Abuzayed, Bana; Molyneux, Philip; Al‐Fayoumi, Nedal - In: Managerial Finance 35 (2009) 2, pp. 156-179
banks' market and book values, and also considers if bank efficiency is “value relevant” for banks valuation. Design … using a variety of indicators including net income and its components as well as bank efficiency (derived using DEA) and … explaining bank value. Furthermore, bank operational efficiency adds incremental information in explaining the gap between market …
