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 … were interesting and showed that the results of complex efficiency measures aren’t much different from traditional measures …

liabilities to reduce the probability of bank runs. These aspects of banking affect a bankś choice of risk vs. expected return …, which, in turn, affects bank performance. Banks have an incentive to reduce risk to protect the valuable charter from …The unique capital structure of commercial banking - funding production with demandable debt that participates in the …

financial intermediation and the supremacy of banks' efficiency. This study examines the concurrent effects of bank risk … intermediation, bank risk, and efficiency and validated the nonlinear relationship considering size and market competition effect. … risk-taking negatively affects the return. Cost-efficient banks are taking more credit risk; however, more efficiency gains …