Cost X-efficiency and Loan Loss Provision Decision: Evidence from Mainland China and Hong Kong Listed Banks

This paper examined Loan Loss Provision (LLP) determinants: business cycle, income smoothing, capital management, signalling effect and also cost X-efficiency, using 18 Mainland Chinese and 9 Hong Kong(HK) listed banks from 2006 to 2013 within two stages. To test the impact of efficiency on LLP, the...

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Main Author: Yang, Jiajia
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2014
Online Access:https://eprints.nottingham.ac.uk/27503/
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author Yang, Jiajia
author_facet Yang, Jiajia
author_sort Yang, Jiajia
building Nottingham Research Data Repository
collection Online Access
description This paper examined Loan Loss Provision (LLP) determinants: business cycle, income smoothing, capital management, signalling effect and also cost X-efficiency, using 18 Mainland Chinese and 9 Hong Kong(HK) listed banks from 2006 to 2013 within two stages. To test the impact of efficiency on LLP, the first stage is carried out generating cost efficiency scores for individual banks in each year using cost translog function. The second stage then tests the determinacy of LLP using main determinants variables via the feasible efficient GMM model. Empirical results support countercyclical behaviour and income smoothing however fail to support capital management and signalling effect. More interestingly, cost efficiency is found its influence on LLP determinacy: a negative relationship.
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format Dissertation (University of Nottingham only)
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institution University of Nottingham Malaysia Campus
institution_category Local University
language English
last_indexed 2025-11-14T18:59:27Z
publishDate 2014
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spelling nottingham-275032017-10-19T14:01:46Z https://eprints.nottingham.ac.uk/27503/ Cost X-efficiency and Loan Loss Provision Decision: Evidence from Mainland China and Hong Kong Listed Banks Yang, Jiajia This paper examined Loan Loss Provision (LLP) determinants: business cycle, income smoothing, capital management, signalling effect and also cost X-efficiency, using 18 Mainland Chinese and 9 Hong Kong(HK) listed banks from 2006 to 2013 within two stages. To test the impact of efficiency on LLP, the first stage is carried out generating cost efficiency scores for individual banks in each year using cost translog function. The second stage then tests the determinacy of LLP using main determinants variables via the feasible efficient GMM model. Empirical results support countercyclical behaviour and income smoothing however fail to support capital management and signalling effect. More interestingly, cost efficiency is found its influence on LLP determinacy: a negative relationship. 2014 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/27503/1/Dissertation_Jiajia_Yang.pdf Yang, Jiajia (2014) Cost X-efficiency and Loan Loss Provision Decision: Evidence from Mainland China and Hong Kong Listed Banks. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Yang, Jiajia
Cost X-efficiency and Loan Loss Provision Decision: Evidence from Mainland China and Hong Kong Listed Banks
title Cost X-efficiency and Loan Loss Provision Decision: Evidence from Mainland China and Hong Kong Listed Banks
title_full Cost X-efficiency and Loan Loss Provision Decision: Evidence from Mainland China and Hong Kong Listed Banks
title_fullStr Cost X-efficiency and Loan Loss Provision Decision: Evidence from Mainland China and Hong Kong Listed Banks
title_full_unstemmed Cost X-efficiency and Loan Loss Provision Decision: Evidence from Mainland China and Hong Kong Listed Banks
title_short Cost X-efficiency and Loan Loss Provision Decision: Evidence from Mainland China and Hong Kong Listed Banks
title_sort cost x-efficiency and loan loss provision decision: evidence from mainland china and hong kong listed banks
url https://eprints.nottingham.ac.uk/27503/