比较金控子银行及非金控银行之表现及第二次金融改革的...

1*2006.03199019951998(1)(OverBanking)(2)(3)2000111220016112002(WTO)*2WTO1450200220032004(CrossMarketing)2002200314320021120041231(TEJ)2004321-11-24A2-12-1200220042002-0.56%-15.69%-18.91%200320040.4値20022004値200286.11%200484.11%5200224.93%200431.22%20028.58200320047620022004200210.95%200411.39200220045.88%3.50%20041.85%4.78%20023.80%20021.08%値値20040.47値値20024.28%200411.17%20024.67%200410.28%20021.50%20047.23%6200413%11%20022004値1716200219.9920.2値STATA8.2322002200420043-13-23-1200417590.6820033-33-43-3200317593.1920023-53-673-5200217592.0917(1)Pj=…17j=1,2,…32(1)=Pj01PjP’j=Pj=×10+803-73-7(1)20022004109(2)200216112002161214(3)10(4)2002172004720021320048(5)200220032004122003(6)2002200417663-8176169120044-14-24-74-220022004520042.12%39.4920032004142002200320042004-39.09%-29.08%2002200320042003-6.6%-168.37%-167.62%2004-2.72%-76.67%-73.13%1020032004200320042%200416124-320022004210014020041003610200340.38%2200416114-4200220042002200430%13%200416%2200220046%20044%2004164-511200419.72%200320041020032004-19.33%-12.53%2004-5.34%-5.29%-15%(1)20044-84-9200416267.6612(2)20034-104-11200316271.06(3)20024-124-13200216266.242002200470%90%LISREL13200220045-1200220049200416122004(2004)2003CAMEL10(2004)20035-2(2004)(2004)()(200020012002)199920016-114200214199981020002001910200220046-26-32002200320042.72%2.87%2.99%1.89%1.88%1.84%200220046-56-6200220042002200320042.752.14%1.85%774%654%459%200320026-410%1032(2004)20026-52002-4.78%20032004156.83%13.36%(CrossMarketing)200220037-17-1167-11-12326200220041610335115166-56-62003200417199018199519982000200014(CrossMarketing)10%19WTOBasel2014200617200220046176675%200220041092002161120021612142110200213200414(CrossMarketing)10%226LISREL(1989)(2002LISREL44PP123-146(199537PP1~34(2003)23(2000)LISREL(2004)瀞19992000161PP28-431721PP7-15(1999)(1995LISRELAigner,D.J.,Hsiao,C.,Kapteyn,A.,andWansbeek,T.(1984),LatentVariable24ModelsinEconometrics,HandbookofEconometrics,Volume,EditedbyZ.GrilichesandM.D.Intriligator,PP1321-1393Bock,R.D.,andBargmann,RE.(1966),AnalysisofCovarianceStructures,”Psychology,1960,13,507-534.Bollen,K.A.(1989),StructuralEquationswithLatentVariables.NewYork:Wiley.DeYoung,R.andHasan,I.(1998),ThePerformanceofDeNovoCommercialBanks:AProfitEfficiencyApproach,”JournalofBankingandfinance,22,565-587.Dillon,W.R.,andGoldstein,M.(1985),MultivariateAnalysis:MethodsandApplications.Espahbodi,P.(1991),“IdentificationofProblemBanksandBinaryChoiceModels,”JournalofBankingandFinance,15,53-71.Johnson,R.A.andWichern,D.W.(2002),AppliedMultivariateStatisticalAnalysis,5thedition.NewYork:Prentice-Hall.Joreskog,K.G.andSorbom,D.(1979),AdvancedinFactorAnalysisandStructuralEquationModels.Cambridge,MA:ABT.Joreskog,K.G.andSorbom,D.(1981),”TheUseofLISRELinSociologica;ModelBuilding,”inFactorAnalysisandMeasurementinSociologicalResearch,D.J.JacksonandE.F.Borgatta(Eds.).SageStudiesinInternationalSociology,21,179-199.Kaiser,H.F.(1958),“TheVarimaxCriterionforAnalyticRotationinfactorAnalysis,”Psychometrika,23,187-200.Sinkey,J.F.(1975),“AMultivariateStatisticalAnalysisoftheCharacteristicsofProblemBanks,”TheJournalofFinance,30,21-36.Slovin,M.B.,Sushka,M.E.,andPolonchek,J.A.(1999),“AnAnalysisofContagionandCompetitiveEffectsatCommercialBanks”,JournalofFinancial25Economics,54,197-225.Specht,D.K.andWarren,R.D.(1975),“ComparingCausalModels,”InSociologicalMethodology,D.R.Heise(Ed.).SanFrancisco:Jossey-Bass.West,R.C.(1985),“AFactorAnalysisApproachtoBankCondition,”JournalofBankingandFinance,9,253-266.://://://冲2728295.9034.714.9363.690.9103100.9240670.9234050.7650570.8102090.8576860.7169530.7633430.7742443017.5344.2944.2923.9623.2967.5832.0211.8979.4741.257.3286.8051.096.4093.190.9326610.9519680.9552090.7967920.9121680.9090050.9346098.32%0.9088548.09%0.9631458.58%0.9503894.34%0.9416524.30%0.9013064.12%0.9578764.35%0.7722573.51%0.7119712.13%0.8075022.42%0.7707512.31%3117.8145.9545.9522.8216.6262.5732.5715.1277.6941.357.9285.6151.106.4892.090.9213259.21%0.6144946.14%0.7991527.99%0.8150420.9273930.9157720.92155310.33%0.6879447.71%0.9551545.52%0.9199455.32%0.9667075.59%0.8799222.76%0.9261062.91%0.9308512.92%0.8747592.38%0.8297322.25%0.8846462.40%323-7333-8(%)4-12004(%)0.9761580.9911650.9912770.813139-0.8816900.9132810.9704970.993807-0.989683-0.965793-0.913905-0.9846880.9631320.9671390.9174530.9539000.953900344-24-3354-44-5364-64-73712.2036.6836.6821.8630.9967.660.8449000.7851000.6231110.6839750.8319370.75772012.7545.8021.5125.250.8900230.7229260.8812860.6677700.8714630.8081193812.9348.8948.8921.0417.3666.240.8974850.8985170.6167930.7735010.5888860.733950394-14405-1415-22003426-1()200020011620917115103322()69128()4411775()24188112815(200020012002)43444546(%)(%)(%)20042003200220042003200220042003200215.43-23.48-35.0910.358.968.991.271.463.7715.5716.62-42.0411.9111.229.072.273.334.16-4.25-9.85.2434.9832.0335.021.551.221.8014.3210.874.5410.8210.2211.010.771.742.3816.048.8915.6410.7010.3712.581.661.652.4817.124.47-14.7711.6911.1510.790.760.823.048.98.7510.6713