Have a personal or library account? Click to login

Performance Analysis and Benchmarking of Commercial Banks Operating in Bosnia and Herzegovina: a DEA Approach

Business Systems Research Journal
Volume 4 (2013): Issue 2 (December 2013)
By:
Open Access
|Jan 2014

References

  1. 1. Alam, H.M., Raza, A., Akram, M. (2011), ”A Financial Performance Comparison of Public Vs Private Banks: The Case of Commercial Banking Sector of Pakistan“, International Journal of Business & Social Science, Vol. 2, No. 11, pp. 56-64.
    Search in Google Scholar
  2. 2. Alper, D., Anbar, A. (2011), ”Bank Specific and Macroeconomic Determinants of Commercial Bank Profitability: Empirical Evidence from Turkey“, Business & Economics Research Journal, Vol. 2, No. 2, pp. 139-152.
    Search in Google Scholar
  3. 3. Banker, R.D., Charnes, A., Cooper, W. W. (1984), ”Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis“, Management Science, Vol. 30, No. 9, pp. 1078-1092.10.1287/mnsc.30.9.1078
    Search in Google Scholar
  4. 4. Berg, S.A., Gørsund, F.R., Jansen, E.S. (1991), ”Technical Efficiency of Norwegian Banks: The Non-Parametric Approach to Efficiency Measurement“, Journal of Productivity Analysis, Vol. 2, No. 2, pp. 127-142.10.1007/BF00156343
    Search in Google Scholar
  5. 5. Casu, B., Girardone, C., Molyneux, P. (2006), Introduction to banking, Pearson Education.
    Search in Google Scholar
  6. 6. Charnes, A., Cooper, W. W. & Rhodes, E. (1978), „Measuring the efficiency of decision making units“, European Journal of Operational Research, Vol. 2, No. 6, pp. 429-444.10.1016/0377-2217(78)90138-8
    Search in Google Scholar
  7. 7. Chatzoglou, P.D., Diamantidis A.D., Vraimaki E., Polychrou E., Chatzitheodorou K. (2010), ”Banking productivity: an overview of the Greek banking system“, Managerial Finance, Vol. 36, No. 12, pp. 1007-1027.10.1108/03074351011088423
    Search in Google Scholar
  8. 8. Chen, T.-Y., Yeh, T.-L. (2000), ”A Measurement of Bank Efficiency, Ownership and Productivity Changes in Taiwan“, Service Industries Journal, Vol. 20, No. 1, pp. 95-109.10.1080/02642060000000006
    Search in Google Scholar
  9. 9. Cooper, William W., (2010), Handbook on Data Envelopment Analysis, Springer.10.1007/978-1-4419-6151-8
    Search in Google Scholar
  10. 10. Derbali, A. (2011), ”Determinants of banking profitability before and during the financial crisis of 2007: The case of Tunisian banks”, Interdisciplinary Journal of Contemporary Research in Business, Vol. 3, No. 3, pp. 1256-1269.
    Search in Google Scholar
  11. 11. Fakhri, G., Menacere, K. & Pegum, R., (2010), Organizational Specificities That Affect The Use Of Corporate Performance Measurements Process In The Banking Sector. Journal of Performance Management, Vol. 23, No. 3, pp. 5-22.
    Search in Google Scholar
  12. 12. Feroz, E.H., Kim, S., Raab, R.L. (2003), ”Financial statement analysis: A data envelopment analysis approach”, Journal of the Operational Research Society, Vol. 54, No. 1, pp. 48.
    Search in Google Scholar
  13. 13. Gaganis, C. et al. (2009), ”Estimating and analyzing the efficiency and productivity of bank branches: Evidence from Greece”, Managerial Finance, Vol. 35, No. 2, pp. 202-218.10.1108/03074350910923518
    Search in Google Scholar
  14. 14. Gaganis, C., Pasiouras, F. (2009), ”Efficiency in the Greek Banking Industry: A Comparison of Foreign and Domestic Banks”, International Journal of the Economics of Business, Vol. 16, No. 2, pp. 221-237.10.1080/13571510902917533
    Search in Google Scholar
  15. 15. Garcia-Sánchez, I.M. (2007), ”Efficiency and effectiveness of Spanish football teams: a three-stage-DEA approach”, Central European Journal of Operations Research, Vol. 15, No. 1, pp. 21-45.10.1007/s10100-006-0017-4
    Search in Google Scholar
  16. 16. Goddard, J., Molyneux, P., Wilson, J.O.S. (2004), ”The profitability of European banks: a cross-sectional and dynamic panel analysis”, Manchester School, Vol. 72, No. 3, pp. 363-381.10.1111/j.1467-9957.2004.00397.x
    Search in Google Scholar
  17. 17. Halkos, G. (2004), ”Efficiency measurement of the Greek commercial banks with the use of financial ratios: a data envelopment analysis approach”, Management Accounting Research, Vol. 15, No. 2, pp. 201-224.10.1016/j.mar.2004.02.001
    Search in Google Scholar
  18. 18. Ho, C.-T., Wu, Y.-S. (2006), ”Benchmarking performance indicators for banks”, Benchmarking: An International Journal, Vol.13, No. 1/2, pp. 147-159.10.1108/14635770610644646
    Search in Google Scholar
  19. 19. Ho, C.-T. (2006), ”Measuring bank operations performance: an approach based on Grey Relation Analysis”, Journal of the Operational Research Society, Vol. 57, No. 4, pp. 337-349.10.1057/palgrave.jors.2601985
    Search in Google Scholar
  20. 20. Jemric, I., Vujcic, B. (2002), ”Efficiency of Banks in Croatia: A Dea Approach”, available at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1673690 / ( 25 November 2011].10.1057/ces.2002.13
    Search in Google Scholar
  21. 21. Kapor, P. (2005), Bankarstvo sa osnovama bankarskog poslovanja i medjunarodnim bankarstvom, Megatrend univerzitet primjenjenih nauka, Beograd.
    Search in Google Scholar
  22. 22. Kosmidou, K., Zopounidis, C. (2008), ”Measurement of Bank Performance in Greece”, South-Eastern Europe Journal of Economics, Vol. 1, pp. 79-95.
    Search in Google Scholar
  23. 23. Keh, H.T., Chu, S., Xu, J. (2006), ”Efficiency, effectiveness and productivity of marketing in services”, European Journal of Operational Research, Vol. 170, No. 1, pp. 265-276.10.1016/j.ejor.2004.04.050
    Search in Google Scholar
  24. 24. Kosmidou, K. et al. (2006), ”Assessing Performance Factors in the UK Banking Sector: A Multicriteria Methodology”, Central European Journal of Operations Research, Vol. 14, No. 1, pp. 25-44.10.1007/s10100-006-0158-5
    Search in Google Scholar
  25. 25. Koçak, H. (2011), ”Efficiency Examination of Turkish Airports with DEA Approach”, International Business Research, Vol. 4, No. 2, pp. 204-212.10.5539/ibr.v4n2p204
    Search in Google Scholar
  26. 26. Kumar, S., Gulati, R. (2010), ”Measuring efficiency, effectiveness and performance of Indian public sector banks”, International Journal of Productivity and Performance Management, Vol. 59, No. 1, pp. 51-74.10.1108/17410401011006112
    Search in Google Scholar
  27. 27. Mostafa, M. (2007), ”Benchmarking top Arab banks’ efficiency through efficient frontier analysis”, Industrial Management & Data Systems, Vol. 107, No. 6, pp. 802-823.10.1108/02635570710758734
    Search in Google Scholar
  28. 28. Ozcan, Y.A., McCue, M.J. (1996), ”Development of a financial performance index for hospitals: DEA approach”, Journal of the Operational Research Society, Vol. 47, No. 1, pp. 18.
    Search in Google Scholar
  29. 29. Ozkan-Gunay, E.N., Tektas, A. (2006), ”Efficiency Analysis of the Turkish Banking Sector in Precrisis and Crisis Period: A DEA Approach”, available at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1095583 / (23 November 2011).10.1093/cep/byj028
    Search in Google Scholar
  30. 30. Pejic-Bach, M., Simicevic, V. (2006), ”Financial Structure and the Profitability of Croatian Banks”, available at: http://www.wseas.us/e-library/conferences/2006cavtat/papers/528-105.pdf / ( 23 November 2011).
    Search in Google Scholar
  31. 31. Ramadan, I.Z., Kilani, Q.A., Kaddumi, T.A. (2011), ”Determinants of Bank Profitability: Evidence from Jordan”, International Journal of Academic Research, Vol. 3, No. 4, pp. 180-191.
    Search in Google Scholar
  32. 32. Ramanathan, R. (2007), ”Performance of banks in countries of the Gulf Cooperation Council”, International Journal of Productivity and Performance Management, Vol. 56, No. 2, pp. 137-154.10.1108/17410400710722635
    Search in Google Scholar
  33. 33. Rose, P.S. (2001), Commercial bank management, McGraw-Hill/Irwin, Boston.
    Search in Google Scholar
  34. 34. Shanling Li, Feng Liu, Whitmore, G.A. (2001), ”Comparative Performance of Chinese Commercial Banks: Analysis, Findings and Policy Implications”, Review of Quantitative Finance & Accounting, Vol. 16, No. 2, pp.149-170.10.1023/A:1011227125218
    Search in Google Scholar
  35. 35. Spathis, C., Kosmidou, K., Doumpos, M. (2002), ”Assessing Profitability Factors in the Greek Banking System: A Multicriteria Methodology”, International Transactions in Operational Research, Vol. 9, No. 5, pp. 517-530.10.1111/1475-3995.00371
    Search in Google Scholar
  36. 36. Sultan, J., Bilal, M., Abbas, Z. (2011), ”Performance measurement by Data Envelopment Analysis (DEA): A study of banking sector in Pakistan”, Interdisciplinary Journal of Contemporary Research in Business, Vol. 2, No. 12, pp. 229-249.
    Search in Google Scholar
  37. 37. Šarlija, N., Harc, M. (2012). “The impact of liquidity on the capital structure: a case study of Croatian firms”, Business Systems Research, Vol. 3, No. 1, pp. 30-36.
    Search in Google Scholar
  38. 38. Talluri, S. (2000), ” Data Envelopment Analysis: Models and Extensions”, available at: http://www.decisionsciences.org/decisionline/Vol31/31_3/31_3pom.pdf / (10 November 2011).
    Search in Google Scholar
  39. 39. Tsolas, I.E., 2010. Modeling bank branch profitability and effectiveness by means of DEA.International Journal of Productivity and Performance Management, Vol. 59, No. 5, pp. 432-451.10.1108/17410401011052878
    Search in Google Scholar
  40. 40. Ulucan, A. (2011), ”Measuring the Efficiency of Turkish Universities Using Measure-Specific Data Envelopment Analysis”, Sosyoekonomi, Vol. 7, No. 1, pp. 181-196
    Search in Google Scholar
  41. 41. Vojvodic Rosenzweig, V., Volarevic, H., Varovic, M. (2012). “Profitability as a business goal: the multicriteria approach to the ranking of the five largest Croatian banks”, Business Systems Research, Vol. 3, No. 1, pp. 37-48.
    Search in Google Scholar
  42. 42. Van Horne, J.C., Wachowicz J.M. (2001), Fundamentals of Financial Management, Prentice-Hall.
    Search in Google Scholar
  43. 43. Zhu, J. (2003), Quantitative models for performance evaluation and benchmarking: data envelopment analysis with spreadsheets and DEA Excel Solver, Springer. 10.1007/978-1-4757-4246-6
    Search in Google Scholar
  44. 1. Abbreviated Audit Report of Banks in the Republika Srpska (2009), available at: http://www.abrs.ba/publikacije/RevizBankeRS31122009.pdf / (10 November 2011).
    Search in Google Scholar
  45. 2. Abbreviated Audit Report of Banks in the Republika Srpska (2010), available at: http://www.abrs.ba/publikacije/RevizBankeRS31122010.pdf / (10 November 2011).
    Search in Google Scholar
  46. 3. Abbreviated Audit Report of Banks in the Republika Srpska (2008), available at: http://www.abrs.ba/publikacije/RevizBankeRS31122008.pdf / (10 November 2011).
    Search in Google Scholar
  47. 4. CBBH Annual Report (2010), available at: http://www.cbbh.ba/files/godisnji_izvjestaji/2010/GI_2010_en.pdf/(10 November 2011).
    Search in Google Scholar
  48. 5. CBBH Annual Report (2009), available at: http://www.cbbh.ba/files/godisnji_izvjestaji/2009/GI_2009_en.pdf / (10 November 2011).
    Search in Google Scholar
  49. 6. CBBH Annual Report (2008), available at: http://www.cbbh.ba/files/godisnji_izvjestaji/2008/cbbh_annual_report_2008_en.pdf / (10November 2011).
    Search in Google Scholar
  50. 7. Condensed Reports of External Auditors on Financial Statements of Banks in the Federation of Bosnia and Herzegovina (2008), available at: http://www.fba.ba/images/documents_archive/publikacije_68_3.pdf / (05 Novem 2011).
    Search in Google Scholar
  51. 8. Condensed Reports of External Auditors on Financial Statements of Banks in the Federation of Bosnia and Herzegovina (2009), available at: http://www.fba.ba/index.php?page=article&id=296 / (05 November 2011).
    Search in Google Scholar
  52. 9. Condensed Reports of External Auditors on Financial Statements of Banks in the Federation of Bosnia and Herzegovina (2010), available at: http://www.fba.ba/images/Publikacije_Banke/BF_2010.pdf / (05 November 2011).
    Search in Google Scholar
  53. 10. Information on Banking System of the Federation of Bosnia and Herzegovina as of31.12.2008. (2008), available at: http://www.fba.ba/images/Publikacije_Banke/Informacija_bank_31122010_eng.pdf (05November 2011).
    Search in Google Scholar
  54. 11. Information on Banking System of the Federation of Bosnia and Herzegovina as of31.12.2009. (2009), available at: http://www.fba.ba/images/documents_archive/publikacije_71_3.pdf / (05 Novem 2011).
    Search in Google Scholar
  55. 12. Information on Banking System of the Federation of Bosnia and Herzegovina as of31.12.2010. (2010), available at: http://www.fba.ba/images/documents_archive/publikacije_66_3.pdf / (05 Novem 2011).
    Search in Google Scholar
  56. 13. Report on Condition of Banking system of Republika Srpska (2008), available at: http://www.abrs.ba/publikacije/end2008.pdf / (05 November 2011).
    Search in Google Scholar
  57. 14. Report on Condition of Banking system of Republika Srpska (2009), available at: http://www.abrs.ba/publikacije/end2009.pdf / (05 November 2011).
    Search in Google Scholar
  58. 15. Report on Condition of Banking system of Republika Srpska (2010), available at: http://www.abrs.ba/publikacije/end2010.pdf.pdf / (05 November 2011).
    Search in Google Scholar
DOI: https://doi.org/10.2478/bsrj-2013-0010 | Journal eISSN: 1847-9375 | Journal ISSN: 1847-8344
Journal RSS Feed
Language: English
Page range: 17 - 37
Published on: Jan 22, 2014
Published by: IRENET - Society for Advancing Innovation and Research in Economy
In partnership with: Paradigm Publishing Services
Publication frequency: 2 times per year
Keywords:
Banks,
efficiency,
Data Envelopment Analysis,
financial ratios,
Bosnia and Herzegovina
Related subjects:
Business and economics,
Business management,
Management, organization, corporate governance,
Business management, other,
Mathematics and statistics for economists,
Mathematics

© 2014 Deni Memić, Selma Škaljić-Memić, published by IRENET - Society for Advancing Innovation and Research in Economy
This work is licensed under the Creative Commons License.

Previous articleVolume 4 (2013): Issue 2 (December 2013)Next article