| Summary: | 碩士 === 國立雲林科技大學 === 財務金融系碩士班 === 100 === The traditional method of studying bank’s performance puts more focus on analysis of financial samples, yet recently there are some documents adopted efficiency and productivity to estimate instead, especially the usage of Data Envelopment Analysis, DEA. This study will use non-radical DEA to measure the technical efficiency of wealth management IPO of 21 banks in Taiwan between the year of 2006 to 2011. And also uses the SBM-based Malmquist Index to measure the changes of total factor productivity and the sources of changes of 21 banks’ wealth management IPO between 2006 to 2011. This paper uses the fund performances of IPO mutual funds as basis, the amount of officers and branches after the establishment of the department of money- management as input, and the amount of IPO funds established by the division of wealth management, fee income and the scale of fund raising, storage fee income and management fee income as output, using non-traditional DEA to estimate efficiency, and analyse efficiency of the IPO of the division of wealth management.
The empirical results indicate tha (1) This study uses the SBM-based Malmquist Index to measure the changes of total factor productivity and the sources of changes, of the matter of geometric mean, the technical efficiency of 21 banks’ money- management IPO improved 106.22% in the year of 2006 to 2011, while the technological changes improved 16.07%, and the total factor productivity improved 70.03%. In whole, the performance of 21 banks’ wealth management IPO was excellent in tachnical efficiency. (2) 21 banks’ wealth management IPO are all improved in technical efficiency and technological changes. (3) Malmquist Index shows that the total factor productivity of 19 banks’ IPO was improved, only 2(Chinatrust and Chang Hwa Bank) got worse. And the Malmquist Index shows that the total factor productivity of 10 banks’ IPO were improved.
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