Showing 1 - 10 of 51
This dissertation examines the wealth effects of bank mergers onbidder, target, and combined firm shareholders for a sample of785 mergers during the period 1980-2000. The dissertationemploys two unique bank event study methodologies to calculateabnormal returns for bidder, target and combined...
Persistent link: https://www.econbiz.de/10009468605
This dissertation examines the wealth effects of bank mergers on bidder, target, and combined firm shareholders for a sample of 785 mergers during the period 1980-2000. The dissertation employs two unique bank event study methodologies to calculate abnormal returns for bidder, target and...
Persistent link: https://www.econbiz.de/10009451123
This paper extends the existing research on real estate investment trust (REIT) operating efficiencies. We estimate a stochastic-frontier panel-data model specifying a translog cost function, covering 1995 to 2003. The results disagree with previous research in that we find little evidence of...
Persistent link: https://www.econbiz.de/10009430023
Information Systems/Information Technology (IS/IT) has now become an integral part of all organisations.Ironically, although there has been a lot of research undertaken in IS/IT strategic planning, little has been doneto understand the actual relationship between IS/IT investment and...
Persistent link: https://www.econbiz.de/10009481209
Die Einbeziehung von Umweltwirkungen in die Effizienzmessung ist erforderlich, da landwirtschaftliche Betriebe nicht nur zu Kosten und Leistungen aus Sicht des Unternehmens beitragen, sondern auch externe Effekte verursachen, die aus Sicht der Gesellschaft relevant sind. Im methodischen Teil der...
Persistent link: https://www.econbiz.de/10009428996
Allocations of research funds across programs are often made for efficiency reasons. Social science research is shown to have small, lagged but significant effects on U.S. agricultural efficiency when public agricultural R&D and extension are simultaneously taken into account. Farm management...
Persistent link: https://www.econbiz.de/10009429551
Using the directional distance function we study a cross section of 110 countries to examine the efficiency of management of the tradeoffs between pollution and income. The DEA model is reformulated to permit 'reverse disposability' of the bad output. Further, we interpret the optimal solution...
Persistent link: https://www.econbiz.de/10009430119
The Indian textiles industry is now at the crossroads with the phasing out of quota regime that prevailed under the Multi-Fiber Agreement (MFA) until the end of 2004. In the face of a full integration of the textiles sector in the WTO, maintaining and enhancing productive efficiency is a...
Persistent link: https://www.econbiz.de/10009430124
A two-stage procedure is employed to evaluate non-bank financial institution cost efficiency. In the first stage, data envelopment analysis is used to calculate technical, allocative and cost efficiency indices using a sample of two hundred Australian credit unions. The results indicate that a...
Persistent link: https://www.econbiz.de/10009437438
Credit unions are small, co-operative, not-for-profit institutions; facts which usually distinguish them from other financial intermediaries. Whilst respecting the unique organisational and institutional features of credit unions, the present study also accepts the need for rigorous efficiency...
Persistent link: https://www.econbiz.de/10009437440