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Role of Bank Regulation on Bank Performance: Evidence from Asia-Pacific Commercial Banks

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  • Zhenni Yang

    (Department of Financial and Business Systems, Faculty of Agribusiness and Commerce, Lincoln University, Christchurch 7647, New Zealand)

  • Christopher Gan

    (Department of Financial and Business Systems, Faculty of Agribusiness and Commerce, Lincoln University, Christchurch 7647, New Zealand)

  • Zhaohua Li

    (Department of Financial and Business Systems, Faculty of Agribusiness and Commerce, Lincoln University, Christchurch 7647, New Zealand)

Abstract
The banking industry is an essential financial intermediary, thus the efficient operation of banks is vital for economic development and social welfare. However, the 2008 global financial crisis triggered a reconsideration of the banking systems, as well as the role of government intervention. The literature has paid little attention to the banking industry in the Asia-Pacific region in the context of bank efficiency. This study employs double bootstrap data envelopment analysis to measure bank efficiency and examine the relationship between regulation, supervision, and state ownership in commercial banks in the Asia-Pacific region for the period 2005 to 2014. Our results indicate that excluding off-balance sheet activities in efficiency estimations lead to underestimating of the pure technical efficiency, while overestimating the scale efficiency of banks in the Asia-Pacific region. Cross-country comparisons reveal that Australian banks exhibit the highest levels of technical efficiency, while Indonesian banks exhibit the lowest average. Our bootstrap regression results suggest that bank regulation and supervision are positively related to bank technical efficiency, while state ownership is not significantly related to bank efficiency. Furthermore, our findings show that tighter regulation and supervision are significantly related to higher efficiency for small and large-sized banks.

Suggested Citation

  • Zhenni Yang & Christopher Gan & Zhaohua Li, 2019. "Role of Bank Regulation on Bank Performance: Evidence from Asia-Pacific Commercial Banks," JRFM, MDPI, vol. 12(3), pages 1-25, August.
    • Handle: RePEc:gam:jjrfmx:v:12:y:2019:i:3:p:131-:d:255668
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    5. Anyars Mahmud, 2022. "Impact of Bank Regulations on Banks' Profitability: Cross-Country Evidence," European Journal of Business Science and Technology, Mendel University in Brno, Faculty of Business and Economics, vol. 8(2), pages 217-232.
    6. Duan, Yuejiao & Fan, Xiaoyun & Wang, Yu, 2022. "Economic policy uncertainty and bank systemic risk: A cross-country analysis," Pacific-Basin Finance Journal, Elsevier, vol. 75(C).
    7. Christopher Gan, 2020. "Editorial for the Special Issue on Commercial Banking," JRFM, MDPI, vol. 13(6), pages 1-3, June.
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