According to Article 210 of the Commercial Law, a bank (or a firm) with an intention of repurchasing shares has to make two decisions at the board of directors. The one is the decision about whether a bank has a tendency of repurchasing shares in the future or not and then about how many shares...

This study employs the meta-SFA and panel data analysis to investigate the impact of identifiable intangibles (excluding goodwill) on the bank’s efficiency and efficiency convergence among 4 areas: the EU, US, JP, and CN. Our work focuses on 609 commercial banks from 2012 to 2021, which...