Adeabah, David; Andoh, Charles - In: International Journal of Managerial Finance 16 (2019) 5, pp. 549-574
banks) and cost efficiency using data covering the period 2009 to 2017 from the Ghanaian banking industry. The study adopts …. The results indicate a positive relationship between banks’ welfare performance and cost efficiency, which suggests that … greater cost efficiency hedges welfare losses. In other words, welfare gains and cost-efficient banks are not mutually …