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作者(中文):彭敬雅
論文名稱(中文):企業價值與品牌表現:淺談華碩與宏達電之十年經驗
論文名稱(外文):10-Year Branding Experience: A Case Study of ASUS and HTC
指導教授(中文):林哲群
口試委員(中文):楊屯山
張焯然
學位類別:碩士
校院名稱:國立清華大學
系所名稱:國際專業管理碩士班
學號:101077507
出版年(民國):103
畢業學年度:102
語文別:英文
論文頁數:50
中文關鍵詞:Taiwanese brandASUSHTCEV/EBITDA ratioBrand valueSecurity valuation
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Taiwan as a second mover in the global branding battleground, there must be numerous particular obstacles need to overcome. This study aims to compare enterprise performance before and after branding, targeting ASUS and HTC as the study cases.

After calculating the EV/EBITDA ratios of both companies since they has gone public, collecting brand values provided by Interbrand, and conducting security valuations by two models, the results show two different stories: a steady-growing and a risk-taking one, which are ASUS and HTC, respectively. Investing in innovation and branding might not get the pay-off in a short run; however, the earlier enterprises start, the more they can learn from it. Owing to the precious experiences provided by ASUS and HTC, if executives and investors change their mindset to the sustainable development, the branding future of Taiwan is worth waiting.
CHAPTER 1 INTRODUCTION
CHAPTER 2 LITERATURE REVIEW
2.1 Industrial Footprints in Taiwan
2.2 OEM, ODM and OBM
2.3 Postindustrial Possibilities and Manufacturing Servitization
2.4 Branding in Taiwan
CHAPTER 3 METHODOLOGY
3.1 Research Method
3.1.1 EV/EBITDA Ratio
3.1.2 Multiple Discriminant Analysis and Logit Analysis
3.1.3 Interbrand’s Multiplier Model
3.2 Research Process
CHAPTER 4 CASE STUDY AND COMPREHENSIVE DISCUSSION
4.1 Case Overview
4.1.1 ASUS
4.1.2 HTC
4.2 Enterprise Performance Before and After Branding
4.2.1 ASUS
4.2.2 HTC
CHAPTER 5 CONCLUSION
CHAPTER 6 REFERENCES
Arruñada, B., & Vázquez, X. (2006) When your contract manufacturer becomes your competitor. Harvard Business Review, 84(9), 135-144.
Banies, T., & Lightfoot, H. (2014) Servitization of the manufacturing firm. International Journal of Operations & Production Management, 34(1), 2-35.
Bennett, D. (2014) Future challenges for manufacturing. Journal of Manufacturing Technology Management, 25(1), 2-6.
Birnik, A., Birnik, A.K., & Sheth, J. (2010) The branding challenges of Asian manufacturing firms. Business Horizons, 53, 523-532.
Chu, W.W. (2009) Can Taiwan’s second movers upgrade via branding? Research Policy, 38, 1054-1065.
Jaffe, J., Jordan, B., Ross, S., & Westerfield, R. (2011) Core principles and applications of corporate finance: global edition. McGraw-Hill/Irwin.
Patel, K. (2011) America’s hottest brands; HTC. Advertising Age, 82, 49.
Penman, S. (2013) Financial statement analysis and security valuation, fifth edition. McGraw-Hill Education (Asia).
Salinas, G. (2009) The international brand valuation manual. John Wiley & Sons, Ltd.
Anonymous (2011) Business: Android alert; HTC’s patent problem. The Economist.
Anonymous (2012) The brand form nowhere; HTC. The Economist.
 
 
 
 
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