The Comparison and Analysis of Efficiency between Banks inside and outside of Financial Holding Company in Taiwan

• Main Authors: Sui-chi Hsieh, 謝燧棋
• Other Authors: none
• Format: Others
• Language: zh-TW
• Published: 2005
• Online Access: http://ndltd.ncl.edu.tw/handle/95654545700510437653

碩士 === 世新大學 === 經濟學研究所(含碩專班) === 93 === This study aims to understand whether the banks under the FHCs can make more performance? On my opinion, by polling 14 banks inside of FHCs and 33 independent banks outside of FHCs in Taiwan, making the comparison of efficiency with the data from July 2000 to June 2004, total through 16 quarters. Base on the input and output factors that decide to adopt the concept of Intermediation Approach, as the asset, personnel expense, interest payment and other payment are the input variables; also as the interest income, handling fee income, investment income and other income are the output variables. We first manipulate the DEA(Data Envelopment Analysis) model, as input orientated is the subject, we employ the CCR and BCC models to evaluate the technical efficiency(TE), pure technical efficiency(PTE), scale technical efficiency(SE), then using Malmquist Productivity Index (MPI) to evaluate the trend of productivity change. The final step, we employ the Tobit regression method, as the technical efficiency (TE), pure technical efficiency (PTE) and the scale technical efficiency(SE) are the sure variables, and choose the other variables except input and output factors. Those include the capital adequacy ratio, the number of branches, the factor of the government is the major stockholder, ROA is the explanation variables to probe the other outside factors that effects the efficiencies. Pertinent study findings are concluded as follows: 1.Base on the efficiency value of each bank, we can get that the overall efficiency banks are Taishinbank and China Trust Bank in the16 quarters. The two banks are inside of FHCs. Besides, in the 16 quarters, the non-overall efficiency bank is Bank of Overseas Chinese, it is outside of FHCs. 2.Whatever is the TE, PTE, or in SE, the bank inside of FHCs is better than outside of FHCs. 3.Whatever is bank inside of FHCs or independent banks outside of FHCs, in the trend of efficiency change of the FHCs, the values of TE, PTE or SE all are declining. 4.Using Malmquist Productivity Index (MPI) to evaluate banks in the trend of productivity change in different period, compare with bank inside of FHCs and independent banks outside of FHCs, we got, whatever at the arrange and using of capital, the promotion of the production management technology or product innovation, the bank inside of FHCs is better than independent bank outside of FHCs. 5.Employ the Tobit regression as the capital adequacy ratio、the number of branches、 whether the government is the major stockholder and return on asset(ROA) to probe the possible effect efficiency factors. It discovers as follows: (1) technical efficiency (TE) with whether the government is the major stockholder at the 10% obvious level is showed negative relation; ROA at the 5% obvious level is showed negative relation.(2)pure technical efficiency(PTE) with the capital adequacy ratio and ROA at the 5% obvious level is showed positive relation; whether the government is the major stockholder at 1% obvious level is showed negative relation.(3) scale efficiency(SE) with the capital adequacy ratio at 1% obvious level is showed negative relation and whether the government is the major stockholder at 5% obvious level is showed negative relation.