Mohammad Nourani; Kweh, Qian Long; Lu, Wen-Min; Gurrib, … - In: Financial innovation : FIN 8 (2022), pp. 1-26
This study examines the efficiency of investment trust companies (ITCs) from 2011 to 2020 using a meta-frontier two-stage network data envelopment analysis (DEA) based on the directional distance function (DDF). We improved the accuracy of the efficiency measurement and added a network-based...