- 學位論文
銀行多元化收入與ESG績效對其系統性風險之影響: 以台灣地區為例
The Impact of Bank Income Diversification and ESG Performance on Systemic Risk: An Empirical Analysis in Taiwan
摘要
本研究探討了銀行業的多元化收入和ESG(環境、社會責任、公司治理)績效對系統性風險的影響。隨著全球金融市場面臨不斷變化的經濟和環境挑戰，銀行業正在尋求有效策略來降低風險並促進可持續發展。利用2016至2023年台灣地區的數據，本研究通過追蹤資料模型進行分析，評估多元化收入和ESG績效策略對風險的影響。結果顯示，多元化收入顯著降低了系統性風險，這表明通過擴展非利息收入來源可以增強財務穩定性。此外，整體ESG績效並未有效降低系統性風險。然而，當將ESG拆解後，發現銀行業良好的環境保護績效反而會提升系統性風險，而社會績效則顯著降低系統性風險，這說明積極的企業社會責任實踐能增強經濟波動的抵抗力。在交互作用方面，發現環境保護績效與多元化收入的交互項會加劇系統性風險的影響。本研究為銀行業管理者和政策制定者提供了實際見解和證據，以支持可持續發展政策。鑒於當前金融市場的不穩定性，銀行業應重視這些策略，以增強抵禦經濟危機的能力，並為客戶與社會創造價值。
並列摘要
This study investigates the impact of income diversification and ESG (Environmental, Social, and Governance) performance on systemic risk in the banking industry. As the global financial markets face ever-changing economic and environmental challenges, banks are seeking effective strategies to mitigate risks and promote sustainable development. Using data from Taiwan between 2016 and 2023, this study employs a panel data model to analyze the effects of income diversification and ESG performance strategies on risk. The results show that income diversification significantly reduces systemic risk, indicating that expanding non-interest income sources enhances financial stability. Additionally, overall ESG performance does not effectively lower systemic risk. However, when disaggregating ESG, it is found that good environmental protection performance in the banking industry actually increases systemic risk, while social performance significantly reduces systemic risk. This suggests that proactive corporate social responsibility practices can strengthen resilience to economic fluctuations. Moreover, the interaction between environmental protection performance and income diversification exacerbates the impact on systemic risk. This study provides practical insights and evidence for bank managers and policymakers to support sustainable development policies. Given the current instability of financial markets, the banking industry should prioritize these strategies to enhance their ability to withstand economic crises and create value for customers and society.