An Empirical Study on Key Factors Influencing the Value of IT Companies Listed in Overseas Markets

摘要：

In this paper, we firstly take IT companies mainly listed in NASDAQ from 2005 to 2007 as the object sample. Secondly, we choose eight financial indicators as the independent variables and put forward seven hypotheses. Finally, we analyze some main factors influencing the value of IT companies listed in overseas markets by using multi-factor regression model. We find that net operating-cash per share and tangible net assets per share have significantly positive impact on comorate value;earnings per share, intangible assets per share, and R&D expenditures have significantly negative influence and total assets turnover and asset-liability ratio have no significantly impact at all.

关键词： IT Industry Overseas Listed Companies Corporate Value Influencing Factors Empirical Analysis

作者: Dongmei Wang Qinqin Yu Hongqing Tang

作者单位: Management School, Graduate University of Chinese Academy of Sciences, Beijing, 100190, China

会议类型: 国际会议

会议名称: 第八届武汉电子商务国际会议(The Eighth Wuhan International Conference on E-Business)

会议地点: 武汉

会议语种:英文

页码: 252-258

在线出版日期: 2009-05-30（万方平台首次上网日期，不代表论文的发表时间）