은행의 소유·지배구조에 따른 은행경영의 효율성 분석 = Bank Management Efficiency Analysis on Application of Bank Ownership and Governance Structure

다국어 초록 (Multilingual Abstract)

In this study, index of the measure of ownership structure is that based on major holder's shares, governance structure is that based on management characteristics chairman), bank efficiency is based on profitability and stability. To estimate the above theory, this analysis is used panel data in which pooling with 20 case of bank's cross-sectional and 11 year's time-series data.
A causal sequence estimate among bank efficiency and ownership and governance structure : The motivation and goals of bank chairman and major stockholders, for instance, are likely to be a determinant of bank efficiency
According to the multi-regression result:
It was showed through the view of the relation between stockholder's share ratio by big business group and bank efficiency, profitability and stability, coefficients had a negative, moreover statistically insignificant.
And, the relation between average being in office period of bank chairman and bank profitability, coefficients had a negative, moreover statistically insignificant. But, the relation between average being in office period of bank chairman and bank stability, coefficients had a positive, significantly.
In turn, it was found that main cause of bank inefficiency in korea is agency problems.