This paper explores the extent of efficiency improvements achieved by New Zealand banks over the period 1996 to 2002, using data envelopment analysis (DEA), on a time-series, rather than cross-sectional basis. Evidence is found for improvements in bank efficiency through time, some of which can...

It is argued that markets are competitive when consumers have a significant range of options, including with respect to price. Therefore the New Zealand credit card market might be considered competitive, although there is a high degree of similarity in banks' offerings.Previous United States...

This paper investigates the effects of healthcare expenditure on bank deposits in a cross-country analysis. We use government healthcare expenditure, and government and compulsory contribution on the healthcare system as a proxy for healthcare development. The results show a positive...

We argue that in the short history of New Zealand banking, political experimentation, based at first upon socialist ideology of the 1940's led to the nationalisation of The Bank of New Zealand (BNZ), followed by a period of neo-liberalism in the 1980's and early 1990's in which the bank was...

Building on Romano's recent analysis of the United States securities regulatory regime, we model competition between professional auditing associations. We show that such competition is an effective substitute for government regulation, providing an efficient means for auditors to signal their...

Building on Romano's analysis of the U.S. securities regulatory regime, we model competition between professional auditing associations. We show that such competition is an effective substitute for government regulation, providing an efficient means for auditors to signal their service quality....

This study investigates the impact of IFRS on income smoothing activities through loan lossprovisions of Australia and New Zealand banks for the period of 1995-2009. Prior to IFRSimplementation, bank loans provisioning is subject to managerial manipulation, possibly dueto the weakness in GAAP...