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

Nourani, Mohammad and Irene, Wei Kiong Ting and Lu, Wen-Min and Qian, Long Kweh (2019) Capital structure and dynamic performance: evidence from Asean-5 banks. Singapore Economic Review, 64 (3). pp. 495-516. ISSN 0217-5908. (Published)

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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.

Item Type: Article
Additional Information: Indexed by SCOPUS
Uncontrolled Keywords: OR in banking; Data envelopment analysis; Dynamic slacks-based measure; Bank performance; Capital structure
Subjects: H Social Sciences > HF Commerce
Faculty/Division: Faculty of Industrial Management
Depositing User: Noorul Farina Arifin
Date Deposited: 28 Dec 2017 03:45
Last Modified: 25 May 2022 02:38
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