Số phát hành: Số 1 - Tháng 1 - 2024Tài chính - Ngân hàng - Bảo hiểm
The influence of competition on the stability of commercial banks in Vietnam
Xuất bản: tháng 7 27, 2026
Tóm tắt
This study explored the impact of banking competition on the stability of commercial banks in Vietnam. Using data from 24 commercial banks from 2015 to 2022, the study employed the two-step System Generalized Method of Moments (S-GMM) regression method. The findings reveal a positive relationship between competition and bank stability, suggesting that increased competition enhances the stability of commercial banks in Vietnam. Based on these findings, several recommendations are proposed to assist regulatory authorities and commercial banks in maintaining the stability of the Vietnamese banking system
Từ khóa
banking competitionbank stabilitySGMMcommercial banks in Vietnam
Tài liệu tham khảo
1.
Allen, F. & Gale, D.M. (2008). Competition and Financial Stability. Journal of Money, Credit and Banking, 36(3), 453-480.
2.
Berger, A.N., Klapper, L.F. & Turk-Ariss, R. (2008). Bank Competition and Financial Stability. Journal of Financial Services Research, 35(2), 99-118.
3.
Boyd, J.H. & De Nicoló, G. (2005). The Theory of Bank Risk-taking and Competition Revisited. The Journal of Finance, 60(3), 1329-1343.
4.
Keeley, M.C. (1990). Deposit Insurance, Risk, and Market Power in Banking. The American Economic Review, 80(5), 1183-1200.
5.
Cao, Y. et al. (2020). Bank Competition and Financial Stability: Evidence from the U.S. Banking Deregulation. The Journal of Financial and Quantitative Analysis, 51(1), 1-28.
6.
Chodorow-Reich, G. & Falato, A. (2021). The Loan Covenant Channel: How Bank Health Transmits to the Real Economy. The Journal of Finance, 77(1), 85-128.
7.
Fu, X., Lin, Y. & Molyneux, P. (2014). Bank Competition and Financial Stability in Asia Pacific. Journal of Banking & Finance, 38, 64-77.
8.
Jiménez, G., Lopez, J.A. & Saurina, J. (2013). How Does Competition Affect Bank Risk-taking? Journal of Financial Stability, 9(2), 185-195.
9.
Leroy, A. & Lucotte, Y. (2017). Is There a Competition-Stability Trade-off in European Banking? Journal of International Financial Markets, Institutions and Money, 46, 199-215.
10.
Moudud-Ul-Huq, S. (2021). Does Bank Competition Matter for Performance and Risk-taking? Empirical Evidence from BRICS Countries. International Journal of Emerging Markets, 16(3), 409-447.
11.
Nguyen, N.T. et al. (2023). The Impact of Bank Competition on Bank Stability in Vietnam: The Moderating Role of Shadow Banking. Cogent Business & Management, 10(2), 1-25.
12.
Nguyen, T.L., Le, A.H. & Tran, D.M. (2017). Bank Competition and Financial Stability: Empirical Evidence in Vietnam. In Econometrics for Financial Applications (pp. 584-596). Springer.
13.
Nguyen, T.N. et al. (2022). Corporate Governance and Financial Stability: The Case of Commercial Banks in Vietnam. Journal of Risk and Financial Management, 15(11), 514.
14.
Nyangu, M. et al. (2022). Bank Concentration, Competition and Financial Stability Nexus in the East African Community: Is There a Trade-off? Cogent Economics & Finance, 10(1), 1-25.
15.
Pham, H.T.X. & Nguyen, N.T. (2020). Factors Affecting the Stability of Commercial Banks in Vietnam. International Conference on CIFBA, 545-555.
16.
Phan, H.T. et al. (2019). Competition, Efficiency and Stability: An Empirical Study of East Asian Commercial Banks. The North American Journal of Economics and Finance, 50, 100990.
17.
Nguyen Kim, Q.T. (2022). Board of Directors Characteristics Affect Commercial Banks Performance: Evidence in Vietnam. Cogent Business & Management, 9(1), 1-33.
18.
Saksonova, S. & Solovjova, I. (2012). Some Quantitative Aspects of Stability Management Strategy in a Bank. Procedia - Social and Behavioral Sciences, 58, 569-577.
19.
Schaeck, K., Cihak, M. & Wolfe, S. (2009). Are Competitive Banking Systems More Stable? Journal of Money, Credit and Banking, 41(4), 711-734.
20.
Pham, T.T., Dao, L.K. & Nguyen, V.C. (2021). The Determinants of Banks Stability: A System GMM Panel Analysis. Cogent Business & Management, 8(1), 1-18.
21.
Zhanbolatova, A. et al. (2018). Relationship Between Bank Competition and Stability: The Case of the UK. Banks and Bank Systems, 13(1), 98-114.
Cùng chuyên mục
Bài viết liên quan
Các bài trong chuyên đề «Tài chính - Ngân hàng - Bảo hiểm».