between diversification and efficiency. We focus on banks operating in the accession countries over the period 2001-2007 and … banks suffer from relatively high cost and profit inefficiencies and that there are noticeable differences in the efficiency …

diversification strategies. Results suggest that cost efficiency and economies of scale have decreased significantly over the period …

of efficiency. In the empirical analysis we revisit the traditional Structure–Conduct–Performance paradigm and we … on interest rate margins. In contrast, we produce evidence suggesting that greater efficiency and competitive markets …