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APPENDIX

Appendix 1: List of commercial banks selected for research

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• Ownership structure and business performance of Vietnamese commercial banks - 1
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•  Descriptive Statistical Analysis  Table 4.4:  Sample Descriptive Statistical Results
• Ownership structure and business performance of Vietnamese commercial banks - 5

Source: Author's compilation

Variable | Obs Mean Std. Dev. Min Max

-------------+------------------------------------------------------- --------------------

-------------+------------------------------------------------------- --------------------

Source: Author collects, synthesizes, calculates on Stata 13 . software

Source | SS df MS Number of obs = 443

------------+--------------------------------------- F( 7, 435) = 7.12

Model | 62.0243093 7 8.86061561 Prob > F = 0.0000

Residual | 540,99662 435 1.24367039 R-squared = 0.1029

-------------+--------------------------------------- Adj R-squared = 0.0884

Total | 603.020929 442 1.36430074 Root MSE = 1.1152

--------------------------------------------------- ----------------------------

ROA | Coef. Std. Err. t

|t| [95% Conf. Interval]

-------------+------------------------------------------------ ----------------------------

--------------------------------------------------- ----------------------------

Source: Author collects, synthesizes and analyzes on Stata 13 . software

(obs=443)

| ROA GOE FOE IOE INF GDP LOD LOE

-------------+------------------------------------------------ ------------------------------------

Source: Author collects, synthesizes, calculates on Stata 13 . software

Variable | VIF 1/VIF

-------------+----------------------------

-------------+----------------------------

Mean VIF | 1.41

Source: Author collects, synthesizes, calculates on Stata 13 . software

overall = 0.0826 max = 16

--------------------------------------------------- ----------------------------

ROA | Coef. Std. Err. z

|z| [95% Conf. Interval]

-------------+------------------------------------------------ ----------------------------

-------------+------------------------------------------------ ----------------------------

Source: Author collects, synthesizes and analyzes on Stata 13 . software

overall = 0.0537

corr(u_i, Xb) = -0.7007

--------------------------------------------------- ----------------------------

ROA | Coef. Std. Err. t

|t| [95% Conf. Interval]

-------------+------------------------------------------------ ----------------------------

-------------+------------------------------------------------ ----------------------------

--------------------------------------------------- ----------------------------

F test that all u_i=0: F(29, 406) = 4.39 Prob > F = 0.0000

Source: Author collects, synthesizes and analyzes on Stata 13 . software

Appendix 8: Hausman test results

---- Coefficients ----

-------------+------------------------------------------------ ----------------------------

--------------------------------------------------- ----------------------------

b = consistently under Ho and Ha; obtained from xtreg B = inconsistent under Ha, efficient under Ho; obtained from xtreg

Test: Ho: difference in coefficients not systematic chi2(7) = (bB)'[(V_b-V_B)^(-1)](bB)

= 27.88

Prob>chi2 = 0.0002

(V_b-V_B is not positive definite)

Source: Author collects, synthesizes and analyzes on Stata 13 . software

Appendix 9: Results of test of variance

Modified Wald test for groupwise heteroskedasticity in fixed effect regression model

H0: sigma(i)^2 = sigma^2 for all i chi2 (30) = 7283.41

Prob>chi2 = 0.0000

Source: Author collects, synthesizes and analyzes on Stata 13 . software

Appendix 10: Autocorrelation test results

Wooldridge test for autocorrelation in panel data H0: no first-order autocorrelation

F( 1.29) = 38,952

Prob > F = 0.0000

Source: Author collects, synthesizes and analyzes on Stata 13 . software

Appendix 11: Regression results by GLS method and handling of variable variance, autocorrelation treatment

Cross-sectional time-series FGLS regression Coefficients: generalized least squares Panels: heteroskedastic

Correlation: common AR(1) coefficient for all panels (0.4938)

Estimated covariances = 30 Number of obs = 443

Estimated autocorrelations = 1 Number of groups = 30

Estimated coefficients = 8 Obs per group: min = 7

avg = 14.76667

max = 16

Wald chi2(7) = 46.32

Prob > chi2 = 0.0000

--------------------------------------------------- ----------------------------

ROA | Coef. Std. Err. z

|z| [95% Conf. Interval]

-------------+------------------------------------------------ ----------------------------

--------------------------------------------------- ----------------------------

Source: Author collects, synthesizes and analyzes on Stata 13 . software

Appendix 12: Summary of regression results

--------------------------------------------------- --------------------------

Pooled REM FEM GLS

--------------------------------------------------- --------------------------

--------------------------------------------------- --------------------------

t statistics in brackets

* p<0.1, **p<0.05, ***p<0.01

Source: Author collects, synthesizes and analyzes on Stata 13 . software