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研究生:張君儀
研究生(外文):Jun-Yi Chang
論文名稱:金控前後臺灣銀行業經營效率之研究
論文名稱(外文):A Study on the Operating Efficiency of the Banking Industries in Taiwan before and after Establishment of Financial Holding Company
指導教授:吳榮振吳榮振引用關係
指導教授(外文):Roung-Jen WU
學位類別:碩士
校院名稱:國立雲林科技大學
系所名稱:財務金融系碩士班
學門:商業及管理學門
學類:財務金融學類
論文種類:學術論文
論文出版年:2004
畢業學年度:92
語文別:中文
論文頁數:67
中文關鍵詞:資料包絡分析法.隨機邊界分析法利潤效率成本效率金融控股公司
外文關鍵詞:cost efficiencystochastic frontier approach(SFA)Financial holding companydata envelope analysis(DEA)profit efficiency
相關次數:
  • 被引用被引用:8
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本論文主要研究目的旨在探討臺灣金控公司成立前後,銀行業經營效率之變化。考慮從中介法設立成本函數與利潤函數,並分別採用資料包絡分析法(DEA)及隨機邊界分析法(SFA)估計經營效率。資料係採金控公司所屬十四家子銀行的財務報表,資料期間為民國八十八年至九十二年,以民國九十一年為基期,衡量金控公司合併前三年與合併後二年的經營效率之變化。
實證結果發現如下:(1)從各銀行時間數列資料分析,若由DEA衡量得到的成本效率,比較金控公司合併前後,14家中約有7家成本效率稍有改善,但根據Mann-Whitney檢定及t檢定的結果,在一定合理的統計水準之下,整體金控公司成本效率的皆不顯著。若由SFA衡量得到的利潤效率,金控公司合併前後,在10%truncation下,14家中約有6家利潤效率稍有改善,但在一定合理的統計水準之下,整體金控公司成本效率的也皆不顯著。(2)從panel data分析,無論由DEA衡量得到的成本效率或由SFA衡量得到的利潤效率,比較金控公司合併前後,在一定合理的統計水準之下,整體金控公司成本效率的皆不顯著。
This main purpose of this thesis is to study whether the establishment of financial holding company establishment in Taiwan has changed the operating efficiency of its banking industry or not. Under consideration of intermediation approach, a cost function and a profit function are used and data envelope analysis(DEA) and stochastic frontier approach(SFA) respectively are adopted to measure operating efficiency. Data is from financial statements of subordinated banks of the 14 financial holding companies from 1999 to 2003. In addition, we compare difference of the operating efficiency before and after the establishment of financial holding company, i.e., 1999-2001 vs. 2002-2003.
The following empirical results are found. (1)According to analysis of individual bank time series data, cost efficiency measurement by DEA shows only seven banks of 14 banks is a little improved. But the change in cost efficiency measurement for all 14 banks is not significant under 95% or even 90% significance level. In addition, profit efficiency measurement by SFA with 10 % truncation shows only six banks of 14 banks is a little improved. However, the change in profit efficiency measurement for all 14 banks is not significant under 95% or even 90% significance level. (2) According to analysis of panel data, the changes in efficiency measurements, no matter what cost efficiency by DEA or profit efficiency by SFA is, are not significant under 95% or even 90% significance level.
目 錄
中文摘要---------------------------------------------------------------------------------- i
英文摘要---------------------------------------------------------------------------------- ii
致謝---------------------------------------------------------------------------------------- iii
目錄---------------------------------------------------------------------------------------- iv
表目錄------------------------------------------------------------------------------------- vi
圖目錄------------------------------------------------------------------------------------- vii
第一章 緒論---------------------------------------------------------------------------- 1
1.1 研究背景與動機----------------------------------------------------------- 1
1.2 研究目的-------------------------------------------------------------------- 5
1.3 研究架構-------------------------------------------------------------------- 6
1.4 研究流程-------------------------------------------------------------------- 7
第二章 文獻探討---------------------------------------------------------------------- 8
2.1 國外文獻-------------------------------------------------------------------- 8
2.2 國內文獻-------------------------------------------------------------------- 16
第三章 研究模型---------------------------------------------------------------------- 30
3.1 研究模型-------------------------------------------------------------------- 31
3.1.1 成本函數------------------------------------------------------------------ 31
3.1.2 利潤函數------------------------------------------------------------------ 32
3.2 效率測量方法-------------------------------------------------------------- 34
3.2.1 DEA成本效率------------------------------------------------------------ 34
3.2.2 SFA利潤效率------------------------------------------------------------ 35
3.3 投入與產出變數的選擇-------------------------------------------------- 35
第四章 實證結果------------------------------------------------------------------------ 38
4.1 研究資料-------------------------------------------------------------------- 38
4.2 研究變數之敘述性統計-------------------------------------------------- 41
4.3 成本與利潤效率之實證結果:時間數列資料------------------------ 45
4.3.1成本效率實證結果------------------------------------------------------- 45
4.3.2利潤效率實證結果------------------------------------------------------- 47
4.4 成本與利潤效率之實證結果:Panel data ----------------------------- 51
4.3.3綜合比較分析------------------------------------------------------------- 58
第五章 結論與建議--------------------------------------------------------------------- 59
5.1 結論-------------------------------------------------------------------------- 59
5.2 建議-------------------------------------------------------------------------- 61
參考文獻---------------------------------------------------------------------------------- 62

表 目 錄
表2-1 國外銀行整合、合併對經營效率影響之文獻彙整表--------------------- 21
表2-2 國內銀行整合、合併對經營效率影響之文獻彙整表--------------------- 27
表3-1 銀行投入與產出變數定義及說明表---------------------------------------- 37
表4-1 我國金融控股公司設立情形表---------------------------------------------- 39
表4-2 樣本銀行及所屬金融控股公司整理表------------------------------------- 40
表4-3 各變數之敘述性統計資料表------------------------------------------------- 43
表4-4 樣本銀行各年度之DEA成本效率值--------------------------------------- 46
表4-5 樣本銀行各年度之SFA利潤效率值---------------------------------------- 49
表4-6 樣本銀行各年度之平均利潤效率與成本效率---------------------------- 52
表4-7 樣本銀行整合、合併前後利潤效率與成本效率之改善情形表--------- 54
表4-8 樣本銀行合併前三年及後二年平均利潤效率與成本效率表---------- 56
表4-9 全體樣本銀行中位數檢定(Mann-Whitney)-------------------------------- 56
表4-10 全體樣本銀行平均數檢定(t檢定)----------------------------------------- 57
表4-11 Panel data測量之合併前後平均利潤效率與成本效率表 ----------- 58

圖 目 錄
圖1-1研究流程圖----------------------------------------------------------------------- 7
參考文獻
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二、中文部分
江婕寧 (2003)“美國金融控股公司與非金融控股公司經營績效之比較─DEA之應用”台灣大學國家發展研究所碩士論文
林炳文 (2002)“臺灣地區商業銀行合併效率性之分析:資料包絡分析法之應用 ”台灣管理學刊,第1卷,第2期,頁341-356.
林炳文 (2001)“台灣地區商業銀行合併效率性之分析 ”風險管理學報,第3卷,第1期,頁1-21.
姚叔娟 (2001)“臺灣銀行業水平購併的效率效果”朝陽科技大學財務金融系碩士論文
紀台英 (2003)“金融控股公司經營效率評估之研究─以本國上市(櫃)金控公司為例”中原大學管理研究所碩士論文
許嘉玲 (2003)“銀行合併後效率分析之檢定”逢甲大學經濟學系碩士班碩士論文
曾瑞雯 (2001)“銀行購併前後經營管理績效的比較”中國文化大學經濟學研究所碩士論文
梁志豪 (2001)“以DEA模型評估本國銀行經營與規模績效之研究”清華大學經濟研究所碩士論文
陳坤仁 (2002)“台灣地區本國銀行與外商銀行經營效率之評估”東吳大學經濟學系碩士班碩士論文
陳青穗 (2003)“隨機性邊界成本函數法之應用與修正─台灣金融機構之效率分析”私立東海大學經濟系碩士班碩士論文
黃台心 (1997)“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,第9卷,第1期,頁85-123.
賴勇賓 (2002)“台灣農會信用部之成本效率分析”逢甲大學經濟學系碩士班碩士論文
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