메뉴 건너뛰기




Volumn 30, Issue 9-10, 2003, Pages 1363-1421

Efficiency, ownership and market structure, corporate control and governance in the Turkish banking industry

Author keywords

[No Author keywords available]

Indexed keywords


EID: 77951910597     PISSN: 0306686X     EISSN: 14685957     Source Type: Journal    
DOI: 10.1111/j.0306-686X.2003.05533.x     Document Type: Article
Times cited : (129)

References (78)
  • 2
    • 0001332619 scopus 로고
    • Some economics of property rights
    • Alchian, A. A. (1965), 'Some Economics of Property Rights', Il Politico, Vol. 30, pp. 816-29.
    • (1965) Il Politico , vol.30 , pp. 816-829
    • Alchian, A.A.1
  • 4
    • 77951916422 scopus 로고
    • Privatization, efficiency and public ownership in Turkey - An analysis of the banking industry 1991-1993
    • (Institute of European Finance)
    • -, P. Molyneux and N. Murphy (1994), 'Privatization, Efficiency and Public Ownership in Turkey - An Analysis of the Banking Industry 1991-1993', Working Paper (Institute of European Finance).
    • (1994) Working Paper
    • Molyneux, P.1    Murphy, N.2
  • 5
    • 0025625259 scopus 로고
    • Technical, scale, and allocative efficiencies in US banking: An empirical investigation
    • Aly, H.Y., R. Grabowski, C. Pasurka and N. Rangan (1990), 'Technical, Scale, and Allocative Efficiencies in US Banking: An Empirical Investigation', Review of Economics and Statistics, Vol. 72, pp. 211-18.
    • (1990) Review of Economics and Statistics , vol.72 , pp. 211-218
    • Aly, H.Y.1    Grabowski, R.2    Pasurka, C.3    Rangan, N.4
  • 6
    • 0000171461 scopus 로고
    • Regression analysis when the dependent variable is truncated normal
    • Amemiya, T. (1973), 'Regression Analysis When the Dependent Variable is Truncated Normal', Ecomometrica, Vol. 41, pp. 997-1016.
    • (1973) Ecomometrica , vol.41 , pp. 997-1016
    • Amemiya, T.1
  • 7
    • 0021497874 scopus 로고
    • Some models for estimating technical and scale inefficiencies in data envelopment analysis
    • Banker, R.D., A. Charnes and W.W. Cooper (1984), 'Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis', Management Science, Vol. 30, pp. 1078-92.
    • (1984) Management Science , vol.30 , pp. 1078-1092
    • Banker, R.D.1    Charnes, A.2    Cooper, W.W.3
  • 8
    • 0013303534 scopus 로고
    • Forecasting bank failure: A non-parametric approach
    • Barr, R., L. Seiford and T. Siems (1994), 'Forecasting Bank Failure: A Non-Parametric Approach', Recherches Economiques de Louvain, Vol. 60, pp. 411-29.
    • (1994) Recherches Economiques de Louvain , vol.60 , pp. 411-429
    • Barr, R.1    Seiford, L.2    Siems, T.3
  • 9
    • 0002315382 scopus 로고    scopus 로고
    • Consistency conditions for regulatory analysis of financial institutions: A comparison of frontier efficiency methods
    • Bauer, P.W., A.N. Berger, G.D. Ferrier and D.B. Humphrey (1998), 'Consistency Conditions for Regulatory Analysis of Financial Institutions: A Comparison of Frontier Efficiency Methods', Journal of Economics and Business, Vol. 50, pp. 85-114.
    • (1998) Journal of Economics and Business , vol.50 , pp. 85-114
    • Bauer, P.W.1    Berger, A.N.2    Ferrier, G.D.3    Humphrey, D.B.4
  • 11
    • 0043246810 scopus 로고
    • The profit-structure relationship in banking: Tests of market-power and efficient-structure hypotheses
    • Berger, A.N. (1995), 'The Profit-Structure Relationship in Banking: Tests of Market-Power and Efficient-Structure Hypotheses', Journal of Money, Credit and Banking, Vol. 27, pp. 404-31.
    • (1995) Journal of Money, Credit and Banking , vol.27 , pp. 404-431
    • Berger, A.N.1
  • 12
    • 0031161387 scopus 로고    scopus 로고
    • Problem loans and cost efficiency in commercial banks
    • - and R. DeYoung (1997), 'Problem Loans and Cost Efficiency in Commercial Banks', Journal of Banking and Finance, Vol. 21, pp. 849-70.
    • (1997) Journal of Banking and Finance , vol.21 , pp. 849-870
    • Deyoung, R.1
  • 13
    • 0032382856 scopus 로고    scopus 로고
    • The efficiency cost of market power in the banking industry: A test of the quiet life and related hypotheses
    • - and T.H. Hannan (1998), 'The Efficiency Cost of Market Power in the Banking Industry: A Test of the Quiet Life and Related Hypotheses', Review of Economics and Statistics, Vol. 80, pp. 454-65.
    • (1998) Review of Economics and Statistics , vol.80 , pp. 454-465
    • Hannan, T.H.1
  • 14
    • 0000786043 scopus 로고    scopus 로고
    • Efficiency of financial institutions: International survey and directions for future research
    • - and D.B. Humphrey (1997), 'Efficiency of Financial Institutions: International Survey and Directions for Future Research', European Journal of Operational Research, Vol. 98, pp. 175-212.
    • (1997) European Journal of Operational Research , vol.98 , pp. 175-212
    • Humphrey, D.B.1
  • 15
    • 0031185036 scopus 로고    scopus 로고
    • Inside the black box: What explains differences in the efficiencies of financial institutions?
    • - and L.J. Mester (1997), 'Inside the Black Box: What Explains Differences in the Efficiencies of Financial Institutions?', Journal of Banking and Finance, Vol. 21, pp. 895-947.
    • (1997) Journal of Banking and Finance , vol.21 , pp. 895-947
    • Mester, L.J.1
  • 16
    • 77951895290 scopus 로고    scopus 로고
    • The consolidation of the financial services industry: Causes, consequences and implications for the future
    • -, R.S. Demsetz and P.E. Strahan (1998), 'The Consolidation of the Financial Services Industry: Causes, Consequences and Implications for the Future', Federal Reserve Bank of New York Staff Reports, No 55.
    • (1998) Federal Reserve Bank of New York Staff Reports, No 55
    • Demsetz, R.S.1    Strahan, P.E.2
  • 17
    • 0000977550 scopus 로고
    • Bank efficiency derived from the profit function
    • -, D. Hancock and D.B. Humphrey (1993), 'Bank Efficiency Derived from the Profit Function', Journal of Banking and Finance, Vol. 17, pp. 317-47.
    • (1993) Journal of Banking and Finance , vol.17 , pp. 317-347
    • Hancock, D.1    Humphrey, D.B.2
  • 18
    • 0000572904 scopus 로고
    • The efficiency of financial institutions: A review and preview of research past, present and future
    • -, W.C. Hunter and S.G. Timme (1993), 'The Efficiency of Financial Institutions: A Review and Preview of Research Past, Present and Future', Journal of Banking and Finance, Vol. 17, pp. 221-49.
    • (1993) Journal of Banking and Finance , vol.17 , pp. 221-249
    • Hunter, W.C.1    Timme, S.G.2
  • 19
    • 0001328863 scopus 로고    scopus 로고
    • The impact of liberalization on the productive efficiency of indian commercial banks
    • Bhattacharya, A., C.A.K. Lovell and P. Sahay (1997), 'The Impact of Liberalization on the Productive Efficiency of Indian Commercial Banks', European Journal of Operational Research, Vol. 98, pp. 332-45.
    • (1997) European Journal of Operational Research , vol.98 , pp. 332-345
    • Bhattacharya, A.1    Lovell, C.A.K.2    Sahay, P.3
  • 20
    • 45949128596 scopus 로고
    • Financial intermediary coalitions
    • Boyd, J. and E. Prescott (1986), 'Financial Intermediary Coalitions', Journal of Economic Theory, Vol. 38, pp. 211-32.
    • (1986) Journal of Economic Theory , vol.38 , pp. 211-232
    • Boyd, J.1    Prescott, E.2
  • 21
    • 0027707183 scopus 로고
    • Firm inefficiency and the regulatory closure of S&Ls: An empirical investigation
    • Cebenoyan, A.S., E.S. Cooperman and C.A. Register (1993), 'Firm Inefficiency and the Regulatory Closure of S&Ls: An Empirical Investigation', Review of Economics and Statistics, Vol. 75, pp. 540-45.
    • (1993) Review of Economics and Statistics , vol.75 , pp. 540-545
    • Cebenoyan, A.S.1    Cooperman, E.S.2    Register, C.A.3
  • 22
    • 0003857718 scopus 로고    scopus 로고
    • The 1994 currency crisis in Turkey
    • April, (World Bank Development Research Group, Washington DC, USA)
    • Celasun, O. (April 1998), 'The 1994 Currency Crisis in Turkey', Working Paper No. 1913 (World Bank Development Research Group, Washington DC, USA).
    • (1998) Working Paper No. 1913
    • Celasun, O.1
  • 23
    • 77951881252 scopus 로고
    • Should banks be 'universal'? The relationship between economies of scope and efficiency in the French banking industry
    • France, University Robert Schuman of Strasbourg
    • Chaffai, M. and M. Dietsch (1995), 'Should Banks be 'Universal'? The Relationship Between Economies of Scope and Efficiency in the French Banking Industry', Working Paper (University Robert Schuman of Strasbourg, France).
    • (1995) Working Paper
    • Chaffai, M.1    Dietsch, M.2
  • 24
    • 0001807274 scopus 로고    scopus 로고
    • Efficiency of multinational banks: An empirical investigation
    • Chang, C.E., I. Hasan and W.C. Hunter (1998), 'Efficiency of Multinational Banks: An Empirical Investigation', Applied Financial Economics, Vol. 8, pp. 1-8.
    • (1998) Applied Financial Economics , vol.8 , pp. 1-8
    • Chang, C.E.1    Hasan, I.2    Hunter, W.C.3
  • 27
    • 0344033481 scopus 로고    scopus 로고
    • Bank-based and market-based financial systems: Cross-country comparisons
    • (June, Development Research Group, World Bank, Washington DC, USA)
    • Demirguc-Kunt, A. and R. Levine (1999), 'Bank-Based and Market-Based Financial Systems: Cross-Country Comparisons', Working Paper (June, Development Research Group, World Bank, Washington DC, USA).
    • (1999) Working Paper
    • Demirguc-Kunt, A.1    Levine, R.2
  • 28
    • 0002004281 scopus 로고
    • Industry structure, market rivalry, and public policy
    • Demsetz, H. (1973), 'Industry Structure, Market Rivalry, and Public Policy', Journal of Law and Economics, Vol. 16, pp. 1-9.
    • (1973) Journal of Law and Economics , vol.16 , pp. 1-9
    • Demsetz, H.1
  • 29
    • 0010782336 scopus 로고
    • Fee-based services and cost efficiency in commercial banks
    • Federal Reserve Bank of Chicago, May
    • DeYoung, R. (1994), Fee-based Services and Cost Efficiency in Commercial Banks. Federal Reserve Bank of Chicago, Proceedings: Conference on bank structure and competition (May).
    • (1994) Proceedings: Conference on Bank Structure and Competition
    • DeYoung, R.1
  • 30
    • 0032330047 scopus 로고    scopus 로고
    • Management quality and X-efficiency in national banks
    • - (1998), 'Management Quality and X-efficiency in National Banks', Journal of Financial Services Research, Vol. 13, pp. 5-22.
    • (1998) Journal of Financial Services Research , vol.13 , pp. 5-22
  • 31
    • 0000110390 scopus 로고    scopus 로고
    • The performance of de novo commercial banks: A profit efficiency approach
    • - and I. Hasan (1998), 'The Performance of De Novo Commercial Banks: A Profit Efficiency Approach', Journal of Banking and Finance, Vol. 22, pp. 565-87.
    • (1998) Journal of Banking and Finance , vol.22 , pp. 565-587
    • Hasan, I.1
  • 32
    • 0040456893 scopus 로고    scopus 로고
    • Foreign-owned banks in the US: Earning market share or buying it?
    • - and D. Nolle (1996), 'Foreign-owned Banks in the US: Earning Market Share or Buying it? Journal of Money, Credit, and Banking, Vol. 28, pp. 622-36.
    • (1996) Journal of Money, Credit, and Banking , vol.28 , pp. 622-636
    • Nolle, D.1
  • 33
    • 77951889105 scopus 로고    scopus 로고
    • An empirical analysis of the informativeness of programming and SFA efficiency scores: Efficiency and bank performance
    • (April, University of North Carolina, Chapel Hill, NC, USA)
    • Eisenbeis, R.A., G.D. Ferrier and S.H. Kwan (1996), 'An Empirical Analysis of the Informativeness of Programming and SFA Efficiency Scores: Efficiency and Bank Performance', Working Paper (April, University of North Carolina, Chapel Hill, NC, USA).
    • (1996) Working Paper
    • Eisenbeis, R.A.1    Ferrier, G.D.2    Kwan, S.H.3
  • 34
    • 44049111970 scopus 로고
    • Productive efficiency performance of minority and nonminority-owned banks: A nonparametric approach
    • Elyasiani, E. and S. Mehdian (1992), 'Productive Efficiency Performance of Minority and Nonminority-Owned Banks: A Nonparametric Approach', Journal of Banking and Finance, Vol. 16, pp. 933-48.
    • (1992) Journal of Banking and Finance , vol.16 , pp. 933-948
    • Elyasiani, E.1    Mehdian, S.2
  • 37
    • 0000806744 scopus 로고
    • Agency problems and the theory of the firm
    • Fama, E. (1980), 'Agency Problems and the Theory of the Firm', Journal of Political Economy, Vol. 88, pp. 288-307.
    • (1980) Journal of Political Economy , vol.88 , pp. 288-307
    • Fama, E.1
  • 38
    • 0000172445 scopus 로고
    • Separation of ownership and control
    • - and M.C. Jensen (1983), 'Separation of Ownership and Control', Journal of Law and Economics, Vol. 26, pp. 301-25.
    • (1983) Journal of Law and Economics , vol.26 , pp. 301-325
    • Jensen, M.C.1
  • 39
    • 38249003143 scopus 로고
    • Economies of diversification in the banking industry: A frontier approach
    • Ferrier, G., S. Grosskoph., K. Hayes and S. Yaisawarng (1993), 'Economies of Diversification in the Banking Industry: A Frontier Approach', Journal of Monetary Economics, Vol. 31, pp. 229-49.
    • (1993) Journal of Monetary Economics , vol.31 , pp. 229-249
    • Ferrier, G.1    Grosskoph., S.2    Hayes, K.3    Yaisawarng, S.4
  • 40
    • 21144461317 scopus 로고
    • An international comparison of scale economies in banking: Evidence from Turkey
    • Fields, J.A., N.B. Murphy and D. Tirtiroglu (1993), 'An International Comparison of Scale Economies in Banking: Evidence from Turkey', Journal of Financial Services Research, Vol. 17, pp. 111-25.
    • (1993) Journal of Financial Services Research , vol.17 , pp. 111-125
    • Fields, J.A.1    Murphy, N.B.2    Tirtiroglu, D.3
  • 41
    • 0039181188 scopus 로고
    • Deregulation and competition in Japanese banking
    • Frankel, A. and P. Morgan (1992), 'Deregulation and Competition in Japanese Banking', Federal Reserve Bulletin, Vol. 78, No. 18, pp. 579-93.
    • (1992) Federal Reserve Bulletin , vol.78 , Issue.18 , pp. 579-593
    • Frankel, A.1    Morgan, P.2
  • 42
    • 0008706954 scopus 로고
    • Comparative cost analysis of foreign owned US banks
    • Goldberg, E. (1982), 'Comparative Cost Analysis of Foreign Owned US Banks', Journal of Bank Research, Vol. 13, pp. 144-59.
    • (1982) Journal of Bank Research , vol.13 , pp. 144-159
    • Goldberg, E.1
  • 43
    • 0000498098 scopus 로고
    • Organizational forms in banking: An empirical investigation of cost efficiency
    • Grabowski, R., N. Rangan and R. Rezvanian (1993), 'Organizational Forms in Banking: An Empirical Investigation of Cost Efficiency', Journal of Banking and Finance, Vol. 17, pp. 531-38.
    • (1993) Journal of Banking and Finance , vol.17 , pp. 531-538
    • Grabowski, R.1    Rangan, N.2    Rezvanian, R.3
  • 44
    • 0000328264 scopus 로고
    • The market mechanism as an incentive scheme
    • Hart, O.D. (1983), 'The Market Mechanism as an Incentive Scheme', Bell Journal of Economics, Vol. 14, pp. 366-82.
    • (1983) Bell Journal of Economics , vol.14 , pp. 366-382
    • Hart, O.D.1
  • 45
    • 77951881514 scopus 로고    scopus 로고
    • Development and efficiency of the banking sector in a transitional economy: Hungarian experience
    • (New Jersey Institute of Technology, Newark, NJ)
    • Hasan, I. and K. Marton (2001), 'Development and Efficiency of the Banking Sector in a Transitional Economy: Hungarian Experience', Working Paper (New Jersey Institute of Technology, Newark, NJ).
    • (2001) Working Paper
    • Hasan, I.1    Marton, K.2
  • 46
    • 0001073135 scopus 로고
    • The use of knowledge in society
    • Hayek, F.A. (1945), 'The Use of Knowledge in Society', American Economic Review, Vol. 35, pp. 519-30.
    • (1945) American Economic Review , vol.35 , pp. 519-530
    • Hayek, F.A.1
  • 47
    • 85077555763 scopus 로고
    • The determinants of efficiency and solvency in savings and loans
    • Hermalin, B.E. and N.E. Wallace (1994), 'The Determinants of Efficiency and Solvency in Savings and Loans', Rand Journal of Economics, Vol. 25, pp. 361-81.
    • (1994) Rand Journal of Economics , vol.25 , pp. 361-381
    • Hermalin, B.E.1    Wallace, N.E.2
  • 48
    • 0000875114 scopus 로고
    • Foreign ownership of US banks: Trends and effects
    • Houpt, J. (1983), 'Foreign Ownership of US Banks: Trends and Effects', Journal of Bank Research, Vol. 14, pp. 144-56.
    • (1983) Journal of Bank Research , vol.14 , pp. 144-156
    • Houpt, J.1
  • 50
    • 77951924654 scopus 로고    scopus 로고
    • The relationship of earnings and book values to equity values: Evidence from Turkey
    • (Rowan University, NJ, USA)
    • Isik, I. and A. Anandarajan (2002), 'The Relationship of Earnings and Book Values to Equity Values: Evidence from Turkey', Working Paper (Rowan University, NJ, USA).
    • (2002) Working Paper
    • Isik, I.1    Anandarajan, A.2
  • 51
    • 77951931092 scopus 로고    scopus 로고
    • Financial disruption and bank productivity: The 1994 experience of Turkish banks
    • (Rowan University, NJ, USA)
    • - and M.K. Hassan (2002), 'Financial Disruption and Bank Productivity: The 1994 Experience of Turkish Banks', Working Paper (Rowan University, NJ, USA).
    • (2002) Working Paper
    • Hassan, M.K.1
  • 52
    • 0001146317 scopus 로고
    • Scale economies and cost complementarities in commercial banks: On- and off-balance sheet activities
    • Jagtiani, J., A. Nathan and G. Sick (1995), 'Scale Economies and Cost Complementarities in Commercial Banks: On- and off-balance Sheet Activities', Journal of Banking and Finance, Vol. 19, pp. 1175-89.
    • (1995) Journal of Banking and Finance , vol.19 , pp. 1175-1189
    • Jagtiani, J.1    Nathan, A.2    Sick, G.3
  • 53
    • 21844510809 scopus 로고
    • Short-run cost inefficiency of commercial banks: A flexible stochastic frontier approach
    • Kaparakis, E., S. Miller and A. Noulos (1994), 'Short-Run Cost Inefficiency of Commercial Banks: A Flexible Stochastic Frontier Approach', Journal of Money, Credit, and Banking, Vol. 26, pp. 875-93.
    • (1994) Journal of Money, Credit, and Banking , vol.26 , pp. 875-893
    • Kaparakis, E.1    Miller, S.2    Noulos, A.3
  • 54
    • 0003436840 scopus 로고
    • An analysis of inefficiencies in banking: A stochastic cost frontier approach
    • (December, Federal Reserve Bank of San Francisco)
    • Kwan, S.H. and R. Eisenbeis (1994), 'An Analysis of Inefficiencies in Banking: A Stochastic Cost Frontier Approach', Working Paper (December, Federal Reserve Bank of San Francisco).
    • (1994) Working Paper
    • Kwan, S.H.1    Eisenbeis, R.2
  • 55
  • 56
    • 0002772410 scopus 로고
    • Foreign bank credit to US corporations: The implications of offshore loans
    • Spring
    • McCauley, R.N. and R. Seth (1992), 'Foreign Bank Credit to US Corporations: The Implications of Offshore Loans', Federal Reserve Bank of New York, Quarterly Review (Spring), pp. 52-65.
    • (1992) Federal Reserve Bank of New York, Quarterly Review , pp. 52-65
    • McCauley, R.N.1    Seth, R.2
  • 57
    • 0000976473 scopus 로고
    • Efficiency in the savings and loan industry
    • Mester, L.J. (1993), 'Efficiency in the Savings and Loan Industry', Journal of Banking and Finance, Vol. 17, pp. 267-86.
    • (1993) Journal of Banking and Finance , vol.17 , pp. 267-286
    • Mester, L.J.1
  • 58
    • 0030194370 scopus 로고    scopus 로고
    • A study of bank efficiency taking into account risk-preferences
    • - (1996), 'A Study of Bank Efficiency Taking into Account Risk- Preferences', Journal of Banking and Finance, Vol. 20, 1025-45.
    • (1996) Journal of Banking and Finance , vol.20 , pp. 1025-1045
  • 59
    • 0030118357 scopus 로고    scopus 로고
    • The technical efficiency of large bank production
    • Miller, S.M. and A.G. Noulas (1996), 'The Technical Efficiency of Large Bank Production', Journal of Banking and Finance, Vol. 20, pp. 495-509.
    • (1996) Journal of Banking and Finance , vol.20 , pp. 495-509
    • Miller, S.M.1    Noulas, A.G.2
  • 61
    • 0040954211 scopus 로고
    • The concept of etatism
    • Okyar, O. (1965), 'The Concept of Etatism', The Economic Journal, Vol. 75, pp. 98-111.
    • (1965) Economic Journal , vol.75 , pp. 98-111
    • Okyar, O.1
  • 62
    • 0025444691 scopus 로고
    • An empirical study on measuring operating efficiency and profitability of bank branches
    • Oral, M. and R. Yolalan (1990), 'An Empirical Study on Measuring Operating Efficiency and Profitability of Bank Branches', European Journal of Operational Research, Vol. 46, pp. 282-94.
    • (1990) European Journal of Operational Research , vol.46 , pp. 282-294
    • Oral, M.1    Yolalan, R.2
  • 63
    • 0040028830 scopus 로고    scopus 로고
    • Evaluating the postmerger X-efficiency and scale efficiency of US banks
    • (Federal Reserve Bank of New York)
    • Peristiani, S. (1996), 'Evaluating the Postmerger X-Efficiency and Scale Efficiency of US Banks', Working Paper (Federal Reserve Bank of New York).
    • (1996) Working Paper
    • Peristiani, S.1
  • 64
    • 38249002928 scopus 로고
    • Corporate control and bank efficiency
    • Pi, L. and S.G. Timme (1993), 'Corporate Control and Bank Efficiency', Journal of Banking and Finance, Vol. 17, pp. 515-30.
    • (1993) Journal of Banking and Finance , vol.17 , pp. 515-530
    • Pi, L.1    Timme, S.G.2
  • 65
    • 0000489311 scopus 로고
    • Estimated parameters as dependent variables
    • Saxonhouse, G.R. (1976), 'Estimated Parameters as Dependent Variables', The American Economic Review, Vol. 66, pp. 178-83.
    • (1976) The American Economic Review , vol.66 , pp. 178-183
    • Saxonhouse, G.R.1
  • 66
    • 0002646969 scopus 로고
    • Economic rationales for the scope of privatization
    • (Woodrow Wilson School, Princeton University)
    • Shapiro, C. and R. Willig (1990), 'Economic Rationales for the Scope of Privatization', Olin Program Discussion Paper 41 (Woodrow Wilson School, Princeton University).
    • (1990) Olin Program Discussion Paper 41
    • Shapiro, C.1    Willig, R.2
  • 67
    • 0001828136 scopus 로고    scopus 로고
    • Rethinking bank efficiency and regulation: How off-balance-sheet activities make a difference
    • December
    • Siems, T.F. and J.A. Clark (1997), 'Rethinking Bank Efficiency and Regulation: How Off-balance-Sheet Activities Make a Difference', Federal Reserve Bank of Dallas Financial Industry Studies (December), pp. 1-11.
    • (1997) Federal Reserve Bank of Dallas Financial Industry Studies , pp. 1-11
    • Siems, T.F.1    Clark, J.A.2
  • 68
    • 0002975110 scopus 로고
    • Evidence on the (Non) Relationship between concentration and profitability in banking
    • Smirlock, M. (1985), 'Evidence on the (Non) Relationship Between Concentration and Profitability in Banking', Journal of Money, Credit and Banking, Vol. 17, pp. 69-83.
    • (1985) Journal of Money, Credit and Banking , vol.17 , pp. 69-83
    • Smirlock, M.1
  • 70
    • 0001268916 scopus 로고
    • US branches and agencies of foreign banks: A new look
    • Board of Governors of the Federal Reserve System
    • Terrel, H. (1993), 'US Branches and Agencies of Foreign Banks: A New Look', Board of Governors of the Federal Reserve System. Federal Reserve Bulletin, Vol. 79 (October), pp. 913-25.
    • (1993) Federal Reserve Bulletin , vol.79 , Issue.OCTOBER , pp. 913-925
    • Terrel, H.1
  • 71
    • 0004318448 scopus 로고
    • On the use of a direct measure of efficiency in testing structure-performance relationship in US commercial banking
    • (Georgia State University)
    • Timme, S. and W. Yang (1991), 'On the Use of a Direct Measure of Efficiency in Testing Structure-Performance Relationship in US Commercial Banking', Working Paper (Georgia State University).
    • (1991) Working Paper
    • Timme, S.1    Yang, W.2
  • 72
    • 0039181181 scopus 로고
    • The consequences of regulatory discretion in implementing the basle accord: Capital market evidence
    • Paper presented at
    • Wagster, J., K. Cooper and J. Kolari (1994), 'The Consequences of Regulatory Discretion in Implementing the Basle Accord: Capital Market Evidence' (Paper presented at the Eastern Finance Association meetings).
    • (1994) The Eastern Finance Association Meetings
    • Wagster, J.1    Cooper, K.2    Kolari, J.3
  • 73
    • 0001820746 scopus 로고
    • A proportional hazards model of bank failure: An examination of its usefulness as an early warning tool
    • Quarter 1
    • Whalen, G. (1991), 'A Proportional Hazards Model of Bank Failure: An Examination of Its Usefulness as an Early Warning Tool', Federal Reserve Bank of Cleveland Economic Review, Quarter 1.
    • (1991) Federal Reserve Bank of Cleveland Economic Review
    • Whalen, G.1
  • 74
    • 0029500043 scopus 로고
    • Explaining bank failures: Deposit insurance, regulation and efficiency
    • Wheelock, D.C. and P.W. Wilson (1995), 'Explaining Bank Failures: Deposit Insurance, Regulation and Efficiency', Review of Economics and Statistics, Vol. 77, pp. 689-700.
    • (1995) Review of Economics and Statistics , vol.77 , pp. 689-700
    • Wheelock, D.C.1    Wilson, P.W.2
  • 75
    • 0033445455 scopus 로고    scopus 로고
    • Technical progress, inefficiency, and productivity change in US banking, 1984-1993
    • - (1999), 'Technical Progress, Inefficiency, and Productivity Change in US Banking, 1984-1993', Journal of Money, Credit, and Banking, Vol. 31, pp. 212-34.
    • (1999) Journal of Money, Credit, and Banking , vol.31 , pp. 212-234
  • 76
    • 0000095552 scopus 로고
    • A heteroscedasticity consistent covariance matrix estimator and a direct test of heteroscedasticity
    • White, H. (1980), 'A Heteroscedasticity Consistent Covariance Matrix Estimator and a Direct Test of Heteroscedasticity', Econometrica, Vol. 48, pp. 817-18.
    • (1980) Econometrica , vol.48 , pp. 817-818
    • White, H.1
  • 77
    • 84963486948 scopus 로고
    • The effect of financial liberalization on the efficiency of Turkish commercial banks
    • Zaim, O. (1995), 'The Effect of Financial Liberalization on the Efficiency of Turkish Commercial Banks', Applied Financial Economics, Vol. 5, pp. 257-64.
    • (1995) Applied Financial Economics , vol.5 , pp. 257-264
    • Zaim, O.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.