Research on merger strategies and management performances of finance holding companies in Taiwan

• Main Authors: Cheng,Shu-Chin, 鄭淑琴
• Other Authors: Tseng,Ming-Shen
• Format: Others
• Language: zh-TW
• Published: 2007
• Online Access: http://ndltd.ncl.edu.tw/handle/36287860561611494164

碩士 === 佛光大學 === 經濟學系 === 95 === In November, 2001, “Financial Holding Company Law” was implemented official, which allows conglomerate among banking industry, insurance business and securities business, and provides source of Law for the domestic financial organ to carry on business merger and conglomerate. In recent years, under the tendency of international economic liberalization, the government opens its door for establishing the financial related industry. Furthermore, domestic financial organs confront the challenge from the international financial industry and other industries entering the market after Taiwan joined WTO. This results in gradually disappearance of the original protection and the limit, intense competition among the financial related industry, and rapid drop about the profit. The related entrepreneurs hope to accelerate financial industry to be enlarged, liberalized and internationalized, to rally the financial constitution, and to enhance international competitive advantage by opening financial industry conglomerate. The government also hopes to achieve the objective of cultivating international competitive financial holding companies by promoting finance integration. There are so many researches related to financial holding companies. However, most of them only aim at research and analysis of sole or minority financial holding company with successful merging performances. Few have unusually done the research of all 14 established financial holding companies. This research bases on finance holding company merging cases in recent years, and analyzes merging performances by capital structure, property scale, sales channels and profit condition. This research also discusses the strength and weakness of key management strategies of various financial holding companies. Thus key successful factors of management schemes, performing strategies and solutions during the merger can be excavated, and the lasting management competitive advantage can be established.