Show simple item record

dc.contributor.authorShamsuddin, Abulen_US
dc.contributor.authorXiang, Dongen_US
dc.date.accessioned2017-04-04T22:51:16Z
dc.date.available2017-04-04T22:51:16Z
dc.date.issued2012en_US
dc.date.modified2013-06-16T23:46:43Z
dc.identifier.issn00036846en_US
dc.identifier.doi10.1080/00036846.2011.577027en_US
dc.identifier.urihttp://hdl.handle.net/10072/48219
dc.description.abstractThe stochastic frontier analysis is employed to investigate efficiency of publicly listed Australian banks over the period 1985 to 2008. The results suggest that technical, cost and profit efficiency of Australian banks have improved over time. Large banks have attained a higher level of cost efficiency but a lower level of technical efficiency compared to small banks. No substantial difference between the two groups is found in terms of profit efficiency. A panel regression of bank stock return on bank efficiency suggests that an improvement in technical, cost or profit efficiency contributes to the market value of a bank. Thus, the shareholder wealth maximization goal is aligned with the goal of maximizing bank efficiency in the Australian context.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_US
dc.format.extent314160 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglishen_US
dc.language.isoen_US
dc.publisherRoutledgeen_US
dc.publisher.placeUnited Kingdomen_US
dc.relation.ispartofstudentpublicationNen_US
dc.relation.ispartofpagefrom3563en_US
dc.relation.ispartofpageto3572en_US
dc.relation.ispartofissue27en_US
dc.relation.ispartofjournalApplied Economicsen_US
dc.relation.ispartofvolume44en_US
dc.rights.retentionYen_US
dc.subject.fieldofresearchFinancial Economicsen_US
dc.subject.fieldofresearchcode140207en_US
dc.titleDoes bank efficiency matter? Market value relevance of bank efficiency in Australiaen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.rights.copyrightCopyright 2012 Taylor & Francis. This is an electronic version of an article published in Applied Economics, Vol. 44 (47), 2012, pp. 3563-3572. Applied Economicsis available online at: http://www.tandfonline.com with the open URL of your article.en_US
gro.date.issued2012
gro.hasfulltextFull Text


Files in this item

This item appears in the following Collection(s)

  • Journal articles
    Contains articles published by Griffith authors in scholarly journals.

Show simple item record