메뉴 건너뛰기




Volumn 44, Issue 3, 2015, Pages 265-281

Monitoring bank performance in the presence of risk

Author keywords

Accounting; Banking; CEO turnover; Efficiency; Non performing loans; Risk

Indexed keywords


EID: 84945185359     PISSN: 0895562X     EISSN: 15730441     Source Type: Journal    
DOI: 10.1007/s11123-014-0413-z     Document Type: Article
Times cited : (40)

References (62)
  • 1
  • 2
    • 14944351027 scopus 로고    scopus 로고
    • Productivity change, technical progress, and relative efficiency change in the public accounting industry
    • Banker R, Chang H, Natarajan R (2005) Productivity change, technical progress, and relative efficiency change in the public accounting industry. Manage Sci 51(2):291–304
    • (2005) Manage Sci , vol.51 , Issue.2 , pp. 291-304
    • Banker, R.1    Chang, H.2    Natarajan, R.3
  • 3
    • 77952671754 scopus 로고    scopus 로고
    • Differential impact of Korean banking system reforms on bank productivity
    • Banker R, Chang H, Lee SY (2010) Differential impact of Korean banking system reforms on bank productivity. J Bank Financ 34(7):1450–1460
    • (2010) J Bank Financ , vol.34 , Issue.7 , pp. 1450-1460
    • Banker, R.1    Chang, H.2    Lee, S.Y.3
  • 4
    • 79957559147 scopus 로고    scopus 로고
    • The technical efficiency of the Japanese banks: non-radial directional performance measurement with undesirable output
    • Barros CP, Managi S, Matousek R (2012) The technical efficiency of the Japanese banks: non-radial directional performance measurement with undesirable output. Omega 40(1):1–8
    • (2012) Omega , vol.40 , Issue.1 , pp. 1-8
    • Barros, C.P.1    Managi, S.2    Matousek, R.3
  • 6
    • 0031161387 scopus 로고    scopus 로고
    • Problem loans and cost efficiency in commercial banks
    • Berger AN, DeYoung R (1997) Problem loans and cost efficiency in commercial banks. J Bank Finance 21(6):849–870
    • (1997) J Bank Finance , vol.21 , Issue.6 , pp. 849-870
    • Berger, A.N.1    DeYoung, R.2
  • 7
    • 0000786043 scopus 로고    scopus 로고
    • The efficiency of financial institutions: international survey and directions for future research
    • Berger AN, Humphrey DB (1997) The efficiency of financial institutions: international survey and directions for future research. Eur J Oper Res 98(2):175–212
    • (1997) Eur J Oper Res , vol.98 , Issue.2 , pp. 175-212
    • Berger, A.N.1    Humphrey, D.B.2
  • 10
    • 0031485202 scopus 로고    scopus 로고
    • A graph type extension of Farrell technical efficiency measure
    • Briec W (1997) A graph type extension of Farrell technical efficiency measure. J Prod Anal 8(1):95–110
    • (1997) J Prod Anal , vol.8 , Issue.1 , pp. 95-110
    • Briec, W.1
  • 12
    • 3042613323 scopus 로고    scopus 로고
    • Aggregate productivity measures
    • Chambers RG, Pope RD (1996) Aggregate productivity measures. Am J Agric Econ 78(5):1360–1365
    • (1996) Am J Agric Econ , vol.78 , Issue.5 , pp. 1360-1365
    • Chambers, R.G.1    Pope, R.D.2
  • 13
    • 34250137184 scopus 로고
    • A developmental study of data envelopment analysis in measuring the efficiency of maintenance units in the US air forces
    • Charnes A, Clark CT, Cooper WW, Golany B (1984) A developmental study of data envelopment analysis in measuring the efficiency of maintenance units in the US air forces. Ann Oper Res 2(1):95–112
    • (1984) Ann Oper Res , vol.2 , Issue.1 , pp. 95-112
    • Charnes, A.1    Clark, C.T.2    Cooper, W.W.3    Golany, B.4
  • 14
    • 50849120052 scopus 로고    scopus 로고
    • Data envelopment analysis (DEA)—thirty years on
    • Cook WD, Seiford LM (2009) Data envelopment analysis (DEA)—thirty years on. Eur J Oper Res 192(1):1–17
    • (2009) Eur J Oper Res , vol.192 , Issue.1 , pp. 1-17
    • Cook, W.D.1    Seiford, L.M.2
  • 16
    • 4544230380 scopus 로고    scopus 로고
    • Governance mechanisms in Spanish banks: Does ownership matter?
    • Crespí R, García-Cestona M, Salas V (2004) Governance mechanisms in Spanish banks: Does ownership matter? J Bank Financ 28(10):2311–2330
    • (2004) J Bank Financ , vol.28 , Issue.10 , pp. 2311-2330
    • Crespí, R.1    García-Cestona, M.2    Salas, V.3
  • 17
    • 33747062458 scopus 로고    scopus 로고
    • Financial deregulation and efficiency: an empirical analysis of Indian banks during the post reform period
    • Das A, Ghosh S (2006) Financial deregulation and efficiency: an empirical analysis of Indian banks during the post reform period. Rev Financ Econ 15(3):193–221
    • (2006) Rev Financ Econ , vol.15 , Issue.3 , pp. 193-221
    • Das, A.1    Ghosh, S.2
  • 18
    • 55149092762 scopus 로고    scopus 로고
    • Corporate governance in banking: the role of the board of directors
    • De Andres P, Vallelado E (2008) Corporate governance in banking: the role of the board of directors. J Bank Financ 32(12):2570–2580
    • (2008) J Bank Financ , vol.32 , Issue.12 , pp. 2570-2580
    • De Andres, P.1    Vallelado, E.2
  • 19
    • 84993897491 scopus 로고
    • Firm performance changes following top management dismissals
    • Denis DJ, Denis DK (1995) Firm performance changes following top management dismissals. J Financ 50(4):1029–1057
    • (1995) J Financ , vol.50 , Issue.4 , pp. 1029-1057
    • Denis, D.J.1    Denis, D.K.2
  • 20
    • 0000172445 scopus 로고
    • Separation of ownership and control
    • Fama E, Jensen M (1983) Separation of ownership and control. J Law Econ 26(2):301–325
    • (1983) J Law Econ , vol.26 , Issue.2 , pp. 301-325
    • Fama, E.1    Jensen, M.2
  • 22
  • 23
    • 0742321672 scopus 로고    scopus 로고
    • Impact of firm performance expectations on CEO turnover and replacement decisions
    • Farrell KA, Whidbee DA (2003) Impact of firm performance expectations on CEO turnover and replacement decisions. J Account Econ 36(1–3):165–196
    • (2003) J Account Econ , vol.36 , Issue.1-3 , pp. 165-196
    • Farrell, K.A.1    Whidbee, D.A.2
  • 24
    • 71649104674 scopus 로고    scopus 로고
    • Assessing bank efficiency and performance with operational research and artificial intelligence techniques: a survey
    • Fethi MD, Pasiouras F (2010) Assessing bank efficiency and performance with operational research and artificial intelligence techniques: a survey. Eur J Oper Res 204(2):189–198
    • (2010) Eur J Oper Res , vol.204 , Issue.2 , pp. 189-198
    • Fethi, M.D.1    Pasiouras, F.2
  • 25
    • 77952550450 scopus 로고    scopus 로고
    • A slacks-based inefficiency measure for a two-stage system with bad outputs
    • Fukuyama H, Weber WL (2010) A slacks-based inefficiency measure for a two-stage system with bad outputs. Omega 38(5):398–409
    • (2010) Omega , vol.38 , Issue.5 , pp. 398-409
    • Fukuyama, H.1    Weber, W.L.2
  • 28
    • 0004296209 scopus 로고    scopus 로고
    • Upper Saddler River, New Jersey
    • Greene W (2003) Econometric analysis, 5th edn. Upper Saddler River, New Jersey
    • (2003) Econometric analysis
    • Greene, W.1
  • 29
  • 30
    • 0348194856 scopus 로고    scopus 로고
    • Endogenously chosen boards of directors and their monitoring of the CEO
    • Hermalin B, Weisbach M (1998) Endogenously chosen boards of directors and their monitoring of the CEO. Am Econ Rev 88(1):96–118
    • (1998) Am Econ Rev , vol.88 , Issue.1 , pp. 96-118
    • Hermalin, B.1    Weisbach, M.2
  • 31
    • 0012583968 scopus 로고    scopus 로고
    • Board of directors as an endogenously determined institution: a survey of the economic literature
    • Hermalin B, Weisbach M (2003) Board of directors as an endogenously determined institution: a survey of the economic literature. FRBNY Econ Policy Rev 9(1):7–26
    • (2003) FRBNY Econ Policy Rev , vol.9 , Issue.1 , pp. 7-26
    • Hermalin, B.1    Weisbach, M.2
  • 32
    • 77952675328 scopus 로고    scopus 로고
    • First financial restructuring and operating efficiency: evidence from Taiwanese commercial banks
    • Hsiao HC, Chang H, Cianci AM, Huang LH (2010) First financial restructuring and operating efficiency: evidence from Taiwanese commercial banks. J Bank Financ 34(7):1461–1471
    • (2010) J Bank Financ , vol.34 , Issue.7 , pp. 1461-1471
    • Hsiao, H.C.1    Chang, H.2    Cianci, A.M.3    Huang, L.H.4
  • 33
    • 0032286434 scopus 로고    scopus 로고
    • Bank capitalization and cost: evidence of scale economies in risk management and signalling
    • Hughes JP, Mester LJ (1998) Bank capitalization and cost: evidence of scale economies in risk management and signalling. Rev Econ Stat 80(2):314–325
    • (1998) Rev Econ Stat , vol.80 , Issue.2 , pp. 314-325
    • Hughes, J.P.1    Mester, L.J.2
  • 34
    • 0040331678 scopus 로고    scopus 로고
    • Internal monitoring mechanisms and CEO turnover: a long-term perspective
    • Huson MR, Parrino R, Starks LT (2001) Internal monitoring mechanisms and CEO turnover: a long-term perspective. J Financ 56(6):2265–2297
    • (2001) J Financ , vol.56 , Issue.6 , pp. 2265-2297
    • Huson, M.R.1    Parrino, R.2    Starks, L.T.3
  • 35
    • 7444234268 scopus 로고    scopus 로고
    • Managerial succession and firm performance
    • Huson MR, Malatesta P, Parrino R (2004) Managerial succession and firm performance. J Financ Econ 74(2):237–275
    • (2004) J Financ Econ , vol.74 , Issue.2 , pp. 237-275
    • Huson, M.R.1    Malatesta, P.2    Parrino, R.3
  • 36
    • 70349510748 scopus 로고    scopus 로고
    • The effects of geographic expansion on the productivity of Spanish savings banks
    • Illueca M, Pastor JM, Tortosa-Ausina E (2009) The effects of geographic expansion on the productivity of Spanish savings banks. J Prod Anal 32(2):119–143
    • (2009) J Prod Anal , vol.32 , Issue.2 , pp. 119-143
    • Illueca, M.1    Pastor, J.M.2    Tortosa-Ausina, E.3
  • 37
    • 84945181405 scopus 로고    scopus 로고
    • Costa Rica: financial system stability assessment
    • International Monetary Fund (IMF) (2003) Costa Rica: financial system stability assessment. IMF country report no. 03/103
    • (2003) IMF country report no , vol.3 , Issue.103
  • 38
    • 84945202530 scopus 로고    scopus 로고
    • Costa Rica: selected issues
    • International Monetary Fund (IMF) (2013) Costa Rica: selected issues. IMF country report no. 13/80
    • (2013) IMF country report no , vol.13 , Issue.80
  • 39
    • 84993848601 scopus 로고
    • Presidential address: the modern industrial revolution, exit and the failure of internal control systems
    • Jensen M (1993) Presidential address: the modern industrial revolution, exit and the failure of internal control systems. J Financ 48(3):831–880
    • (1993) J Financ , vol.48 , Issue.3 , pp. 831-880
    • Jensen, M.1
  • 41
    • 32144456454 scopus 로고    scopus 로고
    • Environmentally sensitive productivity growth: a global analysis using Malmquist–Luenberger index
    • Kumar S (2006) Environmentally sensitive productivity growth: a global analysis using Malmquist–Luenberger index. Ecol Econ 56(2):280–293
    • (2006) Ecol Econ , vol.56 , Issue.2 , pp. 280-293
    • Kumar, S.1
  • 42
    • 0038893697 scopus 로고    scopus 로고
    • Technological change, technological catch-up and capital deepening: relative contributions to growth and convergence
    • Kumar S, Russell R (2002) Technological change, technological catch-up and capital deepening: relative contributions to growth and convergence. Am Econ Rev 92(3):527–548
    • (2002) Am Econ Rev , vol.92 , Issue.3 , pp. 527-548
    • Kumar, S.1    Russell, R.2
  • 43
    • 29144517458 scopus 로고    scopus 로고
    • Weak disposability in nonparametric productivity analysis with undesirable outputs
    • Kuosmanen T (2005) Weak disposability in nonparametric productivity analysis with undesirable outputs. Am J Agric Econ 87(4):1077–1082
    • (2005) Am J Agric Econ , vol.87 , Issue.4 , pp. 1077-1082
    • Kuosmanen, T.1
  • 44
    • 60649119880 scopus 로고    scopus 로고
    • Weak disposability in nonparametric production analysis: reply to Färe and Grosskopf
    • Kuosmanen T, Podinovski VV (2009) Weak disposability in nonparametric production analysis: reply to Färe and Grosskopf. Am J Agric Econ 91(2):539–545
    • (2009) Am J Agric Econ , vol.91 , Issue.2 , pp. 539-545
    • Kuosmanen, T.1    Podinovski, V.V.2
  • 45
    • 67849124158 scopus 로고    scopus 로고
    • Bank governance, regulation and risk taking
    • Laeven L, Levine R (2009) Bank governance, regulation and risk taking. J Financ Econ 93(2):259–275
    • (2009) J Financ Econ , vol.93 , Issue.2 , pp. 259-275
    • Laeven, L.1    Levine, R.2
  • 46
    • 77953481379 scopus 로고    scopus 로고
    • Effects of litigation risk on board oversight and CEO incentive pay
    • Laux V (2010) Effects of litigation risk on board oversight and CEO incentive pay. Manage Sci 56(6):938–948
    • (2010) Manage Sci , vol.56 , Issue.6 , pp. 938-948
    • Laux, V.1
  • 47
    • 77952675701 scopus 로고    scopus 로고
    • The impact of non-traditional activities on the estimation of bank efficiency: international evidence
    • Lozano-Vivas A, Pasiouras F (2010) The impact of non-traditional activities on the estimation of bank efficiency: international evidence. J Bank Financ 34(7):1436–1449
    • (2010) J Bank Financ , vol.34 , Issue.7 , pp. 1436-1449
    • Lozano-Vivas, A.1    Pasiouras, F.2
  • 48
    • 0344145796 scopus 로고    scopus 로고
    • The corporate governance of banks
    • Macey J, O’Hara M (2003) The corporate governance of banks. FRBNY Econ Policy Rev 9(1):91–107
    • (2003) FRBNY Econ Policy Rev , vol.9 , Issue.1 , pp. 91-107
    • Macey, J.1    O’Hara, M.2
  • 49
    • 0001326732 scopus 로고
    • Resolving the scale efficiency puzzle in banking
    • McAllister PH, McManus D (1993) Resolving the scale efficiency puzzle in banking. J Bank Financ 17(2–3):389–405
    • (1993) J Bank Financ , vol.17 , Issue.2-3 , pp. 389-405
    • McAllister, P.H.1    McManus, D.2
  • 50
    • 33745992969 scopus 로고    scopus 로고
    • A note on efficiency and productivity growth in the Korean banking industry, 1992–2002
    • Park KH, Weber WL (2006) A note on efficiency and productivity growth in the Korean banking industry, 1992–2002. J Bank Financ 30(8):2371–2386
    • (2006) J Bank Financ , vol.30 , Issue.8 , pp. 2371-2386
    • Park, K.H.1    Weber, W.L.2
  • 51
    • 5444222842 scopus 로고    scopus 로고
    • Selective convexity in DEA models
    • Podinovski VV (2005) Selective convexity in DEA models. Eur J Oper Res 161(2):552–563
    • (2005) Eur J Oper Res , vol.161 , Issue.2 , pp. 552-563
    • Podinovski, V.V.1
  • 52
    • 79952187536 scopus 로고    scopus 로고
    • Modelling weak disposability in data envelopment analysis under relaxed convexity assumptions
    • Podinovski VV, Kuosmanen T (2011) Modelling weak disposability in data envelopment analysis under relaxed convexity assumptions. Eur J Oper Res 211(3):577–585
    • (2011) Eur J Oper Res , vol.211 , Issue.3 , pp. 577-585
    • Podinovski, V.V.1    Kuosmanen, T.2
  • 54
    • 80052344682 scopus 로고    scopus 로고
    • Two-stage DEA: caveat emptor
    • Simar L, Wilson P (2011) Two-stage DEA: caveat emptor. J Prod Anal 36(2):205–218
    • (2011) J Prod Anal , vol.36 , Issue.2 , pp. 205-218
    • Simar, L.1    Wilson, P.2
  • 55
    • 0033196530 scopus 로고    scopus 로고
    • Board structure, ownership, and financial distress in banking firms
    • Simpson G, Gleason A (1999) Board structure, ownership, and financial distress in banking firms. Int Rev Econ Financ 8(3):281–292
    • (1999) Int Rev Econ Financ , vol.8 , Issue.3 , pp. 281-292
    • Simpson, G.1    Gleason, A.2
  • 56
    • 79151470745 scopus 로고    scopus 로고
    • Methodological comparison between two unified (operational and environmental) efficiency measurements for environmental assessment
    • Sueyoshi T, Goto M (2011) Methodological comparison between two unified (operational and environmental) efficiency measurements for environmental assessment. Eur J Oper Res 210(3):684–693
    • (2011) Eur J Oper Res , vol.210 , Issue.3 , pp. 684-693
    • Sueyoshi, T.1    Goto, M.2
  • 57
    • 84945202531 scopus 로고    scopus 로고
    • Reglamento para juzgar la situación económica-financiera de las entidades fiscalizadas. Costa Rican Central Bank
    • Superintendent of Banks (SUGEF) (2000) Reglamento para juzgar la situación económica-financiera de las entidades fiscalizadas. Costa Rican Central Bank, Acuerdo SUGEF 24-00
    • (2000) Acuerdo SUGEF , pp. 00-24
  • 58
    • 80052151435 scopus 로고    scopus 로고
    • The effects of loan portfolio concentration on Brazilian banks’ return and risk
    • Tabak BM, Fazio DM, Cajueiro DO (2011) The effects of loan portfolio concentration on Brazilian banks’ return and risk. J Bank Financ 35(11):3065–3076
    • (2011) J Bank Financ , vol.35 , Issue.11 , pp. 3065-3076
    • Tabak, B.M.1    Fazio, D.M.2    Cajueiro, D.O.3
  • 59
    • 0029632441 scopus 로고
    • Non-parametric efficiency, progress and regress measures for panel data: methodological aspects
    • Tulkens H, Vanden Eeckaut P (1995) Non-parametric efficiency, progress and regress measures for panel data: methodological aspects. Eur J Oper Res 80(3):474–499
    • (1995) Eur J Oper Res , vol.80 , Issue.3 , pp. 474-499
    • Tulkens, H.1    Vanden Eeckaut, P.2
  • 61
    • 33847104173 scopus 로고    scopus 로고
    • Restructuring, consolidation and competition in Latin American banking markets
    • Yildirim HS, Philippatos GC (2007) Restructuring, consolidation and competition in Latin American banking markets. J Bank Financ 31(3):629–639
    • (2007) J Bank Financ , vol.31 , Issue.3 , pp. 629-639
    • Yildirim, H.S.1    Philippatos, G.C.2
  • 62
    • 77449149672 scopus 로고    scopus 로고
    • Once an outsider, always an outsider? CEO origin, strategic change, and firm performance
    • COI: 1:CAS:528:DC%2BC3cXhtVWqtrnE
    • Zhang Y, Rajagopalan N (2010) Once an outsider, always an outsider? CEO origin, strategic change, and firm performance. Strateg Manag J 31(3):334–346
    • (2010) Strateg Manag J , vol.31 , Issue.3 , pp. 334-346
    • Zhang, Y.1    Rajagopalan, N.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.