Delis, Manthos D.; Papanikolaou, Nikolaos I. - In: Managerial Finance 35 (2009) 3, pp. 260-275
Purpose – This paper aims to analyze bank efficiency into a number of bank‐specific, industry‐specific and macroeconomic determinants. Design/methodology/approach – The authors follow a semi‐parametric two‐stage methodology, where productive efficiency is derived via a...