Share Performance and Profit Efficiency of Banks in an Oligopolistic Market : Evidence from Singapore

@inproceedings{Sing1998SharePA,
  title={Share Performance and Profit Efficiency of Banks in an Oligopolistic Market : Evidence from Singapore},
  author={Chu Sing and Lim Guan Hua},
  year={1998}
}
Using the Data Envelopment Analysis (DEA) tool, we evaluate the cost and profit efficiencies of a panel of six Singapore listed banks during the 1992-96 period. Average cost and profit efficiencies were about 95% and 83%. In a follow-up regression study using efficiency scores comprehensively modified and ranked according to Andersen and Petersen (1993), we find that changes in the prices of the bank shares reflect changes in profit rather than cost efficiencies. This opens a new window for… CONTINUE READING

From This Paper

Figures, tables, and topics from this paper.
19 Citations
18 References
Similar Papers

Citations

Publications citing this paper.
Showing 1-10 of 19 extracted citations

References

Publications referenced by this paper.
Showing 1-10 of 18 references

The application of data envelopment analysis in conjunction with financial ratios for bank performance evaluation

  • Q. J. Yeh
  • Journal of the Operational Research Society
  • 1996
Highly Influential
5 Excerpts

The technical efficiency of large bank production

  • S. M. Miller, A. G. Noulas
  • Journal of Banking and Finance
  • 1996
Highly Influential
6 Excerpts

A procedure for ranking efficient units in data envelopment analysis

  • P. Andersen, N. C. Petersen
  • Management Science
  • 1993
Highly Influential
5 Excerpts

The efficiency of financial institutions: A review and preview of research past, present and future

  • A. N. Berger, W. C. Hunter, S. G. Timme
  • Journal of Banking and Finance
  • 1993
Highly Influential
13 Excerpts

A study of bank efficiency taking into account risk-preferences

  • L. J. Mester
  • Journal of Banking and Finance
  • 1996
Highly Influential
6 Excerpts

Banking efficiency in the Nordic countries

  • S. A. Berg, F. R. Forsund, L. Hjalmarsson, M. Suominen
  • Journal of Banking and Finance
  • 1993
Highly Influential
4 Excerpts

Evaluating the cost-efficiency of the Italian banking system: What can be learned from the joint application of parametric and non-parametric techniques

  • A. Resti
  • Journal of Banking and Finance
  • 1997
Highly Influential
4 Excerpts

Corporate control and bank efficiency

  • L. Pi, S. G. Timme
  • Journal of Banking and Finance
  • 1993
Highly Influential
4 Excerpts

A discussion on testing DMUs’ returns to scale

  • J. Zhu, Z. H. Shen
  • European Journal of Operational Research
  • 1995
2 Excerpts

The effects of deregulation on the efficiency of U.S. banking firms

  • R. Grabowski, N. Rangan, R. Rezvanian
  • Journal of Economics and Business
  • 1994
3 Excerpts

Similar Papers

Loading similar papers…