In recent years, a growing interest among authorities has emerged to verify which paradigm better explains the profit-structure relationship in the Mexican banking industry: market power or efficiency. To test these two paradigms, this work constructs specific indicators of cost efficiency based...

This paper investigates the effect of the size and composition of the board of directors of Shinkin Banks on their efficiency and risk taking. Because employees are important stakeholders in Japanese firms, we define the relative size of the board of directors as the number of directors per...

This paper analyses the cost and profit efficiency of Italian co-operative banks. These small financial institutions have homogeneous business model and their performance is strongly influenced by the economic conditions of their local markets. As recognised by various recent studies (Bos et...

This analysis introduces a theoretical framework for assessing the empirical discussion of asymmetric information amongst mortgage lenders and adds the idea of lender competition into this framework. Despite this addition, the results are generally consistent with existing empirical findings...

This study investigates the main determinants of Italian banks' cost efficiency over the period 1993-1996, by employing a Fourier-flexible stochastic cost frontier in order to measure X-efficiencies and economies of scale. Quality and riskiness of bank outputs are explicitly accounted for in the...

Consolidation in the global banking industry has resulted in the emergence of financial conglomerates that conduct an extensive range of businesses with a group structure. To date, few studies have investigated the performance features of such groups. This study aims to extend the literature by...

Objective – The purpose of this study was to investigate the influence of gender, subsidies, and financial capital on microfinance institutions performance. Methodology/Technique – Multiple linear regressions were used to analyze data. The type of data which used is secondary data from...

T his paper consists in measuring the performance of some banks in Tunisia during the year 2004. This purpose we used the Data Envelopment Analysis (DEA) method under a linear programming using GAMS software. Within this analysis, we presented two banking approaches: intermediate and productive;...

This paper contributes to the development of a global view of the landscape of state-owned enterprises (SOEs). It focuses on three specific questions: the size of the SOE sector in national economies as measured by its share in output or employment; the economic sectors in which the role of SOEs...

We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete in a differentiated loan market, hold reserves against liquidity shocks, and refinance in the interbank market. A merger creates an internal money market that induces financial...