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...

A two-stage procedure is employed to evaluate the determinants of merger and acquisition (M&A) activity in Australian credit unions over the period 1992/1993 to 1994/1995. In the first stage, data envelopment analysis (DEA) is used to calculate technical and scale efficiency indices for a sample...

Data envelopment analysis is used to calculate pure technical, scale, allocative and cost efficiency indices for a sample of forty-six Australian general insurers. The inputs used are labour, physical capital (in the form of both information technology and plant and equipment) and financial...

A two-part process is employed to analyse the role of efficiency in merger and acquisition (M&A) activity in Australian credit unions during the period 1993 to 1997. The measures of efficiency are derived using the nonparametric technique of data envelopment analysis. The first part uses panel...

В статье рассматриваются особенности формирования маркетинговой среды британских банков. Автор анализирует современную банковскою систему Великобритании,...

Rescaled range analysis has regained popularity in the recent econophysics literature as a means of identifying long-term dependence in time-series data. Conclusions derived from the rescaled adjusted range statistic are conditional however upon the choice of an appropriate benchmark against...

We study the relationship between institutional ownership and firm performance in Finland. A systems approach is employed to investigate the potential two-way causality between firm performance and ownership structure. Three-stage least squares estimation technique is used to solve for the...

This paper evaluates the effect of access to improved water sources and sanitation on 41 sub-Saharan African (SSA) countries’ economic efficiency and growth. For this reason Data Envelopment Analysis (DEA), bootstrap techniques and probabilistic approaches are used. The empirical results...