Bank's Cost Efficiency and Loan Loss Provisions Behaviours: An Empirical Analysis Based on US Commercial Bank

This research paper mainly focuses on the cost efficiency and loan loss provisions (LLPs) behaviours of 96 commercial banks in the US from 2009 to 2018. The first stage is based on the stochastic frontier method (SFA) model to estimate cost efficiency, which finds that US commercial banks have a hig...

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Main Author: Huang, Ying-Xuan
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2019
Online Access:https://eprints.nottingham.ac.uk/57308/
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author Huang, Ying-Xuan
author_facet Huang, Ying-Xuan
author_sort Huang, Ying-Xuan
building Nottingham Research Data Repository
collection Online Access
description This research paper mainly focuses on the cost efficiency and loan loss provisions (LLPs) behaviours of 96 commercial banks in the US from 2009 to 2018. The first stage is based on the stochastic frontier method (SFA) model to estimate cost efficiency, which finds that US commercial banks have a high level of cost efficiency. And the second stage uses the system Generalised-Method-of-Moment (GMM) estimation to analyse the LLPs behaviours of commercial banks, including income smoothing, business cycle, capital management, and efficiency. More importantly, the results of cost efficiency that obtained in the first stage is a variable to test efficiency hypothesis in the second stage. The result of GMM indicates that the behaviours of income smoothing through LLPs was not common in US commercial banks during the period. At the same time, LLPs generally show a pro-cyclical trend and the behaviours of capital management are also found. However, there is no evidence of a significant relationship between LLPs and efficiency
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format Dissertation (University of Nottingham only)
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institution University of Nottingham Malaysia Campus
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language English
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publishDate 2019
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spelling nottingham-573082022-11-30T10:30:00Z https://eprints.nottingham.ac.uk/57308/ Bank's Cost Efficiency and Loan Loss Provisions Behaviours: An Empirical Analysis Based on US Commercial Bank Huang, Ying-Xuan This research paper mainly focuses on the cost efficiency and loan loss provisions (LLPs) behaviours of 96 commercial banks in the US from 2009 to 2018. The first stage is based on the stochastic frontier method (SFA) model to estimate cost efficiency, which finds that US commercial banks have a high level of cost efficiency. And the second stage uses the system Generalised-Method-of-Moment (GMM) estimation to analyse the LLPs behaviours of commercial banks, including income smoothing, business cycle, capital management, and efficiency. More importantly, the results of cost efficiency that obtained in the first stage is a variable to test efficiency hypothesis in the second stage. The result of GMM indicates that the behaviours of income smoothing through LLPs was not common in US commercial banks during the period. At the same time, LLPs generally show a pro-cyclical trend and the behaviours of capital management are also found. However, there is no evidence of a significant relationship between LLPs and efficiency 2019 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/57308/1/4337883_N14157_Bank%27s%20Cost%20Efficiency%20and%20Loan%20Loss%20Provisions%20Behaviours.pdf Huang, Ying-Xuan (2019) Bank's Cost Efficiency and Loan Loss Provisions Behaviours: An Empirical Analysis Based on US Commercial Bank. [Dissertation (University of Nottingham only)]
spellingShingle Huang, Ying-Xuan
Bank's Cost Efficiency and Loan Loss Provisions Behaviours: An Empirical Analysis Based on US Commercial Bank
title Bank's Cost Efficiency and Loan Loss Provisions Behaviours: An Empirical Analysis Based on US Commercial Bank
title_full Bank's Cost Efficiency and Loan Loss Provisions Behaviours: An Empirical Analysis Based on US Commercial Bank
title_fullStr Bank's Cost Efficiency and Loan Loss Provisions Behaviours: An Empirical Analysis Based on US Commercial Bank
title_full_unstemmed Bank's Cost Efficiency and Loan Loss Provisions Behaviours: An Empirical Analysis Based on US Commercial Bank
title_short Bank's Cost Efficiency and Loan Loss Provisions Behaviours: An Empirical Analysis Based on US Commercial Bank
title_sort bank's cost efficiency and loan loss provisions behaviours: an empirical analysis based on us commercial bank
url https://eprints.nottingham.ac.uk/57308/