Profitability and Competition in Chinese Banking

1. Auflage 2027
ISBN: 978-1-138-22899-3
Verlag: Taylor & Francis Ltd

Buch, Englisch, 208 Seiten, Format (B × H): 156 mm x 234 mm

Reihe: Routledge International Studies in Money and Banking

This book offers a detailed examination of the impact of competition on bank profitability by comparing three different ownership types of Chinese commercial banks (state-owned, joint-stock and city commercial banks), during the period from 2003 to 2013, while at the same time controlling comprehensive bank-specific, industry-specific and macroeconomic variables. It not only investigates the impact of competition on profitability in the Chinese banking industry, more importantly, it outlines the relevant theories of bank profitability and bank competition and also offers a systematic review of Chinese banking industry reform and structure. This is the first book to comprehensively and accurately examine the competitive conditions within the Chinese banking industry, using different competition indicators including the banking sector concentration ratio, Panzar-Rosse H statistics, the Lerner index as well as the Boone indicator. With regard to competitiveness in the Chinese banking industry, all the research is focused on the general competition within the whole banking industry, while the use of the Boone indicator in this book facilitates analysis of the competitive conditions in different banking markets in China, such as the loan market, deposit market as well as the non-interest income market. This not only fills a gap in the empirical literature but also provides markers for the Chinese government and banking regulatory authorities to follow in order to formulate and implement relevant monetary policies, so as to improve bank performance and ultimately profitabilty.

Autoren/Hrsg.

Tan, Aaron

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Öffentliche Finanzwirtschaft, Besteuerung
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensorganisation, Corporate Responsibility Unternehmenskultur, Corporate Governance
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
• Rechtswissenschaften Wirtschaftsrecht
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensorganisation, Corporate Responsibility Unternehmensethik
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Wirtschaftswissenschaften Volkswirtschaftslehre Regional- und Städtische Wirtschaft
• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen

Inhaltsverzeichnis

1. Introduction

1.1 Introduction

1.2 Aims and objectives of the book

1.3 Methodology and data

1.4 Structure of the book

2. The reforms and structure of Chinese banking industry

2.1 Introduction

2.2 The reforms in the Chinese banking industry

2.2.1 The reform in the Chinese banking industry before 1978

2.2.2 The reform in the Chinese banking industry between 1978 and 2001

2.2.3 The reform in the Chinese banking industry after 2001

2.3 Structure of Chinese banking industry

2.3.1 The banking regulatory authority

2.3.2 Large scale commercial banks

2.3.3 joint-stock commercial banks

2.3.4 City commercial banks

2.3.5 Policy banks

2.3.6 Other banks and non-bank financial institutions

2.4 Summary and conclusion

3. Theory of bank profitability and bank competition

3.1 Introduction

3.2 Theory of bank profitability

3.3 Theory of bank competition

3.3.1 Structure-Conduct-Performance paradigm

3.3.2 Lerner index

3.3.3 Panzar-Rosse H statistics

3.3.4 Boone indicator

3.4 Summary and conclusion

4. Literature review on bank profitability and bank competition

4.1Iintroduction

4.2 Literature review on bank profitability

4.3 Literature review on bank competition

4.4 Literature review on the relationship between bank profitability and bank competition

4.5 Summary and conclusion

5. Methodology and data to estimate bank profitability and bank competition in China

5.1 Introduction

5.2 Methodology to estimate bank profitability

5.3 Methodology to estimate bank competition

5.4 Methodology to estimate the relationship between bank profitability and bank competition

5.5 Data

5.6 Summary and conclusion

6. Empirical results on bank profitability and bank competition in China

6.1 Introduction

6.2 Empirical results on bank profitability in China

6.3 Empirical results on bank competition in China

6.3.1 Empirical results on 3-bank concentration ratio

6.3.2 Empirical results on Lerner index

6.3.3 Empirical results on Panzar-Rosse H statistic

6.3.4 Empirical results on Boone indicator

6.4 Empirical results on the relationship between bank profitability and bank competition in China

6.5 Summary and conclusion

7. Conclusion

7.1 Introduction and summary of the findings

7.2 Policy implications for Chinese banking industry

7.3 Limitations of the book and further studies

Über Autor(innen)

Dr Aaron Tan is a Senior Lecturer in Economics at the Business School at the University of Huddersfield, UK.