TÁC ĐỘNG CỦA KỶ LUẬT THỊ TRƯỜNG ĐẾN HIỆU QUẢ TÀI CHÍNH CỦA CÁC NGÂN HÀNG THƯƠNG MẠI VIỆT NAM

Abstract

The research article investigates the impact of market discipline on the financial efficiency of Vietnamese commercial banks. The study employs an observational sample comprising 30 Vietnamese commercial banks over the period 2009-2022 and employs the Generalized Least Squares (GLS) regression method. The author group utilizes a market discipline measurement scale that falls within the deposit-related factors of banks, which include: Listing characteristics, the Ratio of outstanding certificates of deposit to total assets, and the Ratio of current deposits to total assets. The results indicate that market discipline has a clear influence on the financial efficiency of Vietnamese commercial banks.