The interrelationship among bank profitability, bank stability, and loan growth: Evidence from Vietnam

References

• Al-Khouri, R., & Arouri, H. (2016). The simultaneous estimation of credit growth, valuation, and stability of the Gulf Cooperation Council banking industry. Economic Systems, 40(3), 499–18. https://doi.org/10.1016/j.ecosys.2015.12.005
   Web of Science ®Google Scholar
• Amador, J. S., Gómez-González, J. E., & Pabón, A. M. (2013). Loan growth and bank risk: New evidence. Financial Markets and Portfolio Management, 27(4), 365–379. https://doi.org/10.1007/s11408-013-0217-6
   Google Scholar
• Athanasoglou, P. P., Brissimis, S. N., & Delis, M. D. (2008). Bank-specific, industry-specific and macroeconomic determinants of bank profitability. Journal of International Financial Markets, Institutions and Money, 18(2), 121–136. https://doi.org/10.1016/j.intfin.2006.07.001
   Google Scholar
• Baltagi, B. H. (2008). Econometric analysis of panel data (4th ed.). John Wiley.
   Google Scholar
• Baum, C. F., Schaffer, M. E., & Stillman, S. (2003). Instrumental variables and GMM: Estimation and testing. The Stata Journal, 3(1), 1–31. https://doi.org/10.1177/1536867X0300300101
   Web of Science ®Google Scholar
• Beck, T., Demirgüç-Kunt, A., & Levine, R. (2006). Bank concentration, competition, and crises: First results. Journal of Banking & Finance, 30(5), 1581–1603. https://doi.org/10.1016/j.jbankfin.2005.05.010
   Web of Science ®Google Scholar
• Choi, I. (2001). Unit root tests for panel data. Journal of International Money and Finance, 20(2), 249–272. https://doi.org/10.1016/S0261-5606(00)00048-6
   Web of Science ®Google Scholar
• Dell’Ariccia, G., & Marquez, R. (2006). Lending booms and lending standards. The Journal of Finance, 61(5), 2511–2546. https://doi.org/10.1111/j.1540-6261.2006.01065.x
   Web of Science ®Google Scholar
• Demirgüç-Kunt, A., & Detragiache, E. (2002). Does deposit insurance increase banking system stability? An empirical investigation. Journal of Monetary Economics, 49(7), 1373–1406. https://doi.org/10.1016/S0304-3932(02)00171-X
   Web of Science ®Google Scholar
• Dietrich, A., & Wanzenried, G. (2014). The determinants of commercial banking profitability in low-, middle-, and high-income countries. The Quarterly Review of Economics and Finance, 54(3), 337–354. https://doi.org/10.1016/j.qref.2014.03.001
   Google Scholar
• Flannery, M. J., & James, C. M. (1984). The effect of interest rate changes on the common stock returns of financial institutions. The Journal of Finance, 39(4), 1141–1153. https://doi.org/10.1111/j.1540-6261.1984.tb03898.x
   Web of Science ®Google Scholar
• Fu, X. M., Lin, Y. R., & Molyneux, P. (2015). Bank capital and liquidity creation in Asia Pacific. Economic Inquiry, 54(2), 966–993. https://doi.org/10.1111/ecin.12308
   Web of Science ®Google Scholar
• Greene, W. H. (2008). Econometric analysis (6th ed.). Springer.
   Google Scholar
• Hellmann, T. F., Murdock, K. C., & Stiglitz, J. E. (2000). Liberalization, moral hazard in banking, and prudential regulation: Are capital requirements enough? American Economic Review, 90(1), 147–165. https://doi.org/10.1257/aer.90.1.147
   Web of Science ®Google Scholar
• Igan, D., & Pinheiro, M. (2011). Credit growth and bank soundness: Fast and furious? (IMF Working Papers WP/11/278, pp. 1–27). International Monetary Fund.
   Google Scholar
• Imbierowicz, B., & Rauch, C. (2014). The relationship between liquidity risk and credit risk in banks. Journal of Banking & Finance, 40, 242–256. https://doi.org/10.1016/j.jbankfin.2013.11.030
   Web of Science ®Google Scholar
• John, K., Litov, L., & Yeung, B. (2008). Corporate governance and risk‐taking. The Journal of Finance, 63(4), 1679–1728. https://doi.org/10.1111/j.1540-6261.2008.01372.x
   Web of Science ®Google Scholar
• Kaminsky, G. L., & Reinhart, C. M. (1999). The twin crises: The causes of banking and balance-of-payments problems. American Economic Review, 89(3), 473–500. https://doi.org/10.1257/aer.89.3.473
   Web of Science ®Google Scholar
• Kim, I., Kim, I., & Han, Y. (2014). Deposit insurance, banks’ moral hazard, and regulation: Evidence from the ASEAN countries and Korea. Emerging Markets Finance and Trade, 50(6), 56–71. https://doi.org/10.1080/1540496X.2014.1013875
   Web of Science ®Google Scholar
• Kwan, S., & Eisenbeis, R. A. (1997). Bank risk, capitalization, and operating efficiency. Journal of Financial Services Research, 12(2), 117–131. https://doi.org/10.1023/A:1007970618648
   Web of Science ®Google Scholar
• Laeven, L., & Levine, R. (2009). Bank governance, regulation and risk taking. Journal of Financial Economics, 93(2), 259–275. https://doi.org/10.1016/j.jfineco.2008.09.003
   Web of Science ®Google Scholar
• Le, T. D. (2017a). The efficiency effects of bank mergers: An analysis of case studies in Vietnam. Risk Governance & Control, 7(1), 61–70. https://doi.org/10.22495/rgcv7i1art8
   Google Scholar
• Le, T. D. (2017b). The interrelationship between net interest margin and non-interest income: Evidence from Vietnam. International Journal of Managerial Finance, 13(5), 521–540. https://doi.org/10.1108/IJMF-06-2017-0110
   Web of Science ®Google Scholar
• Le, T. D. (2018). Bank risk, capitalisation and technical efficiency in the Vietnamese banking system. Australasian Accounting Business & Finance Journal, 12(3), 42–61. https://doi.org/10.14453/aabfj.v12i3.4
   Web of Science ®Google Scholar
• Le, T. D. (2019). The interrelationship between liquidity creation and bank capital in Vietnamese banking. Managerial Finance, 45(2), 331–347. https://doi.org/10.1108/MF-09-2017-0337
   Web of Science ®Google Scholar
• Le, T. D. (2020). Multimarket contacts and bank profitability: Do diversification and bank ownership matter? (Working Paper, Institute for Development and Research in Banking Technology). University of Economics & Law, VNU-HCMC.
   Google Scholar
• Le, T. D., & Ngo, T. (2020). The determinants of bank profitability: A cross-country analysis. Central Bank Review, 20(2), 65–73. https://doi.org/10.1016/j.cbrev.2020.04.001
   Web of Science ®Google Scholar
• Le, T. D., Tran, S. H., & Nguyen, L. T. (2019). The impact of multimarket contacts on bank stability in Vietnam. Pacific Accounting Review, 31(3), 336–357. https://doi.org/10.1108/PAR-04-2018-0033
   Web of Science ®Google Scholar
• Le, T. D., Tran, S. H., & Nguyen, L. T. (Forthcoming). Loan loss provisions, earnings management, capital management, and signalling: The case of Vietnamese banks. Afro-Asian Journal of Finance and Accounting.
   Google Scholar
• Maudos, J., & Solís, L. (2009). The determinants of net interest income in the Mexican banking system: An integrated model. Journal of Banking & Finance, 33(10), 1920–1931. https://doi.org/10.1016/j.jbankfin.2009.04.012
   Web of Science ®Google Scholar
• Miller, S. M., & Noulas, A. G. (1997). Portfolio mix and large-bank profitability in the USA. Applied Economics, 29(4), 505–512. https://doi.org/10.1080/000368497326994
   Web of Science ®Google Scholar
• Molyneux, P., & Thornton, J. (1992). Determinants of European bank profitability: A note. Journal of Banking & Finance, 16(6), 1173–1178. https://doi.org/10.1016/0378-4266(92)90065-8
   Web of Science ®Google Scholar
• Newey, W. K., & West, K. D. (1987). A simple, positive semi-definite, heteroskedasticity and autocorrelation consistent covariance matrix. Econometrica, 55(3), 703–708. https://doi.org/10.2307/1913610
   Web of Science ®Google Scholar
• Nguyen, J. (2012). The relationship between net interest margin and noninterest income using a system estimation approach. Journal of Banking & Finance, 36(9), 2429–2437. https://doi.org/10.1016/j.jbankfin.2012.04.017
   Web of Science ®Google Scholar
• Ong, M. L. L., & Maechler, A. M. (2009). Foreign banks in the CESE countries: In for a penny, in for a pound? (WP/09/54). International Monetary Fund.
   Google Scholar
• Saona, P. (2016). Intra-and extra-bank determinants of Latin American Banks’ profitability. International Review of Economics & Finance, 45, 197–214. https://doi.org/10.1016/j.iref.2016.06.004
   Web of Science ®Google Scholar
• Saunders, A., Strock, E., & Travlos, N. G. (1990). Ownership structure, deregulation, and bank risk taking. The Journal of Finance, 45(2), 643–654. https://doi.org/10.1111/j.1540-6261.1990.tb03709.x
   Web of Science ®Google Scholar
• Tan, Y. (2016). The impacts of risk and competition on bank profitability in China. Journal of International Financial Markets, Institutions and Money, 40, 85–110. https://doi.org/10.1016/j.intfin.2015.09.003
   Web of Science ®Google Scholar
• Tan, Y., & Floros, C. (2012). Bank profitability and GDP growth in China: A note. Journal of Chinese Economic and Business Studies, 10(3), 267–273. https://doi.org/10.1080/14765284.2012.703541
   Google Scholar
• Thornton, D. L., & Batten, D. S. (1985). Lag-length selection and tests of granger causality between money and income. Journal of Money, Credit, and Banking, 17(2), 164–178. https://doi.org/10.2307/1992331
   Web of Science ®Google Scholar
• Wooldridge, J. M. (2001). Econometric analysis of cross section and panel data. The MIT Press.
   Google Scholar