McKillop, Donal G.; Colin Glass, J.; Ward, Ann‐Marie - In: Managerial Finance 31 (2005) 11, pp. 72-86
This study uses a stochastic frontier analysis to evaluate the relative performance of UK credit unions over the period 1991 to 2001. The analysis found that UK credit unions are subject to high levels of (gross) in efficiency. The analysis also revealed that the environment within which...