次贷危机前后台湾地区银行业经营效率研究

发布时间：2018-07-02 13:51

本文选题：次贷危机 + 台湾地区银行业　；参考：《南开大学》2012年博士论文

【摘要】：当前台湾地区的银行业获利能力亚洲倒数第一，台湾地区的银行分支机构家数高达6,009家(至2011年8月底止)，此密度是便利商店的一半，金融市场狭小，过度竞争；赖以生存的传统型利息收入占营业收入比重高达86%，无差异化竞争能力，资产质量恶化；随着全球金融体系朝向国际化及自由由，两岸于2010年6月29日签署“两岸经济合作架构协议”(ECFA)，更面临台湾地区金融市场开放，竞争更趋激烈。于2007年开始次贷危机的发生，使得原本经营不易的台湾区银行业更遭受到全球系统性金融危机无情的袭击，随着全球性金融创新不断地深化，而台湾地区银行业创新能力不足，如何面对全球金融系统性危机的发生？与日俱争的国际竞争压力？台湾区金融市场狭小而产生的过度竞争，致使微利的金融市场如何发展？银行业如何面对次贷危机而能在夹缝中求生存而能提升其经营效率？因此，本文研究台湾区银行业经营效率研究实具有十分重要的现实意义。本文基于银行业经营效率研究，结合金融危机理论、银行效率理论、金融危机对银行效率影响、组织与资源基础理论，探讨次贷危机前后台湾地区银行业经营效率的比较研究，并区分台湾区银行业为金控架构子银行及非金控架构下之独立银行，进行对比研究分析。结合数据包络法、共同边界效率评估、Malmquist生产力指数分析法及Tobit回归，实证分析次贷危机前后、金控子银行及独立银行，分别对比研究其组内及共同边界之技术效率值、纯技术效率值、规模效率值，及技术落差比率，利用Malmquist生产力对比分析(组内及共同边界)动态效率研究，及DEA-Tobit回归方法，研究影响台湾区银行业效率的因素。藉由以上的实证分析，找出无效率的来源及改进之道，并提出金控子银行与独立商业银行提升其经营效率的经营策略分析。本文研究台湾区银行业的产业特点、分析第一阶段的金融改革、第二阶段的金融改革，金融控股银行及台湾地区银行产业现况，剖析台湾地区金融法制改革过程及其相关影响，分析台湾地区金融监理问题，剖析台湾地区银行业发展问题及挑战，并分析提升台湾地区银行业竞争力的定性分析，充份了解台湾地区银行业及如何提升其效率及竞争力的做法。本文研究结果发现： (1)次贷危机对金控子银行生产力变动有很大的影响，显示金控子银行受金融危机影响较大，生产要素资源使用呈现较无效率情况，主要来自于平均技术变动和规模效率变动皆受金融危机影响而衰退。 (2)危机发生后，独立商业银行生产力变动优于金控子银行，显示有其独特的经营策略及核心竞争力的小而美银行，受次贷危机波及程度较小。 (3)金控子银行受次贷危机影响程度较大，原因是以寿险为主体的金控子银行有买到投资银行所发行的衍生性金融商品等。 (4)规模效率值方面，金控子银行无论金融危机前后皆优于独立商业银行。台湾地区银行业有66%处于规模报酬递增状态，显示银行业普遍存在规模过小情况，，未达规模经济。因应对策及策略：金控子银行其提升经营效率对策宜积极采取并购策略，寻找优质企业并加以并购以扩大不同属性客户群，充分发挥合并综效及提升范畴经济和规模经济效益，透过异业互补资源之不足。积极布局海外及中国大陆市场，透过ECFA两岸金融业的交流，扩大市场；并推出新种金融商品理财等，提供全方位的金融服务。独立商业银行其提升经营效率对策宜实行策略联盟或异业结合方式，并朝向独特的竞争优势，创造小而美的经营策略与价值。并应随着两岸金融业逐步松绑开放，积极拓展海外市场。台湾地区金融业皆需提升规模效率值，抢占市场中的占有率；积极拓展银行业创新程度，提升间接金融质量、加速直接金融发展。因应次贷危机需强化其风险管理：强化台湾地区的风险防范及监控、强化存款保险制度金融安全网。
[Abstract]:At present, the Taiwan region's banking industry profitability is the first in Asia, and the number of bank branches in the Taiwan region is as high as 6009 (until the end of August 2011). This density is half of the convenience stores, the financial market is small and excessive competition, and the traditional interest income on which it exists accounts for up to 86% of its operating income, and there is no difference in competition ability, The quality of the assets has deteriorated. As the global financial system is towards internationalization and freedom, the two sides signed the "ECFA) in June 29, 2010, which is more faced with the opening of financial markets in Taiwan and more intense competition.
The subprime crisis began in 2007, which made the Taiwan District banking industry, which was not easy to operate, suffered a merciless attack on the global systemic financial crisis. With the deepening of the global financial innovation and the lack of innovation ability in Taiwan, how to face the global financial system crisis? Pressure? Excessive competition in the narrow financial market of Taiwan District, how to develop the financial market of the small profit? How can the banking industry survive in the seam in the face of the subprime crisis and improve its operating efficiency? Therefore, it is of great practical significance to study the management efficiency of the banking industry in Taiwan.
Based on the research on the efficiency of banking business, this paper combines the theory of financial crisis, the theory of bank efficiency, the impact of the financial crisis on the efficiency of the bank, the theory of organizational and resource base, and the comparative study of the operational efficiency of the banking industry in Taiwan region before and after the subprime mortgage crisis, and distinguish the independence of the banking industry of the Taiwan district under the gold control structure sub bank and the non gold control framework. Based on the data envelopment method, the common boundary efficiency evaluation, the Malmquist productivity index analysis and the Tobit regression, the gold control sub bank and the independent bank before and after the subprime crisis are analyzed to compare the technical efficiency value, the pure technical efficiency value, the scale efficiency value, and the technology. The drop ratio, using Malmquist productivity comparison analysis (group and common boundary) dynamic efficiency research, and DEA-Tobit regression method, studies the factors affecting the banking efficiency in Taiwan district. By the above empirical analysis, we find out the source of inefficiency and the way to improve it, and put forward that the gold controlled bank and the independent commercial bank improve their operating efficiency. Business strategy analysis.
This paper studies the industrial characteristics of the banking industry in Taiwan District, analyzes the financial reform in the first stage, the second stage of financial reform, the financial holding bank and the Taiwan regional banking industry, analyses the financial legal reform process in Taiwan and its related effects, analyzes the problems of the financial supervision in Taiwan, and analyzes the development of the banking industry in the Taiwan area. And challenges, and analyze the qualitative analysis of enhancing the competitiveness of Taiwan's banking industry, fully understand Taiwan's banking industry and how to improve its efficiency and competitiveness.
The results of this paper are as follows:
(1) the subprime mortgage crisis has a great impact on the productivity changes of the gold control sub banks. It shows that the gold control banks are greatly affected by the financial crisis, and the use of production factor resources is less efficient, mainly from the decline of the average technological change and the change of scale efficiency all affected by the financial crisis.
(2) after the crisis, the productivity changes of independent commercial banks are superior to those of gold control sub banks, showing that the small and beautiful banks with their unique operating strategies and core competitiveness are less affected by the subprime crisis.
(3) the gold control sub bank is greatly affected by the subprime crisis, the reason is that the gold control sub bank, which is the main body of life insurance, has bought the derivative financial goods issued by the investment bank.
(4) in terms of scale efficiency value, gold control sub banks are superior to independent commercial banks before and after the financial crisis. 66% of the Taiwan regional banking industry is in a state of increasing returns to scale, showing that the banking industry is generally too small in scale and has not reached the scale of economies of scale.
Countermeasures and strategies:
The strategy of improving the operation efficiency of Jin control sub bank is to adopt M & a strategy actively, to find the high quality enterprises and to merge the different attributes of customers, to give full play to the combined effect and to improve the economic and scale economic benefits of the category. Through the shortage of complementary resources in different industries, the overseas and Chinese mainland markets are actively distributed through the ECFA cross-strait finance. Industry exchanges, expand the market, and introduce new types of financial products, such as financial management, to provide a full range of financial services.
The independent commercial bank should carry out the strategy alliance or the combination of different industry, and create small and beautiful business strategy and value towards the unique competitive advantage. And it should be gradually loosed and open, and actively expand the overseas market.
The financial industry in Taiwan needs to improve the scale efficiency value, seize the share in the market, actively expand the innovation degree of the banking industry, improve the indirect financial quality and accelerate the direct financial development. Because of the subprime crisis, it should strengthen its risk management, strengthen the risk prevention and supervision of the Taiwan region, and strengthen the deposit insurance system financial safety net.
【学位授予单位】：南开大学
【学位级别】：博士
【学位授予年份】：2012
【分类号】：F832.7;F831.59

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