This study examines the link between bank restructuring and bank efficiency in Vietnamese banks employing the Data … efficiency. Besides, we find that bank efficiency declines during bank restructuring period because of not only transition cost …

are regulated, including the need to obtain a charter to operate and explicit and implicit federal guarantees of bank … liabilities to reduce the probability of bank runs. These aspects of banking affect a bankś choice of risk vs. expected return …, which, in turn, affects bank performance. Banks have an incentive to reduce risk to protect the valuable charter from …