Altunbas, Yener; Carbo, Santiago; Gardener, Edward P.M.; … - In: European Financial Management 13 (2007) 1, pp. 49-70
"This paper analyses the relationship between capital, risk and efficiency for a large sample of European banks between 1992 and 2000. In contrast to the established US evidence we do not find a positive relationship between inefficiency and bank risk-taking. Inefficient European banks appear to...