Bank Efficiency and Shareholder Value in Asia Pacific

Research output: Contribution to journalArticlepeer-review

Standard Standard

Bank Efficiency and Shareholder Value in Asia Pacific. / Molyneux, P.; Fu, X.; Lin, Y.
In: Journal of International Financial Markets, Institutions and Money, Vol. 33, 23.08.2014, p. 200-222.

Research output: Contribution to journalArticlepeer-review

HarvardHarvard

Molyneux, P, Fu, X & Lin, Y 2014, 'Bank Efficiency and Shareholder Value in Asia Pacific', Journal of International Financial Markets, Institutions and Money, vol. 33, pp. 200-222. https://doi.org/10.1016/j.intfin.2014.08.004

APA

Molyneux, P., Fu, X., & Lin, Y. (2014). Bank Efficiency and Shareholder Value in Asia Pacific. Journal of International Financial Markets, Institutions and Money, 33, 200-222. https://doi.org/10.1016/j.intfin.2014.08.004

CBE

Molyneux P, Fu X, Lin Y. 2014. Bank Efficiency and Shareholder Value in Asia Pacific. Journal of International Financial Markets, Institutions and Money. 33:200-222. https://doi.org/10.1016/j.intfin.2014.08.004

MLA

Molyneux, P., X. Fu and Y. Lin. "Bank Efficiency and Shareholder Value in Asia Pacific". Journal of International Financial Markets, Institutions and Money. 2014, 33. 200-222. https://doi.org/10.1016/j.intfin.2014.08.004

VancouverVancouver

Molyneux P, Fu X, Lin Y. Bank Efficiency and Shareholder Value in Asia Pacific. Journal of International Financial Markets, Institutions and Money. 2014 Aug 23;33:200-222. doi: 10.1016/j.intfin.2014.08.004

Author

Molyneux, P. ; Fu, X. ; Lin, Y. / Bank Efficiency and Shareholder Value in Asia Pacific. In: Journal of International Financial Markets, Institutions and Money. 2014 ; Vol. 33. pp. 200-222.

RIS

TY - JOUR

T1 - Bank Efficiency and Shareholder Value in Asia Pacific

AU - Molyneux, P.

AU - Fu, X.

AU - Lin, Y.

PY - 2014/8/23

Y1 - 2014/8/23

N2 - This paper uses dynamic panel estimation approaches to investigate the relationship between shareholder value and efficiency for a large sample of commercial banks in 14 Asia-Pacific economies between 2003 and 2010. In general, the results indicate that shareholder value is positively linked to improvements in both cost and profit efficiency, and the influence varies over time. The findings also suggest that bank size, credit losses, and market risk significantly influence bank performance. These results are robust to various model specifications.

AB - This paper uses dynamic panel estimation approaches to investigate the relationship between shareholder value and efficiency for a large sample of commercial banks in 14 Asia-Pacific economies between 2003 and 2010. In general, the results indicate that shareholder value is positively linked to improvements in both cost and profit efficiency, and the influence varies over time. The findings also suggest that bank size, credit losses, and market risk significantly influence bank performance. These results are robust to various model specifications.

U2 - 10.1016/j.intfin.2014.08.004

DO - 10.1016/j.intfin.2014.08.004

M3 - Article

VL - 33

SP - 200

EP - 222

JO - Journal of International Financial Markets, Institutions and Money

JF - Journal of International Financial Markets, Institutions and Money

SN - 1042-4431

ER -