In this paper, we investigate the claim that German banks are special compared to banks in other industrialised … economies. We show that banks are of particular importance to the German economy?as financial intermediary, as lender to the … corporate sector, and as part of the corporate governance system. Further, German banks are supervised by two supervisory …

estimate CE and PE of German banks between 1993 and 2003. Our main findings are threefold. First, after accounting for … systematic differences across banks, mean CE is sensitive to alternative input prices. Second, distortions of mean PE due to … traditional input prices are small. Third, across CE models small cooperative banks located in large western states are identified …

We analyze the stability of efficiency rankings of German universal banks between 1993 and 2004. First, we estimate …

banks and analyze whether efficiency measures yield consistent results according to five criteria between 1993 and 2004 …. Furthermore, our results show that accounting for systematic differences among commercial, cooperative and savings banks is …

Banks continue to differ in many ways, for instance with respect to business models, growth strategies, or financial … multiple technology regimes and group membership probabilities. The latter are conditioned on six bank traits of German banks … and we identify four signifficantly different technology regimes. Only small, retail focused banks exhibit cost …

compensation spurred average turnover rates driven by CEOs at poorly performing banks. Other than that, banks' responses to raise … fixed compensation sufficed to retain the vast majority of non-CEO executives and those at well performing banks. We fail to … find evidence that banks with executives that are more affected by the bonus cap became less risky. In fact, numerous …

Based on detailed regulatory intervention data among German banks during 1994-2008, we test if supervisory measures … and its duration while weak measures are insignificant. With the benefit of hindsight, we exclude banks that eventually …

We analyze the stability of efficiency rankings of German universal banks between 1993 and 2004. First, we estimate …

estimate CE and PE of German banks between 1993 and 2003. Our main findings are threefold. First, after accounting for … systematic differences across banks, mean CE is sensitive to alternative input prices. Second, distortions of mean PE due to … traditional input prices are small. Third, across CE models small cooperative banks located in large western states are identified …

banks and analyze whether efficiency measures yield consistent results according to five criteria between 1993 and 2004 …. Furthermore, our results show that accounting for systematic differences among commercial, cooperative and savings banks is …