頁籤選單縮合
題 名 | 兩稅合一前後臺灣地區新舊銀行的效率及生產力分析=The Efficiency and Productivity of Taiwan's Banks before and after Income Tax Integration |
---|---|
作 者 | 許義忠; 謝昇翰; | 書刊名 | 經社法制論叢 |
卷 期 | 42 2008.07[民97.07] |
頁 次 | 頁119-150 |
分類號 | 562.29 |
關鍵詞 | 兩稅合一; 資料包絡分析法; Malmquist生產力指數; Tobit; Tax unification; Data envelopment analysis; Malmquist productivity change index; |
語 文 | 中文(Chinese) |
中文摘要 | 本文主要係探討政府實施兩稅合一之後,是否對新舊銀行的經營效率有重大影響,藉此了解稅制的改革對銀行的衝擊大小,並以Tobit模型找出影響銀行效率值之因素,以補國內文獻之不足。本文研究期間為民國85年至民國89年,以國內33家上市上櫃銀行為樣本,並透過三階段分析法對銀行的經營效率進行探討。首先,在第一階段中採用資料包絡分析法(DEA)計算出各個銀行的效率值;第二階段則利用Malmquist生產力變動指數對各銀行之生產力進行跨期分析;最後則利用Tobit迴歸模型探討外生變數對銀行效率值有何影響。實證結果顯示:(1)兩稅合一實施後,舊銀行由於在管理經驗上較為豐富及純熟,使其在面對政策法令改變影響下,依然能穩定其經營。同時,在資源決策與控管以及生產力方面亦較新銀行的表現突出。(2)透過Tobit迴歸分析發現,有效稅率對技術效率值及純技術效率值有顯著負向的影響;而分行數對技術效率值及規模效率值為顯著負向關係,對純技術效率值則呈顯著正向關係;另外資本適足率對技術效率值及純技術效率值有顯著的正向影響;最後,亞洲金融風暴對技術效率值及規模效率值有正向顯著之影響。 |
英文摘要 | The purpose of this paper is to examine the effect of tax unification on the operational performance of Taiwan's banks following its implementation. The period covered by this study extends from 1996 to the year 2000, and 33 domestic banks that are listed on either the local stock or OTC markets make up the sample. The discussion of the operational performance of these banks involves a three-stage process. The first stage involves first of all using data envelopment analysis to calculate each bank's efficiency scores to evaluate each bank's operational performance. In the second stage, Malmquist productivity change indices are adopted to engage in cross-period analysis for each bank. Finally, the Tobit regression model is employed in order to analyze the relationship between the exogenous variables and efficiency. The findings are as follows: (1) The measures adopted by each bank in response to the implementation of the unified tax system differ, to the extent that their operational performance varies as a result. However, when the respective performances of the banks are considered as a whole, the implementation of tax unification is indeed found to affect the operational performance of Taiwan's banks. In terms of their policies and controls over resources, the old banks are seen to perform better than new banks following the implementation of a unified tax system. (2) From the Tobit regression analysis, it is discovered that the effective tax rate has a negative influence on the efficiency values and pure efficiency values, whereas the number of banks has a negative influence on the efficiency values and scale efficiency values, but has a positive influence on pure efficiency values. Capital adequacy ratios have a positive influence on efficiency values and pure efficiency values. Asia Financial Crisis has a positive influence on efficiency values and scale efficiency values. |
本系統中英文摘要資訊取自各篇刊載內容。