| dc.description.abstract | With the general objective of studying the influence of bank risk management and profitability on bank market power in Vietnam over the 10-year period of time from 2008 to 2017, this thesis used Vietnamese commercial banks as a case study to examine whether bank risk management and profitability affect bank market power. This has a remarkable implication for studying bank market power, as choosing Lerner index as an optimal indicator for market power is a considerable purpose in the empirical study. Moreover, the size and age of banks, as well as the annual GDP growth rate of Vietnam, are also considered as control variables. The statistical sample of this research is 18 commercial banks which are listed on HOSE, HNX, Upcom and OTC and provide enough data. Generalized Method of Moments estimation (GMM) is chosen to be the most suitable method as it can fix the endogeneity caused by the lag of dependent variable. After running regression analysis and testing research model, there is enough statistical evidence to prove the significant relationship between independent variables (Liquidity risk/ Credit risk and Profitability) and dependent variable (Market power), presenting that the less liquidity and credit risk, the more market power, whereas higher profitability generates greater market power. | en_US |
