Title of article
The impact of bank efficiency on share performance: Evidence from Pakistan
Author/Authors
Muhammad Aftab، نويسنده , , Sajjad Ahamad، نويسنده , , Wasim Ullah، نويسنده , , Rauf A. Sheikh، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2011
Pages
6
From page
3975
To page
3980
Abstract
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.
Keywords
Bank efficiency , Data envelopment analysis , Pareto optimality , share performance , Pakistan , KSE
Journal title
African Journal of Business Management
Serial Year
2011
Journal title
African Journal of Business Management
Record number
686677
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