Author: James W. Kolari
Publisher: Free Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 264
Book Description
Describe the market innovation, deregulation, and the U.S. banking, cost economic in banking, recent empirical evidence in a competitive environment cost economics of banks with different product mixes, cost structure of electronic computer technology, cost efficiency and bank failur.
Bank Costs, Structure, and Performance
Author: James W. Kolari
Publisher: Free Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 264
Book Description
Describe the market innovation, deregulation, and the U.S. banking, cost economic in banking, recent empirical evidence in a competitive environment cost economics of banks with different product mixes, cost structure of electronic computer technology, cost efficiency and bank failur.
Publisher: Free Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 264
Book Description
Describe the market innovation, deregulation, and the U.S. banking, cost economic in banking, recent empirical evidence in a competitive environment cost economics of banks with different product mixes, cost structure of electronic computer technology, cost efficiency and bank failur.
Three Essays on Bank Technology, Cost Structure, and Performance
Author: Dan Wang
Publisher:
ISBN:
Category : Banks and banking, American
Languages : en
Pages : 171
Book Description
This dissertation addresses the issues around the technology and cost structure in commercial banking industries in both industrialized economy (US) and transitional economy (China). In addition, internal and external factors that affect bank performance, in terms of technical change, technical efficiency and total factor productivity, are examined to provide policy and business implications to regulatory authorities and banking managers.
Publisher:
ISBN:
Category : Banks and banking, American
Languages : en
Pages : 171
Book Description
This dissertation addresses the issues around the technology and cost structure in commercial banking industries in both industrialized economy (US) and transitional economy (China). In addition, internal and external factors that affect bank performance, in terms of technical change, technical efficiency and total factor productivity, are examined to provide policy and business implications to regulatory authorities and banking managers.
General Cost Structure Analysis
Author: Ziad Sarkis
Publisher: Springer Science & Business Media
ISBN: 1461545994
Category : Business & Economics
Languages : en
Pages : 119
Book Description
The subject of General Cost Structure Analysis is the quantitative analysis of cost structures with a minimum of a priori assumptions on firm technology and on firm behaviour. The study develops an innovative line of attack building on the primal characterisation of the firm's generalised shadow cost minimisation program. The resulting Flexible Cost Model (FCM) is highly conducive to modern panel data techniques and allows for a flexible specification not only of firm technology but also of firm behaviour, as shadow prices can be made input-, time- and firm-specific. FCM is applied to a panel dataset on several hundred of the largest banking institutions in the G-5 (France, Germany, Japan, United Kingdom, United States) in the 1989-1996 period. The main empirical results are summarised. In particular, FCM provides new insights into the existence of scale economies in banking and an assessment of the extent of excess labour in the G-5 banking industries, particularly as a consequence of labour market rigidities in a context of rapidly declining technology prices. FCM also provides an evaluation of the sources of the cost advantage of American and British banks in comparison to Continental European banks.
Publisher: Springer Science & Business Media
ISBN: 1461545994
Category : Business & Economics
Languages : en
Pages : 119
Book Description
The subject of General Cost Structure Analysis is the quantitative analysis of cost structures with a minimum of a priori assumptions on firm technology and on firm behaviour. The study develops an innovative line of attack building on the primal characterisation of the firm's generalised shadow cost minimisation program. The resulting Flexible Cost Model (FCM) is highly conducive to modern panel data techniques and allows for a flexible specification not only of firm technology but also of firm behaviour, as shadow prices can be made input-, time- and firm-specific. FCM is applied to a panel dataset on several hundred of the largest banking institutions in the G-5 (France, Germany, Japan, United Kingdom, United States) in the 1989-1996 period. The main empirical results are summarised. In particular, FCM provides new insights into the existence of scale economies in banking and an assessment of the extent of excess labour in the G-5 banking industries, particularly as a consequence of labour market rigidities in a context of rapidly declining technology prices. FCM also provides an evaluation of the sources of the cost advantage of American and British banks in comparison to Continental European banks.
Structure-performance Studies in Banking
Author: Stephen A. Rhoades
Publisher:
ISBN:
Category : Bank management
Languages : en
Pages : 52
Book Description
Publisher:
ISBN:
Category : Bank management
Languages : en
Pages : 52
Book Description
Bank Costs, Structure, Performance and Regulation
Author: Loukia Ch Evripidou
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Bank Performance, Risk and Firm Financing
Author: P. Molyneux
Publisher: Springer
ISBN: 0230313876
Category : Business & Economics
Languages : en
Pages : 314
Book Description
This text comprises a selection of papers that provide state of the art insights into bank performance, risk and firm financing post crisis that were presented at the European Association of University Teachers of Banking and Finance Conference (otherwise known as the Wolpertinger Conference) held at Bangor University, Wales, 2010.
Publisher: Springer
ISBN: 0230313876
Category : Business & Economics
Languages : en
Pages : 314
Book Description
This text comprises a selection of papers that provide state of the art insights into bank performance, risk and firm financing post crisis that were presented at the European Association of University Teachers of Banking and Finance Conference (otherwise known as the Wolpertinger Conference) held at Bangor University, Wales, 2010.
Banking Structure and Performance
Author: Jack M. Guttentag
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 212
Book Description
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 212
Book Description
Business Loan Costs and Bank Market Structure: an Empirical Estimate of Their Relations
Author: Donald P. Jacobs
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 124
Book Description
An attempt to supply and empirical estimate of the relationship of market structure to the performance of banks in supplying services to business.
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 124
Book Description
An attempt to supply and empirical estimate of the relationship of market structure to the performance of banks in supplying services to business.
Bovernance and Bank Valuation
Author: Gerard Caprio
Publisher: World Bank Publications
ISBN:
Category : Bancos
Languages : en
Pages : 49
Book Description
"Which public policies and ownership structures enhance the governance of banks? This paper constructs a new database on the ownership of banks internationally and then assesses the ramifications of ownership, shareholder protection laws, and supervisory/regulatory policies on bank valuations. Except in a few countries with very strong shareholder protection laws, banks are not widely held, but rather families or the State tend to control banks. We find that (i) larger cash flow rights by the controlling owner boosts valuations, (ii) stronger shareholder protection laws increase valuations, and (iii) greater cash flow rights mitigate the adverse effects of weak shareholder protection laws on bank valuations. These results are consistent with the views that expropriation of minority shareholders is important internationally, that laws can restrain this expropriation, and concentrated cash flow rights represent an important mechanism for governing banks. Finally, the evidence does not support the view that empowering official supervisory and regulatory agencies will increase the market valuation of banks"--NBER website
Publisher: World Bank Publications
ISBN:
Category : Bancos
Languages : en
Pages : 49
Book Description
"Which public policies and ownership structures enhance the governance of banks? This paper constructs a new database on the ownership of banks internationally and then assesses the ramifications of ownership, shareholder protection laws, and supervisory/regulatory policies on bank valuations. Except in a few countries with very strong shareholder protection laws, banks are not widely held, but rather families or the State tend to control banks. We find that (i) larger cash flow rights by the controlling owner boosts valuations, (ii) stronger shareholder protection laws increase valuations, and (iii) greater cash flow rights mitigate the adverse effects of weak shareholder protection laws on bank valuations. These results are consistent with the views that expropriation of minority shareholders is important internationally, that laws can restrain this expropriation, and concentrated cash flow rights represent an important mechanism for governing banks. Finally, the evidence does not support the view that empowering official supervisory and regulatory agencies will increase the market valuation of banks"--NBER website
A New Measure of Competition in the Financial Industry
Author: Jacob Bikker
Publisher: Routledge
ISBN: 1136013202
Category : Business & Economics
Languages : en
Pages : 225
Book Description
The 2008 credit crisis started with the failure of one large bank: Lehman Brothers. Since then the focus of both politicians and regulators has been on stabilising the economy and preventing future financial instability. At this juncture, we are at the last stage of future-proofing the financial sector by raising capital requirements and tightening financial regulation. Now the policy agenda needs to concentrate on transforming the banking sector into an engine for growth. Reviving competition in the banking sector after the state interventions of the past years is a key step in this process. This book introduces and explains a relatively new concept in competition measurement: the performance-conduct-structure (PCS) indicator. The key idea behind this measure is that a firm’s efficiency is more highly rewarded in terms of market share and profit, the stronger competitive pressure is. The book begins by explaining the financial market’s fundamental obstacles to competition presenting a brief survey of the complex relationship between financial stability and competition. The theoretical contributions of Hay and Liu and Boone provide the theoretical underpinning for the PCS indicator, while its application to banking and insurance illustrates its empirical qualities. Finally, this book presents a systematic comparison between the results of this approach and (all) existing methods as applied to 46 countries, over the same sample period. This book presents a comprehensive overview of the knowns and unknowns of financial sector competition for commercial and central bankers, policy-makers, supervisors and academics alike.
Publisher: Routledge
ISBN: 1136013202
Category : Business & Economics
Languages : en
Pages : 225
Book Description
The 2008 credit crisis started with the failure of one large bank: Lehman Brothers. Since then the focus of both politicians and regulators has been on stabilising the economy and preventing future financial instability. At this juncture, we are at the last stage of future-proofing the financial sector by raising capital requirements and tightening financial regulation. Now the policy agenda needs to concentrate on transforming the banking sector into an engine for growth. Reviving competition in the banking sector after the state interventions of the past years is a key step in this process. This book introduces and explains a relatively new concept in competition measurement: the performance-conduct-structure (PCS) indicator. The key idea behind this measure is that a firm’s efficiency is more highly rewarded in terms of market share and profit, the stronger competitive pressure is. The book begins by explaining the financial market’s fundamental obstacles to competition presenting a brief survey of the complex relationship between financial stability and competition. The theoretical contributions of Hay and Liu and Boone provide the theoretical underpinning for the PCS indicator, while its application to banking and insurance illustrates its empirical qualities. Finally, this book presents a systematic comparison between the results of this approach and (all) existing methods as applied to 46 countries, over the same sample period. This book presents a comprehensive overview of the knowns and unknowns of financial sector competition for commercial and central bankers, policy-makers, supervisors and academics alike.