TY - BOOK ID - 84540868 TI - Determinants of Commercial Bank Performance in Transition : An Application of Data Envelopment Analysis AU - Grigorian, David. AU - Manole, Vlad. PY - 2002 SN - 1462330711 1452764336 1282110071 1451901763 9786613802965 1451856652 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Bank mergers KW - Banks and banking KW - Consolidation and merger of corporations KW - Industrial efficiency KW - Banks and Banking KW - Finance: General KW - Industries: Financial Services KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Financial Institutions and Services: Government Policy and Regulation KW - Socialist Systems and Transitional Economies: Factor and Product Markets KW - Industry Studies KW - Population KW - Pension Funds KW - Non-bank Financial Institutions KW - Financial Instruments KW - Institutional Investors KW - Financial Markets and the Macroeconomy KW - Banking KW - Finance KW - Commercial banks KW - Nonbank financial institutions KW - Foreign banks KW - Financial sector development KW - Financial institutions KW - Financial markets KW - Loans KW - Financial services industry KW - Banks and banking, Foreign KW - Czech Republic UR - https://www.unicat.be/uniCat?func=search&query=sysid:84540868 AB - Banking sectors in transition economies have experienced major transformations throughout the 1990s. While some countries have been successful in eliminating underlying distortions and restructuring their financial sectors, in some cases financial sectors remain underdeveloped and the rates of financial intermediation continue to be low. We estimate indicators of commercial bank efficiency by applying a version of Data Envelopment Analysis (DEA) to bank-level data from a wide range of transition countries. In addition to stressing the importance of some bank-specific variables, the censored Tobit analysis suggests that (1) foreign ownership with controlling power and enterprise restructuring enhances commercial bank efficiency; (2) the effects of prudential tightening on the efficiency of banks vary across different prudential norms; and (3) consolidation is likely to improve the efficiency of banking operations. Overall, the results confirm the usefulness of DEA for transition-related applications and shed some light on the question of the optimal architecture of a banking system. ER -