Power-to-gas (PtG), a technology that converts electricity into hydrogen, is expected to become a core component of future low-carbon energy systems. While its economics and performance as a sector coupling technique have been well studied in the context of perfectly competitive energy markets,...

Purpose – This paper examines the effect of family ownership on the payment method of mergers and acquisitions (M&A) deals. It also investigates the market reaction around the announcement of these M&A deals.Design/methodology/approach – Archival data of M&A deals of a sample of Taiwanese...

We have studied the relationship between Receiver Operating Characteristics (ROC) and Precision-Recall Curve (PRC) both analytically and using a real-life empirical example of yield spread as a predictor of recessions. We show that false alarm rate in ROC and inverted precision in PRC are...

The Taiwan government relaxed the liquidation exemption rule for one oil ETF when this ETF faced delisting in the oil price crisis of 2020 due to COVID-19. However, this event attracted even more investors to purchase this ETF, and such strong demand increased its issue size and premium to...

This study examines the association between corporate social responsibility (CSR) activities and the acquirer’s short- and long-term performances after the merger announcement in Taiwan. We use CEO compensation and the firm’s free cash flow as the proxies for CEO self-confidence. We find...

Unequal pay has become a global threat to meeting the United Nations’ sustainability goals. Taiwan has been making efforts to eliminate the pay disparity between executives and employees by requiring Taiwan-listed firms to disclose the prior year’s average non-executive employee...

The study's aim is to investigate how FinTech users' perceived risk influences their continuance intention to use FinTech services. The new model, which was based on the Expectation Confirmation Model, was created to achieve the study's aim. The Partial Least Square Structural Equation Model was...

In 2022, around 90% of the entire population in Taiwan are active social media users. Although several studies have examined the emotion changes among social media users in Taiwan, the problem of endogeneity stemming from reverse causality was not recognized and properly addressed. Therefore,...

This study attempts to address the question under what conditions political ties buffer firms from, or bind firms to, political pressure. We draw attention to the institutional divide between the executive and legislative branches of a presidential democracy. Using the case of Taiwan, a “third...

We investigate the deterrence effects of a firm-targeted sanction and a politician-targeted sanction deployed by Mainland China against Taiwan to deter support for “Taiwan Independence”. In the short-run, we find that the signal sent by the targeted sanctions generated deterrence to firms...

We have studied the relationship between Receiver Operating Characteristics (ROC) and Precision Recall Curve (PRC) both analytically and using a real-life empirical example of yield spread as a predictor of recessions. We show that false alarm rate in ROC and inverted precision in PRC are...

We examine incentive compatibility of various school choice mechanisms as measured by the number of manipulating students. We find that Boston with Skips Mechanism, Secure Boston Mechanism, and Chinese Mechanism may have more manipulating students than Boston Mechanism. Similarly, Taiwan...

Using the difference-in-difference method, this study uses Typhoon Morakot, which occurred in August 2009, as an example to estimate the effect of flooding on health care cost burden. The main data source is the medical claims records of a cohort of three million patients in Taiwan’s National...

The recent U.S.-China strategic competition has further increased the risk and uncertainty of the Taiwan issue. In addition, with the outbreak of the Russia-Ukraine War, the international community's concern about the Taiwan Strait has grown, and the strategic value of Taiwan is rising even more...

Renewable Energy Certificate (REC) has been considered as an innovative technology for a green society. Many firms look to reduce carbon emissions and improve their environmental, social, and governance (ESG) performance using REC. However, the impact of REC purchases on the value of firms...

Since the start of the Ukraine war, the tectonic movements in global geopolitics that former US president Donald Trump initiated with his economic crusade against China have acquired a dizzying speed. For one thing, his successor President Joe Biden has managed to bring together nations in the...

We have studied the relationship between Receiver Operating Characteristics (ROC) and Precision-Recall Curve (PRC) both analytically and using a real-life empirical example of yield spread as a predictor of recessions. We show that false alarm rate in ROC and inverted precision in PRC are...

For decades, the debate on using DDT to control malaria has focused on the balance between immediate public health gains and ecological costs, ignoring DDT's long-term harmful effects on humans. Using data from the large-scale indoor residual spraying of DDT that took place in Taiwan in the...

Seit 2020 die Indo-Pazifik-Leitlinien der Bundesregierung veröffentlicht wurden, hat die deutsche Politik wichtige Fortschritte dabei erzielt, die Beziehungen mit bestehenden und neuen Partnern in der indopazifischen Region zu vertiefen. Der diesjährige Fortschrittsbericht zu den Leitlinien...

While the world's attention is focused on Russia's war against Ukraine and the intensifying conflict between the US and China, the security situation on the Korean Peninsula has continued to deteriorate. North Korea is steadily advancing the expansion of its military capabilities and recently...

Previous research has identified a distinctive East Asian model of income protection for disadvantaged children. In the wealthier East Asian societies, relative poverty rates are similar or lower than those in many Western European societies, but income transfers are low and market incomes...

For decades, the debate on using DDT to control malaria has focused on the balance between immediate public health gains and ecological costs, ignoring DDT's long-term harmful effects on humans. Using data from the large-scale indoor residual spraying of DDT that took place in Taiwan in the...

With the aim of comparing the influence of economic benefits with social benefits in the model of integrating customer benefits and relationship quality in the context of university-enterprise relationship research in Ho Chi Minh City (HCMC), Vietnam. From the perspective of enterprises, a study...

This study explores the characteristics that influence the success factors of accounting firms in the introduction of a RPA system. The RPA system success factors used in this paper are based on the measurements of the Technology Acceptance Model (TAM) and the Information System Success Model...

The main purpose of this study is to explore the determinants of average household consumption spending in counties and cities from the two aspects of government fiscal expenditure and household characteristics. A spatial econometric model, the spatial Durbin model, was used to analyze...

While the world’s attention is focused on Russia’s war against Ukraine and the inten­sifying conflict between the US and China, the security situation on the Korean Peninsula has continued to deteriorate. North Korea is steadily advancing the expansion of its military capabilities and...

Europe's trade policy is heading for a sea change. But it is not Putin’s war of aggression against Ukraine that is the main reason for this development. Rather, there are long-term influencing factors at work here: the WTO-centred multilateral trade order is visibly eroding. Protectionism is...

Seit 2020 die Indo-Pazifik-Leitlinien der Bundesregierung veröffentlicht wurden, hat die deutsche Politik wichtige Fortschritte dabei erzielt, die Beziehungen mit bestehenden und neuen Partnern in der indopazifischen Region zu vertiefen. Der diesjährige Fortschrittsbericht zu den Leitlinien...

In response to relatively little evidence on the determinants of the financial distress in cooperative financial institutions (e.g., Credit Unions), this paper proposes a distress indicator of Merton Distance to default (Merton DD), which was constructed with a z-score, possessed improved...

This study explores the effect of corporate governance on financial innovation and the effect of financial innovation on performance in Taiwan's banking industry from 2011 to 2019. The results find that the banks have higher shareholding of institutional investors, ratio of independent...

This study investigates the evolution of electricity consumption across residential and industrial sectors in Taiwan. By applying the dynamic factor model, we classify the fluctuations in electricity consumption into aggregate, regional, and individual factors, which sheds light on the latent...

The purpose of this work is to explore the international humanitarian relief organizations in Taiwan, and find the most crucial performance indicators of humanitarian logistics, according to the experience and opinion of those large NGOs in Taiwan. The research gathered detailed information on...

Most of the growth forecasts in analysts' evaluation reports rely on human judgment, which leads to the occurrence of bias. A back-propagation neural network (BPNN) is a financial technique that learns a multi-layer feedforward network. This study aims to integrate BPNN and asset pricing models...