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
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