Efficiency and risk convergence of Eurozone financial markets

Wild, Joerg

doi:10.1016/j.ribaf.2015.09.015

Cited by 20 publications

(33 citation statements)

References 29 publications

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“…Probably these results are reflective of the financial help that banks were getting, gradually, after the global financial crisis (Gulati and Kumar 2016), and that impact the different Eurozone countries at different times (Wild 2016). Faced with serious economic difficulties in Greece, the European Union has adopted an aid plan, including loans and supervision of the European Central Bank.…”

Section: Value-based Dea Resultsmentioning

confidence: 99%

“…Moreover, the findings highlight that if bank managers want to protect their performance, they will have to improve cost management efficiency. This study can be considered as an extension to the existing literature because it focuses on the early years after the crisis (e.g., Christopoulos et al 2019;Wild 2016). Such exposure can be relevant for managers, regulators and potential investors.…”

Section: Introductionmentioning

confidence: 99%

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European Bank’s Performance and Efficiency

Neves

Gouveia

Proença

2020

JRFM

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The research interest in bank profitability and efficiency is linked to the economic situation and an important issue for policymakers is to ensure economic stability. Nevertheless, managerial decisions and the environment could play a critical role in ensuring proper and efficient allocation of the resources. The purpose of this study is to understand which are the main factors that can influence the performance and efficiency of 94 commercial listed banks from Eurozone countries through a dynamic evaluation, in the period between 2011 and 2016. To achieve this aim, the generalized method of moments estimator technique is used to analyze the influence of some bank-specific characteristics, controlled by management, on the profitability as a measure of bank performance. After that, through the value-based data envelopment analysis (DEA) methodology, those factors are considered in determining the efficient banks. The results show that banking efficiency depends on set bank-specific characteristics and that the effect of determinants on efficiency differs, considering the macroeconomic conditions.

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Section: Value-based Dea Resultsmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

European Bank’s Performance and Efficiency

Neves

Gouveia

Proença

2020

JRFM

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“…The input variables were personnel expenses, fixed assets, and deposits. The output variables were loans, other earning assets, and fee income in the study (Wild, 2016).…”

Section: Türk Bankacılık Sektörünün Performans Değerlendirmesinde Entmentioning

confidence: 99%

Türk Bankacilik Sektörünün Performans Değerlendi̇rmesi̇nde Entropi̇k Ağirliklarla Veri̇ Zarflama Anali̇zi̇

Özdağoğlu¹,

Yakut²,

Bahar³

2017

Dokuz Eylül Üniversitesi İşletme Fakültesi Dergisi

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Data envelopment analysis is one of the tools that has been used frequently on evaluating the performance of the firms. Particularly in today's competitive conditions, since the firms have been facing many external and/or internal factors closely, data envelopment anaysis (DEA) method is used for measuring inputs and outputs on the relative efficiency of operational processes. When the banking sector is analysed in Republic of Turkey, the degree of competition among the banks has shown that it is necessary for them to use their resources more efficiently. Hence, in terms of financial performance of banks, defining the efficiency limitations would be easier and more efficient with some statistical tools. The purpose of this study is to analyze the performance of all deposit banks in Turkey by using data envelopment anaysis with entropic weights. Keywords:Data Envelopment Analysis, Banking Sector, Banking Performance, Entropic Weights TÜRK BANKACILIK SEKTÖRÜNÜN PERFORMANS DEĞERLENDİRMESİNDE ENTROPİK AĞIRLIKLARLA VERİ ZARFLAMA ANALİZİ ÖZVeri zarflama analizi firmaların performansını değerlendirmede sıklıkla kullanılan araçlardan birisidir. Özellikle günümüz rekabet şartlarında işletmelerin gerek dış gerekse iç faktörlere yakından maruz kalması ve bunun sonucunda girdi ve çıktıların operasyonel süreçlere göreli etkinliklerinin ölçülmesi için kullanılan bir yöntemdir. Türkiye'de bankacılık sektörü incelendiğinde bankalar arasındaki rekabetin düzeyi bankaların kaynak kullanımını en etkin şekilde kullanması gerektiğini göstermiştir. Bu yüzden bankaların finansal performansları açısından takip etmesi gereken etkinlik sınırlamalarının belirlenmesi bazı istatistiksel araçlarla daha kolay ve etkin olmaktadır. Bu çalışmanın amacı, entropik ağırlıkları içeren veri zarflama analizi ile Türkiye'de faaliyet gösteren tüm mevduat bankalarının performanslarının incelenmesidir.

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“…Following these arguments, various studies have explored the impact of income diversification on profitability or risk. The results of these studies differ depending on the economies examined or the type of banks explored (Abedifar, Molyneux, & Tarazi, 2018;Stiroh, 2004;Thota, 2019;Wild, 2016). There is still paucity in literature regarding the determinants and the convergence of bank income diversification among banks in developing economies.…”

Section: Introductionmentioning

confidence: 99%

Determinants and convergence of income diversification in Ghanaian banks

Duho

Onumah

Asare

2020

jrems

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The study explores the determinants of income diversification, as well as, test for the existence of beta-convergence and sigma-convergence among Ghanaian banks. The study utilizes a dataset of 32 banks covering the periods 2000 to 2017. The panel corrected standard error ordinary least squares, fixed effects and system generalized methods of moments have been used. Both beta-convergence and sigma-convergence exist among Ghanaian banks; suggesting the presence of the catch-up effect and similarity of strategy over time. The risk profile and risk portfolio of banks affect their diversification strategy. Banks that are faced with high insolvency risk and liquidity risk tend to diversify while banks that are faced with low credit risk tend to diversify. Stable banks tend to adopt a diversification strategy even when they are exposed to credit risk. Network embeddedness drives diversification strategy. The implications of the study for practice, policy, and future research have been discussed.

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Efficiency and risk convergence of Eurozone financial markets

Cited by 20 publications

References 29 publications

European Bank’s Performance and Efficiency

European Bank’s Performance and Efficiency

Türk Bankacilik Sektörünün Performans Değerlendi̇rmesi̇nde Entropi̇k Ağirliklarla Veri̇ Zarflama Anali̇zi̇

Determinants and convergence of income diversification in Ghanaian banks

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