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題名:臺灣金融控股組織對銀行效率之影響
書刊名:臺灣管理學刊
作者:朱炫璉 引用關係吳志銘
作者(外文):Chu, Hsuan-lienWu, Chih-ming
出版日期:2009
卷期:9:1
頁次:頁97-114
主題關鍵詞:金控組織兩階段估計方法資料包絡分析法Financial holding companyTwo-stage estimation methodsData envelopment analysis
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(6) 博士論文(1) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:6
  • 共同引用共同引用:107
  • 點閱點閱:117
本研究主要探討加入金控組織對銀行效率之影響,然而過去文獻指出選擇加入金控組織的銀行通常具備某些特性,為避免加入金控組織變數的內生性問題影響實證估計的結果,我們利用兩階段估計方法(two-stage estimation methods)檢驗加入金控組織對銀行效率之影響。本研究之實證結果顯示,目前金控組織對銀行的經營效率為顯著的負相關,推論其原因可能為金控銀行因併購所產生的組織複雜化,導致難以控制的代理成本等問題,致使其相對於非金控銀行並未有較優異之效率表現。此外,本研究另以銀行員工產值替代DEA效率值及考慮銀行加入金控存續期間對本實證模型進行敏感性分析。結果顯示加入金控對員工產值有正向的顯著影響;而考慮銀行加入金控存續期間後,結果指出加入金融控股組織對銀行的相對效率值仍為顯著負相關。
The objective of the study is to examine the impact of joining Financial Holding Company (FHC) on bank efficiency. We account for the endogeneity of joining FHC and use the two-stage method to examine the effect of joining FHC. Our results suggest that banks joining FHC are on average less efficient than banks without joining FHC. It indicates that the consolidation may increase organization’s complexity and agency costs. Therefore, banks joining FHC are not more efficient. In addition, we also conducted several sensitivity tests. First, the labor productivity was used to measure the bank performance instead of efficiency. We found that banks joining FHC have higher labor productivity than banks without joining FHC. Second, we also incorporate duration of joining FHC in the model. The results still indicated that banks joining FHC are less efficient than banks without joining FHC.
期刊論文
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78.吳建良(2005)。資本適足率與逾期放款率對銀行財務績效之影響。台灣銀行季刊,56(2),1-27。new window  延伸查詢new window
79.邱永和、黃素珍(2003)。財務金融風險管理系列(4)--考慮風險下之銀行績效評估:DEA模式之應用。會計研究月刊,216,130-138。  延伸查詢new window
80.Ashton, J.K.(2001)。Cost efficiency characteristics of British retail banks。The Services Industries Journal,21(2),159-174。  new window
81.Benston, G. J.、Hunter, W. C.、William, L. D.(1995)。Motivations for Bank Mergers and Acquisitions: Enhancing the Deposit Insurance Put Option versus Earnings Diversification。Journal of Money,27(3),777-788。  new window
82.Casu, B.、Molyneux, P.(2003)。A comparative study of efficiency in European banking。Applied Economics,34,1865-1876。  new window
83.Chang, T.A.C.、Chiu, Y.H.(2006)。Affecting Factors on Risk-Adjusted Efficiency in Taiwan's Banking Industry。Contemporary Economic Policy,24(4),634-648。  new window
84.Chen, Y.、Motiwalla, L.、Khan, M. R.(2004)。Using wuper-efficiency DEA to evaluate financial performance of e-business initiative in the retail industry。International Journal of Information Technology & Decision Making,3(2),337-351。  new window
85.Dogan, E.、Fausten, D.K.(2003)。Productivity and Technical Change in Malaysian Banking : 1989-1998。Asia-Pacific Financial Markets,10,205-237。  new window
86.Frieder, L. A.、Anilado, V. P.(1983)。Bank holding company expansion: A refocus on its financial rationale。The Journal of Financial Research,6(1),67-81。  new window
87.Chang, H.H.(1998)。Determinants of Hospital Efficiency: the Case of Central Government -owned Hospitals in Taiwan。Omega-International Journal of Management Science,26,307-317。  new window
88.Chu, H.L.、Liu, S. Z.、Romeis, J. C.(2004)。Does Capitated Contracting Improve Efficiency? Evidence from California Hospitals。Health Care Management Review,29(4),344-352。  new window
89.Chu, H.L、Liu, S.Z.(2008)。The Impact of Manager Promotion Programs on Store Performance: Evidence from 3C Chain Stores in Taiwan。The Service Industries Journal,1215-1224。  new window
90.Krishnasamy, G.、Ridzwa, A.H.、Perumal, V.(2004)。Malaysian Post Merger Banks’Productivity: Application of Malmquist Productivity Index。Managerial Finance,30(4),63-74。  new window
91.Leong, W.、Dollery, B.(2004)。The Productive Efficiency Of Singapore Banks: An Application And Extension Of The Barr Et A1 (1999) Approach。The Singapore Economic Review,49(2),273-290。  new window
92.Lin, P. W.(2005)。An Empirical Analysis of Bank Mergers and Cost Efficiency in Taiwan。Small Business Economics,25,197-206。  new window
93.Rose, P. S.(1999)。Diversification in Interstate Banking: The Search for Related Performance Profiles Between Acquiring and Acquired Banking Firms Expanding Across State Lines。Managerial Finance,25(7),66-85。  new window
94.Salama, A.、Holland, W.、Vinten, G.(2003)。Challenges and opportunities in mergers and acquisitions: three international case studies-- Deutsche Bank-Bankers Trust; British Petroleum-Amoco; Ford-Volvo。Journal of European Industrial Training,27(6/7),313-321。  new window
95.Sanjeev, G. M.(2006)。Does Bank's Size Matter In India。Journal of Services Research,6(2),135-144。  new window
96.Slusky, A.、Caves, R.(1991)。Synergy, agency, and the determinants of premia paid in mergers。The Journal of Industrial Economics,39,277-296。  new window
97.Sufian, F.、Majid, M.Z. Abdul(2007)。x-efficiency and share prices in the SINGAPOREAN banking sector: a DEA window analysis approache。Investment Management & Financial Innovations,4(1),73-90。  new window
98.Wheelock, D.C.、Wilson, P.W.(1995)。Evaluating the efficiency of commercial banks: Does our view of what banks do matter?。Review-Federal Reserve Bank of St,77(4),39-52。  new window
99.Worthington, A. C.(2001)。Efficiency in pre-merger and post-merger non-bank financial institutions。Managerial and Decision Economics,22(8),439-452。  new window
會議論文
1.陳曉蓉與丁育唯(2006)。「從台灣銀行業購併案例看分行價值之重要性」。  延伸查詢new window
2.陳曉蓉、丁育唯(2006)。從台灣銀行業購併案例看分行價值之重要性。  延伸查詢new window
研究報告
1.Davis, E. and H. Zhu,(2005)。“Commercial property prices and bank performance,”。  new window
2.Pasiouras, F.,(2006)。“Estimating the Technical and Scale Efficiency of GreekCommercial Banks: The Impact of Credit Risk, Off-Balance Sheet Activities,and International Operations,”。  new window
3.Rhoades, S.A.,(1994)。“A summary of merger performance studies in banking1980-93, and an assessment of the “Operating Performance” and “EventStudy” methodologies,”。  new window
4.Pasiouras, F.(2006)。Estimating the Technical and Scale Efficiency of Greek Commercial Banks: The Impact of Credit Risk, Off-Balance Sheet Activities, and International Operations。  new window
5.Davis, E.、Zhu, H.(2005)。Commercial property prices and bank performance。  new window
學位論文
1.陳世欣(2005)。金控銀行之併購行為及影響(碩士論文)。國立中正大學。  延伸查詢new window
圖書
1.Freixas, X.、Rochet, J.-C.(1997)。Microeconomics of Banking。Cambridge, MA:MIT Press。  new window
2.Stemper, R. G.,(1990)。“The guide to successful consumer banking strategy,”。New York:John Wiley & Sons, Chichester。  new window
3.Maddala, G. S.(1983)。Limited-dependent and Qualitative Variables in Econometics。Cambridge University Press。  new window
4.Rhoades, S. A.(1994)。A summary of merger performance studies in banking, 1980-93, and an assessment of the "Operating Performance" and "Event Study" methodologies。Washington, DC:Board of Governors of the Federal Reserve System。  new window
5.Rose, P. S.(1989)。The interstate banking revolution: Benefits, risks, and tradeoffs for bankers and consumers。New York。  new window
 
 
 
 
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