The Impact of Mergers & Acquisitions on the Efficiency of Taiwan''s Property and Casualty Insurance Industry

碩士 === 南華大學 === 財務金融學系財務管理碩士班 === 100 ===   The relevant literature shows that mergers and acquisitions (M&As) can enhance operational efficiency. The property and casualty insurance industry in Taiwan is a very competitive business. The property and casualty insurers are highly regulated and...

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Bibliographic Details
Main Authors: Yu-chang Lin, 林佑昶
Other Authors: Cheng-po Lai
Format: Others
Language:zh-TW
Published: 2011
Online Access:http://ndltd.ncl.edu.tw/handle/08086153334741969488
Description
Summary:碩士 === 南華大學 === 財務金融學系財務管理碩士班 === 100 ===   The relevant literature shows that mergers and acquisitions (M&As) can enhance operational efficiency. The property and casualty insurance industry in Taiwan is a very competitive business. The property and casualty insurers are highly regulated and are subject to numerous legal restrictions and regulations. As a result, the impact of M&A on operating efficiency is needed to research.     In this study, we used Data Envelopment Analysis (DEA) and Malmquist Index to evaluate the operational efficiency of property and casualty insurers in Taiwan. The effect indicates that the property and casualty insurers in Taiwan are progressively improving during the period. Finally, the company''s manage efficiency of M&As is equivalent to that without M&As in Taiwan''s property and casualty insurance industry.