The paper analyzes bank performance in the context of the integrated European Union market and its member countries. First, the paper investigates the technical efficiency of banks in each country sample using a Data Envelopment Analysis (DEA) model incorporating only banking variables. Then, a...

We use a sample of 4,960 observations from 752 publicly quoted commercial banks operating in 87 countries between 1999 and 2006 and estimate cost efficiency and alternative profit efficiency using a global best-practice frontier while controlling for cross-country differences in regulations,...

This paper empirically analyzes risk shifting in the banking industry. Specifically, we study whether risk shifting took place in the European Union's banking sector in 2002–2009. Taking into account the components of the financial structure of banks, we also identify the type of risk...

The share of off-balance sheet activity (OBSa) in the future of banking business has been questioned by the use of low-quality assets in this activity. Nevertheless, this paper puts forward the adverse selection hypothesis, which counter argues that more stable banks engage in OBSa to a larger...

The new prudential regulation framework, established by the European Central Bank (ECB) after the financial crisis, encompasses supervisory procedures to measure and monitor banks business model, capital requirements, governance control and liquidity risk. However, research on financial...