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題名:臺灣金融保險產業上市公司整併效應之模擬研究--資料包絡分析策略矩陣之應用
書刊名:評價學報
作者:陳新民 引用關係謝志光 引用關係
作者(外文):Chen, Hsin-minHsieh, Chih-kuang
出版日期:2015
卷期:9
頁次:頁21-43
主題關鍵詞:資料包絡分析策略矩陣金融保險產業整併模擬Data envelopment analysis strategic matrixFinancial and Insurance IndustriesConsolidation simulation
原始連結:連回原系統網址new window
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臺灣地區金融保險產業持續改革的現階段重點之一仍是經由整併業者以擴大營運規模(大型化)、提升國際競爭力(國際化),以及接軌國際金融環境(自由化)。然而,金融保險業者整併的成敗對總體經濟的影響相對敏感與複雜,為鼓勵業者整併,除政府法規完備外,更有賴實用的分析工具以啟起業者的整併動機。因此,本研究乃擴展資料包絡分析策略矩陣(Data Envelopment Analysis Strategic Matrix, DEASM)的應用範疇,提供業者以市場公開的資訊即能模擬整併效應的分析工具。本研究以DEASM整合經營效率與獲利能力兩項指標,將業者分別定位為標竿者、潛能者、爭議者,以及待汰者等四群。具有整併動機或需求的業者可於整併前先依群別預擬整併的對象,再分析模擬整併後的內、外部效應,篩選整併對象。為說明整併模擬的程序與分析,文中並以2011年臺灣金融保險產業35家上市公司中,DEASM定位未達標竿的公司為例,說明分別與12家定位不同的公司模擬整併後之DEASM定位變化,並比較分析與不同公司整併所可能造成之參與整併公司的內部效應以及非參與整併公司的外部效應。模擬的結果可做為公司選擇最適整併對象的決策參考,亦可供政府制定、推動金融保險機構整併政策或審查核定 整併案的參考依據之一。
Encouraging businesses consolidation to expand, internationalize, and deregulate has been constantly emphasized for the financial reform in Taiwan. However, the consolidation of finance and insurance businesses will impact on the overall economy more sensitively and intricately. Motivations of businesses consolidation not only comprehensive regulation but also useful analysis tools are necessary. For providing businesses a simulate procedure with public market information to obtain effects of consolidation, the data envelopment analysis strategy matrix (DEASM) is introduced in this study. DEASM is used to integrate the relative performance indicator, operating efficiency, and the absolute performance indicators, profitability such as earnings per share or benefit-cost ratio. In a DEASM, each business can be positioned as benchmarks, underperforming potential stars, problem branches, or candidates for divestiture. Any business can filter every candidate for consolidation on the basis of the internal and external effects obtained by the simulation approach. Our procedure is illustrated with data of year 2011 for 35 financial and insurance companies listed in Taiwan. A company with disadvantage position in DEASM has been chosen as case study. The chosen company is simulated to consolidate 12 companies, respectively, whose positions are different in DEASM. Effects of internalities in consolidated companies and externalities in the other nonconsolidated companies can be obtained by each consolidated simulation case and can be compared among each other. The results of comparison can be used as a decision guideline for the company to choose the most suitable one to consolidate, also can be used as an advising for the government to develop the policies for promoting and/or approving the consolidation among financial and insurance institutions.
期刊論文
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3.梁連文、李桐豪、黃博怡(20101200)。臺灣銀行業整併之探討--模糊德菲法之應用。臺灣金融財務季刊,11(4),31-65。new window  延伸查詢new window
4.劉定焜、尤雅慧(20091200)。臺灣金融產業購併動機與購併後綜效之實證研究。臺灣銀行季刊,60(4),19-45。new window  延伸查詢new window
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7.陳富強、馮淑琴、方顯光(20110900)。探討臺灣地區本國銀行獲利能力與市場能力--二階段DEA。華人經濟研究,9(2),33-52。new window  延伸查詢new window
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12.Paradi, J. C.、Zhu, H.(2013)。A Survey on Bank Branch Efficiency and Performance Research with Data Envelopment Analysis。Omega,41(1),61-79。  new window
13.何依倫、林俊岳(20120300)。金融海嘯後臺灣上市金融控股公司之經營效率評估--應用四階段DEA。文大商管學報,17(1),43-64。new window  延伸查詢new window
14.林尚平、羅旭華、許書銘(20111000)。組織條件與購併後組織管理之構形關係:以臺灣金融產業為例。管理評論,30(4),63-95。new window  延伸查詢new window
15.林淑玲、龔尚智(20061200)。金融業購併與金控公司成立前後之效率與影響因素比較。績效與策略研究,3(2),11-29。new window  延伸查詢new window
16.陳永琦(20061200)。不完全競爭市場下本國多產出銀行業合併之成本效益分析。臺大管理論叢,17(1),137-165。new window  延伸查詢new window
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研究報告
1.周林毅(2013)。提升我國銀行競爭力之研究。財團法人臺灣綜合研究院。  延伸查詢new window
學位論文
1.翁晟瑜(2012)。網路資料包絡分析法應用於台灣金融控股公司經營績效之研究(碩士論文)。國立宜蘭大學。  延伸查詢new window
2.陳文一(2012)。以資料包絡分析法評量台灣地區綜合證券商經營績效(碩士論文)。中原大學。  延伸查詢new window
3.陳柏韶(2011)。台灣金融控股公司績效評估--DEA之應用(碩士論文)。元智大學。  延伸查詢new window
4.陳冠中(2011)。從績效評估探討銀行產業之風險效率衡量--DEA模型之應用(博士論文)。東海大學。  延伸查詢new window
5.黃世旻(2012)。應用逐步包絡法估計我國壽險業經營效率(碩士論文)。國立彰化師範大學。  延伸查詢new window
6.黃惠鈴(2012)。台灣金控公司旗下銀行部門之經營績效評估--以兩階段資料包絡法分析(碩士論文)。國立屏東商業技術學院。  延伸查詢new window
7.楊淑涵(2011)。台灣商業銀行經營績效之分析--資料包絡分析法之應用(碩士論文)。朝陽科技大學。  延伸查詢new window
8.王冠琁(2000)。臺灣的銀行購併因素之研究(碩士論文)。國立臺灣大學。  延伸查詢new window
9.郭永澍(2012)。台灣與大陸證券公司績效評估--應用共同邊界(碩士論文)。東吳大學。  延伸查詢new window
10.郭依婷(2012)。臺灣本國金控銀行經營績效之實證研究(碩士論文)。世新大學。  延伸查詢new window
11.黃逸定(2004)。台灣金融業被購併公司特徵研究(碩士論文)。東吳大學。  延伸查詢new window
12.林怡華(2012)。投資型保險商品對壽險業經營績效之影響--應用資料包絡分析法(碩士論文)。國立臺北大學。  延伸查詢new window
13.傅珮珮(2011)。台灣壽險公司經營效率之研究--資料包絡分析法之應用(碩士論文)。國立雲林科技大學。  延伸查詢new window
圖書
1.Fitzsimmons, J. A.、Fitzsimmons, M. J.(2006)。Service management: Operations,strategy,information technology。New York:The McGraw-Hill Companies, Inc.。  new window
2.薄喬萍(2007)。績效評估之資料包絡分析法。台北:五南圖書。  延伸查詢new window
3.高強、黃旭男、末吉俊幸(2003)。管理績效評估:資料包絡分析法。臺北:華泰文化。new window  延伸查詢new window
 
 
 
 
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