Form of ownership and risk taking in banking: Some evidence from Massachusetts savings banks

The effect of UK building society conversion on pricing behaviour

“…9 By contrast, Murphy and Salandro (1997) find that a decline in credit quality is more pronounced among converted mutuals. Mester (1988) finds no significant difference in expense preference behaviour among the two types of S&Ls, but using a national data set, Mester (1993) reports that mutual S&Ls are more efficient than stock S&Ls.…”

The Determinants of Bank Risk Taking: Evidence From Jordan

“…The study found that banks that rebalance their loan portfolio exposures by both buying and selling loans, hold less capital than other banks. (Murphy et al, 1997) examined the experience of Massachusetts saving banks. The study analyzed a panel of 115 saving banks for the years from 1985 to 1993.…”