台灣金融控股公司子銀行與獨立銀行之經營績效比較-以財務面因素評估研究

The Comparison of Operating Performance between Financial Holding Subsidiary Banks and Independent Banks in Taiwan – Based on Financial Factors

陳柏存(Po-Chun Chen)

指導教授 ： 洪茂蔚

國立臺灣大學/管理學院/國際企業學研究所/碩士(2015年)

https://doi.org/10.6342/NTU.2015.02721

摘要

自西元2000年公布「金融機構合併法」允許銀行、保險及證券同業合併和 2001年公布「金融控股公司法」允許金融跨業經營，各家金融業者紛紛合併成立金融控股公司後，至目前為止已經過14年的時間。期間歷經雙卡風暴、金融海嘯等事件，到最近三年台灣金融業蓬勃發展，獲利屢創新高，金融控股公司已具有一定之成熟度。而到底成立金控是否具有經營上之優勢，金控旗下銀行相較獨立銀行而言是否為更具競爭力之組織模式，則是非常值得關注的議題。因此，本研究期望能透過財務面因素以評估金控子銀行是否在經營績效上優於獨立銀行，以提供銀行業或是金融管理當局作為參考。
本研究以美國評估銀行經營績效之CAMEL評等法，選取台灣金融控股公司子銀行與獨立銀行為樣本，收集西元2012年至2013年間，金融控股公司旗下子銀行與獨立經營銀行共33家銀行，並運用SPSS統計軟體做財務比率檢定分析，以比較金控子銀行是否在資本、資產、管理、獲利能力、資產流動性等五大項構面之績效優於獨立銀行。
實證結果指出，金融控股公司子銀行之資本適足率平均水準顯著大於獨立銀行，逾放比率平均水準金控子銀行顯著小於獨立銀行，所以在資本和資產品質構面金控子銀行之績效優於獨立銀行。而存放比率平均水準金控子銀行則無顯著大於獨立銀行，此外營業費用率平均水準金控子銀行也無顯著小於獨立銀行，故在管理構面之績效金控子銀行並無顯著優於獨立銀行。ROA、ROE之平均水準金控子銀行同樣無顯著大於獨立銀行，結論為獲利構面金控子銀行績效無顯著優於獨立銀行。最後流動準備比率平均水準金控子銀行無顯著大於獨立銀行，在流動性構面績效方面也是金控子銀行無顯著優於獨立銀行。

關鍵字

金融控股公司 ； 銀行經營績效 ； CAMEL評等 ； 財務比率 ； 獨立銀行

並列摘要

Since the authority in Taiwan allowed financial holding companies to be built in 2001, it has been 14 years so far. Financial companies in Taiwan now have much experience in operating. During the last three years, financial industry in Taiwan reached its highest profits, and whether the establishment of financial holding companies makes their subsidiary banks more competitive than other independent banks is very worthy to be concerned. Therefore, this thesis expects to assess the operating performance of financial holding subsidiary banks compared to independent banks.
In this study, I use CAMEL rating system to evaluate the operating performance of financial holding subsidiary banks compared to independent banks. I choose 15 financial holding subsidiary banks and 18 independent banks in Taiwan as my samples. The financial ratios from 2012 to 2013 were collected and analyzed by SPSS statistical analysis software to compare the performance between the financial holding subsidiary banks and independent banks in five key factors of capital, asset quality, management, profitability and liquidity.
My results indicate that in the factors of capital and asset quality, the operating performance of financial holding subsidiary banks is significantly better than independent banks. But in the other three factors of management, profitability and liquidity, the operating performance of financial holding subsidiary banks is not significantly better than independent banks, which means we assume they are the same in the performance of management, profitability and liquidity.

並列關鍵字

financial holding subsidiary banks ； operating performance of banks ； CAMEL rating system ； financial ratios ； independent banks

參考文獻

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