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題名:銀行購併行為與經濟效率分析--兼論購併對象差異的影響
書刊名:臺灣銀行季刊
作者:廖振盛
出版日期:2004
卷期:55:4
頁次:頁1-25
主題關鍵詞:銀行購併經濟效率
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(5) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:4
  • 共同引用共同引用:125
  • 點閱點閱:7
自民國85年,銀行業即掀起了一股購併風潮,但大多數的購併案例都是為了配合財政部的政策下,所完成的救濟型合併案例。而在「金融機構合併法」立法完成後,一般預料將會掀起另一波購併風潮,銀行業的購併行為是有助於銀行日後的經營績效,目前仍然沒有一個肯定的答案,過去的相關研究也並未獲得一致的結論。 本文除了延續過去的研究方法外,並針對目標進行研究,本文實證結果顯示銀行購併目標以資產與產出規模較大的被購併銀行為宜,這個結果與Shawky et al.(1996)的結果並不一致,推論這可能是因為購併時間長短的影響;而在購併前後效率變化方面,由於統計量不顯著,因此購併行為並不能改善銀行效率;而在規模經濟與範疇經濟方面,各銀行皆存在規模經濟,但卻不存在範疇經濟;而在擴張路徑規模經濟部分(EPSCE),則由於各分組銀行統計量均不顯著,因此若以EPSCE=1來解釋,顯示各分組銀行處於最適生產規模(固定規模報酬),未來銀行即使擴張規模也不能夠增加規模經濟。 綜合上述,顯示銀行合併絕非銀行經營效率的保證,就本文的實證結果,顯示銀行購併並沒有明顯的改善經濟效率,而且當銀行規模擴充時,銀行規模經濟並不存在,呈現固定規模報酬。
期刊論文
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12.Altunbars, Y.、Molyoneux, P.、Thornton, J.(1997)。Big-Bank Merger in European: An Analysis of the Cost Implications。Economica,64,317-329。  new window
13.Ainger, D.、Lovell, K.、Schmidt, P.(1977)。Formulation and Estimation of Stochastic Frontier Product ion Models。Journal of Econometrics,6(1),21-37。  new window
14.Berger, A. N.、Hunter, W. C.、Timme, S. G.(1993)。Efficiency of Financial Institutions: A Review and Preview of Research Post Present and Future。Journal of Banking & Finance,17,221-249。  new window
15.Berger, A. N.(1993)。"Distribution-free" Estimates of Efficiency in the U. S. Banking Industry and Tests of the Standard Distributional Assumptions。Journal of Productivity Analysis,4(3),261-292。  new window
16.Berger, A. N.、Hanweck, G. A.、Humphrey, D. B.(1987)。Competitive Viability in Banking: Scale, Scope, and Product Mix Economics。Journal of Monetary Economies,20,501-520。  new window
17.Hunter, W. C.、Timme, S. G.、Yang, W. K.(1990)。An Examination of Cost Subsadditivity and Multiproduct Production in Large U. S. Banks。Journal of Banking & Finance,22(4),504-525。  new window
18.Hannan, T. H.、Rhoades, S. A.、Stephen, A. R.(1987)。Acquisition Targets and Motives: The Case of the Banking Industry。Review of Economics and Statistics,69(1),67-74。  new window
19.Jagtiani, Julapa、Khanthavit, Anya(1996)。Scale and Scope Economies at Large Banks: Including Off-Balance Sheet Products and Regulatory Effects (1984-1991)。Journal of Banking & Finance,20(7),1271-1287。  new window
20.Palia, D.(1993)。The Managerial, Reulatory, and Financial Determinants of Bank Merger Premiums。Journal of Industrial Economics,91-102。  new window
21.Shawky, H. A.、Carsten, T. K.、Staas, F. W.(1996)。Determinants of Bank Merger Premiums。Journal of Economics & Finance,20(1),117-131。  new window
22.Smith, D.(1971)。The Performance of Merging Banks。Journal of Business,44(2),182-192。  new window
23.Rhoades, S. A.(1998)。The Efficiency Effects of Bank Merger: An Overview of Case Studies Nine Merger。Journal of Banking and Finance,22,273-291。  new window
24.Zellner, A.(1962)。An Efficient Method of Estimating Seemingly Unrelated Regressions and Text of Aggregation Bias。Journal of the American Statistical Association,57,348-368。  new window
25.Benston, George J.、Hanweck, Gerald A.、Humphrey, David B.(1982)。Scale economies in banking: A restructuring and reassessment。Journal of Money, Credit and Banking,14(4),435-456。  new window
26.黃介良、陳美菁(19990600)。基層金融機構合併之效益分析。管理學報,16(2),315-348。new window  延伸查詢new window
27.歐陽遠芬、陳碧綉(20010900)。銀行的購併與經營績效--規模經濟、範疇經濟與效率之分析。臺灣銀行季刊,52(3),1-18。new window  延伸查詢new window
28.鄭秀玲、陳欽奇、劉錦添(19970300)。臺灣中小企銀體系的成本結構及生產力實證分析。經濟論文叢刊,25(1),45-72。new window  延伸查詢new window
29.黃台心(19980600)。以隨機成本邊界函數分析本國銀行的規模與多元經濟。經濟論文叢刊,26(2),209-241。new window  延伸查詢new window
30.Garden, Kaylee A.、Ralston, Deborah E.(1999)。The X-efficiency and Allocative Efficiency Effects of Credit Union Mergers。Journal of International Financial Markets, Institutions and Money,9(3),285-301。  new window
31.黃台心(19970300)。臺灣地區本國銀行成本效率之實證研究--隨機邊界模型之應用。人文及社會科學集刊,9(1),85-123。new window  延伸查詢new window
學位論文
1.陳碧紅(1999)。銀行產業合併之趨勢~台灣銀行業實證(碩士論文)。逢甲大學。  延伸查詢new window
2.廖振盛(2003)。銀行購併行為與成本效率分析--臺灣銀行業實證分析(碩士論文)。佛光人文社會學院。  延伸查詢new window
3.王美惠(2002)。台灣銀行業經濟效率與規模經濟分析--參數法與無參數法之比較(博士論文)。淡江大學。new window  延伸查詢new window
圖書
1.Waldman, D. E.、Jensen, E. J.(2001)。Industrial Organization: Theory & Practice。Boston, MA:Addison Wesley Longman, Inc.。  new window
2.Carlton, Dennis W.、Perloff, Jeffrey M.(2000)。Modern Industrial Organization。New York:Addison-Wesley Publishing Company。  new window
3.Varian, H. R.(1992)。Microeconomic Analysis。Norton。  new window
4.Shepherd, W. G.(1997)。The Economics Industrial Organization。Prentice-Hall Press。  new window
圖書論文
1.Panzar, J. C.(1989)。Technological Dereminants of Firm and Indus try Structure。Handbook of Industrial Organization。Amsterdam, North-Holland。  new window
2.Ravenscraft、Scherer(1980)。Mergers, Sell-offs, and Economic Efficiency。The Determinants and Effects of Mergers。Cambridge, Mass:Oelgeschlager, Gunn & Hain。  new window
 
 
 
 
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