THE IMPACT OF SOCIAL AND HUMAN CAPITAL ON THE PERFORMANCE OF THE BANKING INDUSTRY IN ASEAN COUNTRIES
Keywords:
Human Capital, Social Capital, Firm Performance, Banking InstitutionsAbstract
The purpose of the current article is to analyze the influence of the social as well as human capital on the performance of banking industry in the ASEAN countries around the globe. The data were extracted from the individual banks database and their state bank database and World Bank database. The STATA was employed to run the generalized movement method estimator and other analysis of the data. The findings uphold that the human as well as social capital has positive nexus with the performance of banking institutions of the ASEAN countries. These findings also guided to the regulation implementation and development authorities that they must enhance the ability of social and human capital on the performance of the banking and other firms in the country.
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