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Título:
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Ownership change and banking efficiency in the new EU members
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Autor/a:
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Moreno Gené, Jordi; Gallizo Larraz, José Luis; Salvador Figueras, Manuel
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Otros autores:
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Universitat de Lleida. Departament d'Administració d'Empreses i Gestió Econòmica dels Recursos Naturals; |
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Notas:
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The aim of this study is to analyze how European integration and, especially, changes in ownership, has affected banking efficiency in Central and Eastern European countries which have recently experimented this process more intensely. Using a stochastic frontier approach (SFA) applied to panel data, we have estimated bank efficiency levels in a sample of 189 banks from 12 countries during the period 2000 to 2008 and we have analyzed the
influence of some bank characteristics on these efficiency levels. The results show that European integration has significantly improved the cost efficiency of banks in these countries but profit efficiency has significantly decreased. We have found very small differences between different ownership types and only a very small impact of foreign ownership on cost efficiency, showing that the entry of foreign ownership is not enough to explain the significant variations in banking efficiency after the accession. |
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Materia(s):
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-Banking efficiency
-European integration
-Banking ownership
-Stochastic frontier model
-Finances -- Unió Europea, Països de la
-Bancs -- Unió Europea, Països de la |
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Derechos:
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(c) Edicions de la Universitat de Lleida, 2013
(c) AEGERN, 2013
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Tipo de documento:
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workingPaper
publishedVersion |
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Editor:
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Edicions de la Universitat de Lleida
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Compartir:
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