This paper evaluates the efficiency of the twenty-one largest Syndicates of Lloyd's of London. Members of Lloyd's of … 2004 and 2011. Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) are used to estimate the efficiency …, that the average annual efficiency estimates for all Syndicates are plausible and they follow three-year cycles. Secondly …

achieving risk-return efficiency. We first estimate the expected returns, risks, and financial distress risk proxy (the inverse … z-score), then apply the stochastic frontier analysis (SFA) to obtain the risk-return efficiency score for each bank …, and finally conduct ordered logit regressions of bank ratings on estimated risks, risk-return efficiency, and the inverse …

under which globalization factors foster technology efficiency. In this paper, we extend the MSS model by combining panel … technical efficiency has monotonically decreased for low income countries, supporting the so-called club convergence hypothesis … improve production technology and efficiency position relative to the frontier only after the country has reached a certain …

significant supervisory and regulatory reforms affecting banks efficiency performance. We offer new insights investigating overall … that persistent efficiency seems to be more important for both specifications, as it accounts for 32\% (for the production …

achieving risk-return efficiency. We first estimate the expected returns, risks, and financial distress risk proxy (the inverse … z-score), then apply the stochastic frontier analysis (SFA) to obtain the risk-return efficiency score for each bank …, and finally conduct ordered logit regressions of bank ratings on estimated risks, risk-return efficiency, and the inverse …

(in)efficiency do not correlate highly with observedmanagement. We also find that management affects output both directly …In this paper we account for observed management practice in the estimation of aproduction function. In our model … management practice is observable and we allow it toaffect output directly (neutral shift) and indirectly by affecting input …

gegenüber der Gesellschaft nachkommen. Die Beiträge in dem Band "Qualitätssicherung in Hochschulen. Forschung, Lehre, Management …