Competition, Innovation, Risk-Taking, and Profitability in the Chinese Banking Sector: An Empirical Analysis Based on Structural Equation Modeling

We introduce a new perspective to systematically investigate the cause-and-effect relationships among competition, innovation, risk-taking, and profitability in the Chinese banking industry. Our hypotheses are tested by the structural equation modeling (SEM), and the empirical results show that (i)...

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Main Authors: Ti Hu, Chi Xie
Format: Article
Language:English
Published: Wiley 2016-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2016/3695379
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author Ti Hu
Chi Xie
author_facet Ti Hu
Chi Xie
author_sort Ti Hu
collection DOAJ
description We introduce a new perspective to systematically investigate the cause-and-effect relationships among competition, innovation, risk-taking, and profitability in the Chinese banking industry. Our hypotheses are tested by the structural equation modeling (SEM), and the empirical results show that (i) risk-taking is positively related to profitability; (ii) innovation positively affects both risk-taking and profitability, and the effect of innovation on profitability works both directly and indirectly; (iii) competition negatively affects risk-taking but positively affects both innovation and profitability, and the effects of competition on risk-taking and profitability work both directly and indirectly; (iv) there is a cascading relationship among market competition and bank innovation, risk-taking, and profitability.
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language English
publishDate 2016-01-01
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series Discrete Dynamics in Nature and Society
spelling doaj-art-29e887ee06574029b5caa92bca90aeed2025-08-20T02:04:01ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2016-01-01201610.1155/2016/36953793695379Competition, Innovation, Risk-Taking, and Profitability in the Chinese Banking Sector: An Empirical Analysis Based on Structural Equation ModelingTi Hu0Chi Xie1College of Business Administration, Hunan University, Hunan, ChinaCollege of Business Administration, Hunan University, Hunan, ChinaWe introduce a new perspective to systematically investigate the cause-and-effect relationships among competition, innovation, risk-taking, and profitability in the Chinese banking industry. Our hypotheses are tested by the structural equation modeling (SEM), and the empirical results show that (i) risk-taking is positively related to profitability; (ii) innovation positively affects both risk-taking and profitability, and the effect of innovation on profitability works both directly and indirectly; (iii) competition negatively affects risk-taking but positively affects both innovation and profitability, and the effects of competition on risk-taking and profitability work both directly and indirectly; (iv) there is a cascading relationship among market competition and bank innovation, risk-taking, and profitability.http://dx.doi.org/10.1155/2016/3695379
spellingShingle Ti Hu
Chi Xie
Competition, Innovation, Risk-Taking, and Profitability in the Chinese Banking Sector: An Empirical Analysis Based on Structural Equation Modeling
Discrete Dynamics in Nature and Society
title Competition, Innovation, Risk-Taking, and Profitability in the Chinese Banking Sector: An Empirical Analysis Based on Structural Equation Modeling
title_full Competition, Innovation, Risk-Taking, and Profitability in the Chinese Banking Sector: An Empirical Analysis Based on Structural Equation Modeling
title_fullStr Competition, Innovation, Risk-Taking, and Profitability in the Chinese Banking Sector: An Empirical Analysis Based on Structural Equation Modeling
title_full_unstemmed Competition, Innovation, Risk-Taking, and Profitability in the Chinese Banking Sector: An Empirical Analysis Based on Structural Equation Modeling
title_short Competition, Innovation, Risk-Taking, and Profitability in the Chinese Banking Sector: An Empirical Analysis Based on Structural Equation Modeling
title_sort competition innovation risk taking and profitability in the chinese banking sector an empirical analysis based on structural equation modeling
url http://dx.doi.org/10.1155/2016/3695379
work_keys_str_mv AT tihu competitioninnovationrisktakingandprofitabilityinthechinesebankingsectoranempiricalanalysisbasedonstructuralequationmodeling
AT chixie competitioninnovationrisktakingandprofitabilityinthechinesebankingsectoranempiricalanalysisbasedonstructuralequationmodeling