Skip to main content
SpringerLink
Log in

The Influence of Internationalization on Value Drivers: Song Ho Industrial Corporation, Ltd. vs. Chih Lien Industrial Corporation, Ltd.

  • Conference paper
  • First Online:
Book cover Innovative Mobile and Internet Services in Ubiquitous Computing (IMIS 2017)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 612))

  • 1754 Accesses

Abstract

This study took two listed companies, Song Ho Industrial Corporation, Ltd. and Chih Lien Industrial Corporation, Ltd. as samples to explore whether internationalization might have influence on value drivers. The evaluation base date was on December 31, 2014. Our empirical results found that the major rankings of the key value drivers of the international company represented by Song Ho were gross profit margin, change of capital cost; revenue growth rate, respectively. Contrarily, the important rankings of the key value drivers of the local company represented by Chih Lien were change of capital cost, gross profit margin and revenue growth rate, respectively. These empirical findings might give some suggestions to the management to enhance their firm value efficiently, and guide investors how to modify their portfolios while the key value drivers change.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 259.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 329.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Reference

  1. Huang, D.T.S.: Corporate Financial Analysis: Creation and Evaluation of the Firm Value. Hwa Tai, Taipei (1998)

    Google Scholar 

Download references

Acknowledgments

This study was supported by Asia University under Grant No. 104-asia-10. We acknowledge the helpful comments and suggestions from the anonymous reviewers.

Author information

Authors and Affiliations

  1. Department of Finance, Asia University, 500, Lioufeng Rd., Wufeng, Taichung, 41354, Taiwan

    Kuei-Yuan Wang

  2. Department of Health and Nutrition Biotechnology, Asia University, 500, Lioufeng Rd., Wufeng, Taichung, 41354, Taiwan

    Chien-Kuo Han

  3. Department of International Business Management, Fujian Hwa Nan Women’s College, 66 Xue Fu Nan Road, Shang Jie Town, Min Hou County, Fuzhou, 350108, Fujian, China

    Xiao-Hong Lin

  4. Taichung Commercial Bank Co., Ltd., 141, Pishan Rd., Tsaotun, Taiwan

    Ming-De Lin

Authors
  1. Kuei-Yuan Wang
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Chien-Kuo Han
    View author publications

    You can also search for this author in PubMed Google Scholar

  3. Xiao-Hong Lin
    View author publications

    You can also search for this author in PubMed Google Scholar

  4. Ming-De Lin
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Xiao-Hong Lin .

Editor information

Editors and Affiliations

  1. Faculty of Information Engineering, Fukuoka Institute of Technology, Fukuoka, Japan

    Leonard Barolli

  2. Rissho University, Tokyo, Japan

    Tomoya Enokido

Rights and permissions

Reprints and permissions

Copyright information

© 2018 Springer International Publishing AG

About this paper

Cite this paper

Wang, KY., Han, CK., Lin, XH., Lin, MD. (2018). The Influence of Internationalization on Value Drivers: Song Ho Industrial Corporation, Ltd. vs. Chih Lien Industrial Corporation, Ltd.. In: Barolli, L., Enokido, T. (eds) Innovative Mobile and Internet Services in Ubiquitous Computing . IMIS 2017. Advances in Intelligent Systems and Computing, vol 612. Springer, Cham. https://doi.org/10.1007/978-3-319-61542-4_82

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-61542-4_82

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-61541-7

  • Online ISBN: 978-3-319-61542-4

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics

Search

Navigation