The current financial crisis hit the banking giants of the world really hard. It is striking to note that some of the large Chinese commercial banks have emerged to be the biggest winners as a result of the crisis thanks to reforms over the last 10 years. The most significant reform before the...

The Chinese insurance industry has experienced rapid development during the past decade. This original book is the first English language study in the literature to address the efficiency issue of the Chinese insurance sector, and presents a comprehensive review on alternative methodologies for...

The vast majority of the efficiency and productivity measurement literature has been based on the static viewpoint of the firm. Few studies have developed the dynamic analog of static efficiency measurement, introducing the notions of long-run efficiency and inefficiency persistence. However,...