Does corporate governance really matter for bank efficiency? Evidence from ASEAN countries
Thi Lam Anh Nguyen () and
Xuan Vinh Vo
Additional contact information
Thi Lam Anh Nguyen: Banking Academy
Eurasian Economic Review, 2020, vol. 10, issue 4, No 6, 706 pages
Abstract This paper examines the impacts of corporate governance on the efficiency of ASEAN banks from 2007 to 2014. The bank efficiency levels are estimated using the SFA model of Kumbhakar et al. (J Prod Anal 41:321–37, https://doi.org/10.1007/s11123-012-0303-1 , 2014). The impacts of various corporate governance aspects on bank efficiency are assessed using the Dynamic system GMM model. The results indicate that government-owned banks are more cost-efficient, but not more profit efficient than both foreign and private banks. Banks with larger boards are more cost-efficient in both the long term and short term, but only more profit efficient in the short term. In addition, foreign ownership, board independence, and CEO duality show no significant impact on bank efficiency levels.
Keywords: Bank efficiency; Ownership structure; Board structure; ASEAN (search for similar items in EconPapers)
JEL-codes: G21 G28 G34 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s40822-020-00151-4 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:eurase:v:10:y:2020:i:4:d:10.1007_s40822-020-00151-4
Ordering information: This journal article can be ordered from
Access Statistics for this article
Eurasian Economic Review is currently edited by Dorothea Schäfer
More articles in Eurasian Economic Review from Springer, Eurasia Business and Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().