本研究使用臺灣借貸市場，探討企業與銀行間貸款距離是否會對其貸款合約造成影響，其中以貸款利差和擔保品使用以及擔保品內容作為被解釋變數進行迴歸分析，實證結果顯示隨著貸款距離增加，銀行將要求更高的貸款利差，除此之外，擔保品使用之可能性將減少，而擔保品價值亦是相似情況。另一方面，進一步探討銀行相關特徵如何影響其貸款之選擇，發現銀行為公股銀行時，偏好貸款距離近的企業做為貸款對象，另外銀行之貸款集中度、槓桿程度、規模、經營年數等相關特徵亦顯著影響銀行願意貸款之距離。

This study explores whether the distance between the firm and the bank will affect the loan contracts. The regression analysis use the loan spread, the use of the collateral and the value of the collateral as the dependent variable. The empirical results show that as the distance increase, the bank will require more loan spread. In addition to the likelihood of the use of the collateral will decline, and so as the value of the collateral. Furthermore, we explore how bank-related characteristics affect the choice of loans. The empirical results indicate that when banks are public shares banks, they prefer the firms which distance is nearest to be prospective borrowers. On the other hand, the loans concentration of the bank, leverage, scale, and age all significantly affect the distance which banks are willing to lend.

目錄

論文審定書 i
摘要 ii
ABSTRACT iii
表次 v
壹 緒論 1
貳 文獻回顧與假說設計 5
一、 貸款合約內容 5
二、 貸款利差與擔保品使用 6
參 研究資料與方法 10
一、 資料描述與樣本來源 10
二、 模型設定 10
三、 變數說明 12
四、 敘述統計 13
肆 實證結果與分析 16
一、 貸款距離與貸款利差實證結果 16
二、 貸款距離與擔保品使用實證結果 17
三、 貸款距離與擔保品內容實證結果 18
四、 銀行特徵與貸款距離實證結果 19
伍 結論 21
參考文獻 22

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