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臺灣存託憑證投資與營運績效之研究

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Figure 1     The Framework of this Study ............................................................................
Table  5 summarizes the listing and delisting of TDRs since 1998, and it can be clearly  seen that deregulation of this market attracted more offshore Taiwanese enterprises and  foreign companies to issue TDRs
Table 7 summarizes the sample selection procedure.  For the period 1997-2012 there  are 271 observations with financial and stock returns merged data available on the TEJ,  corresponding to 37 distinct TDR firms
TABLE 7  Sample Selection  Criterion  Number of Firm  Years  Number of Distinct Firms  Preliminary merged TDRs with financial and stock
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