Impact of International Capital on Cost Efficiency of Southeast Asian Countries Banks─A Comparison among Three Countries

• Main Authors: CHENG, CHIA-WEI, 鄭嘉瑋
• Other Authors: CHENG, CHENG-PING
• Format: Others
• Language: zh-TW
• Published: 2017
• Online Access: http://ndltd.ncl.edu.tw/handle/6r8e6s

碩士 === 國立雲林科技大學 === 財務金融系 === 105 === With the economic growth of Southeast Asia, a huge population dividend, with loose monetary and other economic policies to stimulate the living water, attracting a lot of foreign vision, the first to enter, so that ASEAN countries moderate economic recovery, coupled with the new south to promote policy, making forward Southeast Asia investment Become a hot topic. In this paper, the research period is from 2011 to 2013. It mainly studies the operating efficiency of the Bank of the three countries, including 18 Singapore banks, 39 from Malaysia, 36 in Vietnam and 261 in the number of samples .Under the stochastic cost frontier model of Battese and Coelli (1995), we estimate the bank individual stochastic frontier cost efficiency for both southeast asian three countries. Then exploit the stochastic metafrontier approach (SMF) of Huang et al. (2014) to compare the different cost efficiency among southeast asian three countries The empirical result finds that : (1) foreign investment into the shares of the three countries of the Bank of the cost of inefficiency are negative, and the increase in foreign ownership, but also to enhance the performance of the bank; (2) the number of branches on the bank, Vietnamese banks are optimal and stable, followed by Malaysian banks, and Singapore is the worst and unstable. (3) Vietnamese banks are the best and stable, followed by Malaysian banks, Singapore's worst and unstable.