Efficiency of banks with a double bottom line

Description

If banks’ performance is to be be evaluated against the objectives they actually pursue, assessments of stakeholder-oriented banks should go beyond financial efficiency. Furthermore, also the environment these institutions operate in has to be kept in mind when interpreting levels of managerial inefficiency. Our results show that efficiency rankings across Austrian savings banks and credit cooperatives change considerably when their double bottom line and local market factors are considered. Both issues thus are important for adequate and fair performance benchmarking.

Period	13 Jun 2023
Event title	The 30th Annual Global Finance Conference
Event type	Conference
Location	ItalyShow on map