台灣金融機構不良債權清理模式-準外化與準內化制度之比較

• Main Authors: Benson P.H.Tsai, 蔡炳輝
• Other Authors: Dr.Kuo-hsiung Chang
• Format: Others
• Language: zh-TW
• Published: 2005
• Online Access: http://ndltd.ncl.edu.tw/handle/88878932037611165899

碩士 === 東海大學 === 管理碩士學程在職進修專班 === 93 === Over the past five years, especially peak in 2001, delinquent ratio of the financial institutions in Taiwan has received a historical-record amount of attention from a broad range of the country. Evidence of this attention takes many forms, the most visible being the implementation of RTC, set-up by the government recently with amount of NT$140 billions initially, to recover the poor financial assets. The second way out to minimize the delinquent ratio is permission to incorporate the 「Asset Management Company, AMC」, which has privilege to acquire the Non-Performing-Loan (NPL) of the financial institutions officially. And in the period of 2002~2004, total amount of NT$ 477.8 billions’ NPL were transferred to various AMC. From the perspectives of transaction cost, agency cost, and resource-based views, the study through a comprehensive case will stress on the correlational performance analysis between the models of AMC (so-called quasi-externalization) and OEM/ODM (so-called quasi-internalization) in dealing with the resolution of NPL. As a result, the study has reached the following propositions: Holding all else equal, the  uncertainties of the economic environment and technological employment  information asymmetries  agency problems  core competence, will influence the decision-making upon selecting the NPL resolution models. And the final performance of quasi-internalization model has a higher opportunity to better than that of quasi-externalization model.