Performance of Financial Institutions: Efficiency, Innovation, and Regulation

Author: Hauck
Publisher:
Publish Date: 2005-01-01
Features: Research on bank performance and financial innovation has advanced rapidly in recent years. This book provides a comprehensive review of the field. The new papers in this book offer methods for analyzing issues and summarize the latest findings in this area. It will help readers gain a deep understanding of the factors that are reshaping the structure of the banking industry. Banks in the United States and other parts of the world are undergoing fundamental changes, and this book will explain why these changes are occurring. — Paul Wachter
The efficiency of financial intermediaries, such as banks, insurance companies, pension funds, and government agencies, is crucial for the effective operation of the financial system and for 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 influencing 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 institutional efficiency, efficiency benchmarks, the identification of factors affecting performance and their impact on efficiency, the influence of financial innovation and information technology on performance, process design, human resource management policies, and the intrinsic relationship between risk management and operational efficiency.