Impact of Ownership Restructuring to Financial Performance of Vietnamese Commercial Banks

Abstract

This paper examines the impact of ownership restructuring on the financial performance of 28 commercial banks in Vietnam from 2008 to 2018. The results of the study show that: increasing the variables: equity ownership, foreign ownership ratio, concentration of ownership, privatization of state banks, economic growth increases financial performance. However, mergers and acquisitions, increasing state ownership and inflation reduce financial performance.