Matches in SemOpenAlex for { <https://semopenalex.org/work/W2040536446> ?p ?o ?g. }
- W2040536446 endingPage "101" @default.
- W2040536446 startingPage "81" @default.
- W2040536446 abstract "Investment banks’ core functions expose them to a wide array of risks. This paper analyses cost and profit efficiency for a sample of investment banks for the G7 countries (Canada, France, Germany, Italy, Japan, UK and US) and Switzerland prior to the recent financial crisis. We follow Coelli et al. (J Prod Anal 11:251–273, 1999)’s methodology to adjust the estimated cost and profit efficiency scores for environmental influences including key banks’ risks, bank- and industry- specific factors and macroeconomic conditions. Our evidence suggests that failing to account for environmental factors can considerably bias the efficiency scores for investment banks. Specifically, bank risk-taking factors (including liquidity and capital risk exposures) are found particularly important to accurately assess profit efficiency: i.e. profit efficiency estimates are consistently underestimated without accounting for bank risk-taking. Interestingly, our evidence suggests that size matters for both cost and profit efficiency, however this does not imply that more concentrated markets are more efficient." @default.
- W2040536446 created "2016-06-24" @default.
- W2040536446 creator A5032225236 @default.
- W2040536446 creator A5042365838 @default.
- W2040536446 creator A5042494115 @default.
- W2040536446 date "2011-05-13" @default.
- W2040536446 modified "2023-09-27" @default.
- W2040536446 title "Efficiency and Risk-Taking in Pre-Crisis Investment Banks" @default.
- W2040536446 cites W1489106961 @default.
- W2040536446 cites W1565891126 @default.
- W2040536446 cites W1796771374 @default.
- W2040536446 cites W1966965357 @default.
- W2040536446 cites W1975817721 @default.
- W2040536446 cites W1976017735 @default.
- W2040536446 cites W1977427937 @default.
- W2040536446 cites W1977599451 @default.
- W2040536446 cites W1977845602 @default.
- W2040536446 cites W1990176981 @default.
- W2040536446 cites W2020209696 @default.
- W2040536446 cites W2021918968 @default.
- W2040536446 cites W2024173182 @default.
- W2040536446 cites W2025600365 @default.
- W2040536446 cites W2027503792 @default.
- W2040536446 cites W2033854486 @default.
- W2040536446 cites W2042622628 @default.
- W2040536446 cites W2044108182 @default.
- W2040536446 cites W2048332608 @default.
- W2040536446 cites W2085860749 @default.
- W2040536446 cites W2093850093 @default.
- W2040536446 cites W2106429028 @default.
- W2040536446 cites W2111652331 @default.
- W2040536446 cites W2119246169 @default.
- W2040536446 cites W2121525903 @default.
- W2040536446 cites W2127394494 @default.
- W2040536446 cites W2132612155 @default.
- W2040536446 cites W2141307386 @default.
- W2040536446 cites W2156298452 @default.
- W2040536446 cites W2157836909 @default.
- W2040536446 cites W2160516146 @default.
- W2040536446 cites W2161157490 @default.
- W2040536446 cites W2166384404 @default.
- W2040536446 cites W2319504626 @default.
- W2040536446 cites W3124170885 @default.
- W2040536446 cites W3125843036 @default.
- W2040536446 cites W3125862352 @default.
- W2040536446 cites W3161738265 @default.
- W2040536446 cites W4244677444 @default.
- W2040536446 cites W4301798578 @default.
- W2040536446 doi "https://doi.org/10.1007/s10693-011-0111-1" @default.
- W2040536446 hasPublicationYear "2011" @default.
- W2040536446 type Work @default.
- W2040536446 sameAs 2040536446 @default.
- W2040536446 citedByCount "55" @default.
- W2040536446 countsByYear W20405364462012 @default.
- W2040536446 countsByYear W20405364462013 @default.
- W2040536446 countsByYear W20405364462014 @default.
- W2040536446 countsByYear W20405364462015 @default.
- W2040536446 countsByYear W20405364462016 @default.
- W2040536446 countsByYear W20405364462017 @default.
- W2040536446 countsByYear W20405364462018 @default.
- W2040536446 countsByYear W20405364462019 @default.
- W2040536446 countsByYear W20405364462020 @default.
- W2040536446 countsByYear W20405364462021 @default.
- W2040536446 countsByYear W20405364462022 @default.
- W2040536446 crossrefType "journal-article" @default.
- W2040536446 hasAuthorship W2040536446A5032225236 @default.
- W2040536446 hasAuthorship W2040536446A5042365838 @default.
- W2040536446 hasAuthorship W2040536446A5042494115 @default.
- W2040536446 hasBestOaLocation W20405364462 @default.
- W2040536446 hasConcept C10138342 @default.
- W2040536446 hasConcept C111919701 @default.
- W2040536446 hasConcept C11644782 @default.
- W2040536446 hasConcept C139043278 @default.
- W2040536446 hasConcept C139719470 @default.
- W2040536446 hasConcept C144133560 @default.
- W2040536446 hasConcept C162324750 @default.
- W2040536446 hasConcept C175444787 @default.
- W2040536446 hasConcept C17744445 @default.
- W2040536446 hasConcept C181622380 @default.
- W2040536446 hasConcept C183582576 @default.
- W2040536446 hasConcept C199539241 @default.
- W2040536446 hasConcept C27548731 @default.
- W2040536446 hasConcept C2778300220 @default.
- W2040536446 hasConcept C41008148 @default.
- W2040536446 hasConcept C556758197 @default.
- W2040536446 hasConcept C94625758 @default.
- W2040536446 hasConceptScore W2040536446C10138342 @default.
- W2040536446 hasConceptScore W2040536446C111919701 @default.
- W2040536446 hasConceptScore W2040536446C11644782 @default.
- W2040536446 hasConceptScore W2040536446C139043278 @default.
- W2040536446 hasConceptScore W2040536446C139719470 @default.
- W2040536446 hasConceptScore W2040536446C144133560 @default.
- W2040536446 hasConceptScore W2040536446C162324750 @default.
- W2040536446 hasConceptScore W2040536446C175444787 @default.
- W2040536446 hasConceptScore W2040536446C17744445 @default.
- W2040536446 hasConceptScore W2040536446C181622380 @default.
- W2040536446 hasConceptScore W2040536446C183582576 @default.
- W2040536446 hasConceptScore W2040536446C199539241 @default.