Geopolitical risk and the rate of return of banks listed on the Vietnamese stock market

Geopolitical Risk (GPR) plays a crucial role in shaping the stability and efficiency of listed banks in the stock market. This study analyzes the impact of GPR on the returns of banks listed on the stock exchange in the context of emerging markets, particularly in Vietnam. The study uses monthly dat...

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Main Authors: Phan Hồng Hải, Trần Trọng Huỳnh
Format: Article
Language:Vietnamese
Published: TẠP CHÍ KHOA HỌC ĐẠI HỌC MỞ THÀNH PHỐ HỒ CHÍ MINH 2025-04-01
Series:Tạp chí Khoa học Đại học Mở Thành phố Hồ Chí Minh - Kinh tế và Quản trị kinh doanh
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Online Access:https://journalofscience.ou.edu.vn/index.php/econ-vi/article/view/3997
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author Phan Hồng Hải
Trần Trọng Huỳnh
author_facet Phan Hồng Hải
Trần Trọng Huỳnh
author_sort Phan Hồng Hải
collection DOAJ
description Geopolitical Risk (GPR) plays a crucial role in shaping the stability and efficiency of listed banks in the stock market. This study analyzes the impact of GPR on the returns of banks listed on the stock exchange in the context of emerging markets, particularly in Vietnam. The study uses monthly data from January 2010 to December 2024, encompassing 19 banks listed on the Ho Chi Minh Stock Exchange (17 banks) and the Hanoi Stock Exchange (02 banks), with a total of 1,210 observations. The regression analysis results indicate that an increase in GPR is expected to decrease bank profits due to investor withdrawals and increased financial costs. Moreover, the impact of GPR on bank returns is lower compared to the effectssof market factors. This study contributes to the research field by providing evidence of the impactsof geopolitical risk on the banking industry and suggesting effective risk management strategies for policymakers and bank managers in Vietnam.
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id doaj-art-e3c4cdf74d7a4e8799991ce14ded43ad
institution DOAJ
issn 2734-9306
2734-9578
language Vietnamese
publishDate 2025-04-01
publisher TẠP CHÍ KHOA HỌC ĐẠI HỌC MỞ THÀNH PHỐ HỒ CHÍ MINH
record_format Article
series Tạp chí Khoa học Đại học Mở Thành phố Hồ Chí Minh - Kinh tế và Quản trị kinh doanh
spelling doaj-art-e3c4cdf74d7a4e8799991ce14ded43ad2025-08-20T03:23:07ZvieTẠP CHÍ KHOA HỌC ĐẠI HỌC MỞ THÀNH PHỐ HỒ CHÍ MINHTạp chí Khoa học Đại học Mở Thành phố Hồ Chí Minh - Kinh tế và Quản trị kinh doanh2734-93062734-95782025-04-01205526410.46223/HCMCOUJS.econ.vi.20.5.3997.20252406Geopolitical risk and the rate of return of banks listed on the Vietnamese stock marketPhan Hồng Hải0Trần Trọng Huỳnh1Trường Đại học Công nghiệp Thành phố Hồ Chí Minh, Thành phố Hồ Chí MinhTrường Đại học FPT, Thành phố Hồ Chí MinhGeopolitical Risk (GPR) plays a crucial role in shaping the stability and efficiency of listed banks in the stock market. This study analyzes the impact of GPR on the returns of banks listed on the stock exchange in the context of emerging markets, particularly in Vietnam. The study uses monthly data from January 2010 to December 2024, encompassing 19 banks listed on the Ho Chi Minh Stock Exchange (17 banks) and the Hanoi Stock Exchange (02 banks), with a total of 1,210 observations. The regression analysis results indicate that an increase in GPR is expected to decrease bank profits due to investor withdrawals and increased financial costs. Moreover, the impact of GPR on bank returns is lower compared to the effectssof market factors. This study contributes to the research field by providing evidence of the impactsof geopolitical risk on the banking industry and suggesting effective risk management strategies for policymakers and bank managers in Vietnam.https://journalofscience.ou.edu.vn/index.php/econ-vi/article/view/3997ngân hàng niêm yếtrủi ro địa chính trịtỷ suất sinh lợi
spellingShingle Phan Hồng Hải
Trần Trọng Huỳnh
Geopolitical risk and the rate of return of banks listed on the Vietnamese stock market
Tạp chí Khoa học Đại học Mở Thành phố Hồ Chí Minh - Kinh tế và Quản trị kinh doanh
ngân hàng niêm yết
rủi ro địa chính trị
tỷ suất sinh lợi
title Geopolitical risk and the rate of return of banks listed on the Vietnamese stock market
title_full Geopolitical risk and the rate of return of banks listed on the Vietnamese stock market
title_fullStr Geopolitical risk and the rate of return of banks listed on the Vietnamese stock market
title_full_unstemmed Geopolitical risk and the rate of return of banks listed on the Vietnamese stock market
title_short Geopolitical risk and the rate of return of banks listed on the Vietnamese stock market
title_sort geopolitical risk and the rate of return of banks listed on the vietnamese stock market
topic ngân hàng niêm yết
rủi ro địa chính trị
tỷ suất sinh lợi
url https://journalofscience.ou.edu.vn/index.php/econ-vi/article/view/3997
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