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Relationship among cost of financial intermediation, risk, and efficiency: Empirical evidence from Bangladeshi commercial banks
16 references·2 citing·44 second hop
Relationship among cost of financial intermediation, risk, and efficiency: Empirical evidence from Bangladeshi commercial banks (2021)Relationship among cost of financial inte…Islamic vs. conventional banks: Business models, efficiency and stability (2013)Islamic vs. conventional bank…Bank Competition and Financial Stability (2008)Bank Competition and Financia…Finance, inequality and the poor (2007)Finance, inequality and the p…Bank-specific, industry-specific and macroeconomic determinants of bank profitability (2006)Bank-specific, industry-speci…Chapter 12 Finance and Growth: Theory and Evidence (2005)Chapter 12 Finance and Growth…GMM Estimation with persistent panel data: an application to production functions (2000)GMM Estimation with persisten…GMM estimation with persistent panel data: an application to production functions (1999)GMM estimation with persisten…Problem loans and cost efficiency in commercial banks (1997)Problem loans and cost effici…Another look at the instrumental variable estimation of error-components models (1995)Another look at the instrumen…Determinants of European bank profitability: A note (1992)Determinants of European bank…On the estimation of technical inefficiency in the stochastic frontier production function model (1982)On the estimation of technica…Credit Rationing in Markets with Imperfect Information (1981)Credit Rationing in Markets w…Specification Tests in Econometrics (1978)Specification Tests in Econom…INPUTS, OUTPUTS, AND A THEORY OF PRODUCTION AND COST AT DEPOSITORY FINANCIAL INSTITUTIONS (1977)INPUTS, OUTPUTS, AND A THEORY…Formulation and estimation of stochastic frontier production function models (1977)Formulation and estimation of…Safety First and the Holding of Assets (1952)Safety First and the Holding …Who affects CEO compensation? Firm performance, ownership structure, and board diversity (2024)Who affects CEO compensation?…Market competition, capital regulation and cost of financial intermediation: an empirical study on the banking sector of Bangladesh (2022)Market competition, capital r…Increases in risk and in risk aversion (1974)Risk Sharing and Incentives in the Principal and Agent Relationship (1979)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Dependence and Growth (1996)Adverse Selection in the Labor Market (2018)The Nature of the Firm (1937)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Financing Innovation and Growth: Cash Flow, External Equity, and the 1990s R&D Boom (2009)Corporate social responsibility and access to finance (2013)Financial development and innovation: Cross-country evidence (2013)Expectation in Economics (1949)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Optimal Versus Naive Diversification: How Inefficient is the 1/ N Portfolio Strategy? (2007)Bank Governance, Regulation, and Risk Taking (2008)Econometric Analysis of Cross Section and Panel Data (2001)Determinants of Bank Profitability Before and During the Crisis: Evidence from Switzerland (2010)Macroeconomic and bank-specific determinants of non-performing loans in Greece: A comparative study of mortgage, business and consumer loan portfolios (2011)The Impact of Corporate Social Responsibility Disclosure on Financial Performance: Evidence from the GCC Islamic Banking Sector (2016)The Measurement of Productive Efficiency (1957)Specification and Estimation of Cobb-Douglas Production Function Models (1966)Efficiency Estimation of Production Functions (1972)A model for technical inefficiency effects in a stochastic frontier production function for panel data (1995)Estimation and inference in two-stage, semi-parametric models of production processes (2005)Formulation and estimation of dynamic models using panel data (1982)Estimating Vector Autoregressions with Panel Data (1988)Initial conditions and moment restrictions in dynamic panel data models (1995)Initial conditions and moment restrictions in dynamic panel data models (1998)Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error (1977)Prediction of firm-level technical efficiencies with a generalized frontier production function and panel data (1988)Frontier production functions, technical efficiency and panel data: With application to paddy farmers in India (1992)The Use of Error Components Models in Combining Cross Section with Time Series Data (1969)The Use of Variance Components Models in Pooling Cross Section and Time Series Data (1971)On the Pooling of Time Series and Cross Section Data (1978)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2006)Human Development Report (2001)Reaching out: Access to and use of banking services across countries (2007)Big Bad Banks? The Winners and Losers from Bank Deregulation in the United States (2010)Measuring Financial Inclusion: The Global Findex Database (2012)Likelihood functions for generalized stochastic frontier estimation (1980)The Relationship between Capital and Earnings in Banking (1995)Efficiency of financial institutions: International survey and directions for future research (1997)Inside the black box: What explains differences in the efficiencies of financial institutions? (1997)
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References

  • 1995Another look at the instrumental variable estimation of error-components models20,311 cited
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  • 1982On the estimation of technical inefficiency in the stochastic frontier production function model3,446 cited
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  • 2007Finance, inequality and the poor2,514 cited
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  • 2013Islamic vs. conventional banks: Business models, efficiency and stability1,529 cited
  • 1992Determinants of European bank profitability: A note

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1,352 cited
  • 2008Bank Competition and Financial Stability1,242 cited
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    • 2022Market competition, capital regulation and cost of financial intermediation: an empirical study on the banking sector of Bangladesh17 cited
    • 2024Who affects CEO compensation? Firm performance, ownership structure, and board diversity13 cited