Hsiao, Hsing-Chin; Chang, Hsihui; Cianci, Anna M.; … - In: Journal of Banking & Finance 34 (2010) 7, pp. 1461-1471
This paper investigates the effect of the "First Financial Restructuring" (FFR) on the operating efficiency of commercial banks in Taiwan. Applying data envelopment analysis (DEA) to operations data for 40 commercial banks over the 6-year period 2000-2005, we find that while the banks have lower...