Performance of Financial Institutions: Efficiency, Innovation, and Regulation

Author: Hauck
Publisher:
Publish Date: 2005-01-01
Features: In recent years, research on bank performance and financial innovation has developed rapidly. This book is a comprehensive review of the field. The new papers in this book provide us with methods for analyzing problems and summarize the latest achievements in this research. The book will help readers gain a deeper understanding of the factors that are changing the structure of the banking industry. Banks in the United States and other parts of the world are undergoing fundamental transformations, and this book will tell you why these changes are happening. — Paul Wachter
The efficiency of financial intermediaries, such as banks, insurance companies, pension funds, and government agencies, is crucial to the effective operation of the financial system and to driving economic development in the 21st century. However, in today's globalized environment, what determines the performance of financial institutions? This book provides an in-depth analysis from an interdisciplinary and international perspective on the factors that influence the performance of financial institutions. Renowned scholars from fields such as economics, finance, management, and marketing, along with top industrial economists, use their expertise to analyze and explore the following issues:
- The definition and measurement of the efficiency of financial institutions, benchmarking, the identification of factors affecting performance and the measurement of their impact on efficiency
- The impact of financial innovation and information technology on performance, process design, human resource management policies, and the influence of regulation on efficiency
- The intrinsic relationship between risk management and operational efficiency