IDEAS home Printed from https://ideas.repec.org/a/mes/emfitr/v50y2014i03p190-200.html
   My bibliography  Save this article

Profit Performance of Financial Holding Companies: Evidence from Taiwan

Author

Listed:
  • Wan-Chun Liu
  • Chen-Min Hsu

Abstract

The paper aims to examine the determinants of profit performance of financial holding companies (FHCs) using panel data for the period 2001-9. The effects of bank-specific ownership structure and dual-core strategy are examined. Our findings show that (1) business diversification, a lower financial cost, a higher liquidity ratio, larger assets, and lower debt ratios can improve the profit performance of FHCs; (2) the percentage of director or government ownership does not affect FHCs' profitability, whereas foreign ownership has a significantly negative impact on FHC profitability; and (3) a dual-core strategy including banking and insurance has higher profit performance than the other strategies.

Suggested Citation

  • Wan-Chun Liu & Chen-Min Hsu, 2014. "Profit Performance of Financial Holding Companies: Evidence from Taiwan," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 50(03), pages 190-200, May.
    • Handle: RePEc:mes:emfitr:v:50:y:2014:i:03:p:190-200
    as

    Download full text from publisher

    File URL: http://mesharpe.metapress.com/link.asp?target=contribution&id=UU186V35352P57QN
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ahmad Maulin Naufa & Mamduh M. Hanafi & I Wayan Nuka Lantara, 2021. "Foreign Ownership, Stock Performance-Risk, And Macroeconomic Factors In Asean Countries," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 24(1), pages 151-168, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:emfitr:v:50:y:2014:i:03:p:190-200. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MREE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.