并购与策略联盟在公司理财文献之回顾与展望亚洲-台大管理论丛.pdfVIP

Forthcoming 臺大管理論叢 2017/9 27 3 1-52 DOI:10.6226/NTUMR.2017.NOV.25104-003 併購與策略聯盟在公司理財文獻之回顧與展望： 亞洲市場之研究 Review of MA and Joint Ventures in the Field of Corporate Finance: Asia as the Case Study 翁鶯娟 / Ying-Jiuan Wong, Associate Professor, Department of Business Administration, National Kaohsiung University of Applied Sciences 張紹基 / Shao-Chi Chang, Professor, Institute of International Business, National Cheng Kung University Received 2015/9, Final revision received 2016/11 摘 要 2000~2015 TSSCI A SSCI 【關鍵字 】 Abstract A firm needs to engage in various corporate investments in order to grow and ensure sustainable operations. When opportunities for internal growth (innovation investment or capital investment) are limited and financial goals are not achieved, a firm may then turn to external growth methods (MA, equity-based alliances such as joint ventures, and non- equity-based alliances) to achieve its growth objective. This study focuses on external growth strategies by revisiting the relevant literature that sampled data from the Asian market, and was published in TSSCI or A Tier SSCI financial journals from 2000 to 2015. Journals that touched upon MA, joint ventures and strategic alliances were targeted. Following the research format within these journal articles, topics were then divided into two categories: MA and allian