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Corporate Governance and Bank Performance: Empirical Evidence from Vietnamese Listed Banks

이재우|도송황
한국경제통상학회 (The Korean Economic and Business Association)|2020.02|경제연구 (Journal of Economics Studies)|제38권 제1호|pp. 29-53|DOI https://doi.org/10.30776/JES.38.1.2

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기업지배구조Corporate governance은행 성과bank performanceVietnamese listed banks베트남 상장 은행
주제분류경제학

초록

Corporate governance is considered to be one of the most critical factors influencing corporate performance. In the banking sector, corporate governance is important as banks play a specific role in the economic system by facilitating capital allocation and minimizing risk for businesses. Therefore, more and more studies focus on measuring the relationship between corporate governance mechanisms and corporates performance. This empirical study analyses the effect of corporate governance on the performance of listed banks in Vietnam from 2007 to 2017. The results indicate that audit quality and levrage have positive effects impact on bank performance while state-ownership and bank age negatively associated with bank performance. However, board independence and bank size have no impact on bank performance. This study adds to the limited number of studies on the corporate governance of banks in emerging economies.

Abstract

Corporate governance is considered to be one of the most critical factors influencing corporate performance. In the banking sector, corporate governance is important as banks play a specific role in the economic system by facilitating capital allocation and minimizing risk for businesses. Therefore, more and more studies focus on measuring the relationship between corporate governance mechanisms and corporates performance. This empirical study analyses the effect of corporate governance on the performance of listed banks in Vietnam from 2007 to 2017. The results indicate that audit quality and levrage have positive effects impact on bank performance while state-ownership and bank age negatively associated with bank performance. However, board independence and bank size have no impact on bank performance. This study adds to the limited number of studies on the corporate governance of banks in emerging economies.

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