臺灣博碩士論文加值系統

貨幣政策(Monetary Policy)的變動對銀行績效與風險有著重要的影響；而環境保護(Environmental, E)、社會責任(Social, S)和公司治理(Governance, G)是評估銀行可持續發展的重要指標，其對銀行績效與風險之影響亦備受關注。因此，本研究以美國銀行業為研究對象，研究期間為2014年到2022年，採用縱橫資料(Panel Data)多元迴歸模型探討貨幣政策及環境保護、社會責任、公司治理對美國銀行業績效與風險的影響；並進一步分析貨幣政策的變動與環境保護、社會責任以及公司治理的交互作用是否有助於提升銀行績效，降低銀行風險。
實證結果發現，貨幣政策對銀行績效為正向影響，對風險為負向影響。其次，環境保護對銀行績效為負向影響、對風險為正向影響；社會責任對銀行績效不具影響效果、對風險為負向影響；公司治理對銀行績效為正向影響、對風險則不會產生影響。最後，貨幣政策的變動與環境保護、社會責任、公司治理的交叉項對銀行績效不具影響效果；貨幣政策的變動與社會責任的交叉項對銀行風險為正向影響，貨幣政策的變動環境保護、公司治理的交叉項對銀行風險不具影響效果。

Monetary policy changes have significant impacts on bank performance and risk. At the same time, Environmental protection, Social responsibility, and Corporate governance are critical indicators for assessing the sustainable development of banks and have garnered considerable attention for their effects on bank performance and risk. Therefore, this study focuses on the U.S. banking industry from 2014 to 2022, employing a panel data regression model to investigate the effects of monetary policy, environmental protection, social responsibility, and corporate governance on the performance and risk of U.S. banks. Additionally, it explores whether the interaction between monetary policy changes and environmental protection, social responsibility, and corporate governance can help enhance bank performance and reduce bank risk.
The empirical results reveal that monetary policy positively impacts bank performance and negatively affects bank risk. Furthermore, Environmental protection negatively impacts bank performance and positively influences bank risk; Social responsibility has no significant effect on bank performance but negatively impacts bank risk; Corporate governance positively affects bank performance and has no significant effect on bank risk. Finally, the interaction terms between monetary policy changes and Environmental protection, Social responsibility, and Corporate governance show no significant effect on bank performance. The interaction between monetary policy changes and Social responsibility positively impacts bank risk, while the interactions between monetary policy changes and Environmental protection and Corporate governance have no significant effect on bank risk.

中文摘要 ．．．．．．．．．．．．．．．．．．．．． iii
英文摘要 ．．．．．．．．．．．．．．．．．．．．． iv
誌謝辭 ．．．．．．．．．．．．．．．．．．．．． vi
內容目錄 ．．．．．．．．．．．．．．．．．．．．． vii
表目錄 ．．．．．．．．．．．．．．．．．．．．． ix
圖目錄 ．．．．．．．．．．．．．．．．．．．．． x
第一章 緒論．．．．．．．．．．．．．．．．．．． 1
第一節 研究背景與動機．．．．．．．．．．．． 1
第二節 研究問題與目的．．．．．．．．．．．． 4
第三節 研究流程與架構．．．．．．．．．．．． 5
第二章 文獻回顧．．．．．．．．．．．．．．．．． 9
第一節 貨幣政策對銀行績效與風險的影響．．．． 9
第二節 ESG對銀行績效與風險的影響．．．．．． 12
第三節 貨幣政策、ESG對銀行績效與風險的影響． 16
第三章 研究方法與設計．．．．．．．．．．．．．． 20
第一節 資料來源與樣本．．．．．．．．．．．． 20
第二節 變數設定與定義．．．．．．．．．．．． 20
第三節 迴歸模型設立．．．．．．．．．．．．． 29
第四章 實證結果與分析．．．．．．．．．．．．．． 33
第一節 敘述性統計分析．．．．．．．．．．．． 33
第二節 縱橫資料迴歸模型．．．．．．．．．．． 36
第三節 穩健性分析．．．．．．．．．．．．．． 51
第五章 結論與建議．．．．．．．．．．．．．．．． 57
第一節 結論．．．．．．．．．．．．．．．．． 57
第二節 建議．．．．．．．．．．．．．．．．． 59
參 考 文 獻．．．．．．．．．．．．．．．．．．．．． 61

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