(3.230.143.40) 您好!臺灣時間:2021/04/23 16:33
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:翁誠鴻
論文名稱:銀行業多角化經營之實證分析:以台灣及中國大陸商業銀行為例
論文名稱(外文):Bank Diversification and Performance: Evidence from Taiwanese and Chinese banks
指導教授:梁馨予梁馨予引用關係
口試委員:李君屏徐億文
口試日期:2013-07-04
學位類別:碩士
校院名稱:逢甲大學
系所名稱:國際貿易學系
學門:商業及管理學門
學類:貿易學類
論文種類:學術論文
論文出版年:2013
畢業學年度:101
語文別:中文
論文頁數:77
中文關鍵詞:兩岸經濟合作架構協議金融服務業之整合銀行多角化與營運績效
相關次數:
  • 被引用被引用:1
  • 點閱點閱:197
  • 評分評分:系統版面圖檔系統版面圖檔系統版面圖檔系統版面圖檔系統版面圖檔
  • 下載下載:0
  • 收藏至我的研究室書目清單書目收藏:0
在兩岸經濟合作架構協議的簽訂下,台灣與中國大陸皆開放各自的金融服務業,未來將面臨了兩岸跨區域金融服務業整合的可能性,在此之前,勢必要先了解各自銀行業的發展背景、特質與整合經營之績效。
此研究利用2002-2008年間台灣銀行和中國大陸銀行的營運績效與銀行特性,透過單、複迴歸分析檢驗台灣銀行及中國大陸銀行多角化程度對其營運績效之影響,探討銀行跨業經營(僅侷限於銀證合作)之效益。
實證結果發現如下:不論是台灣銀行或是中國大陸銀行,跨業經營對經營績效皆為正向關係,銀證合作的營運模式將提升台灣銀行業以及大陸銀行業營運績效;在加入銀行規模、權益比率等銀行營運層面等控制變數後,複回歸分析結果仍然得到一致的結果。而合併台灣以及中國大陸的樣本進行穩健性檢測時,仍獲得同樣的結果。
此研究結果未能支持銀行多角化價值折損之假說,可推論台灣與中國大陸銀行並未因進行多角化經營衍生出之代理問題而覆蓋其範疇經濟所帶來的正面效益,多角化經營對台灣及中國大陸銀行將提升銀行經營績效的正面效果。
目錄
誌謝 i
中文摘要 ii
Abstract iii
目錄 iv
表目錄 vi
圖目錄 vii
第一章 緒論 1
第一節 研究動機及背景 1
第二節 研究問題與目的 7
第三節研究架構 8
第二章文獻回顧 10
第一節 多角化營運優缺點 10
第二節 台灣銀行發展概況 13
第三節大陸銀行發展概況 15
第四節 區域發展概況 18
第三章 研究設計與方法 19
第一節 資料來源、研究期間與樣本選取標準 19
第二節 變數定義 21
第三節 研究方法 28
第四章 實證結果 32
第一節 摘要統計 32
第二節 銀行多角化與績效-單迴歸 35
第三節 銀行多角化與績效-複迴歸模型 38
第四節 穩定性分析:合併樣本 43
第五章 結論與建議 49
參考文獻 51
Appendix 56
參考文獻

1.沈中華,王儷容,呂青樺,吳孟紋(2010)金融機構在中國的機會與挑戰,初版,台北:智勝文化。

2.張麗娟,鍾雅雯(2010)〈探討臺灣商業銀行國際化程度與多角化策略對經營績效之影響〉,《中華管理評論國際學報》,13卷3期。

3.經濟部,海峽兩岸經濟合作架構,附件四,頁9,頁19。

4.Acharya, Hasan and Saunders (2006) Should banks be diversified? Evidence from individual bank loan portfolios, The journalof business 1355-1412.

5.Adams, Horridge and Parmenter (2009) Long-Run Effects On China Of APEC Trade Liberalization, Journal of Banking &; Finance 33, 2080–2092.

6.Baltagi, B. H., 2001. Econometric Analysis of Panel Data, New York: John Wiley &; Sons.

7.Ber, H., Yafeh, Y., Yosha, O. (2001) Conflict of interest in universal banking: bank lending, stock underwriting, and fund management, Journal of Monetary Economics 47, 189–218.

8.Berger and Ofek (1995) Diversification’s effect on firm value, Journal of financial economics 37, 39-65.

9.Boyd, Levine and Smith ( 2001) The impact of inflation on financial sector performance. Journal of Monetary Economics 47, 221–248.

10.Chandler, A. (1977) The Visible Hand. Belknap Press, Cambridge.

11.Chao and Qin (2012) China Banking Market Structure and Performance: Based on Panel Data 2000-2010, International Business and Management, Vol. 5, No. 2, pp. 142-147.

12.Chen and Liu(2013), Bank ownership, performance, and the politics: Evidence from Taiwan, Economic Modelling 31 578–585.

13.Chiu, Chen and Bai (2011) Efficiency and risk in Taiwan banking: SBM super-DEA estimation, Applied Economics, 43, 587–602.

14.Chiu, Jan, Shen and Wang (2008) Efficiency and capital adequacy in Taiwan banking: BCC and super-DEA estimation, The Service Industries Journal Vol. 28, No. 4, 479–496.

15.Demsetz and Strahan(1997) Diversification,size and risk at holding companies ,Journal of Money , Credit and Banking 29, 300-313.

16.Diamond (1984) The review of economic studies, Financial intermediation and Monitoring, volume 51, issue 3, 393-414.

17.Diamond (1991) Monitoring and reputation: the choice between bank loans and directly placed debt. Journal of Political Economy 99, 689–721.

18.Du and Girma(2011) Cost economies, efficiency and productivity growth, in the Chinese banking industry: Evidence from a quarterly panel dataset, Empire Econ 41:199–226.

19.Harris et al. (1982) Asymmetric information, incentives and intrafirm resource allocation, Management science, vol 28. No.6.

20.Hsiao, C. (1986) Analysis of Panel Data, New York: Cambridge University Press. International Monetary Fund, 1998, Chapter IV: Financial Crises: Characteristics and Indicators of Vulnerability, World Economic Outlook, May,74-97.

21.Heffernan and Fu (2010) Determinants of financial performance in Chinese banking, Applied Financial Economics, 20, 1585–1600.

22.Herrero, Gavila and Santabarbara (2009) What explains the low profitability of Chinese banks? Journal of Banking &; Finance 33, 2080–2092.

23.Houston, J., C. James, and D. Marcus (1997) Capital market frictions and the role of internal capital markets in banking, Journal of Financial Economic 46, 135-164.

24.Hwa and Lei (2010) China’s Banking Reform and Profitability, Review of Pacific Basin Financial Markets and Policies,Vol. 13, No. 2,215–236.

25.Hwang and Wu (2006) Financial System Reform in Taiwan, JAE Conference on Financial System Reform and Monetary Policies in Asia September 15-16.

26.Jensen, M.(1986) Agency costs of free cash flow, corporate finance, and takeovers, American Economic Review76, 323–329.

27.Laeven and Levine (2007) Is there a diversification discount in financial conglomerates? Journal of Financial Economics 85 , 331-367.

28.Liang, Yao, Hwang and Wu (2008) The Impact of Non-Performing Loans on Bank’s Operating Efficiency for Taiwan, Banking Industry Review of Pacific Basin Financial Markets and Policies, Vol.11, No. 2, 287–304.

29.Lin, Hsu and Hsiao (2007) Measuring efficiency of domestic
30.banks in Taiwan: application of data envelopment analysis and Malmquist index, Applied Economics Letters, 14, 821–827.
31.Lin and Zhang (2009) Bank ownership reform and bank performance in China, Journal of Banking &; Finance 33 20–29.

32.Liu (2008) Impact of Regional Trade Agreements on Chinese Foreign Direct Investment, The Chinese Economy, vol 41, no 5.

33.Liu, Chuang and Huang (2011) A Study of Operating Efficiency of Banks under Financial Holding in Taiwan, International Research Journal of Finance and Economics, ISSN 1450-2887 Issue 79.

34.Park and Sehrt (2001) Tests of Financial Intermediation and BankingReform in China, Journal of Comparative Economics 29, 608–644.

35.Rajan (1992) Insiders and outsiders: the choice between informed and arm’s-length debt. Journal of Finance 47, 1367–1400.

36.Safuan (2012) ASEAN Economic Cooperation:Trade Liberalization Impacts on the National Economy, International Journal of Economics and Finance,Vol.4, No.11.

37.Saunders and Walter (1994) Universal Banking in the United States: What Could We Gain? What Could WeLose? Oxford University Press, New York.

38.Schoar, A. (2002) Effects of corporate diversification on productivity, Journal of Finance 57, 2379–2403.

39.Seo, Chao and Park (2013) Empirical Study on the Impacts of the Chinese Banking Industry, International Journal of Economics and Finance; Vol.5, No. 1.

40.Stein, J. (2002) Information production and capital allocation: decentralized versus hierarchical firms, Journal of Finance 57, 1891–1921.

41.Stiroh and Rumble(2006) The dark side of diversification:The case of US financial holding companies , Journal of Banking and Finance 30,2131-2161.

42.Stiroh (2004) Diversification in banking: Is noninterest income the answer? Journal of Money, Credit and Banking, 853-883.

43.Stulz, R. (1990) Managerial discretion and optimal financial policies, Journal of Financial Economics 26, 3–27.

44.Trefler (2001) The long and short of the Canada – U.S. free trade agreement, NBER working paper No. 8293.

45.Tsai, Chang, and Lai (2009) Ownership Structure, Supervisory Regulation and the Diversification, Journal of Financial studies, Vol 17, No 4.

46.Weston (2012) The nature and significance of conglomerate firms, St. john’s law review, Issue 5 volume 44.

47.Wu (2008) The Second Financial Reform and the Development of Financial Industry in Taiwan, Review of Pacific Basin Financial Markets and Policies, Vol. 11, No. 1 , 75–97
連結至畢業學校之論文網頁點我開啟連結
註: 此連結為研究生畢業學校所提供,不一定有電子全文可供下載,若連結有誤,請點選上方之〝勘誤回報〞功能,我們會盡快修正,謝謝!
QRCODE
 
 
 
 
 
                                                                                                                                                                                                                                                                                                                                                                                                               
第一頁 上一頁 下一頁 最後一頁 top
系統版面圖檔 系統版面圖檔