Yin, Haiyan; Yang, Jiawen; Mehran, Jamshid - In: Managerial Finance 41 (2015) 4, pp. 368-384
Purpose – As part of the banking reform, major commercial banks in China went through initial public offerings (IPOs … performance in China. Design/methodology/approach – The authors employ a stochastic frontier approach (SFA) to measure bank … opportunity. Originality/value – This is the first study that addresses the performance of IPO banks measured with SFA in China …