Khan, Abdul Qayyum; Riaz, Khalid - In: Journal of risk and financial management : JRFM 11 (2018) 4, pp. 1-18
The objective of the study was to measure the risk-adjusted efficiency of banks in 24 emerging economies for the period … stages was used. Efficiency was measured using directional distance functions with DEA, featuring non-performing loans as … undesirable outputs. The distributions of efficiency scores were different when credit quality was taken into account. The …