Efficiency of Banks: Recent Evidence from the Transition Economies of Europe, 1993–2000

Yildirim, H. Semih; Philippatos, George C.

doi:10.1080/13518470600763687

Cited by 286 publications

(183 citation statements)

References 38 publications

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“…Based on the most frequently cited publications we try to analyze the relation between corporate social-environmental performance and corporate financial performance in banks. The results of the literature review, carried out for the purposes of this article, based on [1][2][3][4]22,[47][48][49][50][51][52] and involving more than 1000 banks in total, do not allow for a generally valid statement, relating to the existence and direction of the link between the socio-economic activity of banks. The results confirm the heterogeneity, observed also in other sectors.…”

Section: Csp-cfp Relation In Banks and Its Determinants In Ceecmentioning

confidence: 99%

“…To our knowledge, this kind of studies is almost in-existent. The research of Semih Yildirim and Philippatos [52] focuses on the efficiency of banks from transition economies of Europe and embraces the period of 1993-2000, whereas Djalilov and Holscher [11] analyse the determinants of CSR in the banking sector of the transition countries of Central and Eastern Europe (CEE), covering the period of 2000-2012, however without analyzing the interrelation between CSP and CFP. No recent studies concerning the analyzed topic have been found while doing the literature review.…”

Section: Csp-cfp Relation In Banks and Its Determinants In Ceecmentioning

confidence: 99%

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Corporate Social-Environmental Performance versus Financial Performance of Banks in Central and Eastern European Countries

2018

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Abstract:Developed market economies demonstrate a growing interest in issues concerning Corporate Social Responsibility (CSR) and its effects, confirmed by the sizeable theoretical and empirical literature on this issue. A substantial research proves also the positive relation between CSR commitment and financial results of banks in mature markets. However, there is less evidence on CSR existence and its impact in other geographical areas, especially in the research concerning Central and Eastern European Countries (CEEC). In our study we analyze the interrelation between being socially responsible and tangible financial outcome (Corporate Financial Performance-CFP) of banks in the CEEC. The aim is also to empirically verify the relation between efficiency of corporate social-environmental performance (CSP) and the efficiency of CFP for CEEC banks. In our study, we analyze the financial and CSP data of the biggest public banks in CEEC. The researched period is 2012-2016. The empirical part analyzes the interrelation between CSP and CFP based on the panel regression. Moreover, in order to evaluate the CSP efficiency and the CFP efficiency we use the Data Envelopment Analysis (DEA) approach. The empirical results reveal that in case of banks in the Central and Eastern Europe (CEE) region being socially responsible is not reflected in the bottom line. The financial condition of the banks also does not impact the CSR engagement. Our study confirms, however, that CEEC banks with better financial efficiency have higher efficiency of CSR activities. The conclusions may lead to the improved decision-making processes concerning CSR activities and their communication in banks in CEEC.

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Section: Csp-cfp Relation In Banks and Its Determinants In Ceecmentioning

confidence: 99%

Section: Csp-cfp Relation In Banks and Its Determinants In Ceecmentioning

confidence: 99%

Corporate Social-Environmental Performance versus Financial Performance of Banks in Central and Eastern European Countries

2018

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“…It is also expected to capture the implications for bank efficiency stemming from operating in different economic environment, as demand for financial products depends on the level of economic activity. Empirical studies tend to find that countries with relatively high GDP growth are characterised by more efficient banking institutions (e.g., Demirguc-Kunt and Maksimovic, 1998;Schure et al, 2004;Yildirim and Philippatos, 2007). Yearly dummy variables are included to control for time effects.…”

Section: Asian Journal Of Finance and Accountingmentioning

confidence: 99%

The Impact of Regulatory and Supervisory Structures on Bank Risk and Efficiency: Evidence from Dual Banking System

Alam

2012

AJFA

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James Madison once said "If men were angels, no government would be necessary". Madison's view has direct implications for efficient bank supervisory and strong regulatory strategies. On the onset of 2007-08 subprime crisis banking system across the globe were left exposed to financial tsunami due to over-expansion and excessive risk concentrations. This incident should provide regulators wake up call to further develop and strengthen the regulatory system with new and strict monitoring mechanism. In the given context, this paper will investigates the linkages between bank regulatory and supervisory structures associated with Basel III's pillars and various aspects of banks' efficiency and risk. The analysis will be focussed on dual banking system over the period 2006-2010. Our results suggest that regulations and strict monitoring of banking operation, and higher supervisory power of the authorities, increase the technical efficiency for Islamic banks but decreases convention banks efficiency. We observe the opposite effect in the case of restrictions on bank activities, with higher restrictions having a reduction in risk taking of Islamic banks while increasing the risk taking of conventional banks. Results also indicate that Islamic banks are better prepared towards the implementation of Basel III guidelines compared to their conventional counterparts.

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“…ułatwionego dostępu do kapitału, zaawansowanych technologii, systemów zarządzania ryzykiem czy doświadczeń menedżerskich [m.in. Bonin, Hasan, Wachtel, 2005;Yildirim, Philippatos, 2007;Koutsomanoli-Filippaki, Margaritis, Staikouras, 2009;Huang i in., 2011]. Pozytywny wpływ kapitału zagranicznego zarówno na efektywność, jak i konkurencyjność polskiego sektora bankowego potwierdzają także badania M. Pawłowskiej [2015].…”

Section: Przegląd Literaturyunclassified

The Impact of Ownership Structure on Banks Strategy in Central and East European Countries

Mikołajczyk

2017

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Kod JEL: G01; G21; G32; L25 WstępKraje Europy Środkowo-Wschodniej (ESW) przeszły długą drogę od czasu transformacji ustrojowej, kiedy utworzyły, reaktywowały lub głęboko zreformowały wszystkie elementy systemu finansowego. Sektor bankowy, będący jego najbardziej istotnym i wrażliwym elementem, ukształtował się pod wpływem przyjętego modelu prywatyzacji, rozwiązań regulacyjnych i systemowych. Pomimo istniejących różnic w poszczególnych krajach regionu ESW wykazuje on wiele cech wspólnych, odróżniających go od krajów Europy Zachodniej. Te wspólne cechy to m.in. dominacja kapitału zagranicznego, głównie pochodzącego z krajów starej UE, czy silna ekspansja kredytowa, szczególnie po 2004 r. Kryzys finansowy lat 2007-2009 nie uderzył bezpośrednio w kraje ESW, jednak z pewnym opóźnieniem wywarł silny wpływ na banki w tym regionie, głównie przez więzi kapitałowe łączące je z bankami Europy Zachodniej oraz pokryzysowe zmiany regulacyjne wprowadzone w UE.Pobrane z czasopisma Annales H -Oeconomia http://oeconomia.annales.umcs.pl

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Efficiency of Banks: Recent Evidence from the Transition Economies of Europe, 1993–2000

Cited by 286 publications

References 38 publications

Corporate Social-Environmental Performance versus Financial Performance of Banks in Central and Eastern European Countries

Corporate Social-Environmental Performance versus Financial Performance of Banks in Central and Eastern European Countries

The Impact of Regulatory and Supervisory Structures on Bank Risk and Efficiency: Evidence from Dual Banking System

The Impact of Ownership Structure on Banks Strategy in Central and East European Countries

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