scholarly journals An Empirical Research Survey of the Productivity and Efficiency of the Securities Industry

2021 ◽  
Vol 8 (2) ◽  
pp. 42
Author(s):  
My Tran ◽  
Malcolm Abbott
Keyword(s):  
Economies Of Scale ◽  
Economies Of Scope ◽  
Data Envelopment ◽  
Organisational Structure ◽  
Stochastic Frontiers ◽  
Structure Characteristics ◽  
Research Survey ◽  
Bank Ownership ◽  
Securities Industry ◽  
The Impact

This paper provides a review of the approaches that have been used to evaluate the productivity and efficiency of the securities industry (financial ratios, econometric techniques, data envelopment analysis-DEA, and the estimation of stochastic frontiers). In undertaking this it identifies some of the organisational structure characteristics of securities companies that are associated with high levels of operational efficiency, particularly regarding the impact of regulation, the structure of ownership, and economies of scope and scale. The findings are that from the limited number of studies that have to date been undertaken it appears that the industry does have economies of scale, benefits from deregulation and performs better with foreign and bank ownership.

scholarly journals The Impact of Consolidation and Modernisation on Banking Scale and Scope Economies

2016 ◽  
Vol 8 (5) ◽  
pp. 169 ◽  
Author(s):  
Ali Awdeh ◽  
Chawki EL-Moussawi ◽  
Wafaa Nasser
Keyword(s):  
Economies Of Scale ◽  
Banking Sector ◽  
Maximum Likelihood Method ◽  
Physical Capital ◽  
Likelihood Method ◽  
Economies Of Scope ◽  
Scope Economies ◽  
The Past ◽  
Production Factors ◽  
The Impact

Lebanese banks recorded an enormous increase in size, customers’ base, and products variety over the past two decades, which suggests the development of economies of scale and scope in the Lebanese banking sector. This study aims at testing the presence of these economies of scale and scope in the Lebanese banking sector, particularly over the period 2000-2013. The estimation of a translogarithmic cost function by the maximum likelihood method shows that the Lebanese banks are – in general – characterised by the existence of increasing economies of scale. The analysis of economies of scope also reveals a complementarity between different outputs. Finally, the analysis of price elasticities of demand for production factors shows an important substitutability between labour and physical capital.

scholarly journals Higher Education Costs and the Production of Extension

2005 ◽  
Vol 37 (1) ◽  
pp. 229-236 ◽  
Author(s):  
David N. Laband ◽  
Bernard F. Lentz
Keyword(s):  
Higher Education ◽  
Economies Of Scale ◽  
The United States ◽  
Economies Of Scope ◽  
Extension Services ◽  
Education Costs ◽  
Higher Education Costs ◽  
Cost Implications ◽  
The Impact ◽  
Academic Year

Do cost considerations justify the current structure of production of extension services in which one or more providers exists in virtually all of the contiguous U.S. states? Provision of extension services has sizable cost implications for the host institutions. Yet, to our knowledge, there has been virtually no analysis of the impact of extension on higher education costs. Using academic year 1995–1996 data, we estimate a multiproduct cost function for 1,445 public institutions of higher education in the United States, including 65 that provide extension services. We find evidence of significant economies of scale with respect to the provision of extension services but no evidence of significant economies of scope between the provision of extension and the production of research, undergraduate education, or graduate education.

scholarly journals ’Business at the speed of light’ – the role of time and speed on business strategy

2010 ◽  
pp. 36-39
Author(s):  
Omri Morag ◽  
Károly Barakonyi
Keyword(s):  
Business Strategy ◽  
Economies Of Scale ◽  
Economies Of Scope ◽  
Competitive Advantages ◽  
Global Village ◽  
Strategic Processes ◽  
The World ◽  
Sustainable Competitive Advantages ◽  
The Impact

The article focuses on the importance of the dimension of time and speed in the world of competitive strategy. In today’s global village, businesses struggle with competitors in the industry to achieve sustainable competitive advantages through the creation of economies of scale and/or economies of scope but also to achieve economy of time. In some industries this is one of the key success points for leadership in the competition. The article describes the trends in the area of the impact of time and speed on the world of strategy and presents the main parameters that influence the speed of the implementation of the strategic processes by companies.

Cost Structure and Efficiency of the Credit Departments of the Farmers' Associations in Taiwan

2006 ◽  
Vol 09 (03) ◽  
pp. 385-403 ◽  
Author(s):  
Cheng-Few Lee ◽  
Kehluh Wang ◽  
Ya-Hui Peng
Keyword(s):  
Economies Of Scale ◽  
Negative Impact ◽  
Operational Efficiency ◽  
Cost Structure ◽  
Economies Of Scope ◽  
Data Envelopment ◽  
Frontier Analysis ◽  
Cost Frontier ◽  
Loan Quality ◽  
The Cost

This study addresses the cost structure and operational efficiency of the credit departments of the farmers' associations in Taiwan, adopting both stochastic cost frontier analysis and data envelopment analysis. The factors that influence operational efficiency are also examined. In particular, problems of loan quality are considered to account for the considerable amount of non-performing loans. The results of this study indicate that economies of scale exist. However, the credit departments of the farmers' associations do not benefit from economies of scope. Non-performing loans are associated with a cost increase of approximately 17.6%. Regression analysis verifies that the non-performing loan ratio significantly and negatively influences all indicators of efficiency and that the 1997 Asian financial crisis also has a negative impact on efficiencies.

Impact of merger on efficiency and productivity : a case study of commercial banks in Malaysia

1970 ◽  
Vol 5 (1) ◽  
pp. 77
Author(s):  
Mahadzir Ismail ◽  
Saliza Sulaiman ◽  
Hasni Abdul Rahim ◽  
Nordiana Nordin
Keyword(s):  
Efficiency Score ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Data Envelopment ◽  
Master Plan ◽  
Before And After ◽  
Domestic Banks ◽  
The Impact ◽  
Efficiency And Productivity

The Financial Master Plan (2001- 2010) aims to enhance the capacity of banking industry so that higher effic iency and productivity can be reaped in the future. This study seeks to determine the impact of merger on the efficiency and productivity ofcommercial banks in Malaysia for the period 1995 until 2005. The study uses a non-parametric approach, nam ely DEA (data envelopment analysis?) to estimate the efficiency scores and to construct the Malmquist productivity index. To enable this estimation, three bank inputs and outputs are used. Amongst the findings are those banks exhibit higher efficiency score after the merger and thefo reign banks are more efficient than the local banks. Productivity of the banks is calculated in both periods, before and after the merger: The results show that, it is the local banks that have improved the most after the merger. The main source of productivity is technical change or innovation. The findings support the existing policy of having larger domestic banks in term of size.

scholarly journals Effects of Regional Bank Merger on Small Business Borrowing: Evidence from Japan

2015 ◽  
Vol 7 (11) ◽  
pp. 62
Author(s):  
Hironobu Miyazaki ◽  
Hiroyuki Aman
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Economies Of Scale ◽  
Loan Portfolio ◽  
Small Business Lending ◽  
Borrowing Costs ◽  
Bank Merger ◽  
Regional Bank ◽  
Small Business Loans ◽  
The Impact

This study examines the impact of a regional bank merger in Japan on borrowing by small businesses, focusing on firms that borrow from the acquiring bank, the acquired bank, or both. First, we find that post-merger borrowing costs declined. This result suggests that small borrowers enjoy more favorable post-merger financing conditions because efficiencies from economies of scale lead to lower costs. Second, we<strong> </strong>find that post-merger borrowing costs decline for firms that borrow only from the acquiring or acquired bank, whereas they did not decline for firms that borrow from both. Third, we find that only small business loans to firms that borrow from both the acquiring and acquired banks decrease post-merger. This result suggests that small business lending might decline because of a merged bank’s loan portfolio and lending strategy.

Labour-use Efficiency of Assam Gramin Vikash Bank: Branch- and District-level Analysis

2021 ◽  
pp. 232102222110243
Author(s):  
Mohuya Deb Purkayastha ◽  
Joyeeta Deb ◽  
Ram Pratap Sinha
Keyword(s):  
Efficiency Score ◽  
Significant Variable ◽  
Data Envelopment ◽  
Tobit Regression ◽  
Second Stage ◽  
Time Period ◽  
Use Efficiency ◽  
The Mean ◽  
The Impact ◽  
Observation Period

The present study estimated labour-use efficiency of 48 branches of Assam Gramin Vikash Bank at its branch level, covering three districts of Barak Valley, which falls under Silchar region of the bank for the time period from 2010–2011 to 2017–2018. The study applied data envelopment analysis for estimating labour-use efficiency. In the second stage, the study applied censored Tobit regression for determining the impact of several contextual variables on efficiency. The study reveals that the mean labour-use efficiency score of the selected branches is 76% when averaged for the in-sample branches over the observation period. Results of the Tobit regression identified cluster 2 and total business of the branches as the significant factors for determining efficiency and the number of employees as a significant variable influencing inefficiency. JEL Classifications: G2, G20, G21, J3

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