Artikel
Financial market regulation, country governance, and bank efficiency: Evidence from East Asian countries
This paper examines the relationship between financial market regulation, country governance and efficiency of commercial banks in East Asian economies during the period 2001-2008 using a two-stage estimation technique. In the first stage, we employ a non-parametric approach-Data Envelopment Analysis (DEA)-to estimate the banks' cost and profit efficiency scores and then Tobit estimation to analyze the impact of financial market regulations and country governance on bank efficiency. The results suggest that commercial banks in East Asia are relatively profit efficient rather than cost efficient. The findings show that countries with more financial freedom and independence are more cost efficient. Moreover, government effectiveness is found to be positively related to bank efficiency. Consistent with economic theory, corruption is negatively related to bank efficiency. Therefore, this study reveals the importance of financial market regulations and country governance as catalysts for efficient banking operations in East Asian economies.
- Sprache
-
Englisch
- Erschienen in
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Journal: Contemporary Economics ; ISSN: 2084-0845 ; Volume: 10 ; Year: 2016 ; Issue: 1 ; Pages: 39-54 ; Warsaw: Vizja Press & IT
- Klassifikation
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Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Financial Institutions and Services: Government Policy and Regulation
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
- Thema
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bank efficiency
institutional environment
data envelopment analysis
tobit regression
East Asia
- Ereignis
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Geistige Schöpfung
- (wer)
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Chan, Sok-Gee
Karim, Mohd Zaini Abd
- Ereignis
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Veröffentlichung
- (wer)
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Vizja Press & IT
- (wo)
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Warsaw
- (wann)
-
2016
- DOI
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doi:10.5709/ce.1897-9254.197
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Chan, Sok-Gee
- Karim, Mohd Zaini Abd
- Vizja Press & IT
Entstanden
- 2016