Chang, C. Edward; Hasan, Iftekhar; Hunter, William - In: Applied Financial Economics 8 (1998) 6, pp. 689-696
This paper conducts a comparative analysis of the productive efficiency of foreign-owned and US-owned multinational commercial banks operating in the US. A multiproduct translog stochastic-cost frontier model approach is used to estimate cost inefficiency scores. Ordinary Least Squares and Tobit...