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Details van artikel 36 van 132 gevonden artikelen
| Titel: |
Efficiency in Australian building societies: an econometric cost function approach |
| Auteur: |
Worthington, Andrew C. |
| Verschenen in: |
Applied financial economics |
| Paginering: | Jaargang 8 (1998) nr. 5 pagina's 459-467 |
| Jaar: |
1998-10-01 |
| Inhoud: |
Maximum-likelihood estimates of a stochastic cost frontier function incorporating efficiency effects are obtained for 22 Australian building societies in the period 1992 - 1995. Cost inefficiency scores indicate that building societies' costs were 20% above what could be considered necessary. The results also indicate that capital adequacy restrictions are not a significant influence on the level of inefficiency, though branch and agency networks, asset size, and non-core commercial activities are. At the industry level that there has been an improvement in the level of cost efficiency of Australian building societies during the period in question. |
| Uitgever: |
Routledge |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
Details van artikel 36 van 132 gevonden artikelen
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