Inputs, Outputs, and a Theory of Production and Cost at Depository Financial Institutions

Sealey, C. W.; Lindley, James T.

doi:10.1111/j.1540-6261.1977.tb03324.x

Cited by 1,300 publications

(543 citation statements)

References 16 publications

Supporting

Mentioning

494

Contrasting

Unclassified

Order By: Relevance

“…Employing a modified version of the intermediation approach (Sealey and Lindley 1977), this paper defines three outputs-total loans, other earning assets, and deposits; two inputs-cost of fund and cost of labour; and one netput-equity. Theoretically, the price of labour and the price of physical capital should be measured separately.…”

Section: Methodsologies Model Specification and Datamentioning

confidence: 99%

Corporate governance and bank performance in China

Jiang

Guo

Zhang

2012

Journal of Chinese Economic and Business Studies

View full text Add to dashboard Cite

This paper examines the effects of corporate governance on bank performance in China over the period [1995][1996][1997][1998][1999][2000][2001][2002][2003][2004][2005][2006][2007][2008]. Bank performance has improved significantly and the mean profit efficiency level is estimated at 61 per cent. The results suggest that differences in corporate governance have significant impacts on bank performance: banks with majority foreign ownership are most profitable while banks with majority state ownership are most unprofitable. We find no evidence that foreign minority ownership in domestic banks improves performance. Banks with more dispersed ownership are found to be more profit efficient.

show abstract

Section: Methodsologies Model Specification and Datamentioning

confidence: 99%

Corporate governance and bank performance in China

Jiang

Guo

Zhang

2012

Journal of Chinese Economic and Business Studies

View full text Add to dashboard Cite

show abstract

“…Marginal cost was constructed following the intermediation approach by Sealey and Lindley (1977) in specifying the input prices and the outputs of the cost function. In order to produce three outputs, namely deposits, other earning assets and loans, three inputs, namely labor, funds and physical capital are used.…”

Section: Cit / 2qit( 1 2 2 Ln Qit Y Ln( W1w2w3 )A )mentioning

confidence: 99%

Relationship between bank competition and stability: the case of the UK

Zhanbolatova¹,

Ziyadin

Zhumanov

et al. 2018

Banks and Bank Systems

View full text Add to dashboard Cite

There is no consensus in theoretical and empirical studies about the relationship between bank competition and stability. This research aims to investigate the relationship between bank competition and stability in the UK. The analysis has been done on a large sample of UK banks for the period 2004–2014. There is quite contrasting evidence on the bank competition and bank soundness relationship. A unified framework has been developed to assess how different factors may make it more likely that the data favor one theory over another. The results suggest that in some cases a U-shaped relationship exists between bank competition and stability. Therefore the conclusion is that in order to protect the bank from different risk exposures a moderate level of bank competition is needed.

show abstract

“…In the banking literature, two main approaches are broadly used in defining and measuring the inputs and outputs used -namely the production approach and the intermediation approach 1 (Sealey and Lindley, 1977). This study adopts the intermediation approach, because this has been used extensively in specifying the inputs and outputs of the banking industry.…”

Section: Definition and Choice Of Variablesmentioning

confidence: 99%