more efficient governance structures have higher profitability. To determine efficiency we compare firms with respect to … regressions of profitability. Our main finding is that the efficiency scores indeed contribute significantly to explaining …. Based on the concept of pareto efficiency, it computes an efficiency score where the associated weights of the inputs and …

This Working Paper gives insights into the concepts of productivity and efficiency. Both conceptsare popular measures … and outlines key areas of interest inthis context, such as efficiency measures, components of efficiency and the … measuring productivity and efficiency in a non-technical manner. Variousparametric as well as non parametric approaches are …

In this paper operational risk are considered from a purely business or profitability point of view. We show for … quantifiable operational risk that the three basic figures for profitability management - value, costs and risks - can be modelled … such that an integrative point of view on profitability on the value chain is possible. We then specify the general dynamic …