Recent advances in panel data econometrics are used to investigate the determinants of profitability for manufacturing and service sector firms in Belgium, France, Italy and the UK, for the period 1993-2001. The paper synthesizes empirical models that have been used by researchers in industrial...

Today US credit unions operate within a highly competitive financial market place. Set against this competitive operating environment, the present study employs stochastic frontier analysis to evaluate the performance of large credit unions (assets greater than $50 million) over the period 1993...

This paper uses spectral analysis to examine interrelationships between the daily returns generated by one US (S&P 500) and three major European (FTSE 100, DAX 30, CAC 40) share price indices. Evidence is found of strong interdependence between the European returns series, as well as a lead-lag...

This article investigates the profitability of Japanese banks following the major financial crisis that affected the country's economy in the mid-1990s. Further, it examines the determinants of bank profitability for a sample of banks with different ownership structures (City, Trust, Regional,...