Measuring the Efficiency of Banks - Successful Mergers in the Korean Banking Sector

• 영문명: Measuring the Efficiency of Banks
• 발행기관: 한국경제발전학회
• 저자명: Kimie Harada
• 간행물 정보: 『경제발전연구』경제발전연구 제12권 제1호, 51~93쪽, 전체 43쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2006.06.01

영문 초록

  This paper investigates how the Korean banking sector has accomplished reform, with a focus on mergers and acquisitions of banks. It examines the technical efficiency implications of Korean banks to evaluate their preand post-consolidation efficiency. Using a sample from the period 1996 to 2003, we consider two hypotheses: whether banks with high foreign ownership perform better than domestic banks, and whether bigger banks or banks under a holding company improve their efficiencies and become more competitive.
  The study has some significant findings. Average bank scale efficiency deteriorated until 1998, then gradually improved to 2003. Banks with high foreign ownership performed better than other banks. Bank holding companies’ efficiency level fell temporarily after compulsory or voluntary mergers, but they still enjoyed high efficiency scores even after becoming larger.(JEL : G21, G34, D21)

목차

영어 초록
Ⅰ. Introduction
Ⅱ. Banking System and Related Literature
Ⅲ. The Non-parametric Methodology
Ⅳ. Estimation Results
Ⅴ. Conclusion
Appendix
Reference

키워드

Banks Consolidation Data envelope analysis Efficient analysis