Tải bản đầy đủ
PHỤ LỤC 1DANH SÁCH MẪU QUAN SÁT NGHIÊN CỨU

PHỤ LỤC 1DANH SÁCH MẪU QUAN SÁT NGHIÊN CỨU

Tải bản đầy đủ

EIB
EIB
EIB
EIB
EIB
EIB
EIB
STB
STB
STB
STB
STB
STB
STB
STB
STB
ACB
ACB
ACB
ACB
ACB
ACB
ACB
ACB
ACB
TECH
TECH
TECH

2007
2008
2009
2010
2011
2012
2013
2005
2006
2007
2008
2009
2010
2011
2012
2013
2005
2006
2007
2008
2009
2010
2011
2012
2013
2005
2006
2007

1.865438
1.473671
1.730315
1.384049
1.655452
1.256879
0.38785
1.649498
1.8975
2.164836
1.395051
1.606011
1.268389
1.450856
0.652692
1.34604
1.232656
1.132103
2.0611
2.099291
1.311169
1.138352
1.141502
0.446402
0.496366
1.932814
1.482747
1.290723

9.989717
5.535734
8.48076
13.43109
18.64046
13.52534
4.440078
12.63053
16.37879
19.01989
12.3057
15.83955
13.19259
14.29395
7.361056
12.90748
23.31668
1.132103
28.12481
28.46444
21.78054
20.52249
26.82345
6.234251
6.730563
21.49357
7.189367
28.97132

0.763853855
0.687621726
0.760441601
0.544595094
0.504835558
0.674938362
0.723294074
0.692708884
0.686641764
0.646927804
0.600735048
0.671241206
0.625042207
0.742420128
0.825846518
0.80886602
0.428039165
0.455913353
0.428492898
0.383304852
0.4646647
0.477536295
0.444523167
0.650226081
0.717154902
0.572276868
0.584139808
0.585515648

0.679497
0.639982
0.592321
0.443523
0.292278
0.414081
0.467938
0.724153
0.706791
0.684993
0.674018
0.58178
0.556128
0.533763
0.707862
0.820549
0.823344
0.752738
0.647406
0.609812
0.517743
0.52138
0.506079
0.710313
0.833809
0.580819
0.552109
0.618994

0.003985497
0.017722659
0.009868439
0.010074421
0.008288031
0.008092879
0.008529357
0.002237767
0.005656262
0.005019285
0.007191092
0.008641349
0.009591844
0.009937357
0.014994065
0.012182799
0.00221979
0.003544347
0.004229279
0.006563459
0.008050197
0.008219464
0.009594826
0.014750574
0.014257178
0.016431699
0.00319373
0.002885611

0.186736
0.266211
0.204028
0.103048
0.08881
0.092928
0.087352
0.130596
0.115851
0.11382
0.113366
0.101392
0.096144
0.101501
0.088668
0.104284
0.052866
1
0.073284
0.073751
0.060199
0.055469
0.042556
0.071605
0.073748
0.089925
0.206242
0.044552

7.527764215
7.683477704
7.815898742
8.117638825
8.263794686
8.230847293
8.230028372
7.159998206
7.394034383
7.810050123
7.83530092
8.017113276
8.151672366
8.146552735
8.179785931
8.204579923
7.385121023
7.649773207
7.931415563
8.022453653
8.225001669
8.311971907
8.448736177
8.246271051
8.220913358
7.028005895
7.238707158
7.597064079

0.00510489
0.005859519
0.0070056
0.004151554
0.005725113
0.006578492
0.005559298
0.008034059
0.007566218
0.005357389
0.009400343
0.007184966
0.007204902
0.013876067
0.013089885
0.013201443
0.004471495
0.004417311
0.004591337
0.006563996
0.00411791
0.004151422
0.003454378
0.008505855
0.010828512
0.006162886
0.005646601
0.004608713

TECH
TECH
TECH
TECH
TECH
TECH
BID
BID
BID
BID
BID
BID
BID
BID
BID
MB
MB
MB
MB
MB
MB
MB
MB
MB
SEA
SEA
SEA

2008
2009
2010
2011
2012
2013
2005
2006
2007
2008
2009
2010
2011

1.992044
1.837337
1.379159
1.746937
0.425538
0.41478
0.461267
0.667098
0.748818
0.803017
0.950471
1.026767
0.788556

21.03106
23.21422
22.07604
25.20646
5.761553
4.734682
8.574566
14.10766
13.16238
14.69907
15.97283
15.52749
13.11828

0.513011242
0.520090231
0.402663359
0.38881416
0.88361656
0.5282528
0.823360792
0.604478038
0.785741106
0.742549355
0.857506589
0.856234936
0.956386018

0.667073
0.673775
0.535964
0.491039
0.217694
0.755069
0.706296
0.705148
0.661752
0.662883
0.631539
0.668092
0.59274

2012
2013
2005
2006
2007
2008
2009
2010
2011
2012
2013
2005
2006
2007

0.530533
0.738715
1.3274
1.869187
1.659769
1.586087
1.700849
1.591971
1.379611
1.313068
1.26716
0.654733
0.966147
1.139395

9.70748
12.6436
1.3274
1.869187
17.46067
17.85323
17.03999
19.64762
19.8642
17.92518
15.08905
13.74415
9.336583
8.886606

0.961904118
0.927587029
0.56789197
0.48961683
0.467000181
0.416060362
0.503243231
0.504369722
0.494026088
0.489612072
0.650622856
0.263759058
0.40295443
0.537292429

0.625143
0.617999
0.738875
0.771669
0.600361
0.61252
0.579328
0.599698
0.645017
0.670505
0.754449
0.37754
0.344269
0.409476

0.012300489
0.012393745
0.011543921
0.014011639
0.016482731
0.016879977
0.031811879
0.014568906
0.022004287
0.025546097
0.026174535
0.020823239
0.019927663
0.017399602
0.015715254
0.016924529
0.021015883
0.012381061
0.015686805
0.015113657
0.015130915
0.018503565
0.017625756
0.021245356
0.001635691
0.002690714
0.004191073

0.094719
0.079147
0.062473
0.069305
0.073858
0.087605
0.053795
0.047286
0.056891
0.05463
0.059505
0.066126
0.060111

7.773716192
7.966303354
8.176933595
8.25655218
8.255112264
8.201114777
8.084230589
8.20757322
8.310716987
8.391806922
8.471925212
8.563798703
8.608264366

0.014556395
0.006422907
0.00502036
0.006543214
0.007715263
0.008238002
0.004370959
0.004692998
0.006312458
0.007610731
0.009138646
0.008398432
0.009303106

0.054652
0.058426
1
1
0.095058
0.08884
0.099815
0.081026
0.069452
0.073253
0.083979
0.047637
0.10348
0.128215

8.685548779
8.739086425
6.914604026
7.131277125
7.471637571
7.646855491
7.838901253
8.039902467
8.142487991
8.244549154
8.256190942
6.787101626
7.008617926
7.418944598

0.004711076
0.007343239
0.003294123
0.003693376
0.003988242
0.005277239
0.005067594
0.005173266
0.005935901
0.007455015
0.007026791
0.001229237
0.001502782
0.001570382

SEA
SEA
SEA
SEA
SEA
SEA
VP
VP
VP
VP
VP
VP
VP
VP
VP
DONGA
DONGA
DONGA
DONGA
DONGA
DONGA
DONGA
DONGA
DONGA
VIB
VIB
VIB
VIB

2008
2009
2010
2011
2012
2013
2005
2006
2007
2008
2009
2010
2011
2012
2013
2005
2006
2007
2008
2009
2010
2011
2012
2013
2005
2006
2007
2008

1.428772
1.502762
1.138939
0.124716
0.070263
0.189943
0.912669
1.116415
1.250017
0.7671
1.065842
0.841582
0.965597
0.627235
0.839175
1.18416
1.258596
1.211555
1.551966
1.350282
1.180046
1.463056
0.833182
0.438
0.772563
0.883968
0.785706
0.486315

7.687173
8.388307
10.95467
2.277137
0.944876
2.649094
16.93236
13.57317
10.39607
5.953996
11.52146
9.670529
13.33648
9.694024
13.17018
1.18416
1.258596
10.28933
15.327
13.98988
12.16409
16.29161
9.456028
5.57601
5.843667
6.138591
14.14971
7.364938

0.453430608
0.390608753
0.530447637
0.660404036
0.356188567
0.546109107
0.584499364
0.550895657
0.873946896
0.832086926
0.65122954
0.52106843
0.416922143
0.508189478
0.575509305
0.854795532
0.805252261
0.837732283
0.855070073
0.961454268
0.812532691
0.92615989
0.847028525
0.832556707
0.6470742
0.610442336
0.535915123
0.630731739

0.382087
0.403499
0.269636
0.339815
0.418918
0.453061
0.527042
0.558942
0.703758
0.765594
0.598684
0.400783
0.355142
0.580194
0.691413
0.764897
0.785662
0.524086
0.662873
0.642768
0.562297
0.557075
0.733134
0.868754
0.587512
0.5938
0.449987
0.688535

0.010403184
0.016729968
0.01575757
0.00534652
0.022878848
0.024167629
0.002149961
0.002290159
0.0019553
0.005225841
0.008249401
0.009050837
0.01076538
0.010302113
0.011523909
0.002060386
0.001711703
0.003581921
0.010548496
0.009938254
0.011617263
0.015044948
0.017648411
0.01688758
0.004466238
0.008662822
0.007911432
0.009529016

0.185864
0.17915
0.103968
0.054769
0.074362
0.071701
0.053901
0.082252
0.120239
0.128838
0.092509
0.087025
0.072403
0.064703
0.063718
1
1
0.117749
0.101257
0.096518
0.097011
0.089804
0.088111
0.078551
0.132205
0.144002
0.055528
0.066031

7.351679971
7.485678776
7.742265997
8.004719319
7.875447417
7.902353407
6.784628916
7.006863828
7.258575821
7.269209533
7.440011337
7.776752185
7.91812446
8.011046924
8.083733215
6.930231216
7.08195155
7.438141458
7.54049455
7.638692898
7.747202644
7.811160586
7.840596739
7.874596076
6.952680151
7.21818412
7.594448187
7.540567921

0.003360553
0.013320524
0.009531627
0.004031631
0.015449137
0.00627606
0.005373584
0.005577057
0.007088434
0.010080158
0.007551572
0.00400463
0.008303116
0.007775248
0.009537105
0.006908126
0.005067737
0.004593054
0.006222044
0.006451457
0.006324047
0.009730623
0.008259248
0.009371206
0.004410282
0.005083737
0.001892073
0.007301898

VIB
VIB
VIB
VIB
VIB
ABB
ABB
ABB
ABB
ABB
ABB
ABB
ABB
ABB
NVB
NVB
NVB
NVB
NVB
NVB
NVB
NVB
NVB
OCB
OCB
OCB
OCB
OCB

2009
2010
2011
2012
2013
2005
2006
2007
2008
2009
2010
2011
2012
2013
2005
2006
2007
2008
2009
2010
2011
2012
2013
2005
2006
2007
2008
2009

0.811143
0.842966
0.659101
0.277399
0.065364
1.210814
1.867338
0.941818
0.368279
1.175224
1.256241
0.754127
0.80729
0.243914
2.134475
1.848663
0.754644
0.524003
0.853298
0.783923
0.738801
0.010072
0.063472
1.25001
1.609565
2.316126
2.314323
1.625307

15.59866
11.9962
7.830758
2.154629
0.629467
4.375891
1.867338
6.524242
1.256373
6.941785
10.30266
6.66243
7.664958
2.446907
2.997634
3.996277
12.90663
5.310006
12.21358
7.75899
5.167942
0.068259
0.576051
12.16877
12.45119
16.44951
14.68329
8.845958

0.549075365
0.932129233
0.515078867
0.654931038
0.581490213
0.837622364
0.599008899
0.475423378
0.702515365
0.602766061
0.616454481
0.554973387
0.573605975
0.73698909
2.068340963
0.600413886
0.483446396
0.57179661
0.577471777
0.637846508
0.693996854
0.737829404
0.552689485
0.825678243
0.861170302
0.770879951
1.055493862
1.032357321

0.571463
0.047858
0.455383
0.600726
0.562467
0.307951
0.50334
0.394563
0.494567
0.565721
0.617432
0.48891
0.62686
0.644857
0.276177
0.488079
0.620023
0.552197
0.576978
0.535626
0.658884
0.568577
0.632067
0.403824
0.389507
0.491003
0.673243
0.634696

0.009612695
0.011406572
0.015807128
0.016943476
0.026260782
0.002362205
0.01275941
0.008410566
0.012422274
0.011058018
0.010634103
0.015960181
0.022052299
0.027634704
0.005488112
0.002170753
0.001396832
0.004007995
0.009579481
0.011853281
0.012322393
0.016959402
0.01551866
0.004554586
0.004802233
0.005574905
0.008121675
0.010423397

0.052001
0.070269
0.084168
0.128745
0.103839
0.276701
1
0.144357
0.293129
0.169297
0.121934
0.113191
0.105322
0.099683
0.712053
0.462596
0.05847
0.098682
0.069865
0.101034
0.142958
0.14755
0.110184
0.102723
0.12927
0.140802
0.157616
0.183734

7.75308581
7.972327502
7.986545757
7.813069715
7.885783264
5.832322381
6.493304383
7.234874417
7.130144729
7.423542142
7.579778488
7.619362113
7.664325154
7.760631362
5.160948481
6.051748159
6.995770024
7.037636741
7.222455088
7.301385646
7.352106191
7.334156339
7.463510104
6.604248523
6.808944601
7.070223335
7.004093503
7.103332067

0.014096289
0.011697868
0.016379613
0.027569519
0.01907108
0.005458226
0.003248019
0.002906059
0.006844608
0.005394809
0.006603946
0.008799624
0.009483453
0.007028823
0.011549082
0.007710307
0.003833254
0.007288214
0.00574759
0.006113142
0.008644141
0.011352355
0.007057112
0.00636584
0.008001247
0.007082847
0.009186601
0.009658042

OCB
OCB
OCB
OCB

2010 1.546426 9.728494 0.713291762 0.441208
2011 1.190693 8.068879 0.663397869 0.385189
2012 0.838294 6.018862 0.816174991 0.556859
2013 0.73612 6.088917 0.73491285 0.582879

0.009030407
0.012591289
0.018064365
0.010182738

0.158958 7.294238129 0.006964114
0.147566 7.405239883 0.014687085
0.139278 7.43813297 0.017078897
0.120895 7.51581039 0.015558584

PHỤ LỤC 2
KẾT QUẢ KIỂM ĐỊNH REM PHẦN MỀM STATA_SE 11

. xtreg roe ldr dep rr ca bs ovre1 rgdp m2 p,re
Random-effects GLS regression
Group variable: nh

Number of obs
Number of groups

=
=

135
15

R-sq:

Obs per group: min =
avg =
max =

9
9.0
9

within = 0.3220
between = 0.6711
overall = 0.4173

Random effects u_i ~ Gaussian
corr(u_i, X)
= 0 (assumed)
Std. Err.

Wald chi2(9)
Prob > chi2

roe

Coef.

z

ldr
dep
rr
ca
bs
ovre1
rgdp
m2
p
_cons

-2.331417
8.446433
-92.31446
-10.12813
3.267924
-77.84588
2.257044
.0774955
.1885971
-31.81913

2.668145
3.134579
75.87913
2.094327
1.235266
151.225
.8567912
.0641737
.0949289
13.10158

sigma_u
sigma_e
rho

2.2352466
5.0100485
.16600797

(fraction of variance due to u_i)

-0.87
2.69
-1.22
-4.84
2.65
-0.51
2.63
1.21
1.99
-2.43

P>|z|
0.382
0.007
0.224
0.000
0.008
0.607
0.008
0.227
0.047
0.015

=
=

71.30
0.0000

[95% Conf. Interval]
-7.560886
2.302771
-241.0348
-14.23294
.8468474
-374.2415
.577764
-.0482827
.0025399
-57.49776

2.898052
14.5901
56.4059
-6.023325
5.689002
218.5497
3.936324
.2032737
.3746543
-6.140497

Random-effects GLS regression
Group variable: nh

Number of obs
Number of groups

=
=

135
15

R-sq:

Obs per group: min =
avg =
max =

9
9.0
9

within = 0.2951
between = 0.0077
overall = 0.1160

Random effects u_i ~ Gaussian
corr(u_i, X)
= 0 (assumed)
Std. Err.

Wald chi2(9)
Prob > chi2

roa

Coef.

z

ldr
dep
rr
ca
bs
ovre1
rgdp
m2
p
_cons

.1610186
-.4038958
-2.528302
.0035934
-.261434
-6.847279
.0201234
.0107801
.0177852
2.732516

.2298827
.2554609
6.419197
.1686319
.1163475
12.67823
.0710752
.0050494
.0074616
1.242671

sigma_u
sigma_e
rho

.31214018
.38916187
.39148223

(fraction of variance due to u_i)

0.70
-1.58
-0.39
0.02
-2.25
-0.54
0.28
2.13
2.38
2.20

P>|z|
0.484
0.114
0.694
0.983
0.025
0.589
0.777
0.033
0.017
0.028

=
=

42.14
0.0000

[95% Conf. Interval]
-.2895433
-.9045899
-15.1097
-.3269191
-.4894709
-31.69615
-.1191814
.0008834
.0031606
.2969263

.6115805
.0967983
10.05309
.3341059
-.033397
18.00159
.1594282
.0206768
.0324097
5.168106