of individual banks. In particular, we analyse the value relevance of bank cost efficiency and total factor productivity …This paper examines shareholder value drivers in European banking focusing on the efficiency and productivity features …

on possible causes of productivity change in banking.We demonstrate how the banking sector's service production can be … measured using aggregate financial statement and payment transactions data.We compute banking sector labour productivity … Tornqvist indices for six countries (Finland, Sweden, United Kingdom, Germany, France and Italy) over a period varying from 11 …