| Summary: | 碩士 === 國立虎尾科技大學 === 企業管理系經營管理碩士在職專班 === 104 === This study investigates whether banks under the financial holding company (FHC) structure can enhance operating efficiency through cross-sectional banking mergers and acquisitions (M&As).The sample is taken from 39 domestic banks during the years 2011 to 2015. Input variables includenumber of employees, operating expenses, and total deposits,while output variables are total loans and bills purchased and discounted, and operating revenues. Data envelopment analysis (DEA) is applied to measure operating efficiency and malmquist productivity index of sample banks. Afterwards, a Kruskal-Wallis oneway analysis of variance is used to compare the performance of banks belonging to part of FHC with that of independent banks other than FHC subsidiaries.
The results show that the in comparison of the operational efficiency and the pure technical efficiency of the FHC banks with the ordinary independent banks that doesn’t belong to the financial holding system, there is no significant differences. However, there is significant difference in the scale efficiency. Besides, the both have no significant difference in every related index of the productivity change. However, before and after the establishment of the financial holding, there is difference in the changes of the scale efficiency of the sub-bank. Other index of the productivity change has no difference. The result of the research is helpful to understand the current resource utilization efficiencysituations and the overall operating performance to be the reference for the operators. By the macro-control, the resources can be distributed and used effectively.
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