AN ANALYSIS OF THE EFFICIENCY OF THE CREDIT DEPARTMENT OF FARMERS'' ASSOCIATIONS IN TAIWAN: A COMPARISONS BEFORE AND AFTER THE ESTABLISHMENT OF THE FINANCIAL RESTRUCTURING FUNDS

• Main Authors: Yu-chi Chen, 陳鈺琪
• Other Authors: Ming-che Chien
• Format: Others
• Language: zh-TW
• Published: 2005
• Online Access: http://ndltd.ncl.edu.tw/handle/94929846185256395668

碩士 === 南華大學 === 財務管理研究所 === 93 === 　　This study employed the Data Envelopment Analysis (DEA) to compare the difference in efficiency of the credit departments of farmers’ associations in Taiwan before and after the Establishment of the Financial Restructuring Funds. The results are as follows: 　 1. The operating efficiency of the credit department of farmers’ associations has significantly deteriorated since 2000. The key reason of the inefficiency is mainly resulted from the mis-Nse of resources, meaning that the production resources have not been allocated effectively, resulting in a waste of resources and costs. 2. After the Financial Restructuring Funds were formally established in 2001, it took over the troubled financial institutions, and the average overall efficiency of the credit department of farmers’ associations was improved. But this improvement mainly comes from the samples excluding those been taken over. Although the Financial Restructuring Funds took over several credit departments of farmers’ associations in 2002, the average overall efficiency was still decreasing rather than increasing. The allocative efficiency decreased most significantly. 3. After the establishment of the Financial Restructuring Funds, an average of 42% of resources in respect to the operating efficiency of the credit department of farmers’ associations were still wasted. Although the government established the Financial Restructuring Funds to deal with troubled financial institutions in a positive manner, it seemed to have less impacts on the policymakers of the departments of farmers’ associations. Operating inefficiency is continuously degenerating. 4. The operating efficiency of the credit departments of farmers’ associations is found to be influenced by the renewal of secretary general’s term, number of branches, overdue loan ratio, and the deposits to loans ratio.