Capital structure, firm performance and ownership: evidence from commercial banking industry in Taiwan

Kuo, Tai-Yun (2018) Capital structure, firm performance and ownership: evidence from commercial banking industry in Taiwan. [Dissertation (University of Nottingham only)]

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This study investigates the performance of commercial banks in Taiwan during 2013 to 2017. Through employ quantitative method to compare the performance of public, domestic private and foreign banks, and to find out the relationship between performance and firm’s abilities in the Taiwanese commercial banking industry. In the performance comparison, employ Analysis of Variance (ANOVA) of financial ratios to compare the bank capability of profitability (return on assets, return on equity), liquidity (debt to equity), efficiency (net interest margin, cost to income ratio) and growth (assets, loans, deposits growth) between the three categories of banks. In bank’s performance analysis, use multiple regression analysis to find out the effect of bank’s profitability, liquidity, efficiency and growth on the performance outcome.

The results of the performance comparison show that there are difference exist between public, private, foreign banks. While domestic private banks show averagely better performance outcome than public and foreign banks in Taiwan. In bank’s performance analysis results, it is to say that each abilities of a bank have influence on its performance outcome, while the result shows that bank’s ability have a more significant effect on the performance of return on equity than the performance of return on assets. And it is also to find that debt to equity ratio of a firm’s capital have negative and significant influence on a bank performance.

Item Type: Dissertation (University of Nottingham only)
Depositing User: Kuo, Tai-Yun
Date Deposited: 29 Apr 2022 13:20
Last Modified: 29 Apr 2022 13:20

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