Research on productive efficiency at the firm level has developed as an important and active strand of research the last decades, both within operations research, management science and economics. However, the interests pursued within the fields have had some differences regarding sound...

The study concentrates on the comparison of hedge fund efficiency measured by maximum drawdown measures with traditional risk/return ratios. The examined period is from 1990 to 2011 and the data were provided by Hedge Fund Research. It is a continuation of the research done for a shorter period,...

The study concentrates on the comparison of hedge fund efficiency measured by maximum drawdown measures with traditional risk/return ratios. The examined period is from 1990 to 2011 and the data were provided by Hedge Fund Research. It is a continuation of the research done for a shorter period,...

In the Indian context, we have seen unfolding of a slew of financial sector reform measures since the early 1990s. Various norms and guidelines are strictly followed to improve the miserable condition of the Indian banking sector. An important objective of these measures is to increase the...

In this paper, we use recent robust non-parametric techniques in the European retail sector. By means of a database of firms in the European retail sector (four-digit NACE 5211) in five European countries over the period 1998–2006, we apply data envelopment analysis and compare the analysis...