Journal article
Efficiency of multinational banks: An empirical investigation
Applied financial economics, Vol.8(6), pp.689-696
12/01/1998
DOI: 10.1080/096031098332727
Abstract
This paper conducts a comparative analysis of the productive efficiency of foreign-owned and US-owned multinational commercial banks operating in the US. A multiproduct translog stochastic-cost frontier model approach is used to estimate cost inefficiency scores. Ordinary Least Squares and Tobit regressions are used to identify the key factors associated with inefficiency. The results indicate that foreign-owned multinational banks operating in the US are significantly less efficient than their US-owned counterparts and that large multinational banks in holding company networks carrying fewer foreign assets tend to be more efficient.
Details
- Title: Subtitle
- Efficiency of multinational banks: An empirical investigation
- Creators
- C. Edward Chang - Southwest Missouri University, United StatesIftekhar Hasan - New Jersey Institute of TechnologyWilliam C. Hunter - Federal Reserve Bank of Chicago
- Resource Type
- Journal article
- Publication Details
- Applied financial economics, Vol.8(6), pp.689-696
- DOI
- 10.1080/096031098332727
- ISSN
- 0960-3107
- eISSN
- 1466-4305
- Number of pages
- 8
- Language
- English
- Date published
- 12/01/1998
- Academic Unit
- Finance
- Record Identifier
- 9984962895702771
Metrics
1 Record Views