Staikouras, Christos, Mamatzakis, Emmanuel and Koutsomanoli-Filippakia, Anastasia (2008) Cost efficiency of the banking industry in the South Eastern European region. Journal of International Financial Markets, Institutions and Money, 18 (5). pp. 483-497. ISSN 1042-4431
Full text not available from this repository.Abstract
This paper analyses cost efficiency in the banking sector of six South Eastern European countries over the period 1998-2003. A stochastic frontier approach, incorporating firm-specific and country-related variables, indicates a generally low level of cost efficiency, with significant inefficiency differences among countries. Foreign banks and banks with higher foreign bank ownership involvement are associated with lower inefficiency. Furthermore, we observe a negative correlation of cost inefficiency with bank capitalization and firm market share, and a positive one with the fraction of loans in the asset portfolio.
Item Type: | Article |
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Schools and Departments: | University of Sussex Business School > Business and Management |
Depositing User: | Emmanuel Mamatzakis |
Date Deposited: | 06 Feb 2012 20:10 |
Last Modified: | 27 Jun 2013 09:50 |
URI: | http://sro.sussex.ac.uk/id/eprint/24444 |