Soedarmono, Wahyoe; Tarazi, Amine - In: Journal of Asian Economics 29 (2013) C, pp. 91-100
This paper examines the relationship between opacity and the cost of intermediation in Asian banks. Using a sample of publicly traded commercial banks from 2002 to 2008, our empirical results show that higher opacity is associated with a lower intermediation cost in banking. Hence, bank managers...