ANALYZING BANKS’ PERFORMANCE DURING THE RECENT BREAKDOWNS. WHAT WERE THE MAIN DRIVERS?

Autor:	VINCENZO PACELLI, FRANCESCA PAMPURINI, ANNA GRAZIA QUARANTA
Jazyk:	angličtina
Rok vydání:	2023
Předmět:	Banking groups stochastic frontier approach cluster analysis efficiency drivers management Finance HG1-9999
Zdroj:	Journal of Financial Management, Markets and Institutions, Vol 11, Iss 02 (2023)
Druh dokumentu:	article
ISSN:	2282717X 2282-717X
DOI:	10.1142/S2282717X23500081
Popis:	We observe the main efficiency drivers of European Banking Groups after the burst of the Global Financial Crisis. This analysis is a live issue within the studies in the field of intermediation. The observed period (2010–2021) is emblematic of the complexity of the financial market in the last two decades. The efficiency levels derive from a stochastic frontier approach; a k-means cluster analysis distinguishes the units into three homogeneous groups, so that the main determinants of the higher level of efficiency can be identified. They are linked to a particular business model, specific managerial choices, costs rationalization and liquidity optimization.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/836cb33c3ef4453b859b0af4a132f29c Zobrazit plný text záznamu View record in DOAJ