The Formation of M&A Policy after Finance Liberalization in Taiwan

• Main Authors: Cha-Chu Liu, 劉家竹
• Other Authors: Ming-Chung Chang
• Format: Others
• Language: zh-TW
• Published: 2006
• Online Access: http://ndltd.ncl.edu.tw/handle/2rza5h

碩士 === 國立中央大學 === 產業經濟研究所 === 94 === This paper opens with an account that in the late nineties, the Taiwan government executed merger and acquisition policy in full swing, according to the bibliographical information and enactments concerned. Afterwards, the study focuses on the investigation into Government’s motives for the policy. There are four hypotheses proposed from Taiwan’s historical background: (1) to close out troublemaking financial institutions as they are absorbed; (2) to follow the merger wave of financial industry, so as to raise the competitive power of Taiwan banks in international financial markets; (3) to decrease the over-banking, which emerges from Finance Liberalization; (4) to be well-prepared for the coming Direct Finance age. Finally, we examine our hypotheses repetitively in the way of analyzing and reading up the communiqués of Taiwan’s Legislative Yuan, the commentaries in the Commercial Times and the Economic Daily News, which display arguments from administrators, people representatives, scholars, authorities, foundations along with the public.