7. Conclusion and Implications
7.1 Limitations and Future Study Direction
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the banking industry as well as to further academic discussion of the topic. The research shows that previous methods that take into account only the figures without cross-refencing that data with industry professional for deeper discussion are inadequate. Only through a truly varied approach can the anomaly be understood across all its aspects, leaving clear lines of discussion for further insight in to the future of Taiwan’s banking industries influence internationally. Many of the original expectations of this paper have been confirmed in the reaseach however more importantly many have also been shown to have been misplaced.
Both the influence of the Chinese government and competitor financial centres were grossly overestimated, discoveries like this are the reason why such research is necessary, not only looking to prove one’s expectations as correct but also by being prepared to accept
expectations that were wrong and then exploring background to such realisations. Perhaps the most poignant realisation and implication of this research is that without strong leadership in the structural reformation of the banking system in Taiwan it will continue to have
disproportional international influence in relation to the strength of the Taiwanese
government. The paper finds that at this time government intervention is absolutely necessary before free market principle can begin to take effect.
7.1 Limitations and Future Study Direction
It must be acknowledged there were certain limitation in this study, one is the author lack of ability to sufficiently analyse local Chinese based data, this would add much more
perspective than using predominantly international English based sources. Another is the papers decision to focus on the main issues affecting the internationalisation of Taiwanese banks without looking deeper into specific issues. A future study would do well to look specifically at the issues of bank ownership and how this affect the internationalisation of Taiwanese banks. By separating the questionnaire data results by state and privately-owned
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banks this could have been better considered. However, the author took the decision that this would warrant a whole new study that could not only consider SOB’s against POB’s but also look at those banks associated with the main business families in Taiwan. Overall the topic has been well analysed and has performed its foremost objective of highlighting areas that warrant further study.
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APPENDIX
No. Content Page
1 A copy of the bilingual AHP based questionnaire given out to industry professionals in Taiwanese banks.
52-56
2 AHP results from section 1 Main topics of the questionnaire. 57
3 AHP results from section 2 Political Issues of the questionnaire. 58
4 AHP results from section 3 Economic Issues of the questionnaire. 59
5 AHP results from section 4 Globalisation Issues of the questionnaire. 60
6 AHP results from section 5 Ease of Doing Business Issues of the questionnaire.
61
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Which factors do you believe to be more important when considering the internationalisation challenges facing the Taiwanese banking sector?
你認為哪一個因素是比較重要的：當思考台灣銀行業面臨國際化的挑戰
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Which factors do you believe to be more important when considering the internationalisation challenges facing the Taiwanese banking sector?
你認為哪一個因素是比較重要的：當思考台灣銀行業面臨國際化的挑戰
A1- Cross-Strait Relations - 兩岸關係 A3- Access to the Chinese Market - 進入中國市場 Most
A1- Cross-Strait Relations - 兩岸關係 A4- Domestic Party Politics - 國內政黨政治 Most
A3- Access to the Chinese Market - 進入中國市場 A4- Domestic Party Politics - 國內政黨政治 Most
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Which factors do you believe to be more important when considering the internationalisation challenges facing the Taiwanese banking sector?
你認為哪一個因素是比較重要的：當思考台灣銀行業面臨國際化的挑戰
B1-Overbanking -銀行過度競爭 B3- Economic Stability - 經濟穩定 Most
B1-Overbanking -銀行過度競爭 B4- Access to Capital - 獲取資本 Most
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C- Globalisation Issues - 全球化議題
Which factors do you believe to be more important when considering the internationalisation challenges facing the Taiwanese banking sector?
你認為哪一個因素是比較重要的：當思考台灣銀行業面臨國際化的挑戰
Q1
C1- Financial Regulations - 金融監管 C2- Strength of State Banks - 國家銀行強度 Most
C1- Financial Regulations - 金融監管 C3- Competitor Financial Centres - 競爭金融中心 Most
C1- Financial Regulations - 金融監管 C4- Innovation - 創薪 Most
C2- Strength of State Banks - 國家銀行強度 C3- Competitor Financial Centres - 競爭金融中心 Most
C3- Competitor Financial Centres - 競爭金融中心 C4- Innovation - 創薪 Most
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Which factors do you believe to be more important when considering the internationalisation challenges facing the Taiwanese banking sector?
你認為哪一個因素是比較重要的：當思考台灣銀行業面臨國際化的挑戰
Q1
D1- English Proficiency - 英語能力 D2- Education Quality - 教學質量 Most
D1- English Proficiency - 英語能力 D3- Taiwanese Business Culture - 台灣商業文化 Most
D2- Education Quality - 教學質量 D3- Taiwanese Business Culture - 台灣商業文化 Most
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