Capital structure and dynamic performance : evidence from ASEAN-5 banks

Date
2019
Authors
Nourani, Mohammad
Ting, Irene Wei Kiong
Lu, Wen-Min
Kweh, Qian Long
Journal Title
Journal ISSN
Volume Title
Publisher
World Scientific Publishing Co. Pte Ltd
Abstract
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. © 2019 World Scientific Publishing Company.
Description
Full text of this article is available in CUD LRC electronic resources at:: https://search-ebscohost-com.ezp.cud.ac.ae/login.aspx?direct=true&db=bth&AN=136663038&site=bsi-live
Keywords
Bank performance, Capital structure, Data envelopment analysis, Dynamic slacks-based measure, OR in banking, ASEAN, Banking, Capital market, Data set, Performance assessment, Indonesia, Malaysia, Singapore [Southeast Asia], Thailand
Citation
Nourani, M., Ting, I. W. K., Lu, W.-M., & Kweh, Q. L. (2019). Capital structure and dynamic performance: Evidence from ASEAN-5 banks. Singapore Economic Review, 64(3), 495–516. https://doi.org/10.1142/S021759081650034X