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Article
Publication date: 9 November 2021

Liem Nguyen, Son Tran and Tin Ho

This study is the first to investigate whether fintech credit influences bank performance, considering the moderating impact of bank regulations.

2311

Abstract

Purpose

This study is the first to investigate whether fintech credit influences bank performance, considering the moderating impact of bank regulations.

Design/methodology/approach

This study uses an aggregate dataset of 73 countries from 2013 to 2018 to examine the nexus between fintech credit, bank regulations and bank performance. For robustness tests, the authors introduce different proxies of fintech credit, perform sub-sample analysis and substitute control variables, as well as conduct their empirical strategy to tackle potential endogeneity issue.

Findings

The authors document some significant findings. First, the authors’ evidence implies that fintech credit tends to reduce bank profitability, while improving bank risk-related performance. This suggests that as fintech grows, it competes with banks and takes some share of profits, but it also benefits banks in terms of stability. Second, stricter regulations contribute positively to bank stability. Third, the authors argue that the impact of fintech credit on bank performance may depend on the degree of banking regulation, and find that fintech credit would impose a more positive influence on bank stability as more stringent banking regulation is present.

Originality/value

This study is the first to investigate whether fintech credit influences bank performance, considering the moderating impact of bank regulations. The findings imply that fintech credit tends to be more beneficial when bank regulations become stricter. Therefore, they bring relevant implications to the regulators, as well as bank and fintech managers with regard to the potential cooperation.

Details

Asia-Pacific Journal of Business Administration, vol. 14 no. 4
Type: Research Article
ISSN: 1757-4323

Keywords

Article
Publication date: 18 October 2022

Son Tran, Dat Nguyen, Khuong Nguyen and Liem Nguyen

This study investigates the relationship between credit booms and bank risk in Association of Southeast Asian Nations (ASEAN) countries, with credit information sharing acting as…

Abstract

Purpose

This study investigates the relationship between credit booms and bank risk in Association of Southeast Asian Nations (ASEAN) countries, with credit information sharing acting as a moderator.

Design/methodology/approach

The authors use a two-step System Generalized Method of Moments (SGMM) estimator on a sample of 79 listed banks in 5 developing ASEAN countries: Indonesia, Philippines, Malaysia, Thailand and Vietnam in the period 2006–2019. In addition, the authors perform robustness tests with different proxies for credit booms and bank risk. The data are collected on an annual basis.

Findings

Bank risk is positively related to credit booms and is negatively associated with credit information sharing. Further, credit information sharing reduces the detrimental effect of credit booms on bank stability. The authors find that both public credit registries and private credit bureaus are effective in enhancing bank stability in ASEAN countries. These results are robust to regression models with alternative proxies for credit booms and bank risk.

Research limitations/implications

Banks in ASEAN countries tend to have strong lending growth to support the economy, but this could be detrimental to stability of the sector. Credit information sharing schemes should be encouraged because these schemes might enable growth of credit without compromising bank stability. Therefore, policymakers could promote private credit bureaus (PCB) and public credit registries (PCR) to realize their benefits. The authors' research focuses on developing ASEAN countries, but future research could provide more evidence by expanding this study to other emerging economies. In-depth interviews and surveys with bankers and regulatory bodies about these concerns could provide additional insights in the future.

Originality/value

The study is the first to examine the role of PCB and PCR in alleviating the negative impact of credit booms on bank risk. Furthermore, the authors use both accounting-based and market-based risk measures to provide a fuller view of the impact. Finally, there is little evidence on the link between credit booms, credit information sharing and bank risk in ASEAN, so the authors aim to fill this gap.

Details

Asia-Pacific Journal of Business Administration, vol. 16 no. 2
Type: Research Article
ISSN: 1757-4323

Keywords

Article
Publication date: 17 June 2022

Hung Son Tran, Thanh Dat Nguyen and Thanh Liem Nguyen

The purpose of this study is to carry out an empirical investigation about how the level of market concentration or competitiveness of the banking system and institutional quality…

Abstract

Purpose

The purpose of this study is to carry out an empirical investigation about how the level of market concentration or competitiveness of the banking system and institutional quality are associated with bank’s financial stability.

Design/methodology/approach

This study uses dynamic panel data techniques on the sample of 133 developing and emerging countries over the years 2002–2020.

Findings

The authors document several significant findings. First, there is evidence that bank stability is positively associated with the level of market concentration. The result is in line with the concentration–stability view that banks operating in a more concentrated market tend to be more stable than those in a less concentrated market. Second, the results confirm that the quality of the institutional environment plays a critical role in improving the stability of banks in developing and emerging countries. Third, the authors find that institutional development can moderate the effect of market concentration (or competitiveness of the banking system) on bank stability. Specifically, the results show that better institutional quality enhances the positive influence of bank concentration on the bank’s financial stability in developing and emerging countries. These results are robust to different specifications with the alternative measures of bank stability and market concentration.

Originality/value

This study provides further understanding regarding the effects of the level of market concentration or competitiveness of the banking system and institutional quality on bank stability in 133 developing and emerging countries over the years 2002–2020.

Details

Competitiveness Review: An International Business Journal , vol. 33 no. 6
Type: Research Article
ISSN: 1059-5422

Keywords

Article
Publication date: 3 May 2019

Tu DQ Le, Son H. Tran and Liem T. Nguyen

The purpose of this study is to investigate the impact of multimarket contacts on bank stability in the Vietnamese banking system between 2006 and 2015.

Abstract

Purpose

The purpose of this study is to investigate the impact of multimarket contacts on bank stability in the Vietnamese banking system between 2006 and 2015.

Design/methodology/approach

The system generalized method of moments proposed by Arellano and Bover (1995) is used to examine the relationship between multimarket contacts and bank stability.

Findings

The findings show that multimarket contacts among Vietnamese commercial banks improve bank stability. In addition, more x-efficient banks appear to be more stable. The same is true for banks with less holding liquid assets, for those with less excessive lending, for smaller banks, for those with the greater level of intermediation and for those with a higher level of foreign ownership. Listed banks are found to be less-risk taking than unlisted banks.

Originality/value

This study is the first attempt to examine the relationship between multimarket contacts and bank stability in an emerging market in the Asia-Pacific region.

Details

Pacific Accounting Review, vol. 31 no. 3
Type: Research Article
ISSN: 0114-0582

Keywords

Article
Publication date: 1 February 1999

Georgios I. Zekos

Compares and contrasts the contractual roles of modern waybills against the traditional straight bills of lading in the context of Greek, US and English law. Chronicles the…

Abstract

Compares and contrasts the contractual roles of modern waybills against the traditional straight bills of lading in the context of Greek, US and English law. Chronicles the development of international lading bills; identifies the emergence of straight bills and waybills to ameliorate the logistical problems associated with order bills of lading. Discusses the legal status and contractual roles of these lading bills in the context the legislative provisions and associated case law in each of the three countries. Concludes that sea waybills (regulating marine transport of goods) and straight bills of lading have, in essence, the same contractual status, despite the confused and unconsolidated picture of international lading provisions and practices. Recommends measures ‐ involving amendments to English legislation ‐ to consolidate the regulation of international trade.

Details

Managerial Law, vol. 41 no. 1
Type: Research Article
ISSN: 0309-0558

Keywords

Article
Publication date: 17 March 2016

Trung-Son Nguyen, Tung Le Duc, Son Thanh Tran, Jean-Michel Guichon and Olivier Chadebec

To synthesize equivalent circuit obtained from reduced order model of large scale inductive PEEC circuits.

Abstract

Purpose

To synthesize equivalent circuit obtained from reduced order model of large scale inductive PEEC circuits.

Design/methodology/approach

This paper describes an original approach for reducing and synthesizing large parasitic RLM electrical circuits coming from inductive Partial Element Equivalent Circuit (PEEC) models. The proposed technique enables the re-use of the reduced order model in the time domain circuit simulation context.

Findings

The paper shows how to use a synthesis method to realize an equivalent circuit issued from compressed PEEC circuits.

Originality/value

The coupling between methods PEEC and a compressed method as Fast Multipole Method (FMM) in order to reduce time and space consuming are well-known. The innovation here is to realise a smaller circuit equivalent with the original large scale PEEC circuits to use in temporal simulation tools. Moreover, this synthesis method reduces time and memories for modelling industrial application while maintaining high accuracy.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering , vol. 35 no. 3
Type: Research Article
ISSN: 0332-1649

Article
Publication date: 3 November 2020

Ngoc Phu Tran and Duc Hong Vo

In developed countries, banks are perceived to accumulate a higher level of intellectual capital than firms in other sectors. However, this perception has not been considered or…

Abstract

Purpose

In developed countries, banks are perceived to accumulate a higher level of intellectual capital than firms in other sectors. However, this perception has not been considered or tested in the context of an emerging market such as Vietnam, which has one of the most dynamic economies in the Asian region. This study estimates and compares the level of accumulation of intellectual capital and its four components by financial and nonfinancial firms in Vietnam. Furthermore, this study examines the relationship between intellectual capital and its components and the performance of financial and nonfinancial firms.

Design/methodology/approach

This study uses data collected from the annual reports of 75 financial and 75 nonfinancial firms in Vietnam from 2011 to 2018. A modified value-added intellectual coefficient model is adopted to measure the level of intellectual capital at firms. Various aspects of intellectual capital are considered, including the efficiency of human capital, structural capital, capital employed and relational capital. In addition, the generalized method of moments is used to ensure the robustness of the findings.

Findings

Findings in this study indicate that financial firms in Vietnam have accumulated a higher level of intellectual capital than nonfinancial firms. In addition, intellectual capital contributes positively to financial firms' performance. Three components of intellectual capital – structural capital efficiency, capital employed efficiency and relational capital efficiency – positively affect performance by financial firms.

Research limitations/implications

This study is limited to financial and nonfinancial firms in Vietnam. Empirical studies in the future should incorporate the efficiency aspects of these types of firms because different industries might have different characteristics, in particular, their current efficiency level, which might cause differences in relation to the accumulation of intellectual capital.

Practical implications

The findings of this study provide valuable evidence and implications for executives and policymakers in creating, managing and enhancing intellectual capital within the Vietnamese context, in particular in the financial sector.

Originality/value

To the best of our knowledge, this is the first empirical study conducted in the context of Vietnam, with the following two objectives: (1) to measure and compare the level of accumulation of intellectual capital by financial and nonfinancial firms in Vietnam; and (2) to examine the contribution of intellectual capital and its components to the performance by financial and nonfinancial firms in Vietnam.

Details

Journal of Intellectual Capital, vol. 23 no. 2
Type: Research Article
ISSN: 1469-1930

Keywords

Open Access
Article
Publication date: 14 January 2021

Quangdung Tran and Dechun Huang

This study focused on investigation of the critical challenges the general contractors are facing in executing green building (GB) projects in Vietnam.

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Abstract

Purpose

This study focused on investigation of the critical challenges the general contractors are facing in executing green building (GB) projects in Vietnam.

Design/methodology/approach

The study conducted a literature review and three in-depth interviews to define 31 potential challenges hindering success of GB projects. Data was collected from 163 respondents through the questionnaire survey and was analyzed by the mean ranking technique, EFA and PLS-SEM.

Findings

The result found general contractors in Vietnam are facing the four components of challenges, namely “Planning activities-related challenges”, “Organizational activities-related challenges”, “Onsite management and control activities-related challenges” and “Green supply chain-related challenges”; and all of them have statistically significant effects on success of GB projects in Vietnam. Furthermore, the most dominant component was related to the non-readiness of external GB supply chain.

Practical implications

The findings suggest for practical measures to enhance success of GB projects in Vietnam, including (1) completing the system of legal regulations and technical codes, standards, guidelines on GB, (2) providing incentive policies to promote the R&D activities on GB and (3) providing educational programs to improve the awareness and capacity on GB in domestic construction organizations, especially medium and small subcontractors.

Originality/value

This study seeks to gain a better understanding on critical challenges hindering success of green building projects under the view point of general contractors with reference to the context of Vietnam – a developing economy. This study is the first study to identify potential challenges and evaluate the impact of the key components of challenges on success of GB projects.

Details

Journal of Economics and Development, vol. 24 no. 1
Type: Research Article
ISSN: 1859-0020

Keywords

Article
Publication date: 11 July 2008

T‐S. Tran, G. Meunier, P. Labie, Y. Le Floch, J‐M. Guichon and J. Roudet

This paper seeks to model magneto‐harmonic solid conductors in the presence of ferromagnetic materials.

Abstract

Purpose

This paper seeks to model magneto‐harmonic solid conductors in the presence of ferromagnetic materials.

Design/methodology/approach

The approach takes the form of a coupling between the FEM and the PEEC method.

Findings

The paper shows one how to use the FEM‐PEEC coupled method to model a problem comprising solid conductors and ferromagnetic materials and compare its results with the FEM.

Research limitations/implications

The formulation allows one to treat linear material in the magneto‐harmonic assumption.

Originality/value

The two methods FE and PEEC are well‐known. The innovation here is coupling these methods in order to profit by the main advantages.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering, vol. 27 no. 4
Type: Research Article
ISSN: 0332-1649

Keywords

Article
Publication date: 3 June 2021

Tu Ngoc Nguyen, Chao Hong Shen and Phong Ba Le

The purpose of this study is to explore the influence of transformational leadership (TL) on a firm's radical and incremental innovation. It also deepens the understanding of…

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Abstract

Purpose

The purpose of this study is to explore the influence of transformational leadership (TL) on a firm's radical and incremental innovation. It also deepens the understanding of appropriate mechanisms and conditions to improve specific aspects of innovation by examining the mediating role of knowledge management capability (KMC) and moderating mechanism of collaborative culture.

Design/methodology/approach

This study utilized structural equation modeling (SEM) and cross-sectional design to test hypotheses in the proposed research model using survey data collected from 365 participants in 86 manufacturing and service firms.

Findings

The findings indicate that TL induces greater effect on radical innovation compared to its effect on incremental innovation. The mediating role of KMC between TL and aspects of innovation capability is also supported. Especially, the influences of KMC on specific aspects of innovation capability are different and depend on the degree of collaborative culture in an organization.

Research limitations/implications

Future research should examine the mediating mechanisms of knowledge acquisition, knowledge sharing and knowledge application to provide deeper insight into specific roles of knowledge management's constituents in linking TL and innovation capability.

Practical implications

The paper significantly contributes to increasing the understanding of the link between TL and specific aspects of innovation capability by highlighting the important role of KMC and positive effects of collaborative climate in an organization.

Originality/value

The paper is unique in the attempts to provide a prospective solution for firms to pursue and improve innovation based on the meaningful insights into the mediating role of KMC and moderating effect of collaborative culture in the relationship between TL and specific dimensions of innovation capability.

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