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  <front>
    <journal-meta>
      <journal-id journal-id-type="publisher-id">jssi</journal-id>
      <journal-title-group>
        <journal-title>Journal of Security and Sustainability Issues</journal-title>
      </journal-title-group>
      <issn pub-type="epub">2029-7017</issn>
      <issn pub-type="ppub">2029-7017</issn>
      <publisher>
        <publisher-name>LKA</publisher-name>
      </publisher>
    </journal-meta>
    <article-meta>
      <article-id pub-id-type="publisher-id">JSSI1026</article-id>
      <article-id pub-id-type="doi">10.9770/jssi.2020.10.2(6)</article-id>
      <article-categories>
        <subj-group subj-group-type="heading">
          <subject>Article</subject>
        </subj-group>
      </article-categories>
      <title-group>
        <article-title>Corporate Governance and Bank Performance: a Case of Vietnam Banking Sector</article-title>
      </title-group>
      <contrib-group>
        <contrib contrib-type="author">
          <name>
            <surname>Nguyen</surname>
            <given-names>Thi Dieu Chi</given-names>
          </name>
          <email xlink:href="mailto:chintd@neu.edu.vn">chintd@neu.edu.vn</email>
          <xref ref-type="aff" rid="j_jssi_aff_000"/>
        </contrib>
        <aff id="j_jssi_aff_000">National Economics University, Hanoi, 207 Giai Phong Str, Hai Ba Trung Dist., Hanoi, Vietnam</aff>
        <contrib contrib-type="author">
          <name>
            <surname>Phan</surname>
            <given-names>Huu Nghi</given-names>
          </name>
          <email xlink:href="mailto:nghiph@neu.edu.vn">nghiph@neu.edu.vn</email>
          <xref ref-type="aff" rid="j_jssi_aff_001"/>
        </contrib>
        <aff id="j_jssi_aff_001">National Economics University, Hanoi, 207 Giai Phong Str, Hai Ba Trung Dist., Hanoi, Vietnam</aff>
        <contrib contrib-type="author">
          <name>
            <surname>Le</surname>
            <given-names>Hung Son</given-names>
          </name>
          <email xlink:href="mailto:lhsonkbnn@gmail.com">lhsonkbnn@gmail.com</email>
          <xref ref-type="aff" rid="j_jssi_aff_002"/>
        </contrib>
        <aff id="j_jssi_aff_002">Vietnam State Treasury, 32 Cat Linh Str, Dong Da Dist., Hanoi, Vietnam</aff>
        <contrib contrib-type="author">
          <name>
            <surname>Trang Nguyen</surname>
            <given-names>Thi Thuy</given-names>
          </name>
          <email xlink:href="mailto:Trang@neu.edu.vn">Trang@neu.edu.vn</email>
          <xref ref-type="aff" rid="j_jssi_aff_003"/>
        </contrib>
        <aff id="j_jssi_aff_003">National Economics University, Hanoi, 207 Giai Phong Str, Hai Ba Trung Dist., Hanoi, Vietnam</aff>
        <contrib contrib-type="author">
          <name>
            <surname>Petrov</surname>
            <given-names>Aleksandr</given-names>
          </name>
          <email xlink:href="mailto:ampetrov@fa.ru">ampetrov@fa.ru</email>
          <xref ref-type="aff" rid="j_jssi_aff_004"/>
          <xref ref-type="corresp" rid="cor5">∗∗∗∗∗</xref>
        </contrib>
        <aff id="j_jssi_aff_004">Financial University under the Government of the Russian Federation, 49 Leningradsky Prospekt, 125993, Moscow, Russian Federation</aff>
      </contrib-group>
      <author-notes>
        <corresp id="cor5"><label>∗∗∗∗∗</label>Corresponding author.</corresp>
      </author-notes>
      <volume>10</volume>
      <issue>2</issue>
      <fpage>437</fpage>
      <lpage>449</lpage>
      <pub-date pub-type="ppub">
        <day>30</day>
        <month>12</month>
        <year>2020</year>
      </pub-date>
      <pub-date pub-type="epub">
        <day>30</day>
        <month>12</month>
        <year>2020</year>
      </pub-date>
      <permissions>
        <ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/>
      </permissions>
      <abstract>
        <p>The purpose of the paper is to assess the impact of corporate governance on Vietnam banks’ performance measured by ROA (return on assets) and OER (operating efficiency ratio). The article uses a research method which is a quantitative research method through the construction of a binary Probit model with two aggregate variables, namely Macroeconomic indicators and financial index variables. The results are consistent with prior research findings, and more importantly, presents statistical justification for pursuing further corporate governance reforms to enhance Vietnam banks’ performance. These findings also lay a foundation for policy makers to make necessary changes to improve corporate governance (i.e role of board of directors, shareholder issues) of Vietnam banks in the future. Social Implications: the study used Vietnam listed banks’ financial data collected covering a period 2008 to 2018. The findings indicated that board size, CEO duality and large shareholder had statistically significant effect on bank performance in both ROA (return on assets) and OER (operating efficiency ratio). While institutional shareholders and foreign shareholders made no impact on Vietnam banks’ performance.</p>
      </abstract>
      <kwd-group>
        <label>Keywords</label>
        <kwd>bank performance</kwd>
        <kwd>corporate governance</kwd>
        <kwd>shareholders</kwd>
        <kwd>Vietnam</kwd>
      </kwd-group>
      <kwd-group kwd-group-type="JEL">
        <label>JEL</label>
        <kwd>G32</kwd>
      </kwd-group>
    </article-meta>
  </front>
</article>
