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題名：業務自由化對個別銀行利益與整體銀行系統穩定性之衝突
書刊名：兩岸金融季刊
作者：劉清標 引用關係
作者(外文)：Liu, Chin-piao
出版日期：2014
卷期：2:2
頁次：頁69-103
主題關鍵詞：業務多角化；系統風險；金融風暴；風險分攤；Activity diversification；Systematic risk；Financial crisis；Risk sharing
原始連結：連回原系統網址new window
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  • 被引用次數被引用次數:期刊(0) 博士論文(0) 專書(0) 專書論文(0)
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  • 共同引用共同引用:67
  • 點閱點閱:13
本研究實證業務多角化有利於個體銀行而不利於整體銀行系統之穩定性假說，資料來源為台 灣之上市銀行與金控公司。研究結果顯示業務多角化顯著增加個體銀行之資產報酬率，而在降低 銀行破產風險上則不顯著；另外，在整體銀行系統穩定性的影響方面，雖然業務多角化使銀行產 業內之風險連結程度顯著提高，然而，銀行整體產業之破產風險則顯著降低，並且銀行資產組合 之同質性亦未顯著提升而增加整體產業之系統風險，因此，這項衝突性假說基本上在台灣並未獲 得充分證據的支持。
This study empirically examines the hypothesis that activity diversification benefits individual banks but harms the stability of banking system using Taiwan bank data. The results indicate that activity diversification significantly increases the ROA of banks while the reduced bankruptcy risk is insignificant. As for the banking system stability, although the degree of risk-sharing of banking system increases with the degree of activity diversification, the crash risk of banking system significantly decreases. Moreover, we do not find significant increase in the homogeneity of bank portfolios, which raises the systematic risk of the whole system. Hence, there is no sufficient evidence to support the hypothesis.
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研究報告
1.Brunnermeier, M. K.、Dong, G. N.、Palia, D.(2012)。Banks Non-Interest Income and Systemic Risk。Princeton University。  new window
2.Deng, S.、Elyasiani, E.(2005)。Diversification and Performance of the US Commercial Banks。Temple University。  new window
3.Deng, S.、Elyasiani, E.、Mao, C.(2006)。Diversification and the Cost of Debt of Bank Holding Companies。Temple University。  new window
4.Markham, J. W.(2009)。The Subprime Crisis--A Test Match for the Bankers: Glass-Steagall vs. Gramm-Leach-Bliley。  new window
圖書
1.Jickling, M.(2009)。Causes of the Financial Crisis。Federal Publications。  new window
2.Radelet, S.、Sachs, J.(1998)。The Onset of the East Asian Financial Crisis。Harvard Institute for International Development, Harvard University。  new window
3.Stiroh, K. J.(2005)。A Portfolio View of Banking with Interest and Noninterest Assets。Mimeo：Federal Reverse Bank of New York。  new window
4.Saunders, Anthony、Walter, Ingo(1994)。Universal banking in the United States: What could we gain? What could we lose?。New York：Oxford University Press。  new window
5.Judge, George G.、Hill, R. Carter、Griffiths, William E.、Lutkepohl, Helmut、Lee, Tsoung-Chao(1982)。Introduction to the Theory and Practice of Econometrics。John Wiley and Sons。  new window
圖書論文
1.Wallison, P. J.(2009)。Deregulation and the Financial Crisis: Another Urban Myth。American Enterprise Institute Financial Services Outlook。  new window
 
 
 
 
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