Bank performance in China: A Perspective from Bank efficiency, risk-taking and market competition

被引：79

作者：

Fang, Jianchun ^{[1
]}

Lau, Chi-Keung Marco ^{[2
]}

Lu, Zhou ^{[3
]}

Tan, Yong ^{[2
]}

Zhang, Hua ^{[4
,5
]}

机构：

[1] Zhejiang Univ, Zhejiang Univ Technol, Hangzhou, Zhejiang, Peoples R China

[2] Univ Huddersfield, Huddersfield, W Yorkshire, England

[3] Tianjin Univ Commerce, Tianjin, Peoples R China

[4] Zhejiang Univ, Sch Econ, Hangzhou, Zhejiang, Peoples R China

[5] Zhejiang Univ, Acad Financial Res, Hangzhou, Zhejiang, Peoples R China

来源：

PACIFIC-BASIN FINANCE JOURNAL | 2019年 / 56卷

关键词：

Interest rate liberalization; Bank competition; Bank efficiency; Bank profitability; China; EUROPEAN BANKING; PROFITABILITY; IMPACTS; DEA;

D O I：

10.1016/j.pacfin.2019.06.011

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

The current paper contributes to the empirical literature on bank profitability by testing the joint-impact of different types of risk, competition in different banking markets and different types of efficiency on bank profitability using a sample of Chinese commercial banks over the period 2003-2017. In particular, we fill in the gap of the empirical studies by examining the impact of efficiency on profitability when banks undertake different levels of risk-taking behaviour and face different degrees of competition. The results show that competition in the Chinese banking markets (deposit market, loan market and non-interest income market) is stronger over the period 2003-2005 and also 2014-2017. In addition, it is found that bank size, cost efficiency, profit efficiency and inflation are significantly related to bank profitability. Finally, we find that the positive impact of cost efficiency on profitability is stronger when banks undertake higher levels of risk and face more competition.

引用

页码：290 / 309

页数：20

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