Aras, Güler; Karaman, Yasemin; Hacioglu Kazak, Evrim - In: Journal of capital markets studies 4 (2020) 2, pp. 193-208
Purpose-The purpose of this study is to investigate efficiency and productivity of Turkey's both brokeragesector and … analysis (DEA) and Malmquist total factorproductivity index (MPI) are used to analyze efficiency and productivity of Turkey … to be the least. Finally, the resultsof productivity analysis indicate that all types of IIs are not fully productive …