Aras, Güler; Karaman, Yasemin; Hacioglu Kazak, Evrim - In: Journal of capital markets studies 4 (2020) 2, pp. 193-208
Purpose-The purpose of this study is to investigate efficiency and productivity of Turkey's both brokeragesector and intermediary institutions (IIs) that have been active in Turkish capital markets.Design/methodology/approach-Data envelopment analysis (DEA) and Malmquist total factorproductivity...