| Summary: | 碩士 === 國立彰化師範大學 === 企業管理學系 國際企業經營管理(IMBA) === 103 === To reduce the effect of over-banking and improve the performances of Taiwan banking industry, regulator passed the Financial Institutions Merger Act and Financial Holding Company Act in 2000 and 2001, respectively. Thus, the banks are allowed to consolidate the security firms and insurance subsidiaries. To obtain the growth through cross-selling and scope economy, some of the banks has established insurance brokerage firms. However, little previous work has examine this effect. The objective of this study is to investigate the impact of consolidating insurance brokerage firms on the bank performance. The sample consist of 38
domestic banks existed between 2008 and 2013. The empirical
implementation proceed as a two-stage approach. First, a DEA-based Meta-frontier model is utilized to estimate the cost efficiency of sample banks. Then, a Tobit regression is used to capture the relationship between the consolidation of insurance brokerage firms and bank performances in line with several control variables. The empirical finding suggest the existence of a significant negative relationship between the consolidation of insurance brokerage firms, number of branch and bank cost efficiency. Consistent with previous study, the result also indicate a significant positive size effect.
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