created as a collaboration between Santander Bank and the University of Cantabria. SANFI works to identify, develop, support …

the empirical relation between efficiency and profitability in five large economies of the European Union during the … period 1998-2005 and discusses the results from the perspective of corporate bank strategy. Methodologically the existing … literature is expanded by the use of DEA super-efficiency values to regress profitability, the incorporation of risk by …

inflation does not significantly affect bank profitability over both the short- and long-term. … controlling for bank specific and macroeconomic determinants of bank profitability. Bank profitability is proxied by return on … significant negative effect on bank profitability only in the long run. Generally, the explanatory variables used in the study …

firm age and the inflation rate have a negative but statistically insignificant effect on the profitability of banks in … firm-specific and macroeconomic determinants of profitability of commercial banks in Ethiopia. The empirical analysis is …, leverage and real GDP growth rate have a positive and statistically significant effect on the profitability of banks, while …

the study is to examine the causality between exchange rate, trade, inflation, FDI and GDP through a series of models. On … rate and inflation, but there exists long-run equilibrium relationship between exchange rate and trade. There is also long …

argue that inflation targeting with floating rates is better suited than hard pegs to manage the price level catching …-up process. We suggest a modification in the Maastricht inflation criterion which as currently defined has lost its economic …

have a positive influence on the profitability of firms. This study examines the effect of product diversification on the … profitability of 25 German food industry sectors from 1977 to 1994. The analysis reveals a positive effect of diversification on the … profitability of industries. …

it can be argued that product innovation raises barriers to entry and thus improve profitability. This study examines the … effect of functional food innovative activity (compared to overall innovative activity) on the profitability of 23 German …, advertising expenditure and capital intensity. While a positive relationship between product introduction and profitability was …

on the effects of the patent stock on profitability. The data base is a representative sample of German manufacturing … patent stock has a strong and robust effect on profitability. …

leakage of knowledge in an industry will negatively affect profitability. This paper presents the results of an empirical … study on the effects of outgoing and incoming spillovers on firms? profitability. It turns out that the expected asymmetry …