메뉴 건너뛰기




Volumn 22, Issue 4, 2011, Pages 323-342

Relative profitability and stock market performance of listed commercial banks on the Athens Exchange: A non-parametric approach

Author keywords

commercial banks; data envelopment analysis; Greece; profitability efficiency; stock market performance

Indexed keywords

DATA ENVELOPMENT ANALYSIS; EFFICIENCY; FINANCE; PROFITABILITY;

EID: 80052987445     PISSN: 1471678X     EISSN: 14716798     Source Type: Journal    
DOI: 10.1093/imaman/dpq017     Document Type: Article
Times cited : (20)

References (75)
  • 1
    • 13244255378 scopus 로고    scopus 로고
    • Fundamental analysis of stocks by two-stage DEA
    • DOI 10.1002/mde.1145
    • ABAD, C., THORE, S. A. & LAFFARGA, J. (2004) Fundamental analysis of stocks by two-stage DEA. Manage. Decis. Econ., 25, 231-241. (Pubitemid 40190224)
    • (2004) Managerial and Decision Economics , vol.25 , Issue.5 , pp. 231-241
    • Abad, C.1    Thore, S.A.2    Laffarga, J.3
  • 2
    • 85015618257 scopus 로고    scopus 로고
    • Market value, book value and earnings: Is bank efficiency a missing link? Manage
    • ABUZAYED, B. & MOLYNEUX, P. (2009) Market value, book value and earnings: is bank efficiency a missing link? Manage. Financ., 35, 156-179.
    • (2009) Financ. , vol.35 , pp. 156-179
    • Abuzayed, B.1    Molyneux, P.2
  • 3
    • 0037118760 scopus 로고    scopus 로고
    • Review of ranking methods in the data envelopment analysis context
    • DOI 10.1016/S0377-2217(02)00068-1, PII S0377221702000681
    • ADLER, N., FRIEDMAN, L. & SINUANY-STERN, Z. (2002) Review of ranking methods in the data envelopment analysis context. Eur. J. Oper. Res., 140, 249-265. (Pubitemid 34435032)
    • (2002) European Journal of Operational Research , vol.140 , Issue.2 , pp. 249-265
    • Adler, N.1    Friedman, L.2    Sinuany-Stern, Z.3
  • 4
    • 49449120922 scopus 로고
    • Formulation and estimation of stochastic frontier models
    • AIGNER, D. J., LOVELL, C. A. K. & SCHMIDT, P. (1977) Formulation and estimation of stochastic frontier models. J. Econ., 6, 21-37.
    • (1977) J. Econ. , vol.6 , pp. 21-37
    • Aigner, D.J.1    Lovell, C.A.K.2    Schmidt, P.3
  • 5
    • 0345304895 scopus 로고    scopus 로고
    • Implementing and interpreting a data envelopment analysis model to assess the efficiency of health systems in developing countries
    • ALEXANDER, C. A., BUSCH, G. & STRINGER, K. (2003) Implementing and interpreting a data envelopment analysis model to assess the efficiency of health systems in developing countries. IMA J. Manage. Math., 14, 49-63.
    • (2003) IMA J. Manage. Math. , vol.14 , pp. 49-63
    • Alexander, C.A.1    Busch, G.2    Stringer, K.3
  • 6
    • 84899662443 scopus 로고    scopus 로고
    • The efficiency of the Greek banking system and its determinants
    • ASIMAKOPOULOS, I. G., BRISSSIMIS, S. N. & DELIS, M. D. (2008) The efficiency of the Greek banking system and its determinants. Econ. Bull., 30, 7-27.
    • (2008) Econ. Bull. , vol.30 , pp. 7-27
    • Asimakopoulos, I.G.1    Brisssimis, S.N.2    Delis, M.D.3
  • 7
    • 36949039231 scopus 로고    scopus 로고
    • Estimation and decomposition of cost efficiency in the health care food service sector: An extended stochastic frontier approach
    • DOI 10.1093/imaman/dpm030
    • ASSAF, A. & MATAWIE, K. M. (2008) Estimation and decomposition of cost efficiency in the health care food service sector: an extended stochastic frontier approach. IMA J. Manage. Math., 19, 75-86. (Pubitemid 350237036)
    • (2008) IMA Journal Management Mathematics , vol.19 , Issue.1 , pp. 75-86
    • Assaf, A.1    Matawie, K.M.2
  • 9
    • 33747783892 scopus 로고    scopus 로고
    • Developing foreign bank efficiency models for DEA grounded in finance theory
    • DOI 10.1016/j.seps.2004.10.006, PII S0038012105000200
    • AVKIRAN, N. K. (2006) Developing foreign bank efficiency models for DEA grounded in finance theory. Socioecon. Plann. Sci., 40, 275-296. (Pubitemid 44276316)
    • (2006) Socio-Economic Planning Sciences , vol.40 , Issue.4 , pp. 275-296
    • Avkiran, N.K.1
  • 10
    • 0021497874 scopus 로고
    • Models for estimating technical and scale efficiencies in data envelopment analysis
    • BANKER, R. D., CHARNES, A. & COOPER, W. W. (1984) Models for estimating technical and scale efficiencies in data envelopment analysis. Manage. Sci., 30, 1078-1092. (Pubitemid 14651320)
    • (1984) Management Science , vol.30 , Issue.9 , pp. 1078-1092
    • Banker, R.D.1    Charnes, A.2    Cooper, W.W.3
  • 11
    • 0002315382 scopus 로고    scopus 로고
    • Consistency conditions for regulatory analysis of financial institutions: A comparison of frontier efficiency methods
    • PII S0148619597000726
    • BAUER, P. W., BERGER, A. N., FERRIER, G. D. & HUMPHREY, D. B. (1998) Consistency conditions for regulatory analysis of financial institutions: a comparison of frontier efficiency methods. J. Econ. Bus., 50, 85-114. (Pubitemid 128653654)
    • (1998) Journal of Economics and Business , vol.50 , Issue.2 , pp. 85-114
    • Bauer, P.W.1    Berger, A.N.2    Ferrier, G.D.3    Humphrey, D.B.4
  • 12
    • 33645122567 scopus 로고    scopus 로고
    • Efficiency and stock performance in European banking
    • DOI 10.1111/j.1468-5957.2006.01362.x
    • BECCALLI, E., CASU, B. & GIRAADONE, G. (2006) Efficiency and stock performance in European banking. J. Bus. Financ. Account., 33, 245-262. (Pubitemid 43439359)
    • (2006) Journal of Business Finance and Accounting , vol.33 , Issue.1-2 , pp. 245-262
    • Beccalli, E.1    Casu, B.2    Girardone, C.3
  • 13
    • 0033239130 scopus 로고    scopus 로고
    • Efficiency, size, benchmarks and targets for bank branches: An application of data envelopment analysis
    • CAMANHO, A. S. & DYSON, R. G. (1999) Efficiency, size, benchmarks and targets for bank branches: an application of data envelopment analysis. J. Oper. Res. Soc., 50, 903-915.
    • (1999) J. Oper. Res. Soc. , vol.50 , pp. 903-915
    • Camanho, A.S.1    Dyson, R.G.2
  • 14
    • 34250137184 scopus 로고
    • A developmental study of data envelopment analysis in measuring the efficiency of maintenance units in the U.S
    • CHARNES, A., CLARK, C. T., COOPER, W. W. & GOLANY, B. (1985) A developmental study of data envelopment analysis in measuring the efficiency of maintenance units in the U.S. air forces. Ann. Oper. Res, 2, 95-112.
    • (1985) Air Forces. Ann. Oper. Res , vol.2 , pp. 95-112
    • Charnes, A.1    Clark, C.T.2    Cooper, W.W.3    Golany, B.4
  • 18
    • 70349728468 scopus 로고    scopus 로고
    • Deriving the DEA frontier for two-stage processes
    • CHEN, Y., COOK, W. D. & ZHU, J. (2010) Deriving the DEA frontier for two-stage processes. Eur. J. Oper. Res., 202, 138-142.
    • (2010) Eur. J. Oper. Res. , vol.202 , pp. 138-142
    • Chen, Y.1    Cook, W.D.2    Zhu, J.3
  • 19
    • 70449625063 scopus 로고    scopus 로고
    • Efficiency and productivity of Greek banks in the EMU era'
    • CHORTAREAS, G. E., GIRARDONE, C. & VENTOURI, A. (2009) Efficiency and productivity of Greek banks in the EMU era'. Appl. Financ. Econ., 19, 1317-1328.
    • (2009) Appl. Financ. Econ. , vol.19 , pp. 1317-1328
    • Chortareas, G.E.1    Girardone, C.2    Ventouri, A.3
  • 20
    • 0040678172 scopus 로고    scopus 로고
    • Share performance and profit efficiency of banks in an oligopolistic market: Evidence from Singapore
    • PII S1042444X98000255
    • CHU, S. & LIM, G. (1998) Share performance and profit efficiency of banks in an oligopolistic market: evidence from Singapore. J. Multinat. Financ. Manage., 8, 155-168. (Pubitemid 128339872)
    • (1998) Journal of Multinational Financial Management , vol.8 , Issue.2-3 , pp. 155-168
    • Chu, S.F.1    Lim, G.H.2
  • 23
    • 58849130146 scopus 로고    scopus 로고
    • Evaluating cost and profit efficiency: A comparison of parametric and nonparametric methodologies
    • DELIS, M. D., KOUTSOMANOLI-FILLIPAKI, K., STAIKOURAS, C. K. & GEROGIANNAKI, K. (2009) Evaluating cost and profit efficiency: a comparison of parametric and nonparametric methodologies. Appl. Financ. Econ., 19, 191-202.
    • (2009) Appl. Financ. Econ. , vol.19 , pp. 191-202
    • Delis, M.D.1    Koutsomanoli-Fillipaki, K.2    Staikouras, C.K.3    Gerogiannaki, K.4
  • 25
    • 0002344794 scopus 로고
    • Bootstrap methods: Another look at the Jackknife
    • EFRON, B. (1979) Bootstrap methods: another look at the Jackknife. Ann. Stat., 7, 1-26.
    • (1979) Ann. Stat. , vol.7 , pp. 1-26
    • Efron, B.1
  • 26
    • 71649104674 scopus 로고    scopus 로고
    • Assessing bank efficiency and performance with operational research and artificial intelligence techniques: A survey
    • FETHI, M. D. & PASIOURAS, F. (2010) Assessing bank efficiency and performance with operational research and artificial intelligence techniques: a survey. Eur. J. Oper. Res., 204, 189-198.
    • (2010) Eur. J. Oper. Res. , vol.204 , pp. 189-198
    • Fethi, M.D.1    Pasiouras, F.2
  • 28
    • 40649126354 scopus 로고    scopus 로고
    • Assessing the efficiency in operations of a large Greek bank branch network adopting different economic behaviors
    • GIOKAS, D. I. (2008) Assessing the efficiency in operations of a large Greek bank branch network adopting different economic behaviors. Econ. Model., 25, 559-574.
    • (2008) Econ. Model. , vol.25 , pp. 559-574
    • Giokas, D.I.1
  • 29
    • 26444613404 scopus 로고    scopus 로고
    • Multilevel flexible specification of the production function in health economics
    • DOI 10.1093/imaman/dpi017
    • GRASSETTI, L., GORI, E. & MINOTTI, S. C. (2005) Multilevel flexible specification of the production function in health economics. IMA J. Manage. Math., 16, 383-398. (Pubitemid 41417308)
    • (2005) IMA Journal Management Mathematics , vol.16 , Issue.4 , pp. 383-398
    • Grassetti, L.1    Gori, E.2    Minotti, S.C.3
  • 31
    • 2942696478 scopus 로고    scopus 로고
    • Efficiency measurement of the Greek commercial banks with the use of financial ratios: A data development analysis approach
    • HALKOS, G. E. & SALAMOURIS, D. S. (2004) Efficiency measurement of the Greek commercial banks with the use of financial ratios: a data envelopment analysis approach. Manage. Account. Res., 15, 201-224. (Pubitemid 38773454)
    • (2004) Management Accounting Research , vol.15 , Issue.2 , pp. 201-224
    • Halkos, G.E.1    Salamouris, D.S.2
  • 33
    • 23744494239 scopus 로고    scopus 로고
    • Cost income ratio benchmarking in banking: A case study
    • DOI 10.1108/14635770410538772
    • HESS, K. & FRANCIS, G. (2004) Cost income ratio benchmarking in banking: a case study. Benchmarking Int. J., 11, 303-319. (Pubitemid 41137098)
    • (2004) Benchmarking , vol.11 , Issue.3 , pp. 303-319
    • Hess, K.1    Francis, G.2
  • 34
    • 84986099111 scopus 로고    scopus 로고
    • Performance measurement of Taiwan's commercial banks
    • HO, C.-T. & ZHU, D.-S. (2004) Performance measurement of Taiwan's commercial banks. Int. J. Prod. Perform. Manage., 53, 425-434.
    • (2004) Int. J. Prod. Perform. Manage. , vol.53 , pp. 425-434
    • Ho, C.-T.1    Zhu, D.-S.2
  • 35
    • 33847329176 scopus 로고    scopus 로고
    • Second stage DEA: Comparison of approaches for modeling the DEA score
    • HOFF, A. (2007) Second stage DEA: comparison of approaches for modeling the DEA score. Eur. J. Oper. Res., 181, 425-435.
    • (2007) Eur. J. Oper. Res. , vol.181 , pp. 425-435
    • Hoff, A.1
  • 37
    • 34548702436 scopus 로고    scopus 로고
    • Efficiency decomposition in two-stage data envelopment analysis: An application to non-life insurance companies in Taiwan
    • DOI 10.1016/j.ejor.2006.11.041, PII S0377221707000112
    • KAO, C. & HWANG, S.-N. (2008) Efficiency decomposition in two-stage data envelopment analysis: an application to non-life insurance companies in Taiwan. Eur. J. Oper. Res., 185, 418-429. (Pubitemid 47418455)
    • (2008) European Journal of Operational Research , vol.185 , Issue.1 , pp. 418-429
    • Kao, C.1    Hwang, S.-N.2
  • 38
    • 33746769804 scopus 로고    scopus 로고
    • Australian banking efficiency and its relation to stock returns
    • DOI 10.1111/j.1475-4932.2006.00338.x
    • KIRKWOOD, J. & NAHIM, D. (2006) Australian banking efficiency and it's relation to stock return. Econ. Rec., 82, 253-267. (Pubitemid 44165303)
    • (2006) Economic Record , vol.82 , Issue.258 , pp. 253-267
    • Kirkwood, J.1    Nahm, D.2
  • 39
    • 33746077100 scopus 로고    scopus 로고
    • Does size matter? Finding the profitability and marketability benchmark of financial holding companies
    • DOI 10.1142/S0217595906000930
    • LO, S. & LU, W. (2006) Does size matter? Finding the profitability and marketability benchmark of financial holding companies. Asia Pac. J. Oper. Res., 23, 229-246. (Pubitemid 44077318)
    • (2006) Asia-Pacific Journal of Operational Research , vol.23 , Issue.2 , pp. 229-246
    • Lo, S.-F.1    Lu, W.-M.2
  • 40
    • 0038795474 scopus 로고    scopus 로고
    • Evaluating the profitability and marketability efficiency of large banks: An application of data envelopment analysis
    • DOI 10.1016/S0148-2963(01)00293-4, PII S0148296301002934
    • LUO, X. (2003) Evaluating the profitability and marketability efficiency of large banks: an application of data envelopment analysis. J. Bus. Res., 56, 627-635. (Pubitemid 36688438)
    • (2003) Journal of Business Research , vol.56 , Issue.8 , pp. 627-635
    • Luo, X.1
  • 41
    • 0001183404 scopus 로고
    • Efficiency estimation from Cobb-Douglas production functions with composed error
    • MEEUSEN, W. & VAN DEN BROECK, J. (1977) Efficiency estimation from Cobb-Douglas production functions with composed error. Int. Econ. Rev., 18, 435-444.
    • (1977) Int. Econ. Rev. , vol.18 , pp. 435-444
    • Meeusen, W.1    Van Den Broeck, J.2
  • 42
    • 34848852690 scopus 로고    scopus 로고
    • Evaluating the competitive market efficiency of top listed companies in Egypt
    • MOSTAFA, M. M. (2007) Evaluating the competitive market efficiency of top listed companies in Egypt. J. Econ. Stud., 34, 430-452.
    • (2007) J. Econ. Stud. , vol.34 , pp. 430-452
    • Mostafa, M.M.1
  • 43
    • 60849132167 scopus 로고    scopus 로고
    • Modeling the competitive market efficiency of Egyptian companies: A probabilistic neural network analysis
    • MOSTAFA, M. M. (2009) Modeling the competitive market efficiency of Egyptian companies: a probabilistic neural network analysis. Expert Syst. Appl., 36, 8839-8848.
    • (2009) Expert Syst. Appl. , vol.36 , pp. 8839-8848
    • Mostafa, M.M.1
  • 44
    • 0001600272 scopus 로고    scopus 로고
    • Productivity growth in the Hellenic banking industry: State versus private banks
    • NOULAS, A. G. (1997) Productivity growth in the Hellenic banking industry: state versus private banks. Appl. Financ. Econ., 7, 223-228. (Pubitemid 127439125)
    • (1997) Applied Financial Economics , vol.7 , Issue.3 , pp. 223-228
    • Noulas, A.G.1
  • 45
    • 84859828592 scopus 로고    scopus 로고
    • Deregulation and operating efficiency: The case of the Greek banks
    • NOULAS, A. G. (2001) Deregulation and operating efficiency: the case of the Greek banks. Manage. Financ., 27, 35-47.
    • (2001) Manage. Financ. , vol.27 , pp. 35-47
    • Noulas, A.G.1
  • 46
    • 0025444691 scopus 로고
    • Empirical study on measuring operating efficiency and profitability of bank branches
    • DOI 10.1016/0377-2217(90)90002-S
    • ORAL, M. & YOLALAN, R. (1990) An empirical study on measuring operating efficiency and profitability of bank branches. Eur. J. Oper. Res., 46, 282-294. (Pubitemid 20720809)
    • (1990) European Journal of Operational Research , vol.46 , Issue.3 , pp. 282-294
    • Oral Muhittin1    Yolalan Reha2
  • 47
    • 33745026762 scopus 로고    scopus 로고
    • Assessing bank and bank branch performance-modeling considerations and approaches
    • (W. W. Cooper, L. M. Seiford, J. Zhu eds). Boston, MA: Kluwer Academic Publishers
    • PARADI, J. C., VELA, S. & YANG, Z. (2004) Assessing bank and bank branch performance-modeling considerations and approaches. Handbook on Data Envelopment Analysis (W. W. Cooper, L. M. Seiford, J. Zhu eds). Boston, MA: Kluwer Academic Publishers, pp. 349-400.
    • (2004) Handbook on Data Envelopment Analysis , pp. 349-400
    • Paradi, J.C.1    Vela, S.2    Yang, Z.3
  • 48
    • 47149101499 scopus 로고    scopus 로고
    • Estimating the technical and scale efficiency of Greek commercial banks: The impact of credit risk, off-balance sheet activities, and international operations
    • PASIOURAS, F. (2008a) Estimating the technical and scale efficiency of Greek commercial banks: the impact of credit risk, off-balance sheet activities, and international operations. Res. Int. Bus. Financ., 22, 301-318.
    • (2008) Res. Int. Bus. Financ. , vol.22 , pp. 301-318
    • Pasiouras, F.1
  • 49
    • 38149097721 scopus 로고    scopus 로고
    • International evidence on the impact of regulations and supervision on banks' efficiency: An application of two-stage data envelopment analysis
    • PASIOURAS, F. (2008b). International evidence on the impact of regulations and supervision on banks' efficiency: an application of two-stage data envelopment analysis. Rev. of Quant. Financ. Account., 30, 187-223.
    • (2008) Rev. of Quant. Financ. Account. , vol.30 , pp. 187-223
    • Pasiouras, F.1
  • 50
    • 48249100139 scopus 로고    scopus 로고
    • Bank efficiency and share performance: Evidence from Greece
    • PASIOURAS, F., LIADAKI, A. & ZOPOUNIDIS, C. (2008) Bank efficiency and share performance: evidence from Greece. Appl. Financ. Econ., 18, 1121-1130.
    • (2008) Appl. Financ. Econ. , vol.18 , pp. 1121-1130
    • Pasiouras, F.1    Liadaki, A.2    Zopounidis, C.3
  • 51
    • 43049091258 scopus 로고    scopus 로고
    • Technical efficiency of French retailers
    • PERRIGOT, R. & BARROS, C. P. (2008) Technical efficiency of French retailers. J. Retail. Cons. Serv., 15, 296-305.
    • (2008) J. Retail. Cons. Serv. , vol.15 , pp. 296-305
    • Perrigot, R.1    Barros, C.P.2
  • 52
    • 0031067274 scopus 로고    scopus 로고
    • Evaluating the cost-efficiency of the Italian banking system: What can be learned from the joint application of parametric and non-parametric techniques
    • PII S0378426696000362
    • RESTI, A. (1997) Evaluating the cost-efficiency of the Italian banking system: what can be learned from the joint application of parametric and nonparametric techniques. J. Bank. Financ., 21, 221-250. (Pubitemid 127162200)
    • (1997) Journal of Banking and Finance , vol.21 , Issue.2 , pp. 221-250
    • Resti, A.1
  • 53
    • 34249818998 scopus 로고    scopus 로고
    • Productivity growth in the Greek banking industry: A non-parametric approach
    • REZITIS, A. (2006) Productivity growth in the Greek banking industry: a non-parametric approach. J. Appl. Econ., 9, 119-138.
    • (2006) J. Appl. Econ. , vol.9 , pp. 119-138
    • Rezitis, A.1
  • 54
    • 49049114845 scopus 로고    scopus 로고
    • Evaluating the efficiency of a two-stage production process using data envelopment analysis
    • RHO, S. & AN, J. (2007) Evaluating the efficiency of a two-stage production process using data envelopment analysis. Int. Trans. Oper. Res., 14, 395-410.
    • (2007) Int. Trans. Oper. Res. , vol.14 , pp. 395-410
    • Rho, S.1    An, J.2
  • 55
    • 22644452426 scopus 로고    scopus 로고
    • Assessing the efficiency of public schools using data envelopment analysis and frontier regression
    • RUGGIERO, J. & VITALIANO, D. (1999) Assessing the efficiency of public schools using data envelopment analysis and frontier regression. Contemp. Econ. Policy, 17, 321-331.
    • (1999) Contemp. Econ. Policy , vol.17 , pp. 321-331
    • Ruggiero, J.1    Vitaliano, D.2
  • 56
    • 0025109816 scopus 로고
    • Organizational determinants of efficiency and effectiveness in mental health partial care programs
    • SCHINNAR, A. P., KAMIS-GOULD, E., DELUCIA, N. & ROTHBARD, A. B. (1990) Organizational determinants of efficiency and effectiveness in mental health partial care programs. Health Serv. Res., 25, 387-420. (Pubitemid 20355729)
    • (1990) Health Services Research , vol.25 , Issue.2 , pp. 387-420
    • Schinnar, A.P.1    Kamis-Gould, E.2    Delucia, N.3    Rothbard, A.B.4
  • 57
    • 0033365646 scopus 로고    scopus 로고
    • Profitability and marketability of the top 55 U.S
    • SEIFORD, L. M. & ZHU, J. (1999) Profitability and marketability of the top 55 U.S. commercial banks. Manage. Sci., 45, 1270-1288.
    • (1999) Commercial Banks. Manage. Sci. , vol.45 , pp. 1270-1288
    • Seiford, L.M.1    Zhu, J.2
  • 58
    • 0036794823 scopus 로고    scopus 로고
    • Modeling undesirable factors in efficiency evaluation
    • DOI 10.1016/S0377-2217(01)00293-4, PII S0377221701002934
    • SEIFORD, L. M. & ZHU, J. (2002) Modeling undesirable factors in efficiency evaluation. Eur. J. Oper. Res., 142, 16-20. (Pubitemid 35171675)
    • (2002) European Journal of Operational Research , vol.142 , Issue.1 , pp. 16-20
    • Seiford, L.M.1    Zhu, J.2
  • 59
    • 0037239544 scopus 로고    scopus 로고
    • Two-stage DEA: An application to major league baseball
    • SEXTON, T. R. & LEWIS, H. F. (2003) Two-stage DEA: an application to major league baseball. J. Product. Anal., 19, 227-249.
    • (2003) J. Product. Anal. , vol.19 , pp. 227-249
    • Sexton, T.R.1    Lewis, H.F.2
  • 60
    • 0032649740 scopus 로고    scopus 로고
    • Estimating and bootstrapping Malmquist indices
    • SIMAR, L. & WILSON, P. W. (1999) Estimating and bootstrapping Malmquist indices. Eur. J. Oper. Res., 115, 459-471.
    • (1999) Eur. J. Oper. Res. , vol.115 , pp. 459-471
    • Simar, L.1    Wilson, P.W.2
  • 61
    • 0034393216 scopus 로고    scopus 로고
    • Statistical inference in frontier models: The state of the art
    • SIMAR, L. & WILSON, P. W. (2000) Statistical inference in frontier models: the state of the art. J. Prod. Anal., 13, 49-78.
    • (2000) J. Prod. Anal. , vol.13 , pp. 49-78
    • Simar, L.1    Wilson, P.W.2
  • 62
    • 33748595267 scopus 로고    scopus 로고
    • Estimation and inference in two-stage, semi-parametric models of production processes
    • DOI 10.1016/j.jeconom.2005.07.009, PII S0304407605001594
    • SIMAR, L. & WILSON, P. W. (2007) Estimation and inference in two stage semi-parametric models of production processes. J. Econ., 136, 31-64. (Pubitemid 44380324)
    • (2007) Journal of Econometrics , vol.136 , Issue.1 , pp. 31-64
    • Simar, L.1    Wilson, P.W.2
  • 63
    • 0031499060 scopus 로고    scopus 로고
    • Model misspecification in data envelopment analysis
    • SMITH, P. (1997) Model misspecification in data envelopment analysis. Ann. Oper. Res., 73, 233-252.
    • (1997) Ann. Oper. Res. , vol.73 , pp. 233-252
    • Smith, P.1
  • 64
    • 70449535753 scopus 로고    scopus 로고
    • Corporate governance and firm performance: Evidence from Japanese manufacturing industries after the lost decade
    • SUEYOSHI, T., GOTO, M. & OMI, Y. (2010) Corporate governance and firm performance: Evidence from Japanese manufacturing industries after the lost decade. Eur. J. Oper. Res., 203, 724-736.
    • (2010) Eur. J. Oper. Res. , vol.203 , pp. 724-736
    • Sueyoshi, T.1    Goto, M.2    Omi, Y.3
  • 66
    • 0030498261 scopus 로고    scopus 로고
    • Economies of scale in the US computer industry: An empirical investigation using data envelopment analysis
    • THORE, S. (1996) Economies of scale in the U.S. computer industry: An empirical investigation using data envelopment analysis. J. Evol. Econ., 6, 199-216. (Pubitemid 126172536)
    • (1996) Journal of Evolutionary Economics , vol.6 , Issue.2 , pp. 199-216
    • Thore, S.1
  • 67
    • 0000175291 scopus 로고
    • Estimation of relationships for limited dependent variables
    • TOBIN, J. (1958) Estimation of relationships for limited dependent variables. Econ., 26, 24-36.
    • (1958) Econ. , vol.26 , pp. 24-36
    • Tobin, J.1
  • 68
    • 0037401285 scopus 로고    scopus 로고
    • The performance of the Greek banking system in view of the EMU: Results from a non-parametric approach
    • DOI 10.1016/S0264-9993(01)00101-8, PII S0264999301001018
    • TSIONAS, E. G., LOLOS, S. E. G. & CHRISTOPOULOS, D. K. (2003) The performance of the Greek banking system in view of the EMU: results from a non-parametric approach. Econ. Model., 20, 571-592. (Pubitemid 36357163)
    • (2003) Economic Modelling , vol.20 , Issue.3 , pp. 571-592
    • Tsionas, E.G.1    Lolos, S.E.G.2    Christopoulos, D.K.3
  • 69
    • 77953679005 scopus 로고    scopus 로고
    • Assessing performance in Greek bauxite mining by means of frontier estimation methodologies
    • TSOLAS, I. E. (2010a) Assessing performance in Greek bauxite mining by means of frontier estimation methodologies. IMA J. Manage. Math., 21, 253-265.
    • (2010) IMA J. Manage. Math. , vol.21 , pp. 253-265
    • Tsolas, I.E.1
  • 70
    • 77954227597 scopus 로고    scopus 로고
    • Modeling bank branch profitability and effectiveness by means of DEA
    • TSOLAS, I. E. (2010b) Modeling bank branch profitability and effectiveness by means of DEA. Int. J. Prod. Perform. Manage., 59, 432-451.
    • (2010) Int. J. Prod. Perform. Manage. , vol.59 , pp. 432-451
    • Tsolas, I.E.1
  • 71
    • 80053021222 scopus 로고    scopus 로고
    • Bank branch-level DEA to assess overall efficiency
    • forthcoming
    • TSOLAS, I. E. (2011) Bank branch-level DEA to assess overall efficiency. EuroMed J. Bus., forthcoming.
    • (2011) EuroMed J. Bus.
    • Tsolas, I.E.1
  • 72
    • 0031501336 scopus 로고    scopus 로고
    • Use of Data Envelopment Analysis in assessing Information Technology impact on firm performance
    • WANG, C. H., GOPAL, R. D. & ZIONTS, S. (1997) Use of data envelopment analysis in assessing information technology impact on firm performance. Ann. Oper. Res., 73, 191-213. (Pubitemid 127429205)
    • (1997) Annals of Operations Research , vol.73 , pp. 191-213
    • Wang, C.H.1    Gopal, R.D.2    Zionts, S.3
  • 74
    • 54849425989 scopus 로고    scopus 로고
    • An assessment of operational efficiencies in the UK retail sector
    • YU, W. & RAMANATHAN, R. (2008) An assessment of operational efficiencies in the UK retail sector. Int. J Retail Distrib. Manage., 36, 861-882.
    • (2008) Int. J Retail Distrib. Manage. , vol.36 , pp. 861-882
    • Yu, W.1    Ramanathan, R.2
  • 75
    • 0033900108 scopus 로고    scopus 로고
    • Multi-factor performance measure model with an application to Fortune 500 companies
    • DOI 10.1016/S0377-2217(99)00096-X
    • ZHU, J. (2000) Multi-factor performance measure model with an application to Fortune 500 companies. Eur. J. Oper. Res., 123, 105-124. (Pubitemid 30575855)
    • (2000) European Journal of Operational Research , vol.123 , Issue.1 , pp. 105-124
    • Zhu, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.