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Title: | 金控合併銀行標的選擇與經營效率之關聯 |
Authors: | 田蕙綸 Tien, Hui-Lun |
Contributors: | 林良楓 田蕙綸 Tien, Hui-Lun |
Keywords: | 效率 購併 資料包絡分析法 金融控股公司 efficiency mergers and acquisition data-envlopment analysis financial holding company |
Date: | 2004 |
Issue Date: | 2009-09-18 09:05:52 (UTC+8) |
Abstract: | 本研究利用資料包絡分析法探討被併購標的銀行於購併前後是否能增加效率,以及具有何種特徵之銀行較易成為金控公司併購之對象。 研究結果發現標的銀行於購併之後,雖能促進效率,但結果並不顯著,顯示合併之後效率提升是綜合標的銀行之高資產品質、高獲利能力、低利率風險及分行數少才使購併後效率提升。在標的銀行的特徵方面顯示當銀行處於非遞減規模報酬、財務上呈現弱點,但銀行資本結構較佳、利率風險較低時,容易成為金控公司購併的對象。 This paper tried to apply Data Develop Analyis (DEA) to examine whether M&A could promote the targeted banks’ efficiency and the criterions when financial holding companies choose the targeted bank. The experical resoults suggested that although the targeted banks denoted higher efficiency gains, however, the gains do not achieve statiscally signicant level. The results implied that the higher efficiency gains might come from the targeted banks’ high quality assets, greater profitability, lower interest risk and less number of branches. On the other hand, the banks operated under non-decreasing return to scale, financially vulnerable banks, better capital structure, and lower interest risks were more likely to be the acquisition targets. |
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Description: | 碩士 國立政治大學 會計研究所 94353022 93 |
Source URI: | http://thesis.lib.nccu.edu.tw/record/#G0094353022 |
Data Type: | thesis |
Appears in Collections: | [會計學系] 學位論文
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