메뉴 건너뛰기




Volumn 20, Issue 20, 2010, Pages 1585-1600

Determinants of financial performance in Chinese banking

Author keywords

[No Author keywords available]

Indexed keywords

BANKING; CAPITAL MARKET; EFFICIENCY MEASUREMENT; FINANCIAL MARKET; MACROECONOMICS; PERFORMANCE ASSESSMENT; STOCK MARKET;

EID: 77957733875     PISSN: 09603107     EISSN: 14664305     Source Type: Journal    
DOI: 10.1080/09603107.2010.505553     Document Type: Article
Times cited : (77)

References (56)
  • 1
    • 0242451231 scopus 로고    scopus 로고
    • Consistent model and moment selection procedures for GMM estimation with application to dynamic panel data models
    • Andrews, D. W. K. and Lu, B. (2001) Consistent model and moment selection procedures for GMM estimation with application to dynamic panel data models, Journal of Econometrics, 101, 123-164.
    • (2001) Journal of Econometrics , vol.101 , pp. 123-164
    • Andrews, D.W.K.1    Lu, B.2
  • 2
    • 84881844837 scopus 로고
    • Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations
    • Arellano, M. and Bond, S. R. (1991) Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations, Review of Economic Studies, 58, 277-297.
    • (1991) Review of Economic Studies , vol.58 , pp. 277-297
    • Arellano, M.1    Bond, S.R.2
  • 3
    • 58149364940 scopus 로고
    • Another look at the instrumental-variable estimation of error-components models
    • Arellano, M. and Bover, O. (1995) Another look at the instrumental-variable estimation of error-components models, Journal of Econometrics, 68, 29-52.
    • (1995) Journal of Econometrics , vol.68 , pp. 29-52
    • Arellano, M.1    Bover, O.2
  • 7
    • 56549092299 scopus 로고    scopus 로고
    • Bank ownership and efficiency in China: What will happen to the world's largest nation?
    • Berger, A. N., Hasan, I. and Zhou, M. (2009) Bank ownership and efficiency in China: what will happen to the world's largest nation?, Journal of Banking and Finance, 33, 113-130.
    • (2009) Journal of Banking and Finance , vol.33 , pp. 113-130
    • Berger, A.N.1    Hasan, I.2    Zhou, M.3
  • 8
    • 0000786043 scopus 로고    scopus 로고
    • Efficiency of financial institutions: International survey and directions for further research
    • Berger, A. N. and Humphrey, D. (1997) Efficiency of financial institutions: international survey and directions for further research, European Journal of Operation Research, 98, 175-212.
    • (1997) European Journal of Operation Research , vol.98 , pp. 175-212
    • Berger, A.N.1    Humphrey, D.2
  • 9
    • 0001438979 scopus 로고    scopus 로고
    • Initial conditions and moment restrictions in dynamic panel data models
    • Blundell, R. and Bond, S. (1998) Initial conditions and moment restrictions in dynamic panel data models, Journal of Econometrics, 87, 115-143.
    • (1998) Journal of Econometrics , vol.87 , pp. 115-143
    • Blundell, R.1    Bond, S.2
  • 11
    • 13244255773 scopus 로고    scopus 로고
    • Dynamic panel data models: A guide to micro data methods and practice
    • Bond, S. (2002) Dynamic panel data models: a guide to micro data methods and practice, Portuguese Economic Journal, 1, 141-162.
    • (2002) Portuguese Economic Journal , vol.1 , pp. 141-162
    • Bond, S.1
  • 12
    • 8644251413 scopus 로고    scopus 로고
    • Bank performance, efficiency, and ownership in transition economies
    • Bonin, J. P., Hasan, I. and Wachtel, P. (2005) Bank performance, efficiency, and ownership in transition economies, Journal of Banking and Finance, 29, 31-53.
    • (2005) Journal of Banking and Finance , vol.29 , pp. 31-53
    • Bonin, J.P.1    Hasan, I.2    Wachtel, P.3
  • 14
    • 0011244878 scopus 로고
    • Are banks dead? Or are the reports greatly exaggerated? Federal Reserve Bank of Minneapolis
    • Boyd, J. H. and Gertler, M. (1994) Are banks dead? Or are the reports greatly exaggerated? Federal Reserve Bank of Minneapolis, Quarterly Review, 18, 2-23.
    • (1994) Quarterly Review , vol.18 , pp. 2-23
    • Boyd, J.H.1    Gertler, M.2
  • 15
    • 27144539866 scopus 로고    scopus 로고
    • Bank efficiency in China: Application of DEA to pre- and post-deregulations era: 1993-2000
    • Chen, X., Skully, M. and Brown, K. (2005) Bank efficiency in China: application of DEA to pre- and post-deregulations era: 1993-2000, China Economic Review, 16, 229-245.
    • (2005) China Economic Review , vol.16 , pp. 229-245
    • Chen, X.1    Skully, M.2    Brown, K.3
  • 16
    • 77957729208 scopus 로고    scopus 로고
    • The administrative rules governing the equity investment in chinese institutions
    • China Banking Regulatory Commission (CBRC), Available at, accesses 27 July 2010
    • China Banking Regulatory Commission (CBRC) (2003) The administrative rules governing the equity investment in Chinese institutions. Available at www.cbrc.gov.cn (accesses 27 July 2010).
    • (2003)
  • 17
    • 0040736803 scopus 로고    scopus 로고
    • China Finance Society, China Financial Publishing House, Beijing
    • China Finance Society (2007) Almanac of China's Finance and Banking, China Financial Publishing House, Beijing.
    • (2007) Almanac of China's Finance and Banking
  • 18
    • 0040736803 scopus 로고    scopus 로고
    • China Finance Society, China Financial Publishing House, Beijing
    • China Finance Society (2008) Almanac of China's Finance and Banking, China Financial Publishing House, Beijing.
    • (2008) Almanac of China's Finance and Banking
  • 19
    • 0042816489 scopus 로고    scopus 로고
    • Determinants of commercial banks' profitability in Malawi: A cointegration approach
    • Chirwa, E. W. (2003) Determinants of commercial banks' profitability in Malawi: a cointegration approach, Applied Financial Economics, 13, 565-577.
    • (2003) Applied Financial Economics , vol.13 , pp. 565-577
    • Chirwa, E.W.1
  • 20
    • 20444490829 scopus 로고    scopus 로고
    • Bank privatization in developing countries: A summary of lessons and findings
    • Clarke, G. R. G., Cull, R. and Shirley, M. M. (2005) Bank privatization in developing countries: a summary of lessons and findings, Journal of Banking and Finance, 29,1905-1930.
    • (2005) Journal of Banking and Finance , vol.29 , pp. 1905-1930
    • Clarke, G.R.G.1    Cull, R.2    Shirley, M.M.3
  • 21
    • 77957727624 scopus 로고
    • Wish you hadn't asked?
    • Economist, 8 August
    • Economist (1992) Wish you hadn't asked?, The Economist, 8 August, pp. 77-78.
    • (1992) The Economist , pp. 77-78
  • 22
    • 77952243352 scopus 로고    scopus 로고
    • Economic value added and stock returns
    • Farsio, F., Degel, J. and Degner, J. (2002) Economic value added and stock returns, Financier, 7, 115-119.
    • (2002) Financier , vol.7 , pp. 115-119
    • Farsio, F.1    Degel, J.2    Degner, J.3
  • 23
    • 34249661659 scopus 로고    scopus 로고
    • Shareholder value efficiency in European banking
    • Fiordelisi, F. (2007) Shareholder value efficiency in European banking, Journal of Banking and Finance, 31,2151-2171.
    • (2007) Journal of Banking and Finance , vol.31 , pp. 2151-2171
    • Fiordelisi, F.1
  • 24
    • 77957745987 scopus 로고    scopus 로고
    • New research red flags EVA for stock picks
    • Freedman, J. (1998) New research red flags EVA for stock picks, Management Accounting, 79, 62-3.
    • (1998) Management Accounting , vol.79 , pp. 62-63
    • Freedman, J.1
  • 25
    • 33846135417 scopus 로고    scopus 로고
    • Cost X-efficiency in China's banking sector
    • Fu, X. and Heffernan, S. A. (2007) Cost X-efficiency in China's banking sector, China Economic Review, 18, 35-53.
    • (2007) China Economic Review , vol.18 , pp. 35-53
    • Fu, X.1    Heffernan, S.A.2
  • 26
    • 56249113822 scopus 로고    scopus 로고
    • The effects of reform on China's bank structure and performance
    • Fu, X. and Heffernan, S. A. (2009) The effects of reform on China's bank structure and performance, Journal of Banking and Finance, 33, 39-52.
    • (2009) Journal of Banking and Finance , vol.33 , pp. 39-52
    • Fu, X.1    Heffernan, S.A.2
  • 27
    • 20144368284 scopus 로고    scopus 로고
    • EVA versus earnings: Does it matter which is more highly correlated with stock returns?
    • Garvey, G. T. and Milbourn, T. T. (2000) EVA versus earnings: does it matter which is more highly correlated with stock returns?, Journal of Accounting Research, 38, 209-246.
    • (2000) Journal of Accounting Research , vol.38 , pp. 209-246
    • Garvey, G.T.1    Milbourn, T.T.2
  • 28
    • 2542527770 scopus 로고    scopus 로고
    • The profitability of European banks: A cross-sectional and dynamic panel analysis
    • Goddard, J., Molyneux, P. and Wilson, J. O. S. (2004) The profitability of European banks: a cross-sectional and dynamic panel analysis, The Manchester School, 72, 363-381.
    • (2004) The Manchester School , vol.72 , pp. 363-381
    • Goddard, J.1    Molyneux, P.2    Wilson, J.O.S.3
  • 29
    • 77957745849 scopus 로고    scopus 로고
    • EVA and Stock Performance
    • Summer
    • Griffiths, J. M. (2006) EVA and Stock Performance, Journal of Investing, Summer, 75-78.
    • (2006) Journal of Investing , pp. 75-78
    • Griffiths, J.M.1
  • 30
    • 0000414660 scopus 로고
    • Large sample properties of generalized method of moments estimators
    • Hansen, L. P. (1982) Large sample properties of generalized method of moments estimators, Econometrica, 50, 1029-1054.
    • (1982) Econometrica , vol.50 , pp. 1029-1054
    • Hansen, L.P.1
  • 32
    • 10244240565 scopus 로고    scopus 로고
    • Linking profits to asset-liability management of domestic and foreign banks in the UK
    • Kosmidou, K., Pasiouras, F. and Floropoulos, J. (2004) Linking profits to asset-liability management of domestic and foreign banks in the UK, Applied Financial Economics, 14, 1319-1324.
    • (2004) Applied Financial Economics , vol.14 , pp. 1319-1324
    • Kosmidou, K.1    Pasiouras, F.2    Floropoulos, J.3
  • 33
    • 56249099069 scopus 로고    scopus 로고
    • Bank ownership reform and bank performance in China
    • Lin, X. and Zhang, Y. (2009) Bank ownership reform and bank performance in China, Journal of Banking and Finance, 33, 20-29.
    • (2009) Journal of Banking and Finance , vol.33 , pp. 20-29
    • Lin, X.1    Zhang, Y.2
  • 34
    • 0011088442 scopus 로고
    • Additional evidence on equity ownership and corporate value
    • McConnell, J. J. and Servaes, H.(1990) Additional evidence on equity ownership and corporate value, Journal of Financial Economics, 27, 595-612.
    • (1990) Journal of Financial Economics , vol.27 , pp. 595-612
    • McConnell, J.J.1    Servaes, H.2
  • 35
    • 20444450907 scopus 로고    scopus 로고
    • The economics of bank privatization
    • Megginson, W. L. (2005) The economics of bank privatization, Journal of Banking and Finance, 29, 1931-1980.
    • (2005) Journal of Banking and Finance , vol.29 , pp. 1931-1980
    • Megginson, W.L.1
  • 36
    • 77957729081 scopus 로고    scopus 로고
    • The measurement and determinants of UK banks' performance
    • Cass Business School Past Dissertation, Cyril Kleinwort Learning Resource Centre, Cass Business School
    • Millar, L. (2005) The measurement and determinants of UK banks' performance, Cass Business School Past Dissertation, Cyril Kleinwort Learning Resource Centre, Cass Business School.
    • (2005)
    • Millar, L.1
  • 37
    • 0010623477 scopus 로고    scopus 로고
    • Foreign banks, profits, and commercial credit extensions in the United States
    • Molyneux, P. and Seth, R. (1998) Foreign banks, profits, and commercial credit extensions in the United States, Applied Financial Economics, 8, 533-539.
    • (1998) Applied Financial Economics , vol.8 , pp. 533-539
    • Molyneux, P.1    Seth, R.2
  • 38
    • 0035021554 scopus 로고    scopus 로고
    • The determinants of the Tunisian deposit banks' performance
    • Naceur, S. B. and Goaied, M. (2001) The determinants of the Tunisian deposit banks' performance, Applied Financial Economics, 11, 317-319.
    • (2001) Applied Financial Economics , vol.11 , pp. 317-319
    • Naceur, S.B.1    Goaied, M.2
  • 39
    • 0000604269 scopus 로고
    • Biases in dynamic models with fixed effects
    • Nickell, S. (1981) Biases in dynamic models with fixed effects, Econometrica, 49, 1417-1426.
    • (1981) Econometrica , vol.49 , pp. 1417-1426
    • Nickell, S.1
  • 40
    • 0032325778 scopus 로고    scopus 로고
    • Wall Street's contribution to management accounting: The Stern Stewart EVA financial management system
    • O'Hanlon, J. and Peasnell, K. (1998) Wall Street's contribution to management accounting: the Stern Stewart EVA financial management system, Management Accounting Research, 9, 421-444.
    • (1998) Management Accounting Research , vol.9 , pp. 421-444
    • O'Hanlon, J.1    Peasnell, K.2
  • 41
    • 20444435564 scopus 로고    scopus 로고
    • Do privatized banks in middle- and low-income countries perform better than rival banks? An intra-industry analysis of bank privatization
    • Otchere, I. (2005) Do privatized banks in middle- and low-income countries perform better than rival banks? An intra-industry analysis of bank privatization, Journal of Banking and Finance,29, 2067-2093.
    • (2005) Journal of Banking and Finance , vol.29 , pp. 2067-2093
    • Otchere, I.1
  • 42
    • 77957740268 scopus 로고    scopus 로고
    • People's Bank of China (PBC), China Financial Publishing House, Beijing
    • People's Bank of China (PBC) (2004) China Monetary Policy Report 2004, Q3, China Financial Publishing House, Beijing.
    • (2004) China Monetary Policy Report 2004, Q3
  • 43
    • 34547912306 scopus 로고    scopus 로고
    • How to do xtabond2: An introduction to difference and system GMM in Stata
    • Working Paper No. 103, Center for Global Development
    • Roodman, D. (2006) How to do xtabond2: an introduction to difference and system GMM in Stata, Working Paper No. 103, Center for Global Development.
    • (2006)
    • Roodman, D.1
  • 45
    • 33846170056 scopus 로고    scopus 로고
    • Comparing the performance of Chinese banks: A principal component approach
    • Shih, V., Zhang, Q. and Liu, M. (2007) Comparing the performance of Chinese banks: a principal component approach, China Economic Review, 18, 15-34.
    • (2007) China Economic Review , vol.18 , pp. 15-34
    • Shih, V.1    Zhang, Q.2    Liu, M.3
  • 50
    • 0002642397 scopus 로고    scopus 로고
    • EVA for banks: Value creation, risk management, and profitability management
    • Uyemura, D. G., Kantor, C. C. and Pettit, J. M. (1996) EVA for banks: value creation, risk management, and profitability management, Journal of Applied Corporate Finance, 9, 94-115.
    • (1996) Journal of Applied Corporate Finance , vol.9 , pp. 94-115
    • Uyemura, D.G.1    Kantor, C.C.2    Pettit, J.M.3
  • 51
    • 34249728895 scopus 로고    scopus 로고
    • The determinants of bank margins in European banking
    • Valverde, S. C. and Fernandez, F. R. (2007) The determinants of bank margins in European banking, Journal of Banking and Finance, 31, 2043-2063.
    • (2007) Journal of Banking and Finance , vol.31 , pp. 2043-2063
    • Valverde, S.C.1    Fernandez, F.R.2
  • 53
    • 0038089367 scopus 로고    scopus 로고
    • Measuring economic value added: A survey of the practices of EVA proponents
    • Weaver, S. C. (2001) Measuring economic value added: a survey of the practices of EVA proponents, Journal of Applied Finance, 11, 50-60.
    • (2001) Journal of Applied Finance , vol.11 , pp. 50-60
    • Weaver, S.C.1
  • 54
    • 0037729202 scopus 로고    scopus 로고
    • Domestic and international determinants of bank profits: Foreign banks in Australia
    • Williams, B. (2003) Domestic and international determinants of bank profits: foreign banks in Australia, Journal of Banking and Finance, 27, 1185-1210.
    • (2003) Journal of Banking and Finance , vol.27 , pp. 1185-1210
    • Williams, B.1
  • 55
    • 0037635295 scopus 로고    scopus 로고
    • The efficiency of European banking
    • Williams, J. and Gardiner, E. (2003) The efficiency of European banking, Regional Studies, 37, 321-330.
    • (2003) Regional Studies , vol.37 , pp. 321-330
    • Williams, J.1    Gardiner, E.2
  • 56
    • 33947503073 scopus 로고    scopus 로고
    • On the efficiency of Chinese banks and WTO challenges
    • Yao, S., Jiang, C., Feng, G. and Willenbockel, D. (2007) On the efficiency of Chinese banks and WTO challenges, Applied Economics, 39, 629-643.
    • (2007) Applied Economics , vol.39 , pp. 629-643
    • Yao, S.1    Jiang, C.2    Feng, G.3    Willenbockel, D.4


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.