English  |  正體中文  |  简体中文  |  Post-Print筆數 : 27 |  Items with full text/Total items : 96274/126892 (76%)
Visitors : 32292607      Online Users : 263
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
    政大機構典藏 > 商學院 > 金融學系 > 期刊論文 >  Item 140.119/72071
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/72071

    Title: Does Financial Restructuring Change the Relationship between Corporate Governance and the Static and Dynamic Efficiency of Bank Mergers in Taiwan?
    Authors: 李桐豪
    Lee, Tung-Hao;Chih, Shu-Hwa
    Contributors: 金融系
    Keywords: bank merger;corporate governance;data envelopment analysis;financial restructuring;static and dynamic efficiency
    Date: 2014-03
    Issue Date: 2014-12-15 18:04:58 (UTC+8)
    Abstract: Taiwan's Financial Restructuring Fund Statute was enacted in 2001. This study is unique in simultaneously considering Taiwan's corporate governance, bank mergers, and the financial restructuring scheme. Unlike other literature that investigates only the characteristics of corporate governance that affect the concurrent static efficiency of bank mergers, we further use the dynamic slacks-based measure to examine the persistent and intertemporal effects on the dynamic efficiency of bank mergers. The results of this study show that major shareholders of acquiring banks have greater controlling power to decide whether to merge during the financial restructuring period. A bank merger using the financial restructuring scheme has less static and dynamic efficiency in the short run but gradually increased static and dynamic efficiency in the long run. Such an observation is consistent with the hypothesis that controlling shareholders pursue long-term efficiency in a bank merger.
    Relation: Emerging Markets Finance and Trade, 50, 189-201
    Data Type: article
    DOI 連結: http://dx.doi.org/10.2753/REE1540-496X5002S213
    DOI: 10.2753/REE1540-496X5002S213
    Appears in Collections:[金融學系] 期刊論文

    Files in This Item:

    File Description SizeFormat
    189-201.pdf494KbAdobe PDF699View/Open

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

    社群 sharing

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback