The Influence of Agricultural Financial Reform on the ProfitEfficiency and Risk of the Credit Department of Farmers’Association.

• Main Authors: Wan-Ching Chang, 張琬晴
• Other Authors: Jin-Jou Dai
• Format: Others
• Language: zh-TW
• Published: 2009
• Online Access: http://ndltd.ncl.edu.tw/handle/11858876055795714459

碩士 === 朝陽科技大學 === 財務金融系碩士班 === 97 === In order to improve the performance of the credit department of farmers’ association and build up an agricultural finance system, Taiwan announced the regulations in the agricultural finance in 2003 and established the bureau of agricultural finance in 2004, and the Taiwan agricultural bank in the next year. The data of 178 credit departments of the farmers’ associations over the period of 1996-2007 were collected in this study. A profit function was estimated under the consideration of risks inefficiency. The efficiency index for each credit department of the farmers’ association was calculated by using the regression results. Moreover, regression models for risk and inefficiency indexes were built up to study what factors would influence these indexes. The empirical results showed the credit department of farmers’ association could reduce profit inefficiency by increasing its assets size, loans-deposits ratio, and employees’ education degree. When the farmers’ association credit department has more branches, higher overdue loan ratio, or lower capital stability, its profit risk will be higher. Furthermore, the economic growth and the establishment of the Taiwan agricultural bank both reduced the profit risk of the credit departments.