Please use this identifier to cite or link to this item: http://hdl.handle.net/11455/23481
標題: The Effect of Banking Structure on Relationship Lending
銀行結構性差異對企業關係放款的影響
作者: 盧萩榕
Lu, Chiu Lung
關鍵字: Banking relationship
銀行關係
transaction lending
relationship lending
交易型貸款
關係型貸款
出版社: 財務金融系所
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摘要: 銀行貸款為小型企業資金需求的一項重要來源,而銀行身負金融監督的角色,以解決借款人與企業間資訊不對稱的問題。當銀行與企業的貸款合作,是透過之間密切合作,並且很依賴企業內部資訊的提供,稱做關係型貸款,這種銀行關係對小型企業尤其重要。但若企業與銀行貸放關係,是不需要透過雙方密切接觸則稱做交易型貸款。 本研究將企業銷售規模、固定資產、多銀行關係及上市櫃公司四項變數作為企業資訊不對稱的判斷依據,以瞭解在不同的銀行特性下,企業與銀行的貸款關係。在小型企業中,發現大銀行、逾放比高的銀行,以及獲利能力高的銀行傾向與銷售、固定資產小的公司以及向單銀行借貸的企業維持關係型貸款。而在中大型公司中,銀行成立年限越長、風險性高的銀行有顯著的交易型貸款關係,獲利能力越高的銀行,則是偏向進行關係型貸款。 當企業資訊透明度較低,屬於銷售規模較小、固定資產小以及非上市櫃公司時,企業貸款銀行家數越少。其中同時與1~5家貸款的公司特性屬於資訊透明度低的公司,同時與6家以上的銀行貸款的公司,企業特性屬於資訊透明度高的公司。 台灣金控銀行的成立,顯著影響企業貸款的型態,實證結果發現金控銀行傾向將資源運用在資訊透明度高的企業上,並進行交易型貸款業務,而排擠對小型企業貸款比例。而大型銀行對小公司放款顯著的從1997年前的關係型貸款轉變為交易型貸款。
The bank loan is an important source of the fund demand of small enterprise, and the bank's finance supervise role can solve the information asymmetry problem between debtor and the enterprise. When the cooperation of bank and enterprises is relied on the offering of information inside enterprises then called as the relationship lending, this kind of relationship is especially important to the small business. But if the cooperation do not need to keep in close touch then claim as the transaction lending. We judge the information asymmetry for four parameter, sales, fixed assets, number of bank relation and listing in order to understand the loan relation between enterprise and bank under different bank characteristics. In the small enterprise, we find the large bank, high non performing loan, and high profitability bank tend to cooperation with little sales, fixed assets company and that lend from single bank. In the medium-and-large sized firm, the bank with long life and high risk tend to get transaction lending. The bank with the higher earning, have intention to carry on the relationship lending. When the enterprise''s information is relatively low in transparency, than the enterprises will grant the loan with fewer banks. If the characteristic of company belongs to low information transparency, there will loan with less then 5 banks at the same time. And if the company lend with more then 6 banks at the same time, than the characteristic of company is high information transparency. The establishment of holding bank in Taiwan apparent to influence the type of lending. The result finds the holding bank tend to attributed the resources on enterprises with high transparency in information, and doing the transaction lending, then squeeze the proportion of the loan to the small business. The large bank make loan to little company changing from the transaction lending into relationship lending.
URI: http://hdl.handle.net/11455/23481
其他識別: U0005-1007200818232900
文章連結: http://www.airitilibrary.com/Publication/alDetailedMesh1?DocID=U0005-1007200818232900
Appears in Collections:財務金融學系所

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