CAPITAL STRUCTURE AND DYNAMIC PERFORMANCE: EVIDENCE FROM ASEAN-5 BANKS

被引:17
|
作者
Nourani, Mohammad [1 ]
Ting, Irene Wei Kiong [2 ]
Lu, Wen-Min [3 ]
Kweh, Qian Long [4 ]
机构
[1] Univ Malaya, Fac Econ & Adm, Dept Econ, Jalan Univ, Kuala Lumpur 50603, Malaysia
[2] Univ Malaysia Pahang, Fac Ind Management, Gambang 26600, Kuantan Pahang, Malaysia
[3] Natl Def Univ, Dept Financial Management, 70,Sec 2,Zhongyang North Rd, Taipei 112, Taiwan
[4] Canadian Univ Dubai, Fac Management, POB 117781,1st Interchange,Sheikh Zayed Rd, Dubai, U Arab Emirates
来源
SINGAPORE ECONOMIC REVIEW | 2019年 / 64卷 / 03期
关键词
OR in banking; data envelopment analysis; dynamic slacks-based measure; bank performance; capital structure; SLACKS-BASED MEASURE; FIRM PERFORMANCE; EUROPEAN BANKING; OWNERSHIP STRUCTURE; EFFICIENCY; DEA; DETERMINANTS; GROWTH; MARKET;
D O I
10.1142/S021759081650034X
中图分类号
F [经济];
学科分类号
02 ;
摘要
In today's dynamic economy, banks should focus on improving their dynamic performance to stay competitive. Using a dataset for the period 2007-2013, this paper evaluates the dynamic performance of ASEAN-5 banks through a data envelopment analysis (DEA) model, called the dynamic slacks-based measure (DSBM) model. The DEA results indicate that banks in Malaysia perform better than those in Singapore, Thailand, Indonesia and the Philippines. Frontier projections through DEA indicate that banks in the ASEAN-5 countries underutilize their long-term assets, resulting in inefficiencies. Furthermore, this study finds that capital structure as a whole is positively related to bank performance.
引用
收藏
页码:495 / 516
页数:22
相关论文
共 50 条
  • [21] Family ownership and capital structure: evidence from ASEAN countries
    Tran, Trang Khanh
    Nguyen, Lan Thi Mai
    CHINA FINANCE REVIEW INTERNATIONAL, 2023, 13 (02) : 207 - 229
  • [22] THE RELATIONSHIP BETWEEN FEDERAL GOVERNMENT REVENUE AND SPENDING: EMPIRICAL EVIDENCE FROM ASEAN-5 COUNTRIES
    Karim, Zulkefly Abdul
    Asri, Norain Mod
    Abdullah, Azrina Al-Hadi
    Antoni
    Yusoff, Zetty Zahureen Mohd
    ECONOMIC JOURNAL OF EMERGING MARKETS, 2006, 11 (02) : 91 - 113
  • [23] Revisiting the effects of oil prices on exchange rate: asymmetric evidence from the ASEAN-5 countries
    Kisswani, Khalid M.
    Harraf, Arezou
    Kisswani, Amjad M.
    ECONOMIC CHANGE AND RESTRUCTURING, 2019, 52 (03) : 279 - 300
  • [24] MARKET STRUCTURE AND EFFICIENCY PERFORMANCE OF ASEAN BANKS
    Ab-Rahim, Rossazana
    Subramaniam, Vimal Prakash Rao
    Selvarajan, Sonia Kumari
    ASIA-PACIFIC MANAGEMENT ACCOUNTING JOURNAL, 2020, 15 (02): : 169 - 188
  • [25] Revisiting the effects of oil prices on exchange rate: asymmetric evidence from the ASEAN-5 countries
    Khalid M. Kisswani
    Arezou Harraf
    Amjad M. Kisswani
    Economic Change and Restructuring, 2019, 52 : 279 - 300
  • [26] Revisiting the environmental kuznets curve hypothesis: evidence from the ASEAN-5 countries with structural breaks
    Kisswani, Khalid M.
    Harraf, Arezou
    Kisswani, Amjad M.
    APPLIED ECONOMICS, 2019, 51 (17) : 1855 - 1868
  • [27] The determinants of dual listing decision of firms from ASEAN-5
    Bin-Dohry, Awadh Saeed
    Shahar, Hanita Kadir
    Sabki, Sharmilawati
    COGENT ECONOMICS & FINANCE, 2021, 9 (01):
  • [28] Interdependence of ASEAN-5 Stock Markets from the US and Japan
    Majid, M. Shabri Abd.
    Meera, Ahamed Kameel Mydin
    Omar, Mohd. Azmi
    GLOBAL ECONOMIC REVIEW, 2008, 37 (02) : 201 - 225
  • [29] The interaction effect of family ownership, board gender and skills on CSR strategy with ESG performance: evidence from ASEAN-5 countries
    Ab Aziz, Noor Hidayah
    Latiff, Ahmed Razman Abdul
    Osman, Mohammad Noor Hisham
    Alshdaifat, Sajead Mowafaq
    CORPORATE GOVERNANCE-THE INTERNATIONAL JOURNAL OF BUSINESS IN SOCIETY, 2024,
  • [30] Do the business cycle and revenue diversification matter for banks' capital buffer and credit risk: Evidence from ASEAN banks
    Ovi, Nafisa
    Bose, Sudipta
    Gunasekarage, Abeyratna
    Shams, Syed
    JOURNAL OF CONTEMPORARY ACCOUNTING & ECONOMICS, 2020, 16 (01)