文章基本信息

标题：The impact of bank efficiency on share performance: Evidence from Pakistan
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作者：Muhammad Aftab ; Sajjad Ahamad ; Wasim Ullah 等
期刊名称：African Journal of Business Management
印刷版ISSN：1993-8233
出版年度：2011
卷号：5
期号：10
页码：3975-3980
DOI：10.5897/AJBM11.156
语种：English
出版社：Academic Journals
摘要：This study examines the relationship between bank efficiency and share performance. Data regarding seven banks listed on Karachi Stock Exchange were collected for a period of five years (2003 to 2007). Data analysis comprises three steps. Firstly, cumulative annual share returns (CASR) is calculated, secondly, Data Envelopment Analysis (DEA) is used to measure bank efficiency and finally, share performance is regressed over change in efficiency. The results reveal that, a positive and significant link exists between change in annual bank efficiency and share performance.
关键词：Bank efficiency; share performance; data envelopment analysis; Pareto optimality; KSE; Pakistan