A Study on the Effect of Public Bank Privatization on the Operating Performance:The Case of Three Major Commercial Banks in Taiwan

• Main Authors: Tsong-Min Liou, 劉聰敏
• Other Authors: Roung-Jen Wu
• Format: Others
• Language: zh-TW
• Published: 2004
• Online Access: http://ndltd.ncl.edu.tw/handle/27501003906501187076

碩士 === 國立雲林科技大學 === 財務金融系碩士班 === 92 === The privatization of public Institution is a global tendency. The Hua-Nan Commercial Bank, Chang-Hwa Commercial Bank, and First Commercial Bank in Taiwan are privatized since 1998. The main purpose of this study is to compare these three commercial banks to their major competitors in the financial and operating performance before and after privatization. Wilcoxon Signed-Rank test is adopted as model. Data is from financial statements of these commercial banks and their competitors: the Farmers Bank of China, the International Commercial Bank of China ,Chinatrust Commercial Bank, Fubon Commercial Bank, and the Chinese Bank from 1993 to 2002. The CAMEL indicators are calculated as the financial and operating performance to investigate the effect of privatization. There are two empirical result found. (1) Under 95% confidence level, each and average of these three commercial banks have significantly increased their equity capital ratio, ratio of non-performing loan to loan, and numbers of branches. But significantly decreased their ratio of loans to deposits and return on equity. (2)Compared to their competitors on the financial and operating performance, each and average of these three commercial banks significantly have a close on return on equity under 95% confidence level. But ratio of non-performing loan to loan and ratio of loans to deposits become significantly divergent.