The impact of economic uncertainty on bank efficiency—the moderating role of country governance

This study examined the impact of economic uncertainty (EU) on Islamic banks (IBs) and conventional banks' (CBs) efficiency in countries that meet a standard where 1% share of Islamic banking assets is part of their total domestic banking sector assets. In addition, this study explored the mode...

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Main Authors: Luo, Heng, Kamarudin, Fakarudin, Mohd Nor, Normaziah
Format: Article
Language:English
Published: Elsevier 2024
Online Access:http://psasir.upm.edu.my/id/eprint/112059/
http://psasir.upm.edu.my/id/eprint/112059/1/PIIS2405844024039367.pdf
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author Luo, Heng
Kamarudin, Fakarudin
Mohd Nor, Normaziah
author_facet Luo, Heng
Kamarudin, Fakarudin
Mohd Nor, Normaziah
author_sort Luo, Heng
building UPM Institutional Repository
collection Online Access
description This study examined the impact of economic uncertainty (EU) on Islamic banks (IBs) and conventional banks' (CBs) efficiency in countries that meet a standard where 1% share of Islamic banking assets is part of their total domestic banking sector assets. In addition, this study explored the moderating effect of country governance (CG) by employing the quantitative methodology based on secondary data from 2006 to 2021. The data analysis was done through ordinary least square, fixed effect model, and the random effect model. EU was found to enhance bank efficiency based on the basic regression results. CG moderated the positive effect of EU on bank efficiency. Additional robustness tests showed that EU was positively related to both types of banks' efficiency. The value of the paper is unique in that few papers have investigated the moderating effect of CG on the impact of EU on banks' efficiency, which enhances comprehension of EU and CG. These results highlight important policy implications whereby banks should continue to invest in and improve their risk management strategies. In addition, governments and regulatory bodies should prioritise good governance practices as these can improve banks’ efficiency. © 2024 The Authors
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spelling upm-1120592024-10-28T02:47:52Z http://psasir.upm.edu.my/id/eprint/112059/ The impact of economic uncertainty on bank efficiency—the moderating role of country governance Luo, Heng Kamarudin, Fakarudin Mohd Nor, Normaziah This study examined the impact of economic uncertainty (EU) on Islamic banks (IBs) and conventional banks' (CBs) efficiency in countries that meet a standard where 1% share of Islamic banking assets is part of their total domestic banking sector assets. In addition, this study explored the moderating effect of country governance (CG) by employing the quantitative methodology based on secondary data from 2006 to 2021. The data analysis was done through ordinary least square, fixed effect model, and the random effect model. EU was found to enhance bank efficiency based on the basic regression results. CG moderated the positive effect of EU on bank efficiency. Additional robustness tests showed that EU was positively related to both types of banks' efficiency. The value of the paper is unique in that few papers have investigated the moderating effect of CG on the impact of EU on banks' efficiency, which enhances comprehension of EU and CG. These results highlight important policy implications whereby banks should continue to invest in and improve their risk management strategies. In addition, governments and regulatory bodies should prioritise good governance practices as these can improve banks’ efficiency. © 2024 The Authors Elsevier 2024 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/112059/1/PIIS2405844024039367.pdf Luo, Heng and Kamarudin, Fakarudin and Mohd Nor, Normaziah (2024) The impact of economic uncertainty on bank efficiency—the moderating role of country governance. Heliyon, 10 (6). art. no. e27905. pp. 1-13. ISSN 2405-8440 https://www.cell.com/heliyon/fulltext/S2405-8440(24)03936-7?_returnURL=https%3A%2F%2Flinkinghub.elsevier.com%2Fretrieve%2Fpii%2FS2405844024039367%3Fshowall%3Dtrue 10.1016/j.heliyon.2024.e27905
spellingShingle Luo, Heng
Kamarudin, Fakarudin
Mohd Nor, Normaziah
The impact of economic uncertainty on bank efficiency—the moderating role of country governance
title The impact of economic uncertainty on bank efficiency—the moderating role of country governance
title_full The impact of economic uncertainty on bank efficiency—the moderating role of country governance
title_fullStr The impact of economic uncertainty on bank efficiency—the moderating role of country governance
title_full_unstemmed The impact of economic uncertainty on bank efficiency—the moderating role of country governance
title_short The impact of economic uncertainty on bank efficiency—the moderating role of country governance
title_sort impact of economic uncertainty on bank efficiency—the moderating role of country governance
url http://psasir.upm.edu.my/id/eprint/112059/
http://psasir.upm.edu.my/id/eprint/112059/
http://psasir.upm.edu.my/id/eprint/112059/
http://psasir.upm.edu.my/id/eprint/112059/1/PIIS2405844024039367.pdf