This paper analyses the X-efficiency level of Italian Asset Management Companies (Amc).This topic seems really important since there is a huge amount of literature that deals with X-efficiency with regard to the banking system; the aim of these works is to discover which factors can improve the...

This paper analyses the X-efficiency level of Italian Asset Management Companies (AMC). This topic seems really important since there is a huge amount of literature that deals with X-efficiency with regard to the banking system; the aim of these works is to discover which factors can improve the...

This paper investigates the level of economies of scale, as well as their determinants, for 103 European listed banks over the period 2000-2011 by employing a Stochastic Frontier Approach. The results reveal that economies of scale are widespread and move together for all size classes, although...