the efficiency and credit risk. The first of this aspects is based on the incentive to the banks to reduce cost in order … analyzed the effects of competition on the efficiency of banking systems without considering these aspects. The few studies … that attempt to obtainrisk adjusted efficiency measures do not consider that part of the risk is due to exogenous …

The objective of this study is to analyze the macroeconomic performance of 16 Ibero- American countries over the period … 1980- 199 1. Macroeconomic performance is defined as the ability of a country's macroeconomic managers to provide four … performance frontier, against which to measure the relative performance of each country in each year relative to al1 countries in …

determining factors of such efficiency, in terms of verticalintegration, market concentration, size and performance. The … decreasing returns to scale; and, on the other hand, that size and performance are the determining factors of scale efficiency …The aim of this paper is to analyse the efficiency of the travel agencies operatingin Spain, and to examine the …

Hypothesis testing and statistical precision in the context of nonparametric efficiency and productivity measurement … noticeable in the case of banking efficiency studies, where the literature is immense. In this paper, we explore productivity … growth and productive efficiency for Spanish savings banks over the (initial) post-deregulation period 1992?1998 using Data …

performance in the first stage, and regression quantiles to isolate the determinants of efficiency in the second stage. Our …While it has long been recognized that active management is an important issue in the area of mutual fund performance … manager characteristics in order to understand their influence on the efficiency achieved for a sample of Spanish mutual funds …

The aim of this study is to examine the determining factors of a firm's performance, as a direct consequence of its …

strategic alliances and business performance by considering the knowledge-based distinctive competencies that the alliance is … contradictory results that emerge from the direct effect of strategic alliances on economic performance. The study uses a sample of … performance is mediated by the generation of knowledge-based distinctive competencies; and that the contribution of the …

high- tech new ventures by performance. A Factorial Analysis coupled with a Discriminate Analysis are the statistical tools …

Traditional efficiency measures neglect bank risk and, even when risk is accounted for, do not differentiate between … environment (¿external¿). This paper proposes a new sequential DEA procedure which decomposes a major indicator of bank risk … affected banks¿ conduct in terms of efficiency and risk. Las medidas tradicionales de eficiencia no consideran el riesgo y …