Adeabah, David; Andoh, Charles - In: International Journal of Managerial Finance 16 (2019) 5, pp. 549-574
The study examines the relationship between the consequential social cost of market power (i.e., welfare performance of …. The results indicate a positive relationship between banks’ welfare performance and cost efficiency, which suggests that … conditional distribution of bank welfare performance rather than just the conditional mean effect of cost efficiency. …