碩士 / 中原大學 / 企業管理研究所 / 92 / Abstract
To promote the efficiency of banking industry and heighten the position of international finance in Taiwan, the government established the Offshore Banking Units(OBU) in 1983 to upgrade the financial services. Recently, in order to make OBU become the fund dispatching center of Taiwan traders, the Ministry of Finance declared that OBU can correspond with financial institutions in mainland China directly started on Nov. 16th, 2001. Firstly, this study will use Translog Cost Function to investigate what factors influence OBU’s operating cost during 1995 to 2002. Then, this study will separate the 35 OBU into two groups (In terms of capital size), we use the Panel Data of fixed and random effects models to analysis the operating performance of the 35 OBU in Taiwan from 1995 to 2002.
To investigate the factors that influence OBU’s operating cost, the results show that only the labor price has a negative impact on total cost. It means that the way to decrease OBU’s operating cost is to plan labor cost carefully, streamline the organization, and recruit the professional. About the other independent variables, because of the lack of financial operation experience and the professional, resource gaining from the accumulated investment can’t allocate effectively. Increasing short-term loan will reduce the risk of operation and minimize operating cost. In addition, by raising interest expense to get more overseas capital and holding less fixed assets to promote liquidity will elevate operating performance.
About the OBU performance in Taiwan, this study used inefficiency index as dependent variable, and corresponding with China financial institutions directly, ratio of liability division equity, deposit interest rate, ratio of deposit and loan, ratio of interest expensive and revenue, ratio of current asset, preparing raio of deposit, ratio of operating profit, ratio of net interest, and growth rate of operating revenue as independent variables. The results show that corresponding with China financial institutions directly has a positive impact on inefficiency index. It means without examining risk analysis, it is harmful for OBU performance to correspond with China financial institutions in a hurry. Furthermore, increasing its own reserves to strengthen capital adequacy, raising deposit interest rate to attract more foreign capital, raising the professional of finance , and taking the advantage of scope economic to increase operating profit will elevate OBU performance.
Besides, OBU with large capital should heighten interest on deposit to attract more overseas capital to increase the amount of loans, keep more current assets to deal with decreasing deposit and increasing loans, and avoid engaging with monetary speculation. It will make OBU operate more effectively. OBU with less capital should reduce the amount of loans, keep less current assets, that will reduce the waste of operating cost.
| Identifer | oai:union.ndltd.org:TW/092CYCU5121053 |
| Date | January 2004 |
| Creators | Yu-Ying Wang, 王譽穎 |
| Contributors | Jo-Hui Chen, 陳若暉 |
| Source Sets | National Digital Library of Theses and Dissertations in Taiwan |
| Language | zh-TW |
| Detected Language | English |
| Type | 學位論文 ; thesis |
| Format | 89 |
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