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Thirty years ago, in 1986, a collective agreement in Bank Leumi dealt with ending the work of perforators in an Israeli bank due to new technologies. The phenomenon of replacement of labor by technology in general, in the bank sector in particular, is not new. Nonetheless, new technologies such...
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"Industrial Relations in Singapore -- Practice and Perspective is a comprehensive account of the key developments in industrial relations in Singapore over the last five decades. It offers a holistic, one-stop information depository of relevant industrial relations frameworks, institutions,...
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Most bank efficiency studies that use stochastic frontier analysis (SFA) employ each bank's own implicit input price when estimating efficient frontiers. But the theoretical foundation of most studies is a cost minimisation and/ or profit maximisation problem assuming perfect input markets. At...
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German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous matter of debate. In this paper we suggest a taxonomy as how to evaluate post-merger performance on the basis of cost efficiency (CE). We categorise mergers a success that...
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directions since then: Italy privatized its publicly-owned banks while Germany has maintained a large share of state …
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