Showing 1 - 10 of 49
This study demarcates cost-inefficiency in Chinese banks into X-inefficiency and rent-seeking-inefficiency. A protected banking market not only encourages weak management and X-inefficiency but also public ownership and state directed lending encourages moral hazard and bureaucratic rent...
Persistent link: https://www.econbiz.de/10010322770
The existing Chinese banking system was born out of a state-planning framework focussed on the funding of state-owned enterprises. Despite the development of a modern banking system, numerous studies of Chinese banking point to its high level of average inefficiency. Much of this inefficiency...
Persistent link: https://www.econbiz.de/10010322785
This paper presents an empirical assessment of the degree of competition within the Jamaican banking sector during the period 1998 to 2007. The popular H-statistic by Panzar and Rosse is utilised to estimate market power among the sample of banks. Using usual statistical tests, we are unable to...
Persistent link: https://www.econbiz.de/10010288765
According to a frequently cited finding by Berger et al (1993), X-inefficiency contributes 20% to cost-inefficiency in western banks. Empirical studies of Chinese banks tend to place cost-inefficiency in the region of 50%. Such estimates would suggest that Chinese banks suffer from gross cost...
Persistent link: https://www.econbiz.de/10010288770
Envelopment Analysis with bootstrap to construct a Malmquist index, bank productivity is measured and decomposed into technical …
Persistent link: https://www.econbiz.de/10010288803
This study demarcates cost-inefficiency in Chinese banks into X-inefficiency and rent-seeking-inefficiency. A protected banking market not only encourages weak management and X-inefficiency but also public ownership and state directed lending encourages moral hazard and bureaucratic rent...
Persistent link: https://www.econbiz.de/10010288813
The positive relationship between bank CEO compensation and risk taking is a well established empirical fact. The … global banking crisis has resulted in a chorus of demands to control banker’s bonuses and thereby curtail their risk taking …. In this paper we argue that the cushioning of banks downside risks provide the incentive for banks to take excessive risk …
Persistent link: https://www.econbiz.de/10010288817
Deregulation, re-regulation and continuing globalisation embody an imperative that banks increase efficiency to survive … suggest that there has been a tendency towards improvement in bank efficiency levels for the largest banks. The findings show … strong evidence of conditional convergence, which means that each bank is converging to its own steady-state and that GDP …
Persistent link: https://www.econbiz.de/10010288838
foreign banks operating in China. This paper evaluates bank performance using a Network DEA approach where an index of risk …Risk Management in Chinese banks has traditionally been the Cinderella of ist internal functions. Political stricture … and developmental imperative have often overridden standard practice of risk management resulting in large non …
Persistent link: https://www.econbiz.de/10010288845
significantly. The Asian financial crisis and the structural reform had the effect of slowing the adjustment speed of bank …
Persistent link: https://www.econbiz.de/10010288852