English  |  正體中文  |  简体中文  |  Items with full text/Total items : 88295/117812 (75%)
Visitors : 23400851      Online Users : 117
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Tips:
  • please add "double quotation mark" for query phrases to get precise results
  • please goto advance search for comprehansive author search
  • Adv. Search
    HomeLoginUploadHelpAboutAdminister Goto mobile version
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/76691


    Title: A study of production efficiencies of integrated securities firms in Taiwan
    Authors: Wang, Kuo-Liang;Tseng, Y.-T.;Weng, C.-C.
    王國樑
    Contributors: 經濟系
    Keywords: economy of scale;financial services;firm size;technical efficiency;Taiwan
    Date: 2003-03
    Issue Date: 2015-07-20 17:21:26 (UTC+8)
    Abstract: Based on the 1991-1993 data of integrated securities firms in Taiwan, this article first uses DEA to assess pure technical, scale, cost and allocative efficiencies of each firm, and then applies the Tobit censored regression model to investigate the determinants of each efficiency measure. The regression results show that firm size has a positive impact on pure technical, scale and cost efficiences. The impacts of a firm's service concentration on pure technical and scale efficiencies are positive, but its impact on allocative efficiency is negative. Firms with a branch or branches are less efficient than those without any branch in terms of pure technical, scale and cost efficiencies. Firms with low operating risks are more efficient than those with high operating risk in terms of cost and allocative efficiencies. Competition pressure forces integrated securities firms to improve their pure technical and cost efficiencies, and shrinks the differences of pure technical efficiency among them in 1993.
    Relation: Applied Financial Economics, 13(3), 159-167
    Data Type: article
    DOI 連結: http://dx.doi.org/10.1080/09603100110111105
    DOI: 10.1080/09603100110111105
    Appears in Collections:[經濟學系] 期刊論文

    Files in This Item:

    File Description SizeFormat
    159-167.pdf151KbAdobe PDF375View/Open


    All items in 政大典藏 are protected by copyright, with all rights reserved.


    社群 sharing

    著作權政策宣告
    1.本網站之數位內容為國立政治大學所收錄之機構典藏,無償提供學術研究與公眾教育等公益性使用,惟仍請適度,合理使用本網站之內容,以尊重著作權人之權益。商業上之利用,則請先取得著作權人之授權。
    2.本網站之製作,已盡力防止侵害著作權人之權益,如仍發現本網站之數位內容有侵害著作權人權益情事者,請權利人通知本網站維護人員(nccur@nccu.edu.tw),維護人員將立即採取移除該數位著作等補救措施。
    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback