| Summary: | 碩士 === 大葉大學 === 管理學院碩士在職專班 === 103 === The followings are the empirical results from chapter four : the higher the ratio
of managerial ownership of banking sectors, the better its corporate performance,
showing a significantly positive correlation between the two; the higher percentage of
large shareholders’ ownership of the banks, the worse its corporate performance,
showing they are significantly negatively correlated ; the larger of the directors and
supervisors of the banks, the worse its corporate performance, which are significantly
negatively correlated ; the higher the ratio of the external directors and supervisors of
the banks, the better its business performance, showing they are significantly
positively relevant ; when the chairman also acts as the general manager, corporate
performance will be negatively correlated ; the larger the banks , the better its
corporate performance, showing a significant and positive correlation ; the higher the
debt ratio of the bank , the poor its corporate performance, showing a significantly
negative correlation between them; quantitative easing policy and management
performance are significantly correlated .
There is some difference from different periods of time : the relation between
directors' shareholding ratio and return on equity before the financial crisis ( 2004 ~
2006 ) was positively related, in the financial crisis ( 2007 ~ 2008 ) was negatively
correlated, and after the financial crisis ( 2009 ~ 2013 ) was not significantly related ;
as for institutional investors’holding rate and return on assets, they were significantly
not related either before the financial crisis ( 2004 ~ 2006 ) or after the financial crisis
( 2009 ~ 2013 ), they were positively related only in the financial crisis ( 2007 ~
2008 ), showing the increase of institutional investors’holding rate in the financial
crisis period indeed helped corporate performance.
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