跳到主要內容

臺灣博碩士論文加值系統

(44.213.63.130) 您好!臺灣時間:2023/02/01 02:08
字體大小: 字級放大   字級縮小   預設字形  
回查詢結果 :::

詳目顯示

我願授權國圖
: 
twitterline
研究生:洪婉淇
研究生(外文):Wan-chi Hung
論文名稱:董事會特性與銀行風險承擔之關聯性
論文名稱(外文):The Relationship between Board Characteristics and Bank Risk Taking
指導教授:陳香蘭陳香蘭引用關係
指導教授(外文):Hsiang-Lan Chen
學位類別:碩士
校院名稱:國立高雄第一科技大學
系所名稱:財務管理研究所
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:2012
畢業學年度:100
語文別:中文
論文頁數:57
中文關鍵詞:董事會特性資本適足率銀行風險承擔
外文關鍵詞:Bank Risk TakingBoard CharacteristicsCapital Adequacy Ratio
相關次數:
  • 被引用被引用:1
  • 點閱點閱:333
  • 評分評分:
  • 下載下載:0
  • 收藏至我的研究室書目清單書目收藏:1
過去研究顯示董事會特性會影響公司承擔風險的程度,但多數研究皆將銀行業視為特殊產業而將其排除在研究樣本之外。然而,正因為銀行業性質特殊,風險管理為其核心要務,更值得深入了解其風險承擔能力與董事會特性間的關係。本研究以代理理論與資源依賴理論的觀點探討董事會特性與銀行風險承擔之關聯性。以2006年至2010年共23家上市銀行為研究樣本,使用銀行業整體適足性指標—資本適足率,做為整體風險承擔能力之衡量標準,並以董事會任期、教育程度、兼任程度、董事會開會次數、董事會持股及董事會規模作為公司治理之代理變數。本研究發現,董事會成員之教育程度愈高、董事會規模愈大、董事兼任程度愈高、董事會任期愈長皆有助於提高銀行資本適足率,降低銀行的風險承擔。
The purpose of this paper is to examine how board characteristics affect the Taiwan banking industry’s risk-taking ability. Based on agency theory and resource dependent theory, we focus on board’s monitoring and resource linking ability, and collect the data sets of 23 banks listed on the Taiwan Stock Exchange during 2006-2010. Also, employs the capital adequacy ratio as bank risk-taking ability agency variable. As a result, our study shows the relationship between bank adequacy ratio and board education, board members with multiple appointments, board size and board tenure are positively significantly. These findings provide the evidence that board characteristics can increase banks’ capital adequacy, thus, also help banks enhance their risk-taking ability in some degrees.
目錄
中文摘要 i
ABSTRACT ii
誌謝 iii
目錄 iv
表目錄 vi
圖目錄 vii
第壹章 緒論 1
第一節 研究背景和動機 1
第二節 研究目的 2
第三節 研究流程 2
第貳章 文獻探討 4
第一節 銀行公司治理與董事會功能 4
第二節 資本適足率與銀行風險 8
第三節 董事會特性與銀行風險 10
第參章 研究方法 18
第一節 研究期間與資料來源 18
第二節 變數定義與衡量方式 19
第三節 研究方法與實證模型 24
第肆章 實證結果與分析 26
第一節 敘述性統計分析 26
第二節 相關性分析與共線性檢定 28
第三節 實證結果分析 31
第伍章 結論 33
第一節 研究結論 33
第二節 研究貢獻 35
第三節 管理意涵 36
第四節 研究限制與建議 37
參考文獻 38
附錄 43
1. 李文惠,2002,“公司治理的角度看銀行風險承擔問題之研究",中山大學財務管理研究所碩士論文。
2. 李儀坤,2012,“巴塞爾III之沿革內涵及其對銀行業之影響”,臺灣經濟金融月刊,第四十八卷,第二期,頁11-24。
3. 李馨蘋、何喜將,2007,“銀行業之公司治理機制如何影響銀行風險承擔行為?", 會計與公司治理,年第四卷,第二期,頁1-22。
4. 沈中華,2002,“金控公司的銀行與獨立銀行CAMEL比較:1997~1998”,台灣金融財務季刊,第三輯,第二期,頁73-94。
5. 林宛瑩、許崇源、戚務君、陳宜伶,2009,“公司治理與信用風險”,臺大管理論叢,第19卷,第S2期,頁71-98。
6. 林宜嫻,1997,“本國銀行的股權結構與風險承擔關係之研究”,國立交通大學管理科學研究所碩士論文。
7. 邱筱茜,2009,“董事會監督強度決定性因素之實證研究",國立政治大學會計學系碩士論文。
8. 洪榮華、陳香如、柯璟瑩,2005,“從代理理論的角度探討董事會特性、股權結構與負債之關聯性”,管理與系統,第十二卷,第四期,頁33-53。
9. 許文彥、藍尉倫、賴奕豪,2007,“所有權結構與銀行風險承擔",風險管理學報,第九卷,第三期,頁255-273。
10.黃思嘉,2000,“股權結構與組織策略對銀行信用風險之衝擊",國立中央大學財務管理研究所碩士論文。
11.陳木在、陳錦村,2001,“銀行風險概述",台灣金融財務季刊,頁59-73。
12.陳曉蓉, 2003,“台灣銀行業公司治理機制與風險承擔行為之關係”,風險管理學報,第五卷,第三期,頁363-391。
13.廖秀梅、李建然、吳祥華,2006,“董事會結構特性與公司績效關係之研究-兼論台灣家族企業因素的影響”,東吳經濟商學學報,第54期,頁117-160。
14.謝錦堂,2008,“董事會功能理論模型之驗證:台灣上市公司董監事的觀點”,管理學報,第二十六卷,第二期,頁127-144。
15. Anderson, R.C., D.R. Fraser, 2000, “Corporate control, bank risk-taking, and the health of the banking industry”, Journal of Banking and Finance, Vol. 24, pp. 1383- 1398.
16. Andres, P., and E. Vallelado, 2008, “Corporate governance in banking: The role of the board of directors”, Journal of Banking & Finance, Vol. 32, pp. 2570-2580.
17. Chen, H.-L., W.-T. Hsu and Y.-S. Huang, 2010, “Top management team Characteristics, R&D investment and capital structure in the IT industry”, Small Business Economics, Vol. 35, No. 3, pp. 319-333.
18. Chiang, H. T. and He, L. J., 2010, “Board Supervision Capability and Information Transparency”, Corporate Governance: An International Review, Vol. 18, No. 1, pp. 18-31.
19. Demsetz, R., and P. Strahan, 1997, “Diversification, size, and risk at bank holding companies.", Journal of Money, Credit and Banking, Vol. 29, pp. 300-313.
20. Ferris, S. P., M. Jagannathan, and A.C. Pritchard, 2003, ‘‘Too busy to mind the business? Monitoring by directors with multiple board appointments’’, The Journal of Finance, Vol. 58 No. 3, pp. 1087-111.
21. Fahlenbrach, R., 2009, “Shareholder Rights, Boards, and CEO Compensation”, Review of Finance, Vol. 13, pp. 81-113.
22. Fama, E., and M. Jensen, 1983, “Separation of ownership and control”, Journal of Law and Economics, Vol. 26, pp. 301-326.
23. Fich, E. M., and A. Shivdasani, 2006, “Are busy boards effective monitors? ", The Journal of Finance, Vol. 61, No. 2, pp. 689-724.
24. Fields, L. P., D. R. Fraser, and A. Subrahmanyam, 2012, “Board Quality and the cost of debt capital: The case of bank loans”, Journal of Banking & Finance, Vol. 36, pp. 1536-1547.
25. Gillan, S. L., 2006, “Recent Developments in Corporate Governance: An Overview”, Journal of Corporate Finance, Vol. 12, pp. 381- 402.
26. Harris, M., and A. Raviv, 2008, “A theory of board control and size”, The Review of Financial Studies, Vol. 21, No. 4, pp. 1797-1832.
27. Hillman, A. J., and T. Dalziel, 2003, “Boards of directors and firm performance: Integrating agency and resource dependence perspectives”, Academy of Management Review, Vol. 28, No. 3, pp. 383-396.
28. Howton, S. W., 2006, “Effect of Governance Characteristics on the State of the Firm after an Initial Public Offering”, The Financial Review, Vol.41, pp. 419-433.
29. Jensen, M. C., and W. H. Meckling, 1976, “Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure”, Journal of Financial Economics, Vol.3, No. 4, pp. 305-360.
30. Jensen, M. C., 1993, ‘‘The modern industrial revolution, exit, and the failure of internal control systems’’, The Journal of Finance, Vol. 48, No. 3, pp. 831-80.
31. Jiraporn, P., W. N. Davidson III, P. DaDalt, and Y. Ning., 2008,“Too busy to show up? An analysis of directors’ absences ", Working paper, Great Valley School of Graduate Professional Studies. http://ssrn.com/abstract=1254642
32. Konishi, M., and Y. Yasuda, 2004, “Factors affecting bank risk taking: Evidence from Japan", Journal of Banking & Finance, Vol. 28, pp. 215–232.
33. Mishra, C. S., and J. F. Nielsen, Autumn 2000, “Board Independence and Compensation Policies in Large Bank Holding Companies”, Financial Management, pp. 51-70.
34. Morch, R., A. Shleifer, and R. Vishny, 1988, “Managerial ownership and market valuation: An empirical analysis" Journal of Financial Economics, Vol. 20, No. 1-2, pp. 293-315.
35. Pearce, J. A., and S. A. Zahra, 1992, “Board composition from a strategic contingency perspective", Journal of Management Studies, Vol. 29, pp. 411-438.
36. Pfeffer, J., 1972, “Size and Composition of Corporate Boards of Directors: The Organization and Its Environment”, Administrative Science Quarterly, Vol. 17, pp. 218-228.
37. Pfeffer, J., & Salancik, G. R., 1978, “The external control of organizations: A resource dependence perspective”, New York: Harper & Row.
38. Raber, R. W., 2003, “The Role of Good Corporate Governance in Overseeing Risks”, The Corporate Governance Advisor, Vol. 11, No. 2, pp. 11-16.
39. Rahman, A. R., and F. H. Mohamed Ali, 2006, “Board, Audit Committee, Culture and Earnings Management: Malaysian Evidence”, Managerial Auditing Journal, Vol. 21, No. 7, pp. 783-804.
40. Ryan, H., L, Wang, and R. Wiggins, 2007, “Learning, CEO power and board-of-director monitoring: Evidence from CEO tenure", Working Paper, Georgia State University. http://ssrn.com/abstract=992857
41. Saunders, A., E. Strock and N.G. Travlos, 1990, “Ownership Structure, Deregulation, and Bank Risk Taking", The Journal of Finance, Vol. 45, pp. 643-654.
42. Shivdasani, A., and D. Yermack, 1999, “CEO involvement in the selection of new board members: an empirical analysis”, Journal of Finance, Vol. LIV, No. 5, pp.1829-1853.
43. Simpson, W. G., and A. E. Gleason, 1999, “Board structure, ownership, and financial distress in banking firms”, International Review of Economics and Finance, Vol. 8, pp. 281-292.
44. Spence, M., 1973, “Job market signaling”, Quarterly Journal of Economics, Vol. 87, pp. 355-374.
45. Vafeas, N., 1999, “Board meeting frequency and firm performance", Journal of Financial Economics, Vol. 53, pp. 113-142.
46. Vefeas, N., 2003, ‘‘Length of board tenure and outside director independence’’, Journal of Business Finance and Accounting, Vol. 30, pp. 1043-64.
47. Yermack, D., 1996, ‘‘Higher market valuation of companies with a small board of directors’’, Journal of Financial Economics, Vol. 40, No. 2, pp. 185-211.
QRCODE
 
 
 
 
 
                                                                                                                                                                                                                                                                                                                                                                                                               
第一頁 上一頁 下一頁 最後一頁 top