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題名 影響銀行分行數數目因素之探討-以倫敦為例-
Factors on numbers of branches-A study on London
作者 鄭俊緯
貢獻者 沈中華
鄭俊緯
關鍵詞 金融中心
固定效果模型
隨機效果模型
日期 2005
上傳時間 18-Sep-2009 15:57:16 (UTC+8)
摘要 本研究以倫敦國內外銀行為實證的對象。選取275家倫敦國內外的銀行為樣本,以1996年到2005年10年的分行數資料,採用Panel Data型態進行處理分析,以固定效果模式與隨機效果模式為估計方法。本文以Sang Rim Choi, Daekeum Park, and Adrian E. Tschoegl在1980到2000連續20年研究金融中心銀行進出的概念為主要架構,依據銀行本身的內在的變數、外部環境的變數,探討影響銀行分行數變動的主要原因,將實證的結果與過去文獻研究的結果互相印證,希望進一步提供相關銀行產業參考。
使用的變數分別為(1)銀行內部變數:總資產、ROA、自有資產率(2)外部環境變數:來源國及當地的GDP per capita和人口、兩國間的貿易流、文化因素以及城市之間的距離。實證結果如下:
本研究若是以英國境內的銀行到倫敦設立分行的情況來說,發現總資產及英國的GDP per capita對銀行設立分行呈現正向的關係,而自有資產率則是呈現負向的關係。若是以國外銀行至倫敦來設分行的情況來說,發現總資產、ROA和兩國間的貿易流呈現正向的關係,而當地的人口數與城市間的距離則呈現負向的關係。
This study uses banks located in London as empirical objects. We picked 275 banks as empirical sample. The sampling period is from 1996 to 2005. We use data form is panel data and use fixed effect and random effect approach to verify. This study was based on the conception from Sang Rim Choi, Daekeum Park, and Adrian E. Tschoegl (1980 to 2000). To try find out the important factors that affect on variations of the branches in accordance with inner variables and outer variables. The empirical results can test traditional theory and provide the results to the managers of the banks.
The independent variables are (1) inner variable: total asset、ROA、equity divided by total asset and (2) outer variables: foreign countries’ GDP per capita and population、UK’s GDP per capita and population、trade flows between foreign countries and UK、cultural factor and distant between cities and London. The empirical results are as follows:
In local banks case, the result shows total asset and UK’ GDP per capita both have significantly positive effect on numbers of the branches. On the other hand, E/TA has significantly negative effect on numbers of the branches. In foreign banks case, the result shows total asset、ROA and trade flows all have significantly positive effect on numbers of the branches. On the other hand, UK’ population and distant both have significantly negative effect on numbers of the branches.
參考文獻 一、中文部分
1. 顏永斌,「台北與上海發展成國際金融中心之比較分析」,義守大學,碩士論文,民國92年
2. 陳俊銘,「全球銀行業財務危機與風險管理之研究」,中原大學,碩士論文,民國92年
3. 林世峯,「開放銀行設立對銀行業員工薪資之影響」,東吳大學,碩士論文,民國93年
4. 吳人寬,「上海發展金融中心之研究-以新加坡金融中心為借鏡」,文化大學,碩士論文,民國91年
5. 沈水金,「銀行區域消費金融中心營運之探討」中山大學,碩士論文,民國92年
6. 李雅琪,「台北國際金融中心之形塑與國家」,台北大學,碩士論文,民國90年
7. 陸宜人,「臺灣成為亞太金融中心之環境評估研究 -以銀行業與證券業為例」,台灣大學,民國84年
8. 沈中華,金融市場,初版,華泰,台北,民國91年
9. 桑德史(Saunders, Anthony)著,金融機構管理,郭照榮,沈中華譯,華泰,台北,民國90年
10. 黃台心,計量經濟學,初版,雙葉書廊,台北,民國94年
二、英文部分
1. Ball, C. A., and A. E. Tschoegl. “The Decision to Establish a Foreign Bank Branch or Subsidiary: An applaication of Binary Classification Procedures”, Journal of financial and Quantitative Analysis, 17, pp411-424, 1982
2. Baltagi, Badi H, Econometrics analysis of panel data, Chichester, New York, 1995
3. Ben Edwards, “Capitals of capital”, The Economist, May 1998.
4. Choi et al, S.-R, A. E. Tschoegl, and C.-M Yu. “Banks and the World’s Major Financial Centers, 1970-1980”, Weltwirtschaftliches Archiv, 122, pp. 48-64, 1986
5. Choi, S-R.,D. Park and A.E. Tschoegl(1996), ” Banks and the World’s Major Financial Center,1980-1990”. Weltwirschaftliches Archiv, Vol. 132(4), pp774-793
6. Choi, S-R.,D. Park and A.E. Tschoegl, “Banks and the World’s Major Financial Center,2000”, Center for Financial Institutions Working Papers 02-36, Whartion School Center for Financial Institutions, University of Pennsylvania.
7. Dufey, Gunter and Giddy, Ian H(1978), “The international money market”, Englewood Cliffs, N.J. : Prentice-Hall, p35
8. Fariborz Moshirian. ”International investment in financial services”, Journal of Banking & Financial, 25, pp. 317-337, October 1999.
9. Gehrig, Thomas(1998), “Cities and the Geography of Financial Centers”, CEPR Discussion Paper No.1894
10. Goldberg, Lawrence G, and Denise Johnson, “The determinants of US banking activity abroad”, Journal of International Money and Finance, 9, pp 123-137, June 1990
11. Goldberg, Lawrence G, and Anthony Saunders, “The cause of US bank expansion overseas, The case of Great Britain”, Journal of Money, Credit, and Banking, 12, pp 660-643, November 1980
12. Ken B. Cyree. James W. Wansley. Thomas P. Boehm. “Determinants of bank growth choice”, Journal of Banking & Financial, 24, pp. 709-734, March 1999
13. Kindleberger, Charles Poor(1973), “The formation of financial centers: a study in comparative economic history”, Cambridge, M.I.T.
14. Paraskevi V. Boufounou, “Evaluating bank branch location and performance: A case study”, European Journal of Operational Research, 87, pp. 389-402, March 1992
15. R A Brealey. E C Kaplanis. “The determination of foreign banking location”, Journal of International Money and Finance, vol. 15, No. 4, pp. 577-597, 1996
16. Rochelle L. Ruffer. John P. Holcomb JR. “To build or buy: an empirical study of the characteristics affecting a bank’s expansion decisions”, Journal of Economics and Business, 53, pp. 481-495, October 2000
描述 碩士
國立政治大學
經濟研究所
93258018
94
資料來源 http://thesis.lib.nccu.edu.tw/record/#G0093258018
資料類型 thesis
dc.contributor.advisor 沈中華zh_TW
dc.contributor.author (Authors) 鄭俊緯zh_TW
dc.creator (作者) 鄭俊緯zh_TW
dc.date (日期) 2005en_US
dc.date.accessioned 18-Sep-2009 15:57:16 (UTC+8)-
dc.date.available 18-Sep-2009 15:57:16 (UTC+8)-
dc.date.issued (上傳時間) 18-Sep-2009 15:57:16 (UTC+8)-
dc.identifier (Other Identifiers) G0093258018en_US
dc.identifier.uri (URI) https://nccur.lib.nccu.edu.tw/handle/140.119/35760-
dc.description (描述) 碩士zh_TW
dc.description (描述) 國立政治大學zh_TW
dc.description (描述) 經濟研究所zh_TW
dc.description (描述) 93258018zh_TW
dc.description (描述) 94zh_TW
dc.description.abstract (摘要) 本研究以倫敦國內外銀行為實證的對象。選取275家倫敦國內外的銀行為樣本,以1996年到2005年10年的分行數資料,採用Panel Data型態進行處理分析,以固定效果模式與隨機效果模式為估計方法。本文以Sang Rim Choi, Daekeum Park, and Adrian E. Tschoegl在1980到2000連續20年研究金融中心銀行進出的概念為主要架構,依據銀行本身的內在的變數、外部環境的變數,探討影響銀行分行數變動的主要原因,將實證的結果與過去文獻研究的結果互相印證,希望進一步提供相關銀行產業參考。
使用的變數分別為(1)銀行內部變數:總資產、ROA、自有資產率(2)外部環境變數:來源國及當地的GDP per capita和人口、兩國間的貿易流、文化因素以及城市之間的距離。實證結果如下:
本研究若是以英國境內的銀行到倫敦設立分行的情況來說,發現總資產及英國的GDP per capita對銀行設立分行呈現正向的關係,而自有資產率則是呈現負向的關係。若是以國外銀行至倫敦來設分行的情況來說,發現總資產、ROA和兩國間的貿易流呈現正向的關係,而當地的人口數與城市間的距離則呈現負向的關係。
zh_TW
dc.description.abstract (摘要) This study uses banks located in London as empirical objects. We picked 275 banks as empirical sample. The sampling period is from 1996 to 2005. We use data form is panel data and use fixed effect and random effect approach to verify. This study was based on the conception from Sang Rim Choi, Daekeum Park, and Adrian E. Tschoegl (1980 to 2000). To try find out the important factors that affect on variations of the branches in accordance with inner variables and outer variables. The empirical results can test traditional theory and provide the results to the managers of the banks.
The independent variables are (1) inner variable: total asset、ROA、equity divided by total asset and (2) outer variables: foreign countries’ GDP per capita and population、UK’s GDP per capita and population、trade flows between foreign countries and UK、cultural factor and distant between cities and London. The empirical results are as follows:
In local banks case, the result shows total asset and UK’ GDP per capita both have significantly positive effect on numbers of the branches. On the other hand, E/TA has significantly negative effect on numbers of the branches. In foreign banks case, the result shows total asset、ROA and trade flows all have significantly positive effect on numbers of the branches. On the other hand, UK’ population and distant both have significantly negative effect on numbers of the branches.
en_US
dc.description.tableofcontents 第一章 緒論
第一節 研究背景與動機……………………………………………………………1
第二節 研究目的……………………………………………………………………3
第三節 研究流程……………………………………………………………………4
第二章 文獻回顧
第一節 金融中心的定義……………………………………………………………6
第二節 金融機構位置選擇理論…………………………………………………..10
第三節 金融中心與銀行的擴充…………………………………………………..17
第三章 研究方法
第一節 資料來源…………………………………………………………………..21
第二節 研究架構…………………………………………………………………..34
第三節 研究模型…………………………………………………………………..35
第四節 計量分析方法與工具……………………………………………………..42
第四章 實證結果與分析
第一節 主要研究架構……………………………………………………………..47
第二節 英國國內銀行至倫敦設立分行的實證結果分析………………………..48
第三節 國外銀行至倫敦設立分行的實證結果分析……………………………..54
第五章 結論與建議
第一節 結論………………………………………………………………………..64
第二節 研究貢獻與限制…………………………………………………………..66
第三節 研究建議…………………………………………………………………..67
參考文獻
一、中文部分…………………………………………………………………………68
二、英文部分………………………………………………………………………...70
zh_TW
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dc.source.uri (資料來源) http://thesis.lib.nccu.edu.tw/record/#G0093258018en_US
dc.subject (關鍵詞) 金融中心zh_TW
dc.subject (關鍵詞) 固定效果模型zh_TW
dc.subject (關鍵詞) 隨機效果模型zh_TW
dc.title (題名) 影響銀行分行數數目因素之探討-以倫敦為例-zh_TW
dc.title (題名) Factors on numbers of branches-A study on Londonen_US
dc.type (資料類型) thesisen
dc.relation.reference (參考文獻) 一、中文部分zh_TW
dc.relation.reference (參考文獻) 1. 顏永斌,「台北與上海發展成國際金融中心之比較分析」,義守大學,碩士論文,民國92年zh_TW
dc.relation.reference (參考文獻) 2. 陳俊銘,「全球銀行業財務危機與風險管理之研究」,中原大學,碩士論文,民國92年zh_TW
dc.relation.reference (參考文獻) 3. 林世峯,「開放銀行設立對銀行業員工薪資之影響」,東吳大學,碩士論文,民國93年zh_TW
dc.relation.reference (參考文獻) 4. 吳人寬,「上海發展金融中心之研究-以新加坡金融中心為借鏡」,文化大學,碩士論文,民國91年zh_TW
dc.relation.reference (參考文獻) 5. 沈水金,「銀行區域消費金融中心營運之探討」中山大學,碩士論文,民國92年zh_TW
dc.relation.reference (參考文獻) 6. 李雅琪,「台北國際金融中心之形塑與國家」,台北大學,碩士論文,民國90年zh_TW
dc.relation.reference (參考文獻) 7. 陸宜人,「臺灣成為亞太金融中心之環境評估研究 -以銀行業與證券業為例」,台灣大學,民國84年zh_TW
dc.relation.reference (參考文獻) 8. 沈中華,金融市場,初版,華泰,台北,民國91年zh_TW
dc.relation.reference (參考文獻) 9. 桑德史(Saunders, Anthony)著,金融機構管理,郭照榮,沈中華譯,華泰,台北,民國90年zh_TW
dc.relation.reference (參考文獻) 10. 黃台心,計量經濟學,初版,雙葉書廊,台北,民國94年zh_TW
dc.relation.reference (參考文獻) 二、英文部分zh_TW
dc.relation.reference (參考文獻) 1. Ball, C. A., and A. E. Tschoegl. “The Decision to Establish a Foreign Bank Branch or Subsidiary: An applaication of Binary Classification Procedures”, Journal of financial and Quantitative Analysis, 17, pp411-424, 1982zh_TW
dc.relation.reference (參考文獻) 2. Baltagi, Badi H, Econometrics analysis of panel data, Chichester, New York, 1995zh_TW
dc.relation.reference (參考文獻) 3. Ben Edwards, “Capitals of capital”, The Economist, May 1998.zh_TW
dc.relation.reference (參考文獻) 4. Choi et al, S.-R, A. E. Tschoegl, and C.-M Yu. “Banks and the World’s Major Financial Centers, 1970-1980”, Weltwirtschaftliches Archiv, 122, pp. 48-64, 1986zh_TW
dc.relation.reference (參考文獻) 5. Choi, S-R.,D. Park and A.E. Tschoegl(1996), ” Banks and the World’s Major Financial Center,1980-1990”. Weltwirschaftliches Archiv, Vol. 132(4), pp774-793zh_TW
dc.relation.reference (參考文獻) 6. Choi, S-R.,D. Park and A.E. Tschoegl, “Banks and the World’s Major Financial Center,2000”, Center for Financial Institutions Working Papers 02-36, Whartion School Center for Financial Institutions, University of Pennsylvania.zh_TW
dc.relation.reference (參考文獻) 7. Dufey, Gunter and Giddy, Ian H(1978), “The international money market”, Englewood Cliffs, N.J. : Prentice-Hall, p35zh_TW
dc.relation.reference (參考文獻) 8. Fariborz Moshirian. ”International investment in financial services”, Journal of Banking & Financial, 25, pp. 317-337, October 1999.zh_TW
dc.relation.reference (參考文獻) 9. Gehrig, Thomas(1998), “Cities and the Geography of Financial Centers”, CEPR Discussion Paper No.1894zh_TW
dc.relation.reference (參考文獻) 10. Goldberg, Lawrence G, and Denise Johnson, “The determinants of US banking activity abroad”, Journal of International Money and Finance, 9, pp 123-137, June 1990zh_TW
dc.relation.reference (參考文獻) 11. Goldberg, Lawrence G, and Anthony Saunders, “The cause of US bank expansion overseas, The case of Great Britain”, Journal of Money, Credit, and Banking, 12, pp 660-643, November 1980zh_TW
dc.relation.reference (參考文獻) 12. Ken B. Cyree. James W. Wansley. Thomas P. Boehm. “Determinants of bank growth choice”, Journal of Banking & Financial, 24, pp. 709-734, March 1999zh_TW
dc.relation.reference (參考文獻) 13. Kindleberger, Charles Poor(1973), “The formation of financial centers: a study in comparative economic history”, Cambridge, M.I.T.zh_TW
dc.relation.reference (參考文獻) 14. Paraskevi V. Boufounou, “Evaluating bank branch location and performance: A case study”, European Journal of Operational Research, 87, pp. 389-402, March 1992zh_TW
dc.relation.reference (參考文獻) 15. R A Brealey. E C Kaplanis. “The determination of foreign banking location”, Journal of International Money and Finance, vol. 15, No. 4, pp. 577-597, 1996zh_TW
dc.relation.reference (參考文獻) 16. Rochelle L. Ruffer. John P. Holcomb JR. “To build or buy: an empirical study of the characteristics affecting a bank’s expansion decisions”, Journal of Economics and Business, 53, pp. 481-495, October 2000zh_TW