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This paper examines the reaction of the Spanish continuous market to the announcement of securitisation operations by listed banks in the period 1993-2003. Results indicate the existence of positive and significant abnormal returns on the day immediately following the announcement date. The...
Persistent link: https://www.econbiz.de/10005731154
products with or without promotion, the amount spent on them and the profitability of the customers. This study analyses these …
Persistent link: https://www.econbiz.de/10005731129
, analysing the relationship between income structure and profitability. Using a sample of banks and savings banks over the period …
Persistent link: https://www.econbiz.de/10005812817
the main determinant of merger profitability. This allows to generalize the results in Salant et al (1983) and Cheung …
Persistent link: https://www.econbiz.de/10005731382
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 …
Persistent link: https://www.econbiz.de/10005212537
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 …
Persistent link: https://www.econbiz.de/10005212541
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 welfare-enhancing economic services to their citizens: a...
Persistent link: https://www.econbiz.de/10005731123
contribution to the growth of labor productivity of technical progress, of changes in efficiency, and of the accumulation of inputs …
Persistent link: https://www.econbiz.de/10005731175
This study analyzes the links between efficiency and the decentralization of competencies among Spanish local … municipalities were conferred on more competencies. In addition, the likely efficiency gains from enhanceddecentralization increase …
Persistent link: https://www.econbiz.de/10005812818
data panel and with the aim of checking on the possibility that each firm has a particular level of efficiency -captured by …
Persistent link: https://www.econbiz.de/10008550409