function with a timevariable stochastic efficiency term we show that positive scale and scope effects from a merger arise only … taken over by others are less efficient than the average bank in the same size class, but exhibit on average the same … efficiency as the acquiring firms. For the post-merger phase, our empirical results provide no evidence for efficiency gains from …

This paper investigates the size-efficiency relation of European cooperative banks during the 2006-2015 period. We … cooperative banks from 12 European countries. This work extends the existing literature by focusing on shape of size-efficiency … European cooperative banks are significantly more cost efficient than their bigger peers and that the size-efficiency relation …

evidence on the existence of different bank technologies in international banking with different response schedules to external …. Using bank level structural variables we determine four different profit and cost banking technologies in the data. Further … analysis indicates heterogeneity not only among the level of profit and cost efficiency, but also regarding the response of …

technical efficiency in the software intensive manufacturing firms in Turkey for the period 2003-2007. Firms are classified …This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component … differentials in their firm efficiency. The results show that the effect of software investment on firm efficiency is larger in high …

technical efficiency in the software intensive manufacturing firms in Turkey for the period 2003-2007. Firms are classified …This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component … differentials in their firm efficiency. The results show that the effect of software investment on firm efficiency is larger in high …

technical efficiency in the software intensive manufacturing firms in Turkey for the period 2003-2007. Firms are classified …This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component … differentials in their firm efficiency. The results show that the effect of software investment on firm efficiency is larger in high …

different risk preferences and measure efficiency with a structural model based on utility maximization. Using the almost ideal … demand system, we estimate input and profit demand functions to obtain proxies for expected return and risk. Efficiency is … then measured in this risk-return space. Mean risk-return efficiency is somewhat higher than cost and considerably higher …