| Summary: | 碩士 === 國立高雄應用科技大學 === 金融系金融資訊碩士在職專班 === 103 === This study is to investigate the influences of mergers and acquisitions (M&A) on operating efficiency of Taiwan local banks by using data during 2002~2013. We aim to find (1) the differences of operating performance on foreign commercial banks between before and after M&A, (2) any remarkable differences of operating performance between foreign commercial banks and local commercial banks after M&A, and (3) any remarkable differences on operating performance of local commercial banks between with and without M&A.
The following conclusions are obtained:
(1) Foreign commercial banks have better operating performance before M&A than after.
(2) Local commercial banks have better operating performance than foreign commercial banks after M&A
(3) Local commercial banks without M&A have better operating performance than other local commercial banks with M&A.
This study finds cost efficiency (CE), revenue efficiency (RE) and profit efficiency (PE) of overall commercial banks in Taiwan have significant improvements along with foreign commercial banks spending more time on doing business in Taiwan, new technologies introduced, more internationalization and supporting regulations setup. This outcome is also in accordance with the expectation on opening of financial market.
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