Literature shows that privatized firms generally gain financially, and privatization leads to production efficiency gains since performance outcomes are largely conditioned by externalities like ownership. Our approach linking privatization to welfare gain measures reveals three interesting...

This article focuses on the short- and long-term assets and liabilities gap and the determinants of net interest/profit margins of both conventional banks and Islamic banks in the Organization of Islamic Cooperation countries over the period from 1997 to 2010. The results show that both...

Purpose – This paper aims to examine the productivity and spillover effect of Malaysian horizontal merger and acquisition (M&A) activities in the long run. Design/methodology/approach – In terms of analytical tools, economic value added (EVA) and data envelopment analysis (DEA) are used....