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 …

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 …

financial intermediation and the supremacy of banks' efficiency. This study examines the concurrent effects of bank risk …, efficiency and cost of financial intermediation of Bangladeshi commercial banks. The Two-Step System GMM (2GMM) estimators of …-level, industry-level, and macroeconomic-level phenomenon. Efficiency gains cost the spread of banks' financial intermediation, and …

by the greater efficiency of banks which enlarge their market share by reducing prices (X-Efficiency Hypothesis, ESX). We …) for the Italian market. First we estimate the cost efficiency for a sample of more than 200 banks by applying the … Stochastic Frontier Analysis (SFA). In the second step we regress bank spreads on efficiency scores and market structure …