Chaoyang University of Technology

Exploring the importance of flexible manufacturing system performance variables for textile industries

Purpose Manufacturing firms in the textile sector face simultaneous pressure to enhance responsiveness, maintain quality, shorten lead times, and align production with sustainability expectations. In the current Industry 4.0/5.0 environment, flexible manufacturing systems (FMS) a...

Valuation, Profitability, and Subsequent Stock Returns: Firm Fixed-Effects Evidence from Taiwan

Abstract : This study examines whether valuation ratios and profitability are associated with subsequent-quarter stock returns in Taiwan. The analysis applies firm fixed-effects regressions with quarter fixed effects and firm-clustered standard errors. The results show that ROE i...