The process of financial liberalization has stiffened competition in an environment characterized by a revolution in information technology and provided an incentive for bank management to focus on improving efficiency. To date, limited studies were conducted for Middle East banking sectors, a...

China has recently taken substantial steps to reform its banking sector, particularly after joining the World Trade Organization (WTO) in December 2001. This study examines the effect of recent banking reforms and WTO accession on the cost efficiency of Chinese banking and the efficiency...

We assess the impact of accession to the World Trade Organization (WTO) and stock ownership deregulation on the presence of anomalies in stock returns in China. We partition our data into sub-periods that mirror WTO accession and Investor-Base Expansion (IBE) in all share markets. Unlike prior...