This paper examines the impacts of corporate governance on the efficiency of ASEAN banks from 2007 to 2014. The bank efficiency levels are estimated using the SFA model of Kumbhakar et al. (J Prod Anal 41:321–37, https://doi.org/10.1007/s11123-012-0303-1, 2014). The impacts of various corporate governance aspects on bank efficiency are assessed using the Dynamic system GMM model. The results indicate that government-owned banks are more cost-efficient, but not more profit efficient than both foreign and private banks. Banks with larger boards are more cost-efficient in both the long term and short term, but only more profit efficient in the short term. In addition, foreign ownership, board independence, and CEO duality show no significant impact on bank efficiency levels.

本文研究了2007年至2014年公司治理对东盟银行效率的影响。使用Kumbhakar等人的SFA模型估算银行效率水平。（J Prod Anal 41：321–37，https://doi.org/10.1007/s11123-012-0303-1，2014）。使用动态系统GMM模型评估了公司治理各个方面对银行效率的影响。结果表明，国有银行比外资银行和私人银行更具成本效益，但利润效率却不高。董事会规模较大的银行，从长期和短期来看，其成本效益更高，但从短期来看，只有更高的利润效率。此外，外资所有权，董事会独立性和首席执行官的双重性对银行效率水平没有显着影响。