Purpose: Data envelopment analysis (DEA) calculates the efficiency of a business unit if all the inputs are creating outputs within a “black box.” Under traditional DEA, the detailed process of that business unit is ignored. However, a network DEA can explain the black box structure and...

Purpose: This paper investigates the endogenous relationships between banking performance and social welfare in Southern African Development Community (SADC) countries. Design/methodology/approach: A comprehensive three-stage multi-criteria decision-making (MCDM) approach based on alternative...

Purpose: The purpose of this paper is to analyze the bank efficiency in three developing countries, namely Angola, Brazil and Mozambique, aiming to infer differences given that they belong to the same cultural tradition. The underlying idea is to control for the cultural background, thus...