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系統識別號 U0026-0307201521324300
論文名稱(中文) 飛安對公司價值之影響
論文名稱(英文) The Impact of Airline Safety on Firm Value
校院名稱 成功大學
系所名稱(中) 會計學系
系所名稱(英) Department of Accountancy
學年度 103
學期 2
出版年 104
研究生(中文) 游哲銘
研究生(英文) Che-Ming Yu
學號 R16021132
學位類別 碩士
語文別 英文
論文頁數 27頁
口試委員 指導教授-陳政芳
共同指導教授-林囿成
口試委員-黃炳勳
口試委員-陳信吉
中文關鍵字 飛安  公司價值 
英文關鍵字 Airline Safety  Firm Value 
學科別分類
中文摘要 本篇論文是在探討航空公司如果有好的飛安會不會增加公司的價值,我分析了從2002年到2014年美國的21家航空公司,發現航空公司的飛安與公司價值有顯著的正相關,換句話說,公司的飛安越好,價值會越高。此外,我還發現在飛安事故較頻繁的年度,投資人會更重視航空公司的飛安,這時候公司價值受飛安程度的影響會更大。
英文摘要 This article discusses whether the level of airline safety may increase an airline firm’s value. Following an analysis of 21 airlines over the period from 2002 to 2014 in the USA, I have found that there is a significant relationship between airline safety and Tobin’s q. An airline with a better safety index will have a higher Tobin’s q. Moreover, I also found that investors pay more attention to the safety index in the years which accidents happened frequently. The firm value of airlines may be more heavily influenced by the safety index rating.
論文目次 1.Introduction 1
2.Literature Review 4
3.Hypothesis Development 9
4.Research Method 11
4.1Data Source 11
4.2Measuring Performance 12
4.3Model and Variable Definition 13
4.4Definition of Independent Variables 15
5.Empirical Results 17
6.Sensitivity Analysis 22
7.Conclusion 23
References 24
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