bstract: The paper analyzes the efficiency and productivity of the Romanian banks from 2006-08. It uses a non-parametric approach, the data envelopment analysis (DEA) to analyze banks’ efficiency. Based on a sample of 15 commercial banks, our findings reveal that although the efficiency of the Romanian commercial banks improved since 2006, the cost efficiency scores are relatively low. Also, ev...

The literature analysing efficiency of financial institutions has enveloped rapidly over the last years. Most studies have focused on the input side analysing input technical and cost efficiency. Only few studies have examined the output side evaluating output technical and revenue efficiency. We know that both sides are relevant when evaluating efficiency of financial institutions. Therefore t...

In multi-division organizations, goal congruence between different divisions and top management is critical to the success of management. In this paper, drawing upon a nonparametric framework to model production technology, we derive a necessary and sufficient condition for a firm with multiple divisions to be goal-congruent, and then extend it to a goal congruence testing measure, which coinci...

This paper describes the process of developing an approach to evaluating the cost-efficiency of Finnish electricity distribution companies for regulation purposes. The process consisted of three main stages 1) describing of the problem and exploring the key factors, 2) finding measurable quantities for the most essential factors, and 3) selecting the final model to be used in the regulation. Th...

This paper investigates cost, technical and allocative efficiencies for Brazilian banks in the recent period (2000-2007). We use Data Envelopment Analysis (DEA) to compute efficiency scores. Brazilian banks were found to have low levels of economic (cost) efficiency compared to banks in Europe and in the US. For the period with high macroeconomic volatility (2000-2002) the economic inefficiency...

This paper empirically investigates the x-eciency (technical and allocative) in Australian banks. A non-parametric method of Data Envelopment Analysis (DEA) has been used to arrive at the eciency scores. Banks in this sample were found to have low levels of overall eciency compared with the banks in the European countries and in the US. The results indicate that, as a source of overall inec...

Although banking has been widely studied using standard DEA (Data Envelopment Analysis) models and its variations, these models do not in fact account for the internal structure relative to measures characterizing banking operations performance. In this paper, efficiency in Brazilian banking is measured using a two-stage process. In the first stage, called cost efficiency, number of branches an...

this paper deals with the problem of optimizing two-stage structure decision making units (dmus) where the activity and the performance of two-stage dmu in one period effect on its efficiency in the next period. to evaluate such systems the effect of activities in one period on ones in the next term must be considered. to do so, we propose a dynamic dea approach to measure the performance of su...

this research identifies returns to scale (rts) of efficient decision making units (dmus) with desirable (good) and undesirable (bad) inputs and outputs by presenting a new dea (data envelopment analysis) approach. in this study, we first introduce a new input-output oriented model to determine efficient dmus in the presence of undesirable factors and then, returns to scale of these dmus are es...