Radić, Nemanja - In: Journal of Banking & Finance 52 (2015) C, pp. 199-207
This paper advances the study of Fiordelisi and Molyneux (2010) by examining the shareholder value efficiency and its … of various bank-risk, bank-specific, and macroeconomic variables. This study finds that cost efficiency gains, credit … efficiency changes are also found to significantly influence cost of equity capital. …