Faktor-Faktor yang Mempengaruhi Efisiensi Biaya Perbankan di Kawasan ASEAN-5
Abstract
This study examines the determinants of cost efficiency of banking operation in ASEAN-5 regions: Indonesia, Singapura, Malaysia, Filipina, dan Thailand. the measurement of banking efficiency using stochasctic frontier analysis (SFA) to 23 commercial banks between 2005-2012. Empirical result reveal certain significant associations of cost efficiency with macroeconomy variables: real interest rate and individual banking characteristic: return on equity (ROE). These result also show that Indonesian banking industry is not operating efficiently.