金控子銀行獲利能力評估-Malmquist生產力指數應用,2006~2009

Abstract

獲利是企業經營者的責任，企業應能持續維持良好的獲利能力，才得以維持正常的營運，也才能持續累積資本及投資。2001年「金融控股公司法」通過後，金融控股公司陸續成立，並希望透過銀行通路整合行銷，以達到最佳營運綜合績效，卻在2006年雙卡風暴之後，因美國接著陸續發生一連串金融事件，並影響全球且衍生為全球金融海嘯，全球經濟瞬間萎縮，使得國內銀行業者獲利更是雪上加霜。因此，本研究以銀行的獲利能力為研究標的，並以上市櫃金控子銀行為研究對象，同時藉由 Färe et al.（1994）的Malmquist 生產力指數分析，針對2006年至2009年全球金融海嘯期間的跨期獲利表現進行分析。研究結果顯示：於2006至2009年間整體金控子銀行的獲利平均生產力趨勢呈現衰退情形，就個別銀行而言，謹有兆豐國際商業銀行及中國信託商業銀行二家銀行在獲利產出績效的表現是顯著的，而日盛國際商業銀行則是獲利能力最差者。

Making more benefit and profit is the most important duty for the operator in an enterprise. The better profitability an enterprise has, the better the enterprise runs and it will be able to set to work accumulating capital and investment. In 2001, the financial holding company law was made by the government that urged the merge of the banks and the establishment of financial holding companies to enhance the competitive strength and the profit of the banks. However, the crisis of the credit card and cash card affected continual bank events and caused the Global Financial Crisis. The global economic contraction was seriously reducing the profit of the banks. Therefore, the research analyzes the profitability performance from 2006 to 2009 of the financial holding company subsidiary banks with the Färe et al. (1994) Malmquist productivity index. The conclusions of this research are as follows. First, from 2006 to 2009, the average profitability performance of the whole financial holding company subsidiary banks tended to decline. Second, to individual bank, only Mega International Commercial Bank and Chinatrust Commercial Bank have better profitability performance, and Jih-Sun International Bank has the worst profitability performance.