No abstract

The current study proposes a new DEA model to evaluate the efficiency of 39 Chinese commercial banks over the period 2010–2018. The paper also, in the second stage, investigates the inter-relationships between efficiency and some bank-specific variables (i.e. bank profitability, bank size, expenses management, traditional business and non-traditional business) under the Robust Endogenous Neural Network Analysis. The findings suggest that the sample of Chinese banks experiences a consistent increase in the level of bank efficiency up to 2015; the efficiency score is 0.915, after which the efficiency level declines and then experiences a slight volatility, while finally ending up with an efficiency score of 0.746 by the end of 2018. We also find that among different bank ownership types, the state-owned banks have the highest efficiency, the rural commercial banks are found to be least efficient and the foreign banks experience the strongest volatility over the examined period. The second-stage analysis shows that bank size exerts a positive influence on the development of non-traditional banking business and a proactive expense management, bank size and non-traditional businesses have a positive impact on efficiency levels, while bank profitability, traditional businesses and expenses management have negative influences on bank efficiency.

Sustainable airline operations have become an increasingly important issue in recent years. With this respect, several initiatives for reducing pollutant emissions—such as carbon dioxide (CO2)—in the airline industry are now under consideration by regulators, policymakers, and companies. The impact of these initiatives upon efficiency levels of airline operations is still being analysed by different authors. This article is focused on the efficiency assessment of 13 major Chinese airlines from 2008 to 2015, applying a modified slack‐based measure model to account for CO2 emissions. The impact of contextual variables related to the airline's age, fleet mix, stock market governance, ownership type, network span, and whether or not it has undergone a previous merger and acquisition process is tested by means of a stochastic non‐linear robust regression approach. Findings suggest that sustainability in Chinese airline operations is dependent upon a number of economic factors such as learning curve, economies of scale, technology type, and network management. Policy implications are derived for Chinese airlines.

No abstract

No abstract