This paper examines the relationship between the regulatory and supervision framework and the productivity of banks in 22 countries over the period 1999-2006. We follow a semi-parametric two-step approach that combines Malmquist index estimates with bootstrap regressions. The results indicate...

This paper examines the relationship between the regulatory and supervision framework, and the productivity of banks in 22 countries over the period 1999ndash;2009. We follow a semiparametric two-step approach that combines Malmquist index estimates with bootstrap regressions. The results...

This paper examines the relationship between bank efficiency change and stock price returns. We first estimate the cost and profit efficiency of a sample of Asian and Latin American listed banks over the period 2000-2006 while controlling for cross-country differences such as regulations and the...