Pengaruh Struktur Pasar terhadap Profitabilitas dan Stabilitas Bank di ASEAN-5
Deskripsi
This study aims to determine the effect of market structure on profitability and stability banks in ASEAN-5 using the sample of 86 banks listed on the ASEAN-5 countries’ stock exchange in 2014-2020 and processed with two-step system Generalized Method of Moment (GMM). This study investigates the relevance of the structure-conduct-performance (SCP), efficiency-structure (ES), and quiet life (QLH) hypotheses in the case of ASEAN-5 banking and the empirical results found only bank cost efficiency affects bank profitability thus support the efficient-structure hypothesis. In addition, the control variable was found to be significant in influencing bank profitability. Furthermore, this study also examines the relevance of concentration-stability and concentration-fragility hypothesis in the case of ASEAN-5 banking. The empirical results show concentration variable did not affect bank stability..Ada Tabel