Efficiency evaluation of Taiwan’s commercial banks after IFRS adoption: A two-system network data envelopment approach

The objective of this study is to assess the operational efficiencies of Taiwanese commercial banks from 2013 to 2022, following the adoption of the International Financial Reporting Standards (IFRS) in 2013. This study introduces an extended non-convex two-system network data envelopment analysis (...

Full description

Saved in:
Bibliographic Details
Main Authors: Hsiung Nan-Hsing, Chao Chuang-Min, Yua Ming-Miin
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2025-01-01
Series:Panoeconomicus
Subjects:
Online Access:https://doiserbia.nb.rs/img/doi/1452-595X/2025/1452-595X2400021H.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850138363705688064
author Hsiung Nan-Hsing
Chao Chuang-Min
Yua Ming-Miin
author_facet Hsiung Nan-Hsing
Chao Chuang-Min
Yua Ming-Miin
author_sort Hsiung Nan-Hsing
collection DOAJ
description The objective of this study is to assess the operational efficiencies of Taiwanese commercial banks from 2013 to 2022, following the adoption of the International Financial Reporting Standards (IFRS) in 2013. This study introduces an extended non-convex two-system network data envelopment analysis (DEA) model, which decomposes the production process into two sub-processes: profitability and marketability stages. Additionally, the study categorizes eighteen listed commercial banks into two groups based on their affiliation with financial holding companies (FHCs). The results of the Mann-Whitney U test reveal significant differences in both profitability efficiency and marketability efficiency between FHC banks and non-FHC banks. However, the overall efficiency of FHC banks does not differ significantly from that of non-FHC banks during the sample period. The empirical findings indicate that, on average, banks affiliated with FHCs outperform those not affiliated with FHCs in terms of profitability efficiency, with this effect being statistically significant. Conversely, FHC banks exhibit lower marketability efficiency compared to non-FHC banks. These results suggest that while FHC affiliation can enhance profitability efficiency, it may not necessarily improve marketability efficiency.
format Article
id doaj-art-f05b5ae0d9764f07ab291dd486c8bc3c
institution OA Journals
issn 1452-595X
2217-2386
language English
publishDate 2025-01-01
publisher Economists' Association of Vojvodina
record_format Article
series Panoeconomicus
spelling doaj-art-f05b5ae0d9764f07ab291dd486c8bc3c2025-08-20T02:30:35ZengEconomists' Association of VojvodinaPanoeconomicus1452-595X2217-23862025-01-0172227330210.2298/PAN170706021H1452-595X2400021HEfficiency evaluation of Taiwan’s commercial banks after IFRS adoption: A two-system network data envelopment approachHsiung Nan-Hsing0Chao Chuang-Min1Yua Ming-Miin2National Taipei University of Business, Department of Public Finance and Tax Adminstration, TaiwanNational Taipei University of Technology, Department of Business Management, Taipei, TaiwanNational Taiwan Ocean University, Department of Transportation Science, Keelung City, Taiwan The objective of this study is to assess the operational efficiencies of Taiwanese commercial banks from 2013 to 2022, following the adoption of the International Financial Reporting Standards (IFRS) in 2013. This study introduces an extended non-convex two-system network data envelopment analysis (DEA) model, which decomposes the production process into two sub-processes: profitability and marketability stages. Additionally, the study categorizes eighteen listed commercial banks into two groups based on their affiliation with financial holding companies (FHCs). The results of the Mann-Whitney U test reveal significant differences in both profitability efficiency and marketability efficiency between FHC banks and non-FHC banks. However, the overall efficiency of FHC banks does not differ significantly from that of non-FHC banks during the sample period. The empirical findings indicate that, on average, banks affiliated with FHCs outperform those not affiliated with FHCs in terms of profitability efficiency, with this effect being statistically significant. Conversely, FHC banks exhibit lower marketability efficiency compared to non-FHC banks. These results suggest that while FHC affiliation can enhance profitability efficiency, it may not necessarily improve marketability efficiency.https://doiserbia.nb.rs/img/doi/1452-595X/2025/1452-595X2400021H.pdfbank efficiencynetwork data envelopment analysisinternational financial reporting standardsfinancial holding company
spellingShingle Hsiung Nan-Hsing
Chao Chuang-Min
Yua Ming-Miin
Efficiency evaluation of Taiwan’s commercial banks after IFRS adoption: A two-system network data envelopment approach
Panoeconomicus
bank efficiency
network data envelopment analysis
international financial reporting standards
financial holding company
title Efficiency evaluation of Taiwan’s commercial banks after IFRS adoption: A two-system network data envelopment approach
title_full Efficiency evaluation of Taiwan’s commercial banks after IFRS adoption: A two-system network data envelopment approach
title_fullStr Efficiency evaluation of Taiwan’s commercial banks after IFRS adoption: A two-system network data envelopment approach
title_full_unstemmed Efficiency evaluation of Taiwan’s commercial banks after IFRS adoption: A two-system network data envelopment approach
title_short Efficiency evaluation of Taiwan’s commercial banks after IFRS adoption: A two-system network data envelopment approach
title_sort efficiency evaluation of taiwan s commercial banks after ifrs adoption a two system network data envelopment approach
topic bank efficiency
network data envelopment analysis
international financial reporting standards
financial holding company
url https://doiserbia.nb.rs/img/doi/1452-595X/2025/1452-595X2400021H.pdf
work_keys_str_mv AT hsiungnanhsing efficiencyevaluationoftaiwanscommercialbanksafterifrsadoptionatwosystemnetworkdataenvelopmentapproach
AT chaochuangmin efficiencyevaluationoftaiwanscommercialbanksafterifrsadoptionatwosystemnetworkdataenvelopmentapproach
AT yuamingmiin efficiencyevaluationoftaiwanscommercialbanksafterifrsadoptionatwosystemnetworkdataenvelopmentapproach