efficiency of commercial banks. Risk that leads to an undesirable output, and which is viewed as originating due to exogenous and …-making unit under efficiency evaluation. Thus, this non-discretionary DEA variable is both internal and external. The four …-stage DEA is performed to measure risk efficiency and multiplicatively decompose it into exogenous and endogenous risk …

the inter-temporal relationships among bank efficiency, capital and bank risk-taking in the EU-26 commercial banking …, our paper provides evidence that higher performance (enhanced efficiency) has been not related to higher managerial skills …