩士國立彰化師範大學
企業管理學系 國際企業經營管理(IMBA)
104
How an enterprise transforms its operation strategy from an OEM to an OBM company is an important issue especially for small and medium enterprises for that they have limited resources and experienced unfair conditions and requests due to resource dependence. This study aims to explore how a company develop private brand under the consideration of its OEM customers. Two case companies, which are both typical small and medium enterprises in different industries in Taiwan, were chosen. From the interview results, 5 propositions have been summed up, including the motivation which drives the small and medium enterprises to develop private brands, the purpose of applying strategy by the small and medium enterprises, the condition of intend cooperate subject should possess, the OEM customers’ attitude towards the small and medium enterprise’s provide brands and the principle of naming brands. This study also proposes a process according to Taiwan small and medium enterprises’ logical and identical actions.
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Hsu, Chi-Hsiang, and 徐啓祥. "Human Resource Management Practices at Small and Medium Enterprises in Taiwan." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/me59zm.
Full textAbstract:
碩士開南大學
企業與創業管理學系
96
The study to find out the effects of HRM practices in SMEs (Small and Medium Enterprises ) in Taiwan is conducted in this research. Total sample of 359 respondents were collected from SMEs in Taoyuan. The questionnaire includes 6 HRM practices factors, recruitment, selection, compensation, training, performance appraisal and human resource planning, to explore the relationship with the SMEs’ characters such as firm size, industries factors, HR managers. This study presents empirical evidence on the determinants and outcome of Human Resource Management Practices in Small and Medium Enterprises in Taiwan. Our results have several major implications for future research. Suggestions will also provide to the Small and Medium Enterprises’ managers on how to enhance their Human Resource Management Practices in Taiwan. The results of this study showed that: 1. HRM practices are differed according to SMEs characters. 2. Even Small and medium enterprises themselves, the smaller firms are likely to bare less professional HRM practices than large firms (SMEs) when controlling for certain organization characteristics associated with complexity and/or resource availability. 3. HRM practices are differed between manufacturing industry and Non- manufacturing industry. 4. In SMEs, Some of the HRM practices are more common used than other else. Finally, based on the above results, there are some implications for management in practice for Small and Medium Enterprises in Taiwan. Keyword： Human resource management, Small and medium Enterprises, SMEs
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Liang, Chun-Chang, and 梁峻彰. "The Study of Financial PrewarningModel for Taiwan Small and Medium Enterprises." Thesis, 2008. http://ndltd.ncl.edu.tw/handle/86710212984741635861.
Full textAbstract:
碩士中原大學
企業管理研究所
96
The small and medium enterprises are always to hold the balance in the economic evolution of Taiwan. At the present the management environment which small and medium enterprises is face more severe than in the past. According to the economic department “The white paper of small and medium enterprises of 2007, the management year number surpasses 5 years teaching of arts and crafts to account for 61.93%, above 10 years account for 42.05%, manage not the full 1 year enterprise teaching of arts and crafts to account for 8.71% ,1.24 million small and medium enterprises In 2006. small and medium enterprises manage quite unstable before starting an undertaking for five years, have nearly 40% enterprises survive time unable to exceed five years, it serves to show the difficulty that small and medium enterprises to operate a business, except that limited and in small scale, the competition is fierce, it should be a main reason that the fund obtains the difficulty. However the main reason of the financing difficulty for a long time of small and medium enterprises, such factors as that limited and in small scale, own capital is insufficient, lack collateral, incomplete accounting system. In order to improve the difficulty of the small and medium enterprises finance, Therefore this research hope to build up financial factor and non-financial factor financial prewarning model. The review the domestic and foreign scholars studied the related enterprise to forewarn correlation of literature in the past the model, mainly or went on the market on the cabinet company by the major industry primarily, are less alone does the research in view of small and medium enterprises .With small and medium enterprises related literature like Pompe and Bilderbeek (2005), Bai Qin Yuan (2003), Zhang Kuohao (2004) and so on the financial prewarning research the model in view of the discussion small and medium enterprises , many but the natrium has not joined a society take the financial factor as the research variable the influence enterprise survival development the non-financial factor. This research selects 12 effective financial factor from relevant documents to combine with small and medium enterprise’s case study to provide 18 non-financial factor, and to sift the research parameter have explains ability from factor analysis, to adopt Mann-Whitney U Test and Logistic regression analysis , in order to build and construct the financial prewarning model of small and medium enterprises. According to the analysis result of real example, this research obtains the following conclusion: (1)The director can reach the noticeable take place in two years before the financial prewarning while using the cash card. (2)The director uses the cash card and quick ratio can reach the noticeable take place in three years before the financial prewarning.
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Chang, Hui-ling, and 張惠玲. "The Research of Key Success Factors in Taiwan Medium and Small Enterprises." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/91398398619206194579.
Full textAbstract:
碩士國立雲林科技大學
企業管理系碩士班
92
According to the 2003 year White Paper on Small and Medium Enterprises in Taiwan, Ministry of Economic Affairs, the survey data shows that Medium and Small Enterprises of development, the percentage of the number of Medium and Small Enterprises is 97.72% in all enterprises, the number of employees of which is 77.86%, the amount of money of export trade in total is 19.28%, total sales volume in all enterprises is 29.51%. In addition, base on the average economic growth rate of Taiwan in the past 50 years published by Directorate General of Budget Accounting and Statistics Executive Yuan, which is up to 8.1%. We can find out that “ the Medium and Small Enterprises ＂ is the foundation in the free economy society of Taiwan , it earns the good reputation of the economic miracle for Taiwan. The research resource of this study is based on the nine books, published by Small and Medium Enterprise Administration, Ministry of Economic Affairs, which included 177 case studies. This study investigated the key success factors of small and medium enterprises by content analysis and statistic analysis. The main research results are as follows: 1.The key success factor of People''s Livelihood Industry includes 2 dimensions. They are organization and marketing. The first key success factors are “manages the style, idea and management system”, “marketing and trade ability”. 2.The key success factor of Chemical Industry includes 5 dimensions. They are marketing, organization, production, research and development. The first key success factors are“own brand and brand image are good＂,“company culture ,accumulate of manage experience knowledge skills and ability ＂,“high quality and quality control＂,“research and development ability and innovation integrate ability＂. 3.The dimension of the key success factor in Metal Machinery Industry of is organization. The first key success factor is “manages the style, idea and management system”. 4.The dimensions of the key success factor in Information Electronics Industry are organization and marketing. The first key success factors are “accumulate of knowledge and management skills and ability ＂,“own brand and brand image are good＂. 5.The dimension of the key success factor in Professional and Technological Service Industry is organization. The first key success factors are “accumulate of knowledge and management skills and ability ＂. 6.The dimension of the key success factor in Other Industry of is organization. The first key success factors are “accumulate of knowledge and management skills and ability ＂. In sum, we can find out that the most important dimension of the key success factor about Medium and Small Enterprises in Taiwan is “organization”
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Poong, Lee Sang, and 李相豐. "The Comparison Study in Small & Medium Enterprises for Taiwan and Korea." Thesis, 1998. http://ndltd.ncl.edu.tw/handle/38948987827526578248.
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Chun-Ju, Wu, and 吳俊儒. "A Study of Credit Rating Model of Small/Medium Enterprises in Taiwan." Thesis, 2002. http://ndltd.ncl.edu.tw/handle/79205301086266988228.
Full textAbstract:
碩士輔仁大學
應用統計學研究所
90
In the changing environment of Taiwan financial market, the innovation of financial products will play an ever-important role in the financial industry. In recent decade, a lot of banks which focused on Small/Medium Enterprises to design a wide array of differential loan products to accommodate each customer group''s, but there were a lot of trick problems and asymmetric information which existed in the financial report of Small/Medium Enterprises, this made Small/Medium Enterprises had to pay higher loan interest rate in the loan market. Therefore, how banks which make an effective standard system of loan is a very important issue. The purposes of this study were to explore if there had constructive information which existed in banks’ credit rating variables and further could provide a set of qualitative standard rating model to help banks to measure and evaluate the loan of Small/Medium Enterprises which were conducted with some small load cases of Small/Medium Enterprises in a domestic commercial bank in Taiwan. The major findings were showed that : (1) Banks evaluated the risk of loan which according to the loan amount that Small/Medium Enterprises credited from banks before to build the model to affect the loan amount that banks will credit in the future. In general, combine non-financial information, the predictably accurate rate could reach 71.7%, therefore, historical data of the loan amount that Small/Medium Enterprises credited from banks could be used to evaluate the risk of loan. (2) The situation of opening/operation years, business revenue and operation place of Small/Medium Enterprises could be used to evaluate the selection of clients for banks. The opening/operation years and operation place could be used as instead variables under the situation that information was asymmetric or financial report was trick. (3) According to the situation of opening/operation years, business revenue and operation place of Small/Medium Enterprises, it could be distinguished into seven different groups. According to the different groups that banks could predict the average amount of loan, and also that banks could evaluate the financial situation of Small/Medium Enterprises. Therefore, the above findings of this study could be as important references for banks when banks make the loan policy.
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Fan, Ning-En, and 范寧恩. "Establish a Suitable Risk Assessment Model for Taiwan Medium & Small Enterprises." Thesis, 2013. http://ndltd.ncl.edu.tw/handle/90166543138426968955.
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碩士國立暨南國際大學
管理學院經營管理碩士學位學程碩士在職專班
101
In this study, we use bank's credit risk rating table, combined with bank senior managers proposed research views, summarized in the modified version of the risk assessment model. We add some checklists and different industries adjust the rating parameters to improve new version of the risk assessment model. By to doing this, we can reduce the bank's credit risk. In this study, we take three companies to support our research. And thru this case study, we based on the financial information provided by the company for in-depth analysis. We use new version of risk assessment to evaluate the risk and obtained different outcomes of credit ratings. We found interesting result to use new assessment methodology. A Company was given “A rating” from B because all the financial indicates were positive. While B Company can not obtain bank’s credit line due to its long operating days. For C Company, was given “C rating” for it’s over concentrating too few buyers. Consolidated results of the rating, resulting in major financial study of SMEs, such as: (1) Turnover of Accounts receivable is too long or long-lost recoverable excessive accumulation of inventories, which may lead to long turnover times of cash flow. (2) Purchase fixed assets lead long-term liabilities were supported by short-term funds. (3) Too many bank’s credit facilities or shareholder loan or low register capital bring in high debt ratio (4) May be due to declining sales or business expansion too fast, bank loans are too high, result in high loan/ sales ratio. (5) Income before income tax is too low, probably because of the high cost of management and marketing, or product profit is too low, resulting in reduced ability to pay interest charges. (6) Concentrating to few major clients bring in high proportion of a single customer to total sales. (7) Business owner using personal loans or credit cards to support company working capital needs. Through such new assessment to enterprises’ financial report by the possible financial risks and weaknesses. And then give financial planning advice to companies in the financial statements providing the proper attention and to obtain bank’s credit support successfully. Keywords：Small And Medium Size Enterprise、Financial Five Forces Analysis、Risk Ratings List
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Chen, Cheng-Guo, and 陳正國. "The Political Economy of Small and Medium-sized Enterprises'' Development in Taiwan." Thesis, 1995. http://ndltd.ncl.edu.tw/handle/45766008630154741246.
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Fan, Chia-Yuan, and 范佳元. "Credit Ratings Developing and Operating for Small and Medium Enterprises in Taiwan." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/58843536543680419726.
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碩士國立東華大學
國際企業學系
98
This study aimed to explore the credit ratings table developing and operating for the small and medium enterprises in Taiwan. The using data are focused on the industry of bank of small and medium enterprises in Taiwan. First of all, the grey relational analysis ,(GRA) of grey system theory is applied to determine the fittest credit ratings factors, and try to explore the significantly factors for loan by the bank. Secondly, applying the Moody’s KMV structure model to logist regression model for testing. Examines standardization of coefficient the result to take weight of the financial ratio.And than the credit ratings table for the small and medium enterprises in Taiwan. There are four points of conclusions remarked： 1. The score of the credit ratings table was sterner than the TCRI. 2. The analysis of the credit ratings table was significantly sterner than TCRI on using the GRA. 3. The proposed credit ratings table are similar with TCRI ratings in this study. 4. Using the GRA , the financial scale under the GRA is sterner and more effective than the original financial scale. The results of the research can take into consideration for banks while there are loaning to enterprises.
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Chan, I.-Ming, and 詹益銘. "Taiwan Small and Medium Enterprises 4.0: The Electronics Industry as an Example." Thesis, 2017. http://ndltd.ncl.edu.tw/handle/wm7gsq.
Full textAbstract:
碩士國立清華大學
高階經營管理碩士在職專班
105
Although there are many large enterprises in advanced countries, small and medium enterprises are still dominant in number of enterprise. Therefore, countries attach great importance to protect and reward the development of small and medium enterprises. The first chapter analyzes the number of enterprises in Taiwan, the number of employees, the statistical analysis of output value to indicate the importance of small and medium enterprises in social stability and development. Secondly, in last decades, Taiwan passed energy crisis, financial crisis and political conflicts owing to government’s policy, diligent Taiwanese and most importantly, stable jobs provided by small and medium enterprises. The case in this paper is one of the typical small and medium enterprises but also categorized in Taiwan's most important industry, Electronic Parts and Components. From the study, growing process and influence of small and medium enterprises is elaborated. Furthermore, the paper describes how small and medium enterprises varied strategies when facing changes of environment. These strategies are significant foundations of small and medium enterprises to the road to become successful large companies. With the rapid development of Taiwan's economy, companies confront new challenges and difficulties. Southern Strategy or Western Strategy is often taken by local firms in last two decades. As the result, this study will put attention on investigating success and failure in different strategies. Last of all, in case study, this article also shows that when the environment changes, enterprises cannot only adjust business strategy but also follow worldwide trend to innovation. The study is to investigate the development of small and medium enterprises in the past, now and future.
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Chen, Hsuan-Yueh, and 陳玄岳. "The Competency Model Study of Quality Professionals – Small Medium Enterprises in Taiwan." Thesis, 2009. http://ndltd.ncl.edu.tw/handle/00627385884191158371.
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博士國立中央大學
企業管理研究所
97
This dissertation focused on the development of a competency model of quality specialists for Taiwan’s small and medium enterprises (SMEs). First of all, this study provided a competency model for quality specialists to apply several methods such as thorough exploration of research literature on qualitative and in-depth interviews, and panel discussions among focused groups to build a competency model for quality specialists. Secondly, after formally conducting tests with scales, we used an exploratory factor analysis to refine the scale and to construct a validity of the scale. The results showed that in the findings, there were three major competency groups among quality specialists of SMEs, which were classified as: “professional knowledge and skills about quality,” “individual professionalism and traits,” and “organizational and interpersonal talents.” finally, a confirmatory factor analysis was applied to test the goodness of the fitness of the proposed competency model. The major practical application of this study is that one can use the proposed scale and model developed by the present study to recruit quality specialists of SMEs, serve as educational training, and develop career development plans for employees.
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Pei-hsin, Chang, and 張珮欣. "Owners' Investment Risk and Its Determinants:Evidence from Taiwan Small and Medium Enterprises." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/47053177604489436110.
Full textAbstract:
碩士國防管理學院
國防財務資源研究所
92
Small and Medium Enterprises in Taiwan play an ultra important role in the whole economic but studies about these so far have been insufficient. This study discusses mainly the investment risk of small and medium enterprises and factors that affect the risk of small and medium enterprises. This study has taken the inner and outer factors of Small and Medium Enterprises into consideration and derived theoretically an investment risk Model for small and medium enterprises owners. Besides, we have processed an experiment to confirm our theoretical model. Results of our model shows the factors affecting the investment risk of small and medium enterprises include variance of sales, variance of degree of operating leverage, variance of degree of financial leverage, variance of productivity gain, variance of net income return of rate and variance of equity multiplier. From our experiment results, we also found that the following factors have positive effects to small and medium enterprises: variance of sales, variance of degree of operating leverage, variance of degree of financial leverage, variance of productivity gain, variance of net income return of rate and variance of equity multiplier. Experiment results also show that this correlation is weakened if we increase the degrees of financial leverage and degree of operating leverage. Keyword：Investment Risk、Small and Medium Enterprises、Degree of operating leverage、Degree of financial leverage
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Yuan, Chih-hung, and 袁志宏. "Social Responsibility of Small and Medium Sized Enterprises in Taiwan through ISO 26000." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/65439453568977011734.
Full textAbstract:
碩士國立中山大學
企業管理學系研究所
98
Purpose This paper is to discuss social respsonsibility of SMEs in Taiwan through ISO 26000. The main purpose of the study is to explore the relationship between Prin-ciples of social responsibility of cognition, implementation and self-regulation ISO 26000 from the behavior of perspective. Study Design This paper is base on framework of ISO 26000. The scales of "Principles of social responsibility," "Political Pressure", "Economic Attitude", "Fundamental prac-tices of social responsibility" and “Social responsibility core subjects” are developed. This study maps the relation between the scals through a Taiwan survey of 266 SMEs. Using factor analysis, path analysis and mean tests for statistical analysis. Findings SMEs in Taiwan have highly recognized carrying out SR. The study finds that SMEs have higher awareness of social responsibility, their implementations of social responsibility are better. Implications and contributions This paper draws the linkage between “awareness of social responsibility, “so-cial responsibility behavior” and “self-regulatory ISO 26000”. The relationship is positive. This provides the government a way to promote social responsibility. ISO 26000 is the most influential initiative in CSR area in recent years, this study adopted the structure of social responsibility indicators, can provide business information and make their awareness of social responsibility better.
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Wang, Chun Chieh, and 王俊傑. "The Research of Finance of High Tech Small and Medium Enterprises in Taiwan." Thesis, 2001. http://ndltd.ncl.edu.tw/handle/42060469186015244596.
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碩士長榮管理學院
經營管理研究所
89
Recently, the development of high tech industry is what government of Taiwan concerns. However, the development cannot reach the goal in one step, and should start with small firms. The role of the entrepreneurial enterprise as an engine of economic growth has garnered considerable public attention in the 1990s. Much of this focus stems form the belief that innovation – particularly in the high tech, information, and bio-technology areas – is vitally dependent on a flourishing entrepreneurial sector. The principle part of economics’ development of Taiwan is small and medium enterprises(SMEs), but the articles of research are seldom mention of the problems of SMEs in Taiwan, for instance, the resource of entrepreneurial capital and investment of research, the practicable evaluation of professional skills and market. This article is researched by questionnaire’s survey to financial manager of small high tech firms, combine with the characters of SMEs and assistant measures of government. Moreover, this article is also discussed financial decision by Pecking order theory, the sources of SMEs’ finance which varies with age and the additional values of Venture capital company investing what high tech small firms want. The analysis shows that the financial decision of high tech small firms doesn’t completely support the practice of pecking order theory, and the source of R&D expenditures doesn’t, either. At the same time, the additional values of Venture capital company investing what high tech small firms want are not only the value in finance, but also in marketing , organization and management. Key word: Small high tech firms, Pecking order theory, Internal equity, External equity, The ratio of R&D expenditures, Venture capital company.
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Lai, Chin-Lin, and 賴進林. "The study in turnaround situations to small and medium enterprises (SME) in Taiwan." Thesis, 2001. http://ndltd.ncl.edu.tw/handle/94812367844333296562.
Full textAbstract:
碩士國立中山大學
人力資源管理研究所
89
The study in turnaround situations to small and medium enterprises (SME) in Taiwan Abstract The Taiwan economic in the past thirty years gains a very positive reputation in the world. They said it’s a miracle for such a small territory country shows its powerful activities. There are more than 97% small to medium enterprises in Taiwan. The flexibility and efficiency of the SME impresses us. Recently the world business circumstances changed. A new theory of “Transferable Social Resource” indicates why many Taiwan manufactory makers move their production line to China. Those local SME has to find a new way to face the challenge of the business circumstance. Each turnaround becomes the important choice of SME. This study is to show the organizational crisis before change, the forces to make changing decision, the process of turnaround, and how the changing influences the special relationship among business net. And we found: 1. Organizational crisis Ⅰ Poor inner management: for example, none participating type organization; the weakness in financial management Ⅱ External reasons for decline Ⅲ The poor communications inside the organization, A timing solution of it is important to solve problems, The Prejudice of the CEO in favor of either side will hurt the relationship to worse situation. Ⅳ The confidence between the associates becomes the basic factor to develop the organizational capability. 2. The process of turnaround Ⅰ How to finish the old business Ⅱ Some CEO may not face the financial problems as an important factor before the changing Ⅲ The confidence of those financial supporters may become the key point whether it is a successful turnaround. Ⅳ The destructive costs include (1)The request of exchanging by cash. (2) The payments of orders were transferred late. (3) The shortage of cash under certain cases. Ⅴ The way SME solve financial problem is to lend money from their relatives or friends. Ⅵ A CEO gave his company’s stock to the key staffs of the company under organization crisis.
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Chen, Wei-Lin, and 陳韋霖. "Financing Sources of Small and Medium Enterprises in Taiwan: Analysis from Leasing Industry." Thesis, 2014. http://ndltd.ncl.edu.tw/handle/75442m.
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碩士國立雲林科技大學
財務金融系
102
Small and medium enterprises(SMEs) have been playing a crucial role in the Taiwan's economic development. However, access to finance for SMEs in the long term are costly as for the role as Taiwan's SMEs are limited to smaller, financially unstable, internal and external account differences, lack of innate lack of sufficient collateral. Therefore, this paper adopts several financing cases in leasing industry to study the main financing channels for Taiwanese SMEs. When the financing difficulties encountered, this thesis suggests that leasing provides effective and efficient ways and is helpful for the SMEs to improve financing structure, particularly for the ones with great growth potentials but with insufficient valuable mortgages.
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Huang, Po-Chiun, and 黃柏鈞. "The Internationalization Strategy of Small-Medium Enterprises in Taiwan-Based Machine Manufacturing Firms." Thesis, 2017. http://ndltd.ncl.edu.tw/handle/j877u2.
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碩士國立暨南國際大學
管理學院經營管理碩士學位學程碩士在職專班
105
As today’s global economic and social development needs continue to change, the Small-Medium Enterprises’s global economic requirement change has gradually become more obvious. Economic globalization has brought along excellent opportunities to the development of our national Small-Medium Enterprises; to actively participate one’s industry in the international division of labor, one will have to proceed toward the outer world；meanwhile, one must also carefully consider the purpose of one’s internationalization, the core resources of one’s inner enterprise, and whether one is prepared with a proper internationalization strategy. Consequently, knowing how to correctly select suitable foreign markets and entry strategies to be incorporated into the strategy is exceptionally critical in the process of internationalization, and in addition to that, the decision as to how the foreign markets should enter into the strategy, the enterprise’s core competence, internationalized strategy, the service content and product of the enterprise and etc., the relationship and interactivity between the each are no longer simple and invariable connections; instead, they are now constantly varied in accordance with the market change, and as a result, dynamic adjustment has became a very important topic today. The following study will use the academic theories for the process of foreign market entry strategies as the fundamental base and on top of that, the practical aspect based on personal experiences of small-medium enterprises’s foreign market developments; these will be combined into a set that is applicable to industries for the foreign market entry strategies, suitable for enterprises’ reference.
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Liu, Ya-Ju, and 劉雅如. "Outsourcing of Accounting Services: A Study of Small and Medium Enterprises in Taiwan." Thesis, 2018. http://ndltd.ncl.edu.tw/handle/8hke8m.
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碩士國立交通大學
管理學院財務金融學程
106
I conduct this research to investigate the market of SME in Taiwan outsourcing finance and accounting（F&A), including its outlook, lient satisfication, business opportunities, and the demand of F&A outsourcing in different stages of Small and medium enterprise（SME） growth through various methodologies including questionnaire survey, data collection, and interview & case study. The respondents and interviewees are coordinators, supervisors or decision makers in charge of F&A. The results show that the market is booming. The enterprises outsource F&A due to the following reasons: （1）Unwillingness to hire a full-time F&A staff for the sake of cost saving （2） Gig economy and Labor specialization （3）diversified outsourcing demand of enterprises in the ever-changing market which might includes :（A） Mergers and Acquisitions（B） Policies that support entrepreneurship（C） supports from the Government on AI development and Industry 4.0 （D） globalization and rising competition. I also find through the survey the motives enterprises adopt F&A outsourcing: （1）Labor specification （2） Cost reduction （3）Immediacy （4） Internal expertise enhancement from outsourcing （5） Customized services （6） Reduction of tax risks （7） Neutrality in accounting information. The optimistic market outlook results from the needs of （1） Tax avoidance（2）Setting up offshore companies （3） Immediate financial reporting （4） Acquisition of professional advice （5）the introduction of AI technology （6） Policies that support entrepreneurship.
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Zhong, Yuan-Ying, and 鍾曜營. "The Information Model Research for The Small and Medium-Sized Enterprises in Taiwan." Thesis, 2006. http://ndltd.ncl.edu.tw/handle/4b83eq.
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碩士國立臺北科技大學
工業工程與管理系所
94
With the trend of the globalization competitive environment, the enterprises of our country face of a serious subject to strive for the globalization market－Enterprises Information Security. According to the research of Humphreys, the global business environment probably loses 15 billion dollars every year because of the attacking of information system. The small and medium-sized enterprises are comparatively insufficient as to big enterprise because of one''s own resources to set up the way of information safety. This research hopes and can is it produce to discuss suitable small and medium-sized enterprises and build perfect structure of information safety, policy which believe the safe network of the interest, let small and medium-sized enterprises can resource in information safe each important part in limited manpower, material resources, financial resources. This research sum up four and construct the surface mainly main basis on scholar puts forward faces safely: software state, hardware state, personnel sate, enterprise''s administration. Then this research use the investigation method of the on-line questionnaire, on the other hand, research this assist by way of expert''s profundity interview in order to got the expert opinion. Finally, after combine all quality information and quantity information, this research depicts the structure chart of the information security model for small and medium-sized enterprises.
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WANG, CHIEN-HSIN, and 王建鑫. "A Study of the Succession of Small and Medium-Sized Enterprises in Taiwan." Thesis, 2019. http://ndltd.ncl.edu.tw/handle/wscrax.
Full textAbstract:
碩士逢甲大學
經營管理碩士在職學位學程
107
Since the time of ancient Chinesed history. The Chinese culture has always had the concept of inheritance from one generation to the next. This Means that many of the second-generation next in line have been carrying the burdens and tasks of continuing the future responsibilities for continuing and therefore Running the family business. In fact, the founder automatically takes full control and dominates the business, it causes many second-generations could not lead the company in their own way. Despite they are deemed capable to manage a company, they have to follow the instructions of the elders there are always conflicts between the two generations. In particular, the generations who were born in Taiwan after 1980s, they did not experience Taiwan’s booming economy in their working experience. As a result， they could not appreciate the value of running a family business. Nevertheless, the new generations generally join the company after graduation from universities or higher education. However, the idea of professional management downplays the importance of the social and the cultural context, which may appear to contradict the original company vision while the first generation established the company from the scratch, they gained skillset on the job without a proper education system. Due to different point of view, there is an issue of passing the business to the next generation. The Issues that many Small and midium enterprise often encounter in the second generation succession are as follows: 1.The management crucial restructure and system upgrade. 2.The miscommunication between the generations and fail to achieve a mutual agreement. 3.The professional management is difficult to be applied or accepted by the traditional business. 4.It is natural for a family business to employ family members, especially in management positions regardless of the professional capability. Family members tend to be the first people hired when a small business gets started, and as the business grows, so do their roles. As such, they cannot convince and make a good communication with the seniors who have been with the company for ages. 5.The first generation continued to take full control in the company and being reluctant to accept feedback and input from the younger generations about opportunities for improvement and areas of concern. This restricted the possibilities to succeed in a small business enterprises given they could not grasp the substantive power, financial resources and work autonomy of the company. 6.Limited of talents who are non family members to contribute in the business success as the major positions are filled by the family members. 7.In view of family legacy and traditional principals restrict business innovation and future planning in accordance with the fast changing environment.
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Chiu, Ming-Chiang, and 邱明強. "The Investment of Japanese General Trading Companies and Small- Medium Enterprises in Taiwan." Thesis, 1993. http://ndltd.ncl.edu.tw/handle/06814235298045386542.
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CHUEH, CHIO-JUONG, and 闕玖榮. "The Study of Key Failure Factors for Taiwan Small and Medium Startup Enterprises." Thesis, 2017. http://ndltd.ncl.edu.tw/handle/93153613327193541838.
Full textAbstract:
碩士輔仁大學
科技管理學程碩士在職專班
105
The number of new enterprises is an indicator of a country's economic growth progress. The higher the number of new enterprises means more demands for the fundings. It also represents the opportunity for new investment is increasing. Small and medium enterprises have played a major role for Taiwan's economic growth miracles since the 70's. In Taiwan, 95％ of the fundings came from relatives, friends, colleagues and family members. Most people tend to praise the success of business investments but the key factors of investment failure is usually overlooked. There is a price to every success in business world and success is not always guaranteed. Investors suffer losses when investment does not turn out as expected. The results of the losses usually have great economic impact and all parties involved will be affected. This study will explore the key failure factors of investment for new enterprises in Taiwan. It will also provide guidelines and prospectives to potential investors before making decisions to invest in any new enterprise. Hopefully, the success rate of new enterprises investment can be greatly improved after careful analysis and evaluations. That is the objective of this research. This paper applies the Delphi method and interviews with experts to summary some key failure factors, A total of three questionnaire surveys are performed to derive consistent views from the experts. Afterwards, this paper conducts pairwise comparisons in the Analytic Hierarchy Process method to come up with the weights and priorities of individual indicators. A list of key failure factors for the Invest startup of enterprise with the Delphi Method and Analytic Hierarchy Process.
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Lin, Chia-Yen, and 林嘉彥. "The Study of the Financing Effect on Small & Medium Enterprises in Taiwan." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/67137429657108150454.
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Tzu-ChingWang and 王滋靖. "The Mechanism of Regulatory Flexibility Analysis for Small and Medium Enterprises in Taiwan." Thesis, 2014. http://ndltd.ncl.edu.tw/handle/91996238235662373982.
Full textAbstract:
碩士國立成功大學
法律學系
102
The Mechanism of Regulatory Flexibility Analysis for Small and Medium Enterprises in Taiwan Wang, Tzu-Ching Wang, Yu-Cheng Department of Law, College of Social Sciences SUMMARY Small and medium enterprises, which can resolve unemployment problem and promote income averaging, are important economic entities in our country. However agencies had issued thousands of regulations without distinguishing between small businesses and larger businesses when they developed rules and resulted in increasing of regulatory costs and unnecessarily burdened of small and medium enterprises. Unlike more capital which larger business having, there was less capital in small and medium enterprises and increased regulatory costs may probably cause their growing space snuffing out and even collapse. For level the playing field with large businesses, regulatory flexibility analysis was necessary to exist. Thus, the aim of this thesis was to investigate the mechanism of regulatory flexibility analysis for small and medium enterprises in Taiwan. The method of this thesis was documentary analysis including dissertations, journals and public documents by searching the documents on web of Westlaw, LexisNexis, Heinonline and Lawdata. After reviewing the current mechanisms of regulatory flexibility analysis, we found that the existingly regulatory flexibility anslysis is unable to shield small and medium enterprises in Taiwan. In Amendment of the Constitution article 10 paragraph 3, the intents on protections of small and medium enterprises were declared. The regulations were necessary to be modified as soon as possible to avoid the collapse of small and medium enterprises in Taiwan while those were more comprehensive in American. Therefore, those systems in Amerian may be a reference to amendent the law in Taiwan. Key words: small and medium enterprises, regulatory flexibility analysis, protection, regulatory cost INTRODUCTION Small and medium enterprises are important economic entities in our country. Reviewing the pathing developed history, they used to be the mainstay of the economy. With its qualities of flexibility and resilience, small and medium enterprises growed in adversity and brought rapid increasing in gross domestic product. However they are no longer the mainstay of the economy in recent years but still play an important role of maintaining social stability by privoding more than 97.67% opportunities of job which can resolve unemployment problem and promote income averaging. Therefore, the existing of small and medium enterprises is quietly essential in our country. However agencies had issued thousands of regulations without distinguishing between small businesses and larger businesses when they developed rules; believing that a one-size-fits-all regulatory solution was adequate. Hence, these regulations resulted in the increasing of regulatory costs and unnecessarily burdened of small and medium enterprises. Unlike more capital which larger business having, there was less capital in small and medium enterprises and increased regulatory costs may probably cause their growing space snuffing out and even collapse. For level the playing field with large businesses, regulatory flexibility was necessary to analyse and the adjustment of the institutions should be examined. Thus, the aim of this thesis was to investigate the mechanism of regulatory flexibility analysis for small and medium enterprises in Taiwan. MATERIALS AND METHODS The method of this thesis was documentary analysis. We reviewed the literature, such as dissertations, journals and public documents, of mechanisms of regulatory flexibility analysis in recent 20 years. We searched the data on web of Westlaw, LexisNexis, Heinonline and Lawdata by using the key word including “regulatory flexibility analysis”, “regulatory flexibility”, “small bussiness”, “small and medium enterprises” and “regulatory cost”. Not only was the literature in Taiwan but also American enrolled to analyse in this study. RESULTS AND DISCUSSION After reviewing the current mechanisms of regulatory flexibility analysis in Taiwan, we found that there are several problems of their operation. In Amendment of the Constitution article 10 paragraph 3, the intents on protections of small and medium enterprises were declared. Based on that, the existingly regulatory flexibility anslysis is unable to shield small and medium enterprises. This is because the existing laws were too ambiguous to powerful for indicating government to review the regulatory cost and did not consider the differences between small, medium and larger business. Furthermore, we investigated on “Regulatory Flexibility Act” in American, and this Act enacted in September 19th, 1980. “Regulatory Flexibility Act” has been worked over 30 years and was able to significantly decrease the regulatory cost in small and medium enterprises. Therefore, there is a comprehensively regulatory flexibility to deal with the difficulty of small and medium enterprises in American. CONCLUSION The mechanisms of regulatory flexibility in Taiwan were not only unable to protect small and medium enterprises and further to cause the increasing of regulatory cost. The regulations were necessary to be modified as soon as possible to avoid the collapse of small and medium enterprises. However those systems in Amerian seem to be worked well and may be a reference to us. The limitation of this thesis was lack of the analysis for other countries except American and further studies can focus on the systems in other countries.
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Ying-JingLi and 李宜靜. "A Feasibility Study of IFRS Adoption for Taiwan Small and Medium-sized Enterprises." Thesis, 2011. http://ndltd.ncl.edu.tw/handle/68403304578738401875.
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HO, YUNG-WEI, and 何勇魏. "Product Innovation of Small-and-Medium-Sized Enterprises : A Case Study in Taiwan." Thesis, 2009. http://ndltd.ncl.edu.tw/handle/22730084887259222552.
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碩士國立中正大學
高階主管碩士在職專班
97
As mentioned by Peter Ferdinand Drucker, “the business enterprise has two basic functions: marketing and innovation”, is often treated as a core value of companies. An Innovator’s Solution” Clayton Christensen disassembled such capability into three factors related to organizational behaviors. They are (1) the resource controlled by organization; (2) the organizational process; (3) the organizational values. This research applies Clayton’s three organizational factors and innovation strategy as four independent variables, and innovation performance as a dependent variable to study the innovation capability of small and medium-sized enterprise. Three case studies, A, B, and C are performed to elucidate the conclusions. Based on the case studies, which are all related to small and medium-sized companies in manufacturing industry, this research shows following similarities: (1) all the founder’s in the case studies lead the innovation team; (2) all the innovations happen in the founder’s technical professionalism; (3) the successful rate of the innovation projects is above 60%, and more than 30% of these successful project are commercialized in five years; (4) at the planning stage of a new innovation project, all the organizations in case studies address the question of reasonable risk taking in which managers need to engage in order to make their organizations more innovative, and to sustain that innovation; (5) although all the innovations projects are marketing oriented, the executive’s value also affects the direction of the project; (6) blue-ocean strategy and targeting long-tailed markets are regarded as standards to position the new products from innovation projects. In addition to the similarities, the differences between the three case studies are also unveiled in this research. These differences are the key successful factors of the enterprise of each case and could be treated as practice models for innovation execution in the relevant industry. The exploitation of these differences is the most signification value of this research. This research draws four propositions from the interviews of the case studies. They are: (1) the resource controlled by organization has positive effects on innovation performance; (2) organizational process exert positive impact on innovation performance; (3) organizational value affects the innovation performance in a positive way; (4) innovation strategy has positive impact on innovation performance. All these four propositions could be confirmed and discussed in future real case studies.
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Chang, Shu Sung, and 張書松. "Taiwan Small and Medium Manufacturing Enterprises’ New Business Entry Mode and Corporate Performance." Thesis, 2006. http://ndltd.ncl.edu.tw/handle/18792595553110728904.
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碩士育達商業技術學院
企業管理所
94
Small and medium enterprises are the basis of the development of Taiwan industries and also the major force to develop our economics as well. However, it is undeniable that the small and medium enterprises lack of capitals, manpower, technologies and information compare to large enterprises. Small and medium enterprises have facing industry transformation and upgrading pressures due to the changes of economic environment and industry structure, liberalization, and globalization. Small and medium enterprises should adopt proper business strategies to cope with the challenge from internationalization and globalization for survival and create high value-added and competitiveness for further development. This study tried to find out the linkage of new business development with its entry mode, and corporate performance of small and medium enterprises. By the use of questionnaire survey method, small and medium enterprises that main function as manufacturing were conducted to participate in this study through post mailing. Small and medium enterprises usually launched new business to seek for new business opportunities, to expand the markets, to lengthen business life cycle based on the original business field. Therefore, they are quite familiar to the new business and especially to the products. The entry mode is mainly applied by internal start-up, and new business performances were moderated or above. Organizational efficiency indicators were performed better than other indicators in general. The challenges for small and medium enterprises to develop new business were come from the competitors’ competition, technology innovation, cost management, and the uncertainty of the industrial environment. There is no correlation between the new business entry mode or its development direction and corporate performance but it is significant to the familiarity to new business. With new business entry mode, started from external development better than internal business start-up. The familiarity of new business is shown significance to new business performance while the familiarity of new markets is correlated to financial and strategic indicators.
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Hung, Hsueh-Mei, and 洪雪媚. "Investigating the Impact of Basel II on Taiwan''s Small and Medium Enterprises." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/64135734069532200268.
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碩士國立臺灣大學
國際企業學研究所
92
The new Basel Accord（Basel II）which sets more rigorous regulation in corporate financing, will be put into operation in 2006. This thesis investigates the impact of the new Accord on Taiwan’s small and medium enterprises (SMEs). By applying empirical data to the regulations developed by the Basel Committee on Banking Supervision (BCBS), our research reveals the following findings: 1. Through an investigation in the probability of default of our sample of Taiwan’s companies rated in the 1996-2001 period, the probability of the retailing SMEs was documented to be merely 0.92%. The issue is more pronounced in Taiwan since (1) the criterion of classifying SMEs in Taiwan is lower than that of BCBS, and (2) bank loans to SMEs for over 40 million New Taiwan Dollars would hardly be granted - a financial report certified by the accountant is required, according to the banking regulations, for loans over 30 million New Taiwan Dollars. These findings imply that the probability of default of SMEs in Taiwan is lower than that of large enterprises. 2. Since a bank applies different risk-assessment approaches in financing SMEs, variances in capital requirements among various approaches are significant. 3. Most SMEs in Taiwan under the regulation of classifying SMEs and the law of banks will be categorized as Retailers, by BCBS definition, and may benefit from Basel II regulations. However, it will bring in negative effect in SMEs financing when the banks set a higher capital requirement for loans to SMEs based upon factors such as portfolios of asset and credit-rating structure. 4. The characteristics of SMEs and their high operation cost usually induce greater funding costs than larger enterprises. Nevertheless, by applying the base interest rates and the Basel II system, the banks may bear lower credit risk with SMEs and may thus require lower spreads than before. We also estimate that the spreads corresponding to RAPM (Risk-Adjusted Performance Measurement) financing price is not likely to exceed the concurrent measures. Furthermore, we find that the IRB (Internal-Rating-Based) approach would lead to a lower capital requirement than the standardized approach.
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Kuo, Chi-yan, and 郭啟揚. "A study on IT outsourcing motivation for small-and-medium enterprises in Taiwan." Thesis, 2009. http://ndltd.ncl.edu.tw/handle/y57zd4.
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碩士國立中央大學
資訊管理研究所
97
Prior research on motivation to IT outsourcing mainly focused on large enterprises. This study borrows results from prior IT outsourcing researches on large enterprises, and adapts them to small and medium enterprises in Taiwan. The objective is to understand the reasons for IT outsourcing for small and medium companies, and to gain insights to the type of outsourcing that might lead to better satisfaction and performance. This study is an exploratory research based on mail questionnaires distributed to two thousand small and medium companies in Taiwan. Result shows that the two most critical reasons that lead small companies to shun away from outsourcing are: “Worry about leaking confidential information” and “The operation needs direct control.” On the other hand, the two most important reasons for SMEs to outsource are “Obtain services not available internally” and “Improve service level.” In contrast to prior researcher on large enterprise that include four financial related reasons in top 10 list, out results shows only one financial related reason in top ten. This study also makes use of cluster analysis, dividing samples into three groups. The finding is that the group with lower outsourcing satisfaction also has lower knowledge about IT outsourcing, and vice versa. Meanwhile, both two groups with higher satisfaction spend more on IT outsourcing but less on total IT expenditure. Finally, results suggest that companies with higher understanding of the outsourcing concept also have higher satisfaction to outsourcing. Hence, this study suggests that those who want to outsource should try to gain better understanding on outsourcing.
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Lin, Li-Jung, and 林麗容. "An Investigation of Taiwan Small and Medium Enterprises'' Financial Statement Management Behavior-Delphi Method." Thesis, 2004. http://ndltd.ncl.edu.tw/handle/94267107180163499053.
Full textAbstract:
碩士東吳大學
會計學系
92
The purpose of this paper is to explore the financial statement management behavior of the small and medium enterprises in Taiwan. Conducted by means of questionnaire, the paper employs Delphi Method to analyze and integrate the opinions presented by senior experts, including three Financing Controllers in three banks, three Accounting Controllers in three companies, and nine senior CPAs in business. And the foci of the investigation are management behavior’s incentives for financial statement, at the time for financial statement management behavior, practice for financial statement management behavior, and how the financial statement users can obtain more useful and more reliable information from these financial statements given under the financial statement management behavior. The results of the study on the financial statement management behavior of the small and medium enterprises in Taiwan are described below: First, considering tax avoidance, facilitating the financing, and complying with regulations for list and public offering in stock market are three significant incentives contributing to the financial statement managerial behaviors of companies. Second, regarding the most opportune time for companies to engage in the financial statement management behavior, the result indicates that in order to accord with regulations stipulated by Securities and Futures Commission, the clearing behavior of enterprises will generally take place two years before public offering or one year before listing. Third, the approaches used frequently in the financial statement management behavior by enterprises are earnings management. One of the most important methods in earnings management is the revenue principle, which includes manipulating the timing of revenue recognizing, cooking the revenue, maneuvering revenue through the related party transactions, shifting other income to sales revenue, and creating a triangular barter for earning watered revenue. Last, as to the users of financial statement, in order to acquire the useful and reliable financial information to help them to make decisions, it is necessary for them to assess and modify the financial information provided by companies engaging in the financial statement management behavior with some extra information, for instance, how much the amount of related party’s transitions is, how many the turnover rate for company’s VIP is, and what the standard of morality and value judgment of the employer is, and so on. Besides, if the users may exactly make use of the traditional financial methods, such as quick ratio, gross ratio, affiliate ratio, comparison receivable and affiliate, inventory turnover rate, and average credit period to analyze the financial reports offered by the enterprises, the users still could gain the useful and effective information for their decision- making. Based on the findings of most literature review and empirical studies, we find that the behaviors of earnings management do exist among most of the enterprises. However, due to access difficulty and confidentiality concern, most research objects covered in those studies are mainly listing companies, since it is easier to obtain the financial information of the listing companies. Unlike most studies mentioned above, the objects of this investigation are non-listing companies in Taiwan. Therefore, the conclusion of this study could not only contribute to the literature, but also provide references that government and financial administration may need to amplify the existing rules and regulations in the accounting system of small and medium enterprises in Taiwan.
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Wu, Pei-Shan, and 吳佩珊. "Constructing a Two-Stage Risk Assessment Model for Small and Medium Enterprises in Taiwan." Thesis, 2008. http://ndltd.ncl.edu.tw/handle/28621991723255299527.
Full textAbstract:
碩士國立交通大學
工業工程與管理系所
96
Due to the global economic recession, enterprises are facing strong financial stress. For this reason, banks or financial institutions are suffered from serious financial risk. In order to reduce the global financial risk, banks or financial institutions need to develop to their own internal measures for assessing the borrower’s credit according to the New Basel Capital Accord (BASEL II). Most risk assessment models found in literature were constructed for the publicly traded companies. However, 90% of enterprises in Taiwan are small and medium enterprises. It is not quite appropriate to apply the risk assessment models for publicly traded companies directly to those banks or financial institutions whose borrowers are mainly small and medium enterprises. Furthermore, most available risk assessment models use classification methods (such as the discriminant analysis model and logistic regression model) to construct the models and classify the loan borrowers into default and non-default groups. Although the total accuracy rate of classification may be good, but the accuracy rate for a particular group (such as the default group) is significantly higher than the other. It is often found that the accuracy rates for both groups are not balanced. It causes serious problem in practice use for the financial institutions. Therefore, the objective of this study is to develop a two-stage risk assessment model to improve the unbalanced accuracy rate for different group, furthermore, to increase the total accuracy rate. This study utilizes logistic regression at the first stage and support vector machine (SVM) at the second stage to construct this two-stage risk assessment model. Finally, a real case from a Taiwanese financial institution is utilized to demonstrate the effectiveness of the proposed procedure.
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李佳學. "A Study of Business Strategy on Small and Medium Enterprises in Taiwan Garment Industry." Thesis, 2007. http://ndltd.ncl.edu.tw/handle/25624055769291467667.
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Hsueh, Lee-Lan, and 薛麗蘭. "A Study of Financial Distress Prediction Model For Small and Medium Enterprises in Taiwan." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/32865031053288390599.
Full textAbstract:
碩士國立高雄應用科技大學
金融資訊研究所
98
In the second half year of 2008, comes under the global financial crisis which has lead to contraction and sluggish consumption investment. Many of the domestic enterprises have face shortage of funds and financing difficulties among which primarily in small and medium size enterprises (SMEs). The SMEs are limited by unsound financial and sales data that procuring banks to increase credit risk assessment which tend to be more conservative in extending loans that has lead to financing difficulties and increasing business risk. This study attempts to find SMEs financial variables, identify the causes of financial crisis in SMEs and to create a more practically applicable prediction model as an early warning system. It is aim at improving SMEs creditability that conduce willingness of bank to meet the financing demands of SMEs. The study shows that financial variables that affect financial crisis in SMEs are quick ratio, debt ratio and total asset turnover; in the first three years of the financial crisis, account receivable turnover, debt ratio, equity ratio, total asset growth rate, revenue growth rate extract from the factor analysis are also the significant variables that affect SMEs financial crisis. The accuracy of the two models of this study is between 68%-75%, feasible for predicting SMEs financial crisis. Type-I error in model one are 60%,70%,80% and in model two 45%,47.50%,47.50%. It has highlighted the financial characteristics of SMEs in Taiwan, which is unsound, easy modification of financial statements, beautification of financial date, result in errors of financial statements, increasing the difficulties for bank to audit. The two models established by logistic regression shown that models built up by primary components to the occurrence of financial crisis in overall prediction accuracy and default enterprise accuracy have outperformed models built up by correlation matrix analysis. The result shows that financial variables of the models composed by primary components analysis have effectively improved the prediction.
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Chou, Chin-Feng, and 周錦鳳. "A Study of Underreporting of Insured Salary for Small and Medium Enterprises in Taiwan." Thesis, 2012. http://ndltd.ncl.edu.tw/handle/46894693564733878716.
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碩士國立雲林科技大學
會計系碩士班
100
After the enforcement of the new Labor Pension System (hereafter, LPS) in Taiwan, it is found that some employers of Small and Medium Enterprises take the way of underreporting the insured salary to agents in order to save the labor pension expenditure . Concurrently, this under-declaration behavior also results the employees to reach the goal of reduce individual income tax burden. This study is thus motivated to examine the consequences of LPS related issues on Taiwanese Small and Medium Enterprises from the viewpoints of national tax, labor and health insurance. The discussions include the objects, the timing, the channels, the motivation and effects of the underreporting behavior of insured salary. We also use the case of Taiwan Banciao District Court civil judgment 100 annual labors v. No. 111 as an example to illustrate and discuss the impacts of LPS. The findings reveal that the Small and Medium Enterprises’ underreporting insured salary not only affect the rights of the insured employee, but also deteriorate the long-term financially healthiness of the labor insurance system. Besides, in some cases, the employers of Small and Medium Enterprises would confront with the severely economic consequences such as overdue tax, severe penalty, and the lawsuit.
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Ho, Fang Yuan, and 何芳元. "Entrepreneur Ability, Business Ability, and Financing of Small and Medium Enterprises, Evidence from Taiwan." Thesis, 2014. http://ndltd.ncl.edu.tw/handle/u5ez3w.
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碩士國立高雄應用科技大學
國際企業系碩士在職專班
102
Entrepreneurships is the center of small and medium enterprises (SMEs). Entrepreneurial ability is considered to be a scare resource for a firm to maintain competitive advantages. Business ability describes how a business could survive in the business environment. This study intends to investigate how entrepreneurial ability and business ability could impact the financing ability of SMEs. Based on our questionnaire survey in 2013-14, we have drawn the conclusions as follows: First, entrepreneurial ability and business ability are positively associated with the financing ability. Second, enterprise performance is positively associated with the financing ability. Third, both entrepreneurial ability and business ability are positively associated with the enterprise performance. Finally, entrepreneurial ability and business ability have impacts on the financing availability directly and indirectly. Therefore, the managerial implication is that entrepreneurs could try to improve their entrepreneurial ability and business ability to pursue their long-term growth.
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TING, CHIA-QI, and 丁家麒. "A Study on Loss Given Default of Small and Medium - sized Enterprises in Taiwan." Thesis, 2017. http://ndltd.ncl.edu.tw/handle/m79trv.
Full textAbstract:
碩士東吳大學
國際經營與貿易學系
105
Government requires banks and financial institutions in line with the implementation of Basel II in 2007, requiring banks should have internal risk management mechanism, banks and financial institutions to increase the risk sensitivity. Therefore, banks and financial institutions to develop an effective method to forecast LGD business loans to bank lending as a decision-making basis and reference, and use this method to reduce credit risk and reduce the bank's losses. This study suggests that, when the audit of financial institutions lending to SMEs, should pay attention to the study discussed in factors, as the basis for approval of the loan, reducing the risk of default , increase shareholders' equity.
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Chen, Ming-Hua, and 陳明華. "A Study of Innovative Human Resource Management in Small and Medium Enterprises at Taiwan." Thesis, 2008. http://ndltd.ncl.edu.tw/handle/jn84w6.
Full textAbstract:
碩士長榮大學
高階管理碩士在職專班(EMBA)
96
Abstract Human resource management is a mature science. As the era of information and knowledge based economy has arrived due to economic structural change in Taiwan, the relationship between human resource management and business organizations has became closer, which has further broaden the context of human resource management. Under the trend of globalization and informatization, increasing competitive advantage and effectiveness has became a question for business organizations. The economy of scale, which brought by knowledge, and the profit and advancement, which is brought by innovation, are all based on human, based on the creativity and hard work of human. In such dynamic environment, how to select, utilize, train and retain human resource, is therefore, a critical duty of the human resource department of the business. Brilliant human resource management and utilization can result in competitive advantage for business organizations. Thus, increase in overall competitive power and effectiveness of the business is made possible by the implementation of innovative human management methods. By the implementation of Analytical Hierarchy Process, AHP, this paper focuses on topics relating to the human resource management in the future. The innovation of four human resource management aspects, including the recruitment and selection, training and development, performance appraisal, and remuneration and benefits innovations, are to be discussed in this paper. Furthermore, in this study, it has found out that the first five key elements which influence SMEs’s innovative human resource management（IHRM）activities significantly, they are 1.competeny training 2.career planning 3.career-path planning 4.established training center 5.teamwork-base assessment for performance appraisal. As the result, SMEs should focus on the development of employee career planning or relative training activities. In addition, under this systemic IHRM procedure, it can be built up stronger comparative advantage and organizational value.
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Chan, Shu-Ting, and 詹淑婷. "The Relationship between Control Type and Firm Performance of Small Medium Enterprises in Taiwan." Thesis, 2012. http://ndltd.ncl.edu.tw/handle/38521693594861528585.
Full textAbstract:
碩士國立屏東科技大學
企業管理系所
100
The Small Medium Enterprises (SMEs) are not only the driving force of Taiwan’s economic development, but also the major component for social stability. However, the majority of SMEs have the problem for obtaining sufficient running capital. Many promising SMEs with profitable products are not able to expand their market or even survive from the competition due to the lack of sufficient funds. Small and medium enterprises operate their businesses in smaller scale than listed firms. Therefore, it is very easy to be controlled by big shareholders. SMEs implement corporate governance mechanism into their daily business operation may enhance firm performance. The government has so for not design any corporate governance internal or external mechanisms for SMEs. The size for SMEs and listed companies are different, and therefore, the mechanisms of corporate governance for SMEs and listed companies should not be the same. Therefore, the purpose of this study is to examine the relationship between corporate governance's control right and firm performance for small and medium enterprises (SMEs) in Taiwan. The results will provide comprehensive understanding of SMEs corporate governance practices, in terms of types of control right. The study used multi-regression analysis to test the relationships between the control right’s and firm performance. The data are obtained from Taiwan Institute of Economic Research database for small and medium enterprises (SMEs) from 2006 to 2010. The empirical results show that there has a significantly positive relation between director’s shareholding ratio and firm performance. There has a significantly positive relation between manager’s shareholding ratio and firm performance. In other word, when the director’s shareholding ratio or manager’s shareholding ratio is higher, firm performance is better.
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Wu, Ching-Ching, and 吳晶菁. "The Internationalization Process of SMEs in Emerging Market: Small and Medium Enterprises in Taiwan." Thesis, 2017. http://ndltd.ncl.edu.tw/handle/ppb4c2.
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碩士文藻外語大學
國際事業暨文化交流研究所
105
The rise of emerging markets has changed the global competition ecology. How could Taiwan’s SMEs improve their performance of internationalization in term of adapting dramatically changing global competition and overcoming local environment. This study try to explore the internationalization process of Taiwan’s SMEs to answer the questions. Uppsala model suggested the effects of resources commitment, experiences acquiring, networking, and opportunity searching on gradual international process. The research of firms from emerging markets indicated their specific features of internationalization. Based on these two research trends, this research used case study and semi-structural interview to analyze the specific features of internationalization process of Taiwan’s SMEs. The results found that both of commitments and experiences influence interchangeably, and which affect opportunity evaluation and implementation. Finally, after discussing research and practical implications, this study also indicated future research directions.
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Chang, Yu-jui, and 張育睿. "The case study of business strategy in Taiwan''s pump small and medium enterprises." Thesis, 2014. http://ndltd.ncl.edu.tw/handle/62216609920700093890.
Full textAbstract:
碩士國立雲林科技大學
企業管理系碩士班
102
With three small and medium sized manufacturers of pumps in Taiwan as the subjects, the study investigates the respective strategies they are adopting in order to hold market share in the competitive market. The study conducted in-depth interviews with these three manufacturers of different types of pumps to explore their perspectives and applied strategic matrix developed by Dr. Szu-Tu(1995). Each case study was deconstructed into six dimensions to filter out important information on how smaller firms can perform well against much larger competitors or even international ones. Based on the findings of the study, the following observation notes were made: 1. D or H type of pump manufacturers can achieve the economies of scale and cost advantage, low vertical integration by making standardized products. 2. S type pump manufacturers can make customized products and high vertical integration with a flexible manufacturing system that allows the company to react in case of changes to meet customer needs. 3. Pump companies can promote continuous and decisive efforts to improve product quality and provide customers with enhanced maintenance and service support to help build loyalty to the brand, product and the company. 4. The pump industry is not characterized by economies of scale. It is a fragmented industry that is comprised of many small firms. Even a small company can survive. Due to information asymmetry, service usually outweighs price in the industry. 5. If have no economies of scale , most pump manufacturers outsource cast parts as casting involves specific materials, labor, and foundry equipment. 6. Most pump manufacturers market and sell to businesses(B2B). The long term relationship with the suppliers, distributors and customers are extremely important on sustainable development and adopting sustainable business practices. Keywords: Pump industry、Business strategy、Economies of scale
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Hsieh, Yi-Ta, and 謝宜達. "Key Success Factors for Merger and Acquisitions of Small and Medium Enterprises in Taiwan." Thesis, 2010. http://ndltd.ncl.edu.tw/handle/57298044297888690012.
Full textAbstract:
碩士輔仁大學
科技管理學程碩士在職專班
98
M&As have been heating up in Taiwan over the past few years. A number of large M&A deals in Taiwan aim mostly for an expansion of market shares, reduction of operational costs, enhancement of enterprise values and acquisition of relevant technologies. Data from the Department of Commercial Affairs, Ministry of Economic Affairs, from the promulgation of the Business Mergers and Acquisition Act in 2002 to June 2009, there have been over 1,200 M&A deals, with transactions exceeding to NT$590 billion. One key driver to such an M&A boom was SMEs (small-and-medium enterprises), which account for 61.7% of the total transactions. Hence, a study on the key success factors on M&As of SMEs can serve as a reference to future M&A strategies. This paper applies the Delphi method and interviews with experts to summary some key success factors, deal makers or breakers. A total of three questionnaire surveys are performed to derive consistent views from the experts. Afterwards, this paper conducts pairwise comparisons in the Analytic Hierarchy Process method to come up with the weights and priorities of individual indicators. A list of key success factors for the M&As of SMEs is generalized with the Delphi Method and Analytic Hierarchy Process. This paper consists of five chapters. Chapter One is the overview. Chapter Two is dedicated to literature reviews. Chapter Three discusses research methods. Chapter Four summarizes research finding and statistical analysis. Chapter Five provides conclusions and recommendations. A total of 12 key success factors are generalised for the reference to academics and industries. These factors include the risk assessment for the M&As, the quantification of synergies and valuations based on market comparables.