This study employs a recent national survey of over 1100 British financial firms to ascertain the determinants of financial innovation and their sales success using Logit and generalised Tobit models. We find the likelihood of financial innovation rises with the size of financial firms, employee...

This paper uses dynamic panel estimation approaches to investigate the relationship between shareholder value and efficiency for a large sample of commercial banks in 14 Asia-Pacific economies between 2003 and 2010. In general, the results indicate that shareholder value is positively linked to...

Analysis of the tradeoff between competition and financial stability has been at the center of academic and policy debate for over two decades and especially since the 2007–2008 global financial crises. Here we use information on 14 Asia Pacific economies from 2003 to 2010 to investigate the...

China's banking system has undergone gradual reform since 1978, with a view to improving efficiency and resource allocation. Recent reforms have focused on allowing banks to list some shares on domestic and foreign exchanges, greater foreign equity participation in Chinese banks, and the...

This paper investigates the relationship between market structure and performance in China's banking system over the period 1985-2002. Using panel data and employing a random effects estimating procedure, both the market-power and efficient-structure hypotheses are tested. In addition, the model...

Employing the stochastic frontier approach, this paper investigates cost X-efficiency in China's banking sector over the period 1985-2002. The objective is to assess whether different ownership types and banking reforms affect X-efficiency. A two-stage regression model is estimated to identify...

Employing the stochastic frontier approach and expansion path measures, this article estimates economies of scale and scope in China's banking sector during the period 1985 to 2002. The objective is to assess whether different ownership types and banking reforms affect economies of scale and...

This paper investigates the relationship between market structure and performance in China's banking system from 1985 to 2002, a period when this sector was subject to gradual but notable reform. Using panel data estimation techniques, both the market-power and efficient-structure hypotheses are...