Originally published as Managerial Finance Volume 34 Issue 3 2008
ISBN: 978 1 84663 768 1
Guest edited by: Constantin Zopounidis
The growth margins of the Greek banking industry have been considered quite significant compared with those of the European Union, with increasing competitiveness and concentration. This has made the Greek financial market very attractive. The articles in this special issue present the most recent studies concerning the Greek Banking Industry through the implementation of advanced mathematical techniques such as data envelopment analysis, mathematical programming, econometric analysis techniques, etc. The use of these methodologies contributes to the overall evaluation of the performance, operation and efficiency of the Greek Banking System within this issue.
- Guest Editorial Constantin Zopounidis
- "The Determinants of Banks’ Profits in Greece during the period of EU financial integration" – Kyriaki Kosmidou
- "Cost efficiency impact of bank branch characteristics and location: an illustrative application to a greek bank branches" – Dimitris I Giokas
- "Customer Switching Behaviour in Greek Banking Services Using Survival Analysis" – Maria Mavri and George Ioannou
- "Consolidation in the Greek Banking Industry: Which Banks are Acquired?" – Fotios Pasiouras and Constantin Zopounidis
- "Investigating cost efficiency in the branch network of a Greek bank: An empirical study" – Athanasios G. Noulas et al
Contents:
The special issue begins with the paper of Kyriaki Kosmidou, who
extends earlier work on the determinants of profitability of Greek commercial banks
and examines to what extent the profits of banks are influenced by internal and
external factors, during the period 1990-2002 using an unbalanced pooled time series
dataset of 23 banks through an econometric methodology.
The second paper, by Athanasios Noulas, Niki Glaveli and Ioannis Kiriakopoulos, examines the effects of
various selected branches on variations of efficiency by measuring the cost efficiency
of 58 branches of a major Greek commercial bank in six large cities for the period 2000
and 2001 via the data envelopment analysis.
The third paper, by Dimitris Giokas, examines the operating efficiency of a set of 171 retail orientation bank branches of a large commercial bank in Greece through the data envelopment analysis. Two semiparametrical statistical tests and one non-parametric test were also used to choose the appropriate data envelopment analysis model.
The fourth paper by Maria Mavri and George Ioannou, examines the impact of qualitative groups of factors in retention
behaviour, the customers’ attrition considering the time aspect and uses life tables in
order to estimate the churn behaviour of clients in different periods of time. Moreover, a
hazard proportional model is constructed to determine the risk of customer behaviour.
The last paper of the special issue, by Fotios Pasiouras and Constantin Zopounidis, examines the relationship between banks performance and the likelihood of acquisition in the Greek banking industry during the period 1998-2002 via the logistic regression.
About Managerial Finance
Managerial Finance aims to provide an international forum for the publication of high quality research in: finance, financial management, international finance, economics, banking, financial markets, financial institutions, financial strategy, accounting and management information. The journal aims to answer the questions that are central to the operations of today’s industries and their financial management.
Visit the Managerial Finance homepage
