台灣上市銀行所有權結構與逾放比關係之研究

The Relationship between Ownership Structure and Ratio of Nonperforming Loans of Taiwan Listed Banks

陳淑貞(Shu-Jen Chen)

指導教授 ： 呂麒麟

崑山科技大學/商業管理學院/企業管理研究所/碩士(2005年)

https://doi.org/10.6828/KSU.2005.00027

摘要

台灣近年來由於金融市場的開放，在新銀行的加入競爭及過去金融體係諸多缺失的影響下，造成台灣地區銀行業的逾放問題十分嚴重 （自銘珠，2002）[3]。而從公司治理的角度而言，逾放比即是代表可驗證的銀行營運指標之一。在公司治理的文獻中，McGee and Thomas（1986）及Qi, Wu and Zhang（2000）[54,68]均已指出，所有權結構的差異會影響到公司策略的選擇及公司治理的效果。故本研究希望以所有權結構的角度出發，分析銀行所有權結構與逾放比關係。本研究假設台灣上市銀行所有權結構中各持股人持股比率增加，愈能使逾放比減少。所選擇樣本為民國八十六年至民國九十年在臺灣證券交易所上市公司（不含金融控股與壽險公司）。本研究採用複迴歸模式來驗證所有權結構對逾放比的治理效果。本研究的結果發現，銀行所有權結構對逾放比的影響並不如預期中的明顯，只有金融業機構投資人持股比率與逾放比間存在顯著的關係。而真正影響台灣地區逾放比的因素，主要還是在銀行的負債比率、每股盈餘、銀行規模這三項變數。顯示台灣地區銀行業中所有權結構的治理效果並未獲得充份的發揮，且此現象在新舊銀行間皆然，若銀行業能在此點上作加強，對逾放比的控制應該會有一定程度的改善效果。

關鍵字

所有權結構 ； 逾放比 ； 公司治理

並列摘要

Not only because of the entrance of new competitors of the financial market of Taiwan in recent years, but also because the former defects of financial market. The problem of nonperforming loan had become series. From the view of governance, the ratio of nonperforming loans is a verifiable performance index. McGee and Thomas (1986) and Qi, Wu and Zhang (2000)[54,68] have show that the difference in ownership will affect the strategy and the effect of corporate governance. We analyze the relationship between the ownership structure and nonperforming loans of listed banks in Taiwan. In this study, we assume the increase of shareholders shareholding of ownership structure have an effect of reduce the ratio of nonperforming loans. We choose the listed bank of Taiwan during 1997 to 2002. We analyze the relationship of the ownership structure and ratio of nonperforming loans for multiple-regression. Our results show that the relationship between ownership structure and nonperforming loans is not as significant as expectation, only the financial institutions shareholding ratio has significant relationship with ownership structure. The major factors which affect the nonperforming loans are debt ratio, EPS and firm size. Which imply the governance effect in Taiwan bank industry still not works effectively, no matter it’s a new or old bank. If we can improve the mechanism of the governance of the banks of Taiwan, it should improve the control of nonperforming loans as well.

並列關鍵字

Ratio of Nonperforming Loans ； Corporate Governance ； Ownership Structure

參考文獻

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