Please use this identifier to cite or link to this item:
https://ah.lib.nccu.edu.tw/handle/140.119/140597| 題名: | 純網路銀行的興起對傳統銀行的影響： 以中國及日本為例 The impacts of the development of internet-only banks on conventional banks: Evidence from China and Japan |
作者: | 陳冠潔 Chen, Kuan-Chieh |
貢獻者: | 張興華 Chang, Hsing-Hua 陳冠潔 Chen, Kuan-Chieh |
關鍵詞: | 純網路銀行 共同邊界 技術效率 Malmquist生產力 產出距離函數 Internet-only banking Meta-frontier Technical efficiency Malmquist productivity index Output distance function |
日期: | 2022 | 上傳時間: | 1-Jul-2022 | 摘要: | 純網路銀行以非典型金融機構之姿成為市場參與者，本文為觀察新型態銀行的加入對傳統銀行的效率與生產力之變化，以產出導向距離函數對中國與日本進行分析。研究結果顯示，中國純網路銀行成為金融市場參與者之後，確實可以有效提升產業的效率，而日本反之。其次，以兩國純網路銀行進行探討，雖然中國的共同技術效率低於日本，但是在2019年呈現反轉的現象。再者，Malmquist生產力指數方面，中國比日本佳，其貢獻是來自於生產技術的進步與規模效果的改善。最後，於2015-2019年，無論是中國或是日本銀行應朝收入多角化及縮減企業規模，以提升經營績效與降低營運風險。 Internet-only banks are new players in the financial market. This article studies the changes in the efficiency and performance of conventional banks as a result of the entries of internet-only banks. The meta-frontier output-oriented distance functions is used to analyze this subject both in China and Japan. The results show that after the internet-only banks entered the banking industry, the meta technical efficiency of Japanese banks have performed worse than China`s. Furthermore, internet-only banking in China is more efficient than conventional banking, but not in Japan. Compared with Japan, Chinese banks have a higher Malmquist productivity index. A closer inspection reveals that production technology and efficiency of scale are the main drivers of growth for Chinese banks. Finally, in 2015-2019, both Chinese and Japanese banks improved their performance and reduced operational risks by diversifying their income sources and downsizing their operation scales. |
參考文獻: | 一、中文部分\n\n王媛慧、李文福與翁竹君，2007，「臺灣國際觀光旅館業生產力與效率分析: 隨機邊界距離函數之應用」， 經濟論文叢刊，35(1)，55-86。\n吳濟華與何柏正，2003，「組織效率與生產力評估：資料包絡分析法」，臺北縣三重市：前程文化。\n李文福與張佩茹，2013，「臺灣上市櫃證券商經營績效分析-一般化 Malmquist 生產力指數之應用」，經濟研究，49(1)，89-134。\n金融監督管理委員會，2018，「金融監督管理委員會赴日韓考察純網路銀行發展 現況報告摘要」，未出版。\n張寶光、黃台心與郭君儀，2014，「我國上市櫃營造與建設業共同邊界生產力變動分析: 投入導向距離函數之應用」，東吳經濟商學學報，85，1-40。\n曹磊與錢海利，2016，「FinTech金融科技革命」，臺北市：商周出版。\n章定、劉小蘭與尚瑞國，2002，「我國各縣市財政支出與經營績效之研究」，臺灣土地研究，5，45-66。\n莊晋祥，2014，「存款準備率對銀行利率決策與福利的影響」， 經濟論文叢刊，42(4)，513-538。\n陳志成，2014，「臺灣各縣市是否存在經濟生產技術追趕?」，應用經濟論叢，96，127-189。\n陳谷劦與楊浩彥，2008，「共同邊界 Malmquist 生產力指數的延伸: 跨國總體資料的實證分析」，經濟論文叢刊，36(4)，551-588。\n陳威甫、李靜芠與黃心怡，2019，「銀行業務多角化之經營績效探討-臺灣實證」，商管科技季刊，20(1)，1-24。\n曾真真，2007，「應用資料包絡法及 Malmquist 生產力指數衡量壽險業之經營效率: 利害關係人觀點」，中華管理評論國際學報，10(1)，1-21。\n黃台心、張寶光與邱郁芳，2009，「應用共同成本函數探討東亞六國銀行業之生產效率」，經濟論文，37(1)，61-100。\n劉秀玲與鄭鴻章，2010，「金控公司架構與非利息收入業務對臺灣銀行業經營效益與風險之影響」，臺灣金融財務季刊，11(3)，1-31。\n劉春初，2004，「應用資源重分配模式探討臺灣地區農會信用部組織變革之研究」， 農業經濟半年刊，75，27-60。\n劉碧珍與康廷嶽，2010，「影響外資企業在中國市場內銷比例之決定因素: 自身學習效果與外溢效果」，東吳經濟商學學報，71，27-62。\n潘雅慧與余俊慶(2020)，「純網路銀行之發展與監理」，財團法人台北外匯市場發展基金會，專題研究，未出版。\n盧永祥、王俊賢與李丞錚，2011，「臺灣壽險公司技術效率之差異分析─共同邊界資料包絡法之應用」，經濟與管理論叢，7(1)，77-100。\n盧永祥，2012，「臺灣高等技專校院效率評估與生產力指數之分析」，應用經濟論叢，205-239。\n盧永祥、王俊賢與蔡芳梅，2014，「東亞地區商業銀行效率之實證分析」，臺大管理論叢，24(2)，83-114。\n謝人俊與林耀傑，2020，「數位金融環境下銀行經營型態的演變與對策」，財團法人台北外匯市場發展基金會，專題研究，未出版。\n謝學如，1999，「日本金融大改革及對我國之啟示」，經濟研究年刊，9，125-154。\n顏晃平與張靜文，2011，「本國銀行業成本效率之研究─ 共同邊界函數應用」， 經濟研究，47(1)，147-181。\n羅鈺珊，2016，「網路與創新金融協助中小企業面對融資挑戰」，前瞻焦點，23-28。\n\n二、英文部分\n\nAhn, S. J., and Lee, S. H., 2019, “The effect of consumers’ perceived value on acceptance of an internet-only bank service”, Sustainability, 11(17), 4599.\nArnold, I. J., and van Ewijk, S. E., 2011, “Can pure play internet banking survive the credit crisis?”, Journal of Banking and Finance, 35(4), 783-793.\nBarnes, S. J., and Corbitt, B., 2003, “Mobile banking: concept and potential”, International Journal of Mobile Communications, 1(3), 273-288.\nBattese, G. E., and Coelli, T. J., 1995, “A model for technical inefficiency effects in a stochastic frontier production function for panel data”, Empirical Economics, 20(2), 325-332.\nBattese, G. E., Rao, D. P., and O`donnell, C. J., 2004, “A metafrontier production function for estimation of technical efficiencies and technology gaps for firms operating under different technologies”, Journal of Productivity Analysis, 21(1), 91-103.\nBerger, A. N., Hasan, I., and Zhou, M. ,2009, “Bank ownership and efficiency in China: What will happen in the world’s largest nation?”, Journal of Banking and Finance, 33(1), 113-130.\nBikker, J. A., and Vervliet, T. M., 2018, “Bank profitability and risk‐taking under low interest rates”, International Journal of Finance and Economics, 23(1), 3-18.\nBolt, W., De Haan, L., Hoeberichts, M., Van Oordt, M. R. and Swank, J.,2012, “Bank profitability during recessions”, Journal of Banking and Finance, 36(9), 2552-2564.\nCaves, D. W., Christensen, L. R., and Diewert, W. E. ,1982, “Multilateral comparisons of output, input, and productivity using superlative index numbers”, The Economic Journal, 92(365), 73-86.\nChen, K. C., 2020, “Implications of fintech developments for traditional banks”, International Journal of Economics and Financial Issues, 10(5), 227.\nChen, K. H., and Yang, H. Y., 2011, “A cross-country comparison of productivity growth using the generalised metafrontier Malmquist productivity index: with application to banking industries in Taiwan and China”, Journal of Productivity Analysis, 35(3), 197-212.\nChishti, S. and Barberis, J., 2016, “The Fintech book: The financial technology handbook for investors, entrepreneurs and visionaries”, John Wiley and Sons.\nChowdhury, S., Schulz, E., Milner, M., and Van De Voort, D., 2014, “Core employee based human capital and revenue productivity in small firms: An empirical investigation”, Journal of Business Research, 67(11), 2473-2479.\nCiciretti, R., Hasan, I., and Zazzara, C., 2009, “Do internet activities add value? Evidence from the traditional banks”, Journal of Financial Services Research, 35(1), 81-98.\nCoelli, T. J., Rao, D. S. P., O`Donnell, C. J., and Battese, G. E.,2005, “An introduction to efficiency and productivity analysis”, Springer Science and Business Media.\nDetragiache, E., Tressel, T., and Gupta, P., 2008, “Foreign banks in poor countries: theory and evidence”, The Journal of Finance, 63(5), 2123-2160.\nDeYoung, R., 2005, “The performance of Internet‐based business models: Evidence from the banking industry”, The Journal of Business, 78(3), 893-948.\nDeYoung, R.,2001, “The financial performance of pure play Internet banks”, Economic Perspectives-Federal Reserve Bank of Chicago, 25(1), 60-73.\nDiewert, W. E., 1976, “Exact and superlative index numbers”, Journal of Econometrics, 4(2), 115-145.\nDoz, Y. L. and Kosonen, M., 2010, “Embedding strategic agility: A leadership agenda for accelerating business model renewal”, Long Range Planning, 43,370-382.\nEdirisuriya, P., Gunasekarage, A., and Dempsey, M., 2015, “A ustralian Specific Bank Features and the Impact of Income Diversification on Bank Performance and Risk”, Australian Economic Papers, 54(2), 63-87.\nFäre, R., and Primont, D., 1995, “Multi-output production and duality: Theory and applications”, Kluwer Academic Publishers.\nFäre, R., Grosskopf, S., Norris, M., and Zhang, Z., 1994, “Productivity growth, technical progress, and efficiency change in industrialized countries”, American Economic Review, 84(1), 66-83.\nFarhoomand, A. F., and Mak, V.,2002, “Japan Net Bank: Japan’s First Internet-Only Bank-A Teaching Case”, In Proceeding-15th Bled Electronic Commerce Conference, 672-692.\nFeng, G., and Serletis, A., 2010, “Efficiency, technical change, and returns to scale in large US banks: Panel data evidence from an output distance function satisfying theoretical regularity”, Journal of Banking and Finance, 34(1), 127-138.\nFontin, J. R., and Lin, S. W.,2019, “Comparison of banking innovation in low-income countries: A meta-frontier approach”, Journal of Business Research, 97, 198-207.\nFries, S., and Taci, A., 2005, “Cost efficiency of banks in transition: Evidence from 289 banks in 15 post-communist countries”, Journal of Banking and Finance, 29(1), 55-81.\nFuentes, H. J., Grifell-Tatjé, E., and Perelman, S., 2001, “A parametric distance function approach for Malmquist productivity index estimation”, Journal of Productivity Analysis, 15(2), 79-94.\nFukuyama, H. and Weber, W. L., 2017, “Japanese bank productivity, 2007–2012: a dynamic network approach”, Pacific Economic Review, 22, 649-676.\nGöçer, I., 2013, “Relation between bank loans and unemployment in the European countries”, European Academic Research, 1(6), 981-995.\nGupta, A., and Arora, N., 2017, “Consumer adoption of m-banking: a behavioral reasoning theory perspective”, International Journal of Bank Marketing, 35(4), 733-747.\nHuang, C. J., Huang, T. H., & Liu, N. H.,2014, “A new approach to estimating the metafrontier production function based on a stochastic frontier framework”, Journal of Productivity Analysis, 42(3), 241-254.\nIrman, M., and Purwati, A. A., 2020, “Analysis on the influence of current ratio, debt to equity ratio and total asset turnover toward return on assets on the automotive and component company that has been registered in Indonesia stock exchange within 2011-2017”, International Journal of Economics Development Research, 1(1), 36-44.\nJapparova, I., and Rupeika-Apoga, R., 2017, “Banking business models of the digital future: The case of Latvia”, European Research Studies Journal, 3A,846-860.\nJiang, C., Yao, S., and Zhang, Z., 2009, “The effects of governance changes on bank efficiency in China: A stochastic distance function approach”, China Economic Review, 20(4), 717-731.\nJun, M. and Cai, S.,2001, “The key determinants of internet banking service quality: a content analysis”, International Journal of Bank Marketing, 19, 276-91.\nKaabachi, S., Mrad, S. B., and Fiedler, A., 2019, “The moderating effect of e-bank structure on French consumers’ trust”, International Journal of Bank Marketing, 38(2), 501-528.\nKraft, E., and Galac, T., 2007, “Deposit interest rates, asset risk and bank failure in Croatia”, Journal of Financial Stability, 2(4), 312-336.\nKumbhakar, S. C., and Wang, D., 2007, “Economic reforms, efficiency and productivity in Chinese banking”, Journal of Regulatory Economics, 32(2), 105-129.\nLiang, L. W., Chang, H. Y., and Shao, H. L., 2018, “Does sustainability make banks more cost efficient?”, Global Finance Journal, 38, 13-23.\nLin, B., and Chen, X., 2019, “Evaluating the CO2 performance of China`s non-ferrous metals Industry: A total factor meta-frontier Malmquist index perspective”, Journal of Cleaner Production, 209, 1061-1077.\nLin, E. Y. Y., Chen, P. Y., and Chen, C. C., 2013, “Measuring green productivity of country: A generlized metafrontier Malmquist productivity index approach”, Energy, 55, 340-353.\nMalhotra, P., and Singh, B., 2009, “The impact of internet banking on bank performance and risk: The Indian experience”, Eurasian Journal of Business and Economics, 2(4), 43-62.\nMalhotra, P., and Singh, B., 2009, “The impact of internet banking on bank performance and risk: The Indian experience”, Eurasian Journal of Business and Economics, 2(4), 43-62.\nMamatzakis, E., Matousek, R. and Vu, A. N., 2016, “What is the impact of bankrupt and restructured loans on Japanese bank efficiency?”, Journal of Banking and Finance, 72, 187-202.\nMin, S., and Wolfinbarger, M., 2005, “Market share, profit margin, and marketing efficiency of early movers, bricks and clicks, and specialists in e-commerce”, Journal of Business Research, 58(8), 1030-1039.\nNewman, C., and Matthews, A., 2006, “The productivity performance of Irish dairy farms 1984–2000: a multiple output distance function approach”, Journal of Productivity Analysis, 26(2), 191-205.\nOh, D. H., and Lee, J. D., 2010, “A metafrontier approach for measuring Malmquist productivity index”, Empirical Economics, 38(1), 47-64.\nOrea, L., 2002, “Parametric decomposition of a generalized Malmquist productivity index”, Journal of Productivity Analysis, 18(1), 5-22.\nRupeika-Apoga, R., 2014, “Financing in SMEs: Case of the Baltic States”, Procedia-Social and Behavioral Sciences, 150, 116-125.\nSafiullah, M., and Shamsuddin, A.,2020, “Technical efficiency of Islamic and conventional banks with undesirable output: Evidence from a stochastic meta-frontier directional distance function”, Global Finance Journal, 100547.\nStiroh, K. J., and Rumble, A., 2006, “The dark side of diversification: The case of US financial holding companies”, Journal of Banking and Finance, 30(8), 2131-2161.\nSturm, J. E., and Williams, B., 2004, “Foreign bank entry, deregulation and bank efficiency: Lessons from the Australian experience”, Journal of Banking and Finance, 28(7), 1775-1799.\nWang, R., and Luo, H., 2019, “Does Financial Liberalization Affect Bank Risk-Taking in China?”, SAGE Open, 9(4), 1-15.\nWu, J., Chen, M., Jeon, B. N., and Wang, R., 2017, “Does foreign bank penetration affect the risk of domestic banks? Evidence from emerging economies”, Journal of Financial Stability,31, 45-61.\nYadav, R., Khanna, A., Panday, P., and Dasmohapatra, S., 2019, “An analytical study of quality of work life and organizational commitment and their relation with revenue per employee of major IT companies in India”, Journal of Human Resource and Sustainability Studies, 7, 284-301.\nYoshino, N., and Taghizadeh-Hesary, F., 2018, “The role of SMEs in Asia and their difficulties in accessing finance. Asian Development Bank Institute”, ADBI Working Paper Series, No.911.\nYuan, X., 2010, “Present and future of internet banking in China”, Journal of Internet Banking and Commerce, 15(1), 1-10.\nZakaria, M., Risalat, R., & Fida, B. A.,2015, “Banking Deregulations and Unemployment in South Asia”, Journal of Economic Integration, 799-820.\nZhang, Y., Chen, X., Liu, X., and Zhu, N., 2018, “Exploring trust transfer between internet enterprises and their affiliated internet-only banks: An adoption study of internet-only banks in China”, Chinese Management Studies,12(1), 56-78.\nZhuo, C. H. E. N., and Shunfeng, S. O. N. G., 2008, “Efficiency and technology gap in China`s agriculture: A regional meta-frontier analysis”, China Economic Review, 19(2), 287-296. | 描述: | 博士 國立政治大學 金融學系 104352506 |
資料來源: | http://thesis.lib.nccu.edu.tw/record/#G0104352506 | 資料類型: | thesis |
| Appears in Collections: | 學位論文 |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| 250601.pdf | 3.71 MB | Adobe PDF2 | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.