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Profit Performance of Financial Holding Companies: Evidence from Taiwan

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Academic year: 2021

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Table 1. Means, standard deviations, and correlation of variables MeanSDNOEHHIFOCLRDEBTDLR NOE–0.295.191.00 HHI 0.740.160.181.00 FOC63.7626.530.13–0.201.00 LR270.54194.290.07–0.360.401.00 DEBT87.3813.970.380.260.200.261.00 DLR109.269.35–0.25–0.080.120.02–0
Table 2. Estimation results—random effect ROAROE (1)(2)(3)(4)(5)(6)(7)(8) NOE0.026 (1.14)0.019(0.93)0.019(0.70)0.013(0.48)0.195(1.04)0.180(0.92)0.134(0.78)0.152(0.82) HHI –1.370** (2.23)–2.029***(3.14)–0.663(1.06)–1.376**(2.19)–20.824(1.38)–27.052(1.56)–14

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