Managerial Behavior and Cost/profit Efficiency in the Banking Sectors of Central and Eastern European Countries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Managerial Behavior and Cost/profit Efficiency in the Banking Sectors of Central and Eastern European Countries write by Stefania P. S. Rossi. This book was released on 2005. Managerial Behavior and Cost/profit Efficiency in the Banking Sectors of Central and Eastern European Countries available in PDF, EPUB and Kindle.
Managerial Behavior and Cost/profit Efficiency in Banking Sector of Central and Eastern European Countries
Managerial Behavior and Cost/profit Efficiency in Banking Sector of Central and Eastern European Countries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Managerial Behavior and Cost/profit Efficiency in Banking Sector of Central and Eastern European Countries write by Stefania P. S. Rossi. This book was released on 2005. Managerial Behavior and Cost/profit Efficiency in Banking Sector of Central and Eastern European Countries available in PDF, EPUB and Kindle.
Managerial Behavior and Cost/profit Effiency in the Banking Sectors of Central and Eastern European Countries
Managerial Behavior and Cost/profit Effiency in the Banking Sectors of Central and Eastern European Countries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Managerial Behavior and Cost/profit Effiency in the Banking Sectors of Central and Eastern European Countries write by S. P. R. Rossi. This book was released on 2005. Managerial Behavior and Cost/profit Effiency in the Banking Sectors of Central and Eastern European Countries available in PDF, EPUB and Kindle.
Efficiency of Banks
Efficiency of Banks - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Efficiency of Banks write by H. Semih Yildirim. This book was released on 2007. Efficiency of Banks available in PDF, EPUB and Kindle. This study examines the cost and profit efficiency of banking sectors in twelve transition economies of Central and Eastern Europe (CEE) over the period 1993-2000, using the stochastic frontier approach (SFA) and the distribution free approach (DFA). The paper follows a two-step approach: First, the efficiency estimates are obtained by employing a multi-product translog cost function. Then these estimates are regressed on a set of determinants. The managerial inefficiencies in CEE banking markets were found to be significant, with average cost efficiency level for 12 countries 72 and 76 percent by DFA and SFA. The alternative profit efficiency levels are found to be significantly lower relative to cost efficiency. According to SFA, approximately one-third of banks' profits are lost to inefficiency, and almost one-half according to the DFA. The higher efficiency levels are associated with larger size, higher profitability and equity. The level of competition and GDP growth are found to increase efficiency while market concentration is negatively linked to efficiency. Finally, foreign banks are found to be more cost efficient but less profit efficient relative to domestically owned private banks and state-owned banks.
Investigating Diversity in the Banking Sector in Europe
Investigating Diversity in the Banking Sector in Europe - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Investigating Diversity in the Banking Sector in Europe write by Rym Ayadi. This book was released on 2010. Investigating Diversity in the Banking Sector in Europe available in PDF, EPUB and Kindle. A midst stormy waters, financial systems develop and evolve. New institutional forms and instruments are invented and put into use. Some of them turn out to be successful while others disappear: a natural process of creative and dynamic competition argues for diversity. Diversity offers an optimal environment in which new ideas can come to life, existing ideas can evolve and old ideas make a comeback. In the aftermath of the financial crisis, the foundations of several decades of modern and innovative financial systems have suffered serious damage. This has triggered massive state interventions and has led authorities to revamp the regulatory structures and frameworks. While many voices have called for a return to more traditional approaches to banking and finance, no one has argued the merits of diversity. This book investigates the merits of a diverse banking system with a special focus on the performance and role of cooperative banks in seven European countries where they are prominent (Austria, Finland, France, Germany, Italy, the Netherlands and Spain). The theoretical and empirical arguments that are developed in this book tend to support the view that it is economically beneficial to have stakeholder-value banks with a dual bottom-line function, such as cooperative banks. For those who accept this premise, it would suggest that policy-makers should not take or support actions that could jeopardise this valuable element of the financial system in various countries in Europe and of the emerging integrated European financial system. Book jacket.
