Impact of income diversification on the business performance of Vietnamese commercial banks
The article evaluates the impact of income diversification on business performance of Vietnamese commercial banks in the period 2010–2020. The study collected data from from the financial statements of 29 commercial banks listed on both the Ho Chi Minh stock exchange and the Hanoi stock exchange in...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2022-12-01
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| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2022.2132592 |
| _version_ | 1811342145306492928 |
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| author | Duong Thuy Phan Trong Tai Nguyen Thi Thanh Hoang |
| author_facet | Duong Thuy Phan Trong Tai Nguyen Thi Thanh Hoang |
| author_sort | Duong Thuy Phan |
| collection | DOAJ |
| description | The article evaluates the impact of income diversification on business performance of Vietnamese commercial banks in the period 2010–2020. The study collected data from from the financial statements of 29 commercial banks listed on both the Ho Chi Minh stock exchange and the Hanoi stock exchange in the period 2010–2020 from the FiinPro Database. GMM regression method is used to analyze the impact of income diversification on the business performance of Vietnamese commercial banks. The analysis results show that the business performance of commercial banks is influenced by many factors, the most influential factors are income diversification, the scale of credit activities, and the efficiency of management physical. Based on empirical results, the study proposes some recommendations to help banks improve businessperformance. |
| first_indexed | 2024-04-13T19:06:21Z |
| format | Article |
| id | doaj.art-cb5c0d99698e4221874b384772266fa5 |
| institution | Directory Open Access Journal |
| issn | 2331-1975 |
| language | English |
| last_indexed | 2024-04-13T19:06:21Z |
| publishDate | 2022-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Business & Management |
| spelling | doaj.art-cb5c0d99698e4221874b384772266fa52022-12-22T02:33:58ZengTaylor & Francis GroupCogent Business & Management2331-19752022-12-019110.1080/23311975.2022.2132592Impact of income diversification on the business performance of Vietnamese commercial banksDuong Thuy Phan0Trong Tai Nguyen1Thi Thanh Hoang2Faculty of Transport Economics, University of Transport Technology, Hanoi, VietnamFaculty of Banking and Finance, Hanoi Open University, Hanoi, VietnamFaculty of Transport Economics, University of Transport Technology, Hanoi, VietnamThe article evaluates the impact of income diversification on business performance of Vietnamese commercial banks in the period 2010–2020. The study collected data from from the financial statements of 29 commercial banks listed on both the Ho Chi Minh stock exchange and the Hanoi stock exchange in the period 2010–2020 from the FiinPro Database. GMM regression method is used to analyze the impact of income diversification on the business performance of Vietnamese commercial banks. The analysis results show that the business performance of commercial banks is influenced by many factors, the most influential factors are income diversification, the scale of credit activities, and the efficiency of management physical. Based on empirical results, the study proposes some recommendations to help banks improve businessperformance.https://www.tandfonline.com/doi/10.1080/23311975.2022.2132592incomebusiness performancecommercial banks |
| spellingShingle | Duong Thuy Phan Trong Tai Nguyen Thi Thanh Hoang Impact of income diversification on the business performance of Vietnamese commercial banks Cogent Business & Management income business performance commercial banks |
| title | Impact of income diversification on the business performance of Vietnamese commercial banks |
| title_full | Impact of income diversification on the business performance of Vietnamese commercial banks |
| title_fullStr | Impact of income diversification on the business performance of Vietnamese commercial banks |
| title_full_unstemmed | Impact of income diversification on the business performance of Vietnamese commercial banks |
| title_short | Impact of income diversification on the business performance of Vietnamese commercial banks |
| title_sort | impact of income diversification on the business performance of vietnamese commercial banks |
| topic | income business performance commercial banks |
| url | https://www.tandfonline.com/doi/10.1080/23311975.2022.2132592 |
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