Arbeitspapier

Managers and efficiency in banking

This paper presents evidence on the impact of managers on cost efficiency in banking. Stochastic frontier analysis is applied to a unique Finnish data set. The paper finds that manager age and education have strong yet complicated effects. University education enhances efficiency if the manager is running a large bank. Managing director changes are systematically followed by efficiency changes. Manager retirement typically causes an efficiency improvement, whereas other manager changes can either improve or weaken efficiency.

ISBN
978-952-462-371-1
Language
Englisch

Bibliographic citation
Series: Bank of Finland Research Discussion Papers ; No. 11/2007

Classification
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Firm Performance: Size, Diversification, and Scope
Business Administration: Other
Subject
efficiency
banking
managers

Event
Geistige Schöpfung
(who)
Kauko, Karlo
Event
Veröffentlichung
(who)
Bank of Finland
(where)
Helsinki
(when)
2007

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Kauko, Karlo
  • Bank of Finland

Time of origin

  • 2007

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