URN etd-0624105-113934 Author Tsung-hsien Tsai Author's Email Address No Public. Statistics This thesis had been viewed 5342 times. Download 7 times. Department Finance Year 2004 Semester 2 Degree Master Type of Document Language zh-TW.Big5 Chinese Title A Gain-sharing Model applied to re-evaluate the stock exchange ratio in communication industry’s M&A – the case of Taiwan Mobile Corporation and Far EasTone Telecommunications Corporation. Date of Defense 2005-06-08 Page Count 69 Keyword Merger & Acquisition allocation mechanism Abstract After the liberalization of the market , there will be the surge of competitors and price competition. In the end, the market will go to M&A. In the begin, there are seven competitors in Taiwan’s communication industry. After the M&A, the market divided into three giant groups, Chunghwa Telecom Co., Ltd,Taiwan Mobile Co., Ltd and Far EasTone Co., Ltd.
The traditional models in evaluating the stock exchange ratio in M&A is to evaluate the target company and buying them out. In this paper, we adopting game theoretic
ain sharing model to re-evaluate the stock exchange ratio in profit generating and distribution . The result is that the net income is the proper variable to evaluate the stock exchange ratio in Taiwan’s communication industry.
Advisory Committee Ying-fang Huang - chair
Jen-Jsung Huang - co-chair
Yue-Shan Chang - advisor
indicate in-campus access in a year and off_campus not accessible
etd-0624105-113934.pdf Date of Submission 2005-06-24