The trilogy between CEO overpower, green credit, and core competence: Evidence from commercial banks in Vietnam
This paper investigates the interconnection between Chief Executive Officer (CEO) power, green credit, and core competence of commercial banks in Vietnam. Our data sample consists of 373 annual observations from 2010 to 2021. We employ a dynamic system Generalized Method of Moments to analyze an unb...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2023-10-01
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| Series: | Heliyon |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2405844023076533 |
| _version_ | 1797646544378265600 |
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| author | Khoa Dang Duong Phuc Huu Truong Diep Van Nguyen Ai Ngoc Nhan Le |
| author_facet | Khoa Dang Duong Phuc Huu Truong Diep Van Nguyen Ai Ngoc Nhan Le |
| author_sort | Khoa Dang Duong |
| collection | DOAJ |
| description | This paper investigates the interconnection between Chief Executive Officer (CEO) power, green credit, and core competence of commercial banks in Vietnam. Our data sample consists of 373 annual observations from 2010 to 2021. We employ a dynamic system Generalized Method of Moments to analyze an unbalanced panel comprised of 373 annual observations from 2010 to 2021. The findings indicate an inverse U-shape relationship between CEO overpower and commercial banks' core competence. Moreover, the study reports that banks with green lending activities reduce core competence by about 0.1598 points more than other banks. In addition, the results indicate that CEO power moderates the relationship between green credit and core competence. Our findings align with stewardship, management entrenchment, first-mover advantage, stakeholder theories, and prior literature. The study has practical implications for policymakers to develop the banking system sustainably in emerging markets. |
| first_indexed | 2024-03-11T15:04:14Z |
| format | Article |
| id | doaj.art-d60ccdb3a1c6425f9896c8636c89bc36 |
| institution | Directory Open Access Journal |
| issn | 2405-8440 |
| language | English |
| last_indexed | 2024-03-11T15:04:14Z |
| publishDate | 2023-10-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Heliyon |
| spelling | doaj.art-d60ccdb3a1c6425f9896c8636c89bc362023-10-30T06:06:07ZengElsevierHeliyon2405-84402023-10-01910e20445The trilogy between CEO overpower, green credit, and core competence: Evidence from commercial banks in VietnamKhoa Dang Duong0Phuc Huu Truong1Diep Van Nguyen2Ai Ngoc Nhan Le3Faculty of Finance and Banking, Ton Duc Thang University, Ho Chi Minh City, Viet NamFaculty of Finance and Banking, Ton Duc Thang University, Ho Chi Minh City, Viet NamFaculty of Finance and Banking, Ho Chi Minh City Open University, Ho Chi Minh City, Viet NamFaculty of Finance and Banking, Van Lang University, Ho Chi Minh City, Viet Nam; Corresponding author. Faculty of Finance and Banking, Van Lang University, 69/68 Dang Thuy Tram Street, Binh Thanh District, Ho Chi Minh City, Viet Nam.This paper investigates the interconnection between Chief Executive Officer (CEO) power, green credit, and core competence of commercial banks in Vietnam. Our data sample consists of 373 annual observations from 2010 to 2021. We employ a dynamic system Generalized Method of Moments to analyze an unbalanced panel comprised of 373 annual observations from 2010 to 2021. The findings indicate an inverse U-shape relationship between CEO overpower and commercial banks' core competence. Moreover, the study reports that banks with green lending activities reduce core competence by about 0.1598 points more than other banks. In addition, the results indicate that CEO power moderates the relationship between green credit and core competence. Our findings align with stewardship, management entrenchment, first-mover advantage, stakeholder theories, and prior literature. The study has practical implications for policymakers to develop the banking system sustainably in emerging markets.http://www.sciencedirect.com/science/article/pii/S2405844023076533CEO overpowerGreen creditCore competenceBanksVietnam |
| spellingShingle | Khoa Dang Duong Phuc Huu Truong Diep Van Nguyen Ai Ngoc Nhan Le The trilogy between CEO overpower, green credit, and core competence: Evidence from commercial banks in Vietnam Heliyon CEO overpower Green credit Core competence Banks Vietnam |
| title | The trilogy between CEO overpower, green credit, and core competence: Evidence from commercial banks in Vietnam |
| title_full | The trilogy between CEO overpower, green credit, and core competence: Evidence from commercial banks in Vietnam |
| title_fullStr | The trilogy between CEO overpower, green credit, and core competence: Evidence from commercial banks in Vietnam |
| title_full_unstemmed | The trilogy between CEO overpower, green credit, and core competence: Evidence from commercial banks in Vietnam |
| title_short | The trilogy between CEO overpower, green credit, and core competence: Evidence from commercial banks in Vietnam |
| title_sort | trilogy between ceo overpower green credit and core competence evidence from commercial banks in vietnam |
| topic | CEO overpower Green credit Core competence Banks Vietnam |
| url | http://www.sciencedirect.com/science/article/pii/S2405844023076533 |
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