Author's profile

Claudia Girardone
Essex Business School, University of Essex

Background

Author articles

  • Does competition lead to efficiency? The case of EU commercial banks
    Finance
    Banking

    Using bank level balance sheet data for commercial banks in the major EU banking markets, this paper aims to shed some light on the recent developments in competition, concentration and bank-specific efficiency levels. Furthermore, using Granger-type causality test estimations, this study investigates the relationship between competition and efficiency.

    22/09/2011 | 951
  • Integration and efficiency in EU banking markets
    Finance
    Banking

    This paper evaluates the recent dynamics of bank cost efficiency by means of Data Envelopment Analysis (DEA). Borrowing from the growth literature, we apply dynamic panel data models (GMM) to the concepts of β-convergence and σ-convergence to assess the speed at which banking markets are integrating.

    22/09/2011 | 683
  • Emerging themes in banking: recent literature and directions for future research
    Corporate Governance
    Banking

    This paper presents a review of the recent literature in banking around the core themes of performance, risk and governance of financial institutions. We write this review against the backdrop of the recent financial crisis and the major changes it caused to banking sectors in many countries. There are several themes emerging from this review, but the overarching issue relates to the need to better understand bank risk taking incentives and the implications for systemic stability. There is a need for more work on the role of safety net subsidies and how these are linked to systemic risk; financial innovation and the adoption of new products and processes and the linkage to risk-taking, market returns or contagion. There is also a need to better understand the relationship between competition and risk, and understand the interconnections between capital, profitability, liquidity and risk.

    22/09/2011 | 1,927