MỐI QUAN HỆ TƯƠNG TÁC GIỮA VỐN TRÍ TUỆ VÀ HIỆU QUẢ NGÂN HÀNG CỦA CÁC NGÂN HÀNG THƯƠNG MẠI VIỆT NAM

Abstract

This study provides empirical evidence on the interaction between Intellectual Capital (IC), its components, and bank efficiency, using data from 28 Vietnamese commercial banks during the period 2021–2023. The estimation is conducted using a Seemingly Unrelated Regression (SUR) model, with convergence diagnostics of the Markov Chain Monte Carlo (MCMC) chains employed to validate the robustness of Bayesian inference. The findings reveal two main insights. First, bank performance is significantly associated with overall IC and its individual components. Second, both Intellectual Capital and Human Capital Efficiency exhibit a positive relationship with bank efficiency, while Capital Employed Efficiency demonstrates a negative effect. In contrast, no statistically significant relationship is found between Structural Capital Efficiency and bank efficiency. Furthermore, the study identifies key factors influencing Intellectual Capital and bank efficiency, offering practical implications for policymakers and banking managers in designing and adjusting strategic mechanisms in accordance with different stages of economic development.

Keywords: Banking efficiency; Intellectual capital; Components of intellectual capital.