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系統識別號 U0026-2306201300571200
論文名稱(中文) 總體經濟因素,美國量化寬鬆與台灣金融政策對台灣國際金融業務分行獲利之影響-以2000年至2012年為例
論文名稱(英文) The Effect of Macroeconomic Factors, Quantitative Easing and Taiwan’s Financial Policies on the Profitability of Offshore Banking Units: 2000-2012
校院名稱 成功大學
系所名稱(中) 企業管理學系專班
系所名稱(英) Department of Business Administration (on the job class)
學年度 101
學期 2
出版年 102
研究生(中文) 郭芳誌
研究生(英文) Fang-Chih Kuo
學號 R47001157
學位類別 碩士
語文別 英文
論文頁數 54頁
口試委員 指導教授-康信鴻
口試委員-莊雙喜
口試委員-鄭美幸
口試委員-薛舜仁
口試委員-傅英芬
中文關鍵字 國際金融業務分行  境外金融中心  總體經濟因素  最小平方法 
英文關鍵字 Offshore Banking Unit  Offshore Financial Center  Macroeconomic Factors  Ordinary Least Square 
學科別分類
中文摘要 因為銀行家數過多(西元2012年底,台灣共有38家本國銀行及30家外國銀行),目前台灣銀行業面臨激烈競爭,每家銀行產品相近,利差與所收取之手續費皆低。為了突破這種困境,台灣的銀行業必須增加收入來源,國際金融業務分行 (Offshore Banking Units) 即是台灣的銀行可以利用之業務。
本研究欲找出於西元2000年至2012年,影響台灣國際金融業務分行獲利能力之因素。本研究使用最小平方法 (Ordinary Least Squares) 及其他計量經濟檢定方法探討部分總體經濟因素、美國量化寬鬆政策以及台灣金管會開放國際金融業務分行承作人民幣貸放業務後,對台灣國際金融業務分行獲利之影響。
本研究發現,“人民幣貸款基準利率”、“台灣銀行業外幣放款餘額”、“美國第一次量化寬鬆”以及“金管會開放國際金融業務分行承作人民幣貸放業務”等,對台灣國際金融業務分行獲利能力有正向之影響。其中,“金管會開放國際金融業務分行承作人民幣貸放業務” 對台灣國際金融業務分行獲利能力有正向且顯著之影響。
英文摘要 Banks in Taiwan now face strong competition because there are too many banks (38 domestic banks and 30 foreign banks by the end of the year 2012); the products of each bank are quite similar, and the interest rate spread and fees charged are low. In order to break through this predicament, Taiwanese banks need to widen their sources of profits, and the Offshore Banking Unit (OBU) business is something Taiwanese banks can take advantage of.
This research is an attempt to determine what factors affected the profitability of Taiwan’s OBUs during the years 2000 to 2012. This research uses Ordinary Least Squares and other econometrics testing methods to investigate whether some macroeconomic factors, Quantitative Easing policies and the launch of policy allowing banks to lend renminbi loans using OBUs had an impact on OBU profitability.
This research finds out “The lending rate of China”, ”The remaining lending balance in foreign currencies”, ”QE1” and ”The launch of policy allowing banks to lend renminbi loans using OBUs” have positive effects on OBU’s profitability. And among them, ”The launch of policy allowing banks to lend renminbi loans using OBUs” has not only positive but also significant effect on OBU’s profitability.
論文目次 CHAPTER ONE INTRODUCTION 1
1.1 Research Background 1
1.2 Research Motive 1
1.3 Research Objectives 3
CHAPTER TWO LITERATURE REVIEW 5
2.1 Offshore Financial Centers 5
2.2 A Comparison of Offshore Financial Centers by Country 8
2.3 The Obstacles and Opportunities for Developing Offshore Financial Centers 9
2.4 Related Studies on Taiwanese Banks, OBUs and Diversification 11
2.5 Taxation, Monetary Policy and Other Related Research 12
2.6 Macroeconomic Factors 13
2.7 Literature Discussion 13
2.8 The Direction of This Research 14
CHAPTER THREE RESEARCH DESIGN AND METHODOLOGY 18
3.1 The Definition of Variables 18
3.2 The Research Methods 23
3.3 Research Methods 23
CHAPTER FOUR RESEARCH RESULTS 26
4.1 The Initial Results of The OBU Profitability Regression 26
4.2 Klein’s Rule Test 30
4.3 Nested Hypothesis Test 32
4.4 White Heteroskedasticity Test 34
4.5 Autocorrelation Test 35
4.6 Research Results 36
CHAPTER FIVE CONCLUSIONS AND SUGGESTIONS 39
5.1 Conclusions 39
5.2 Implications and Contributions 41
5.2.1 Academic Contributions 41
5.2.2 Managerial Implications 42
5.3 Limitations and Suggestions 43
5.4 My Perspectives as A Practitioner 44
NOTES 48
REFERENCES 49
APPENDICES 52
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