function with a timevariable stochastic efficiency term we show that positive scale and scope effects from a merger arise only … efficiency as the acquiring firms. For the post-merger phase, our empirical results provide no evidence for efficiency gains from …

An ongoing debate in the literature on efficiency of higher education institutions concerns the indicator for research …. We show that there is a high correlation of efficiency values between the estimations using these indicators; however …

This paper investigates the size-efficiency relation of European cooperative banks during the 2006-2015 period. We … cooperative banks from 12 European countries. This work extends the existing literature by focusing on shape of size-efficiency … European cooperative banks are significantly more cost efficient than their bigger peers and that the size-efficiency relation …

absence of efficiency enhancing market pressure. To what extent universities are able to eliminate inefficiency is a question … inefficiency hinder the institutions to achieve full efficiency - at least in the short run. Two standard and one novel … efficiency evaluation changes when both aspects are taken into account. It is the first time that the idea of persistent …