Purpose-The purpose of this study is to investigate efficiency and productivity of Turkey's both brokeragesector and … analysis (DEA) and Malmquist total factorproductivity index (MPI) are used to analyze efficiency and productivity of Turkey … intermediary institutions (IIs) that have been active in Turkish capital markets.Design/methodology/approach-Data envelopment …

Numerous bank productivity studies indicate rapid changes in the structure of the financial services industry and … background of two concepts of performance evaluation – the terms efficiency and productivity, and empirically, the performance … financial institutions. The measurement of bank productivity is of vital importance from both a microeconomic and a …