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| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 劉順仁 | zh_TW |
| dc.contributor.advisor | Shuen-Zen Liu | en |
| dc.contributor.author | 華浤安 | zh_TW |
| dc.contributor.author | Hung-An Hua | en |
| dc.date.accessioned | 2024-07-23T16:08:22Z | - |
| dc.date.available | 2024-07-24 | - |
| dc.date.copyright | 2024-07-23 | - |
| dc.date.issued | 2024 | - |
| dc.date.submitted | 2024-07-22 | - |
| dc.identifier.citation | Abdesslem, R. B., Chkir, I., and Dabbou, H. 2022. Is Managerial Ability a Moderator? The Effect of Credit Risk and Liquidity Risk on the Likelihood of Bank Default. International Review of Financial Analysis, 80, 102044.
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| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/93176 | - |
| dc.description.abstract | 本研究旨在探討新冠疫情對於銀行業ESG與財務績效的影響，以及影響銀行ESG實際活動－紓困參與程度的因素。實證結果顯示疫情期間銀行ESG績效下降，而股東權益報酬率上升，但均未達到顯著水準。此外，存放款利差於疫情期間顯著下降。進一步分析發現公股銀行之ESG績效較佳，但疫情期間其存放款利差顯著較低，此係公股銀行的紓困參與程度顯著較高所致。新冠肺炎疫情反轉創新與ESG績效的關聯性，使其由負轉正；疫情期間，創新程度越高則股東權益報酬率越低但存放款利差卻越好。新冠肺炎疫情前高階管理團隊共享經驗越高則股東權益報酬率越高，而疫情會減緩此關聯性。就紓困參與程度而言，ESG績效與紓困參與程度呈現顯著負相關，顯示ESG績效與紓困參與程度存有脫鉤的情形，亦為社會洗滌現象。此外，股東權益報酬率與紓困參與程度亦呈現顯著負相關。本研究亦額外分析影響ESG績效與紓困參與程度脫鉤的因子，並分析公股銀行與非公股銀行的異同之處。本研究的結果可供投資人作為制定投資決策時的參考。 | zh_TW |
| dc.description.abstract | This study aims to explore the impact of the COVID-19 pandemic on the ESG (Environmental, Social, and Governance) performance and financial performance of the banking industry, as well as the factors influencing banks’ actual ESG activities, specifically bailout engagement. The empirical results indicate a decrease in ESG performance and an increase in return on equity during the COVID-19 pandemic, although neither change is significant. Additionally, banks’ interest rate spreads declined significantly during the COVID-19 period. Further analysis reveals that state-owned banks exhibit better ESG performance but have a lower interest rate spread during the pandemic, which is attributed to their higher bailout engagement. During the COVID-19 pandemic, the correlation between innovation and ESG performance reversed from negative to positive, with higher innovation associated with lower return on equity and higher interest rate spreads. Before the pandemic, greater shared experience within the top management team (TMT) was associated with higher return on equity; however, this correlation weakened during the pandemic. In terms of bailout engagement, ESG performance is negatively correlated with bailout engagement, indicating a decoupling, often referred to as social washing. Additionally, return on equity is negatively associated with bailout engagement. This study also analyzes the factors affecting the decoupling between ESG performance and bailout engagement and the differences between state-owned and non-state-owned banks. The findings of this study can serve as a reference for investors when making investment decisions. | en |
| dc.description.provenance | Submitted by admin ntu (admin@lib.ntu.edu.tw) on 2024-07-23T16:08:22Z No. of bitstreams: 0 | en |
| dc.description.provenance | Made available in DSpace on 2024-07-23T16:08:22Z (GMT). No. of bitstreams: 0 | en |
| dc.description.tableofcontents | 誌謝 i
摘要 iii Abstract iv Table of Content v List of Figure vii List of Tables vii 1. Introductions 1 2. Literature Review 7 2.1. The Status and Importance of the Banking Industry and the Situation in Asia 7 2.2. COVID-19 Pandemic and Bailout Policies 9 2.3. Bank Performance 13 2.3.1. ESG Performance 13 2.3.2. Financial Performance 18 2.4. Characteristics of a Bank 19 2.4.1. State-Owned Banks 20 2.4.2. Innovation 22 2.4.3. TMT Ability 25 2.4.4. TMT Shared Experience 27 2.4.5. TMT Diversity 28 3. Hypothesis Development 30 3.1. COVID-19 Pandemic, Characteristics, and Performance 30 3.1.1. State-Owned Banks 30 3.1.2. Innovation 31 3.1.3. TMT Ability 31 3.1.4. TMT Shared Experience 32 3.1.5. TMT Diversity 33 3.2. Bailout Engagement 35 3.2.1. Bank Performance 35 3.2.2. Characteristics of a Bank 36 3.3. Conceptual Framework 38 4. Research Design and Methodology 39 4.1. Variable Constructions 39 4.1.1. Bank Performance 39 4.1.2. Bank Characteristics 40 4.1.3. COVID-19 Period 45 4.1.4. Bailout Engagement 45 4.1.5. Control Variables 46 4.2. Main Research Design 47 5. Empirical Results 48 5.1. Data and Sample Selection 48 5.2. Descriptive Statistics, Pearson Correlations, and t-tests 48 5.3. Main Results 50 5.3.1. ESG and Financial Performance during the COVID-19 Pandemic 50 5.3.2. Bailout Engagement 52 6. Robustness Checks and Additional Analysis 54 6.1. The Moderating Effect of Factors on the Relationships between ESG Performance and Bailout Engagement 54 6.2. The Moderating Effects of State-Owned Banks in Bailout Engagement 55 6.3. Different Aspects of ESG Performance 58 6.4. Alternative Measurement of Bailout Engagement 60 7. Conclusion 61 Reference 80 Appendix 1 Variable Definitions 95 | - |
| dc.language.iso | en | - |
| dc.title | 新冠肺炎疫情期間台灣銀行業ESG與財務績效之研究 | zh_TW |
| dc.title | A Study on ESG and Financial Performance of Taiwan Banks during the COVID-19 Pandemic Period | en |
| dc.type | Thesis | - |
| dc.date.schoolyear | 112-2 | - |
| dc.description.degree | 博士 | - |
| dc.contributor.oralexamcommittee | 戚務君;王衍智;劉心才;王貞靜 | zh_TW |
| dc.contributor.oralexamcommittee | Wu-Chun Chi;Yan-Zhi Wang;Hsin-Tsai Liu;Chen-Chin Wang | en |
| dc.subject.keyword | 新冠肺炎,ESG績效,紓困政策,財務績效,銀行特性,高階管理團隊, | zh_TW |
| dc.subject.keyword | COVID-19,ESG performance,financial performance,bailout policy,bank characteristics,top management team, | en |
| dc.relation.page | 96 | - |
| dc.identifier.doi | 10.6342/NTU202401324 | - |
| dc.rights.note | 同意授權(全球公開) | - |
| dc.date.accepted | 2024-07-23 | - |
| dc.contributor.author-college | 管理學院 | - |
| dc.contributor.author-dept | 會計學系 | - |
| dc.date.embargo-lift | 2029-06-25 | - |
| 顯示於系所單位： | 會計學系 | |
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