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The study sought to investigate the impact of globalization on the quality of products in a developing economy banking sector. The objectives of the research were to ascertain whether globalisation helps restore or maintain confidence in the banking sector; ensure a sound financial sector; helps...
Persistent link: https://www.econbiz.de/10008853341
criteria: (i) profitability; (ii) risk; (iii) market power, and (iv) efficiency. We use this scorecard to compare the …
Persistent link: https://www.econbiz.de/10010562428
In this study we analyse the issue of mean reversion in forward discount based on nonlinear framework for seven currencies. Compared to previous study, we apply a novel approach of a threshold regression (TAR) and followed by nonlinear unit root tests. This approach disentangles tbodhe issue of...
Persistent link: https://www.econbiz.de/10011265552
This study evaluates the performance of international securities markets by analysing the efficiency, economies of … stock markets. At the heart of this study is an international comparison that explores productivity, efficiency, and … innovation of a wide range of stock exchanges over recent years. There is evidence of considerable variability in the efficiency …
Persistent link: https://www.econbiz.de/10008774216
This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component … technical efficiency in the software intensive manufacturing firms in Turkey for the period 2003-2007. Firms are classified … differentials in their firm efficiency. The results show that the effect of software investment on firm efficiency is larger in high …
Persistent link: https://www.econbiz.de/10011307465
We examine vertical backward integration in a reducedform model of successive oligopolies. Our key findings are: (i) There may be asymmetric equilibria where some firms integrate and others remain separated, even if firms are symmetric initially; (ii) Efficient firms are more likely to integrate...
Persistent link: https://www.econbiz.de/10010315532
the EU that offer superior efficiency than the current, inefficient arrangement. Some policy advice is given to select the …
Persistent link: https://www.econbiz.de/10010316089
implemented - along the lines of three efficiency concepts. By structuring the main factors that influence these concepts and by … systems, denoted as 'contestable monopolies', demonstrates a superior overall efficiency while it might be the most sensitive …
Persistent link: https://www.econbiz.de/10010316268
productivity growth than other firms. Moreover, automation improves the efficiency of all stages of the production process by … reducing setup time, run time, and inspection time and increasing uptime and quantity produced per worker. The efficiency …
Persistent link: https://www.econbiz.de/10012142380
We analyze R&D collaboration networks in industries where firms are competitors in the product market. Firms' benefits from collaborations arise by sharing knowledge about a cost-reducing technology. By forming collaborations, however, firms also change their own competitive position in the...
Persistent link: https://www.econbiz.de/10011429537