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Title: | 國家特性對東南亞商業銀行跨國併購績效之影響 The influence of country characteristics on the performance of commercial banking cross-border M&A in Southeast Asia |
Authors: | 杜莉英 Tawong, Irene |
Contributors: | 許崇源 杜莉英 Tawong,Irene |
Keywords: | 商業銀行併購 東南亞銀行併購 國家特性 Commercial bank merge Southeast Asia bank merge Country characteristics |
Date: | 2018 |
Issue Date: | 2018-07-11 17:23:17 (UTC+8) |
Abstract: | 經過2008年的金融海嘯後,開發中國家的國外直接投資額一直持續上升,而2016年世界超過50%的國外直接投資額都來自於企業併購,目前正在快速崛起的東南亞國更成爲企業投資的焦點,其中商業銀行扮演著國家經濟發展的重要角色。本研究探討2002~2016年14年間,在新加坡、馬來西亞、菲律賓、泰國、印尼、越南等六國有發生跨國併購案的商業銀行,採用CAMEL指標來衡量在併購前三年及後三年的績效,並透過回歸分析來探討績效是否受到國家及併購前後狀態的影響,進一步探討績效是否受到伊斯蘭國、環境狀況、國家治理及經濟自由度等指數的影響。回歸結果顯示CAMEL績效除了資產報酬率外,皆受到國家及併購前後狀態顯著性的影響,伊斯蘭國、環境狀況、國家治理及經濟自由度對CAMEL績效的某些指標造成一定程度上顯著性的影響。 After the financial crisis in 2008, the amount of foreign direct investment in developing countries has continued to rise. In 2016, more than 50% of the world’s foreign direct investment comes from mergers and acquisitions, and the rapidly emerging Southeast Asian countries have become more focus of the foreign investment, commercial banks play an important role in national economic development. This study explored commercial banks that had cross-border mergers and acquisitions in six countries, Singapore, Malaysia, Philippines, Thailand, Indonesia, and Vietnam from 2002 to 2016, using CAMEL indicators to measure the three years before and after the merger Performance, use the regression analysis, to explore whether performance is affected by the state and before and after mergers and acquisitions, and further analysis of whether performance is affected by such indicators as Islamic country, environmental status, national governance, and economic freedom. The empirical results show that in addition to return on assets, the performance of CAMEL is affected by the significance of the state before and after mergers and acquisitions. Islamic country, environmental status, national governance, and economic freedom have certain degree of significant impact on certain indicators of CAMEL performance. |
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Description: | 碩士 國立政治大學 會計學系 105353044 |
Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0105353044 |
Data Type: | thesis |
DOI: | 10.6814/THE.NCCU.ACCT.024.2018.F07 |
Appears in Collections: | [會計學系] 學位論文
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