What the study findings say is that there are identified input/output and profile variables that are significantly different between the Morningstar 500's (1999) large-cap mutual funds that are DEA performance efficient and inefficient. The Sharpe Index represents the DEA output variable. That...

This study analyzed a 1988 matched sample data of 176 foreign and domestic-owned U.S. banks that have domestic only offices. This was done to test whether the balance sheet strategies of foreign-owned U.S. banks in domestic markets differ from those of domestic owned banks. The primary impetus...

The overall evidence indicates that small-cap mutual funds with largest total assets are the most managerially efficient, as defined by DEA. And, this efficiency comes with conservative portfolio investment style attributes consistent with a strong value style of investing

The purposes of this study are to identify the nature and profitability of the foreign and domestic matched balance sheet strategies of U.S. banks, to identify the incidence and performance implications of individual bank strategy changes or lack of changes over time, and to identify the...

Data Envelopment Analysis (DEA) was used to analyze the input/output efficiency of large U.S. banks in 1987 and 1992. The former was the year that banks belatedly began to acknowledge financially the increasingly severe problems from loans to less-developed countries, especially in Latin...

This study uses a pooled matched-sample for the years 1977 and 1987 to examine the strategic adaptability of motor carriers, in the post-deregulation environment in the context of financial mobility. This concept, first delineated by Donaldson, refers to the strategic inventorying of financial...

With respect to its small-cap funds, the Morningstar category rating is preferred to the Morningstar star rating with respect to the preponderance of its associations with both the Jensen Alpha and Sharpe Index. But, neither captures the entirety of the Sharpe Index and, especially, the Jensen...

What the study findings say is that there are identified input/output and profile variables that are significantly different between the Morningstar 500 [1999] large-cap mutual funds that are DEA performance-efficient and inefficient. The Sharpe index represents the DEA output variable.That is,...