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Measuring the performance of banks : theory, practice, evidence, and some policy implications

Hughes, Joseph P.; Mester, Loretta J. - 2013

The unique capital structure of commercial banking - funding production with demandable debt that participates in the … economyś payments system - affects various aspects of banking. It shapes banks ́comparative advantage in providing financial … liabilities to reduce the probability of bank runs. These aspects of banking affect a bankś choice of risk vs. expected return …

Persistent link: https://www.econbiz.de/10009774419

Measuring the performance of banks : theory, practice, evidence, and some policy implications

Hughes, Joseph P.; Mester, Loretta J. - 2013

Persistent link: https://www.econbiz.de/10010198149

Is bigger necessarily better in community banking?

Hughes, Joseph P.; Jagtiani, Julapa; Mester, Loretta J. - 2016

Persistent link: https://www.econbiz.de/10011549644

Is bigger necessarily better in community banking?

Hughes, Joseph P.; Jagtiani, Julapa; Mester, Loretta J. - 2016

We investigate the relative performance of publicly traded community banks (those with assets less than $10 billion) versus larger banks (those with assets between $10 billion and $50 billion). A body of research has shown that community banks have potential advantages in relationship lending...

Persistent link: https://www.econbiz.de/10011490907

Measuring agency costs and the value of investment opportunities of U.S. bank holding companies with stochastic frontier estimation

Hughes, Joseph P.; Mester, Loretta J.; Moon, Choon-geol - 2016

By eliminating the influence of statistical noise, stochastic frontier techniques permit the estimation of the best-practice value of a firmś investment opportunities and the magnitude of a firmś systematic failure to achieve its best-practice market value - a gauge of the magnitude of agency...

Persistent link: https://www.econbiz.de/10011490908