efficiency. Government banks are associated with lower profit efficiency. The efficiency gap between foreign banks, domestic … private banks and government banks, however, has narrowed over time. We also find that the degree of individual banks … efficiency of SEE banks is 68.59% and the average profit efficiency is 53.87%. The second-stage regressions on the determinants …

-in-difference approach, we find that banks’ financial stability has increased substantially subsequent to the institutional reforms. Further … effects of institutional reforms on bank risk are more pronounced for domestic banks than foreign banks. From the policy …

causal effects of those reforms on bank risk. Using a difference-in-difference approach, we show that banks’ financial … stability among banks mainly come from the reduction of asset risk. Banks tend to have lower ROA volatility and fewer … nonperforming loans after reforming the institutional environment. Finally, we split our sample into foreign and domestic banks and …

effects of those reforms on banks’ Tobin's Q over the period of 1997–2008. Using a difference-in-difference approach, the … stronger impact on banks’ Tobin's Q. On the other hand, banking reform and security market reform has a substitutive …

the partic-ipation of foreign banks. By 2005, the banking sectors in many transition countries had developed sufficiently … to provide a wide range of services with solid bank performance. Recently, banks have switched their focus from lending …

participation of foreign banks. By 2005, the banking sectors in many transition countries had developed sufficiently to provide a … wide range of services with solid bank performance. Recently, banks have switched their focus from lending to enterprises …

effects of those reforms on banks' Tobin's Q over the period of 1997–2008. Using a difference-in-difference approach, the … stronger impact on banks' Tobin's Q. On the other hand, banking reform and security market reform has a substitutive …

participation of foreign banks. By 2005, the banking sectors in many transition countries had developed sufficiently to provide a … wide range of services with solid bank performance. Recently, banks have switched their focus from lending to enterprises …

-in-difference approach, we find that banks' financial stability has increased substantially subsequent to the institutional reforms. Further … effects of institutional reforms on bank risk are more pronounced for domestic banks than foreign banks. From the policy …

efficiency. Government banks are associated with lower profit efficiency. The efficiency gap between foreign banks, domestic … private banks and government banks, however, has narrowed over time. We also find that the degree of individual banks … efficiency of SEE banks is 68.59% and the average profit efficiency is 53.87%. The second-stage regressions on the determinants …