Comparison of Technical Efficiency for State-Owned Bank’s M&As: Case of Bank of Taiwan and Central Trust of China

• Main Authors: Wang,Li-Kuan, 王麗寬
• Other Authors: Lin,Shu-Ling
• Format: Others
• Language: zh-TW
• Published: 2009
• Online Access: http://ndltd.ncl.edu.tw/handle/86324769932116873613

碩士 === 輔仁大學 === 金融研究所 === 97 === In order to effectively address the number of domestic financial institutions are too many cases of vicious competition, and our country should comply with the international financial institutions towards the management of large-scale trends, the Government have adopted "Financial Institutions Merger Act" and "Financial Holding Company Act" to encourage varies with the industry and the industry combined, in view of this, the Ministry of Finance in 94 years on November 17 announced that the Bank of Taiwan and Central Trust of China to "absorb the merger" integration approach, combined with the existence of the Bank of Taiwan Bank for 96 years in July merger on the 1st. In this study, explore the merging of two lines of the motives, plans, objectives, and after the merger whether or not achieve its original goal, and for data envelopment analysis (Data Envelopment Analysis, DEA), choice of interest charges, other fees, deposits for the input Variable number; to interest income, other income and the number of loans for the output variable to measure the two merging firms before and after the change in value of the technical efficiency of the case, and then test to explore differences in two public banks before and after the merger of the differences in technical efficiency to learn more about its technology after the merger whether or not shown to enhance the efficiency of the phenomenon. The empirical results show that the second line of government-owned stocks after the merger efficiency of the Board vis-à-vis the pre-merger value of a significant upgrading of its input and output to achieve appropriate configuration, the Bank of Taiwan to fully demonstrate the technical efficiency after the merger, there are good results, and achieve efficient areas of operating efficiency and synergy. Therefore, the merger is enough to provide the Administration in assessing the merger of financial indicators and the model, but also for future reference to the financial reform policies.