| Summary: | 博士 === 朝陽科技大學 === 企業管理系台灣產業策略發展博士班 === 105 === The main research procedure of this paper is described below：First of all, we will conduct an assessment of the "insider trading" and "information plane suspension trading mechanism" , to help the stock market investors to understand the correct concept of investment in the rule of law. Second, we use game theory to explore when facing the financial industry at the same time introduce similar nature of the new goods, or facing foreign banks join the domestic market competition, and the bank and the borrower set for the contestants and other circumstances doing the banking decision-making behavior analysis.Finally, we take domestic bank branches as a case, using the grey generation model GM (0, N) and grey relational analysis to reestablish a set of more objective evaluation criteria as the basis for the domestic banking industry to formulate its annual operational target and evaluate the operating performance of the business unit, and then according the results of this assessment to give business units operating performance ranking. The main contents of this paper are as follows:
First of all, this article through literature discussion and judicial judgments, etc., to carry out the assessment and discussion of the securities market transactions and court-related judgments. We can find that the Supreme Court mostly ruled that the insider trading ban only was that the insider had "the news that the issuing company had a significant impact on its stock price" and that "before the news was published, stock, buy or sell” the two elements of the form that is established, which do not specify the subjective purpose of the subject. It seems to be contrary to the view of the current judicial practice and academics that “the criminal law are aimed not only in punishing or deterring the perpetrators of committing crimes, but also on the anti-social character of the perpetrators and preventing their recidivism in order to maintain the safe development of society.” In addition, the implementation of the " Message surface suspension trading mechanism" is to give investors plenty of time to understand significant message. However, although the idea of the suspension of the trading system is good, but whether it can play to prevent information asymmetry and insider trading malpractice still remain many issues to be clarified, and application of the transaction suspension, for fear of being tools that people manipulate the market and insider trading, because stock trading is often the way the company invest or dispatch financial, carrying out the sale is not yet to be identified as insider trading, but should be based on the evidence "evidence is doubt, in favor of the defendant," to judge, in line with the current has gradually become the mainstream of the main objective and objective judgment criminal law theory.
Secondly, this paper uses game theory to explore bank’s operating strategies. The results showed that when the two competing banks are planning to launch new financial products with similar properties, they can at the same time convert the game into a sequential tournament and then use the preemptive strategy to gain competitive benefits, or at different times to launch different products to create a win-win situation for both sides of the competition. When foreign banks want to enter the domestic financial market, this time the competition between the two sides of the game strategy was (enter, the original price), in order to avoid falling into the vicious competition. Finally, the higher (lower) the price of the collateral for bank auctions were, the higher the probability the debtor will take. Therefore, when the bank industry handle the loans, the borrower's claim for the amount of collateral is often one of the main basis for the borrower to take the default strategy. Finally, we take the performance of a domestic banking industry as a research object to collect the business assessment, management performance, employee contribution, earnings reach rate, earnings growth rate and risk assets of the 27 branches of the bank in 2015 Rate and credit risk of seven performance projects as the analysis factor, using grey GM (0, N) way to analyze the weight of the above factors. The results showed that the two factors of earnings achievement and earnings growth contribute the most to operating performance, and the remaining factor ranking followed by earnings achievement rate, earnings growth rate, credit risk weight, employee contribution, management performance, risky asset yield and business assessment. In addition, this paper uses partial grey correlation degree to analyze the rank of each branch's annual performance, and obtain the A13, A26, A8 and A27 respectively. Performance behind the units are A22, A11, A1, A10 and A9 respectively, and the rest are medium units. The above results are in accordance with the current bank practice evaluation results. It shows that if the banking industry wants to achieve better performance, we must pay special attention to the achievement of the target of the branch's surplus.
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