Skip navigation
Logo
User training | Reference and search service

Library catalog

Retrievo
EDS
b-on
More
resources
Content aggregators
Please use this identifier to cite or link to this item:

acessibilidade

http://hdl.handle.net/10071/9737
acessibilidade
Title: Efficiency in stock markets with DEA: evidence from PSI20
Authors: Ferreira, N. B.
Souza, A.
Keywords: Stock markets indices
Interest rates
Banking sector
EU sovereign debt crisis
Efficiency
Issue Date: 2015
Publisher: ExcellingTech Publisher
Abstract: After the US subprime crisis, the first signs of a sovereign debt crisis spread among European financial players. The regulation of the markets by European Commission and European Central Bank created limitation to obtained great amount of liquidity in commercial banking sector. In this context, the successful survival of some European banks became in a dangerous situation. The present study try to explore the crisis occurred in one of the largest private Portuguese banks through the analysis of the efficiency levels of twenty largest enterprises of the PSI20 since 1993. The input variables chosen were market value and return in a Data Envelopment Analysis model. Consistent with earlier studies, the results show substantial revenue inefficiencies among the Portuguese enterprises.
Peer reviewed: Sim
URI: https://ciencia.iscte-iul.pt/public/pub/id/24498
http://hdl.handle.net/10071/9737
ISSN: 2047-0916
Publisher version: The definitive version is available at: http://ojs.excelingtech.co.uk/index.php/IJLTFES
Appears in Collections:BRU-RI - Artigo em revista científica internacional com arbitragem científica

Files in This Item:
acessibilidade
File Description SizeFormat 
publisher_version_1105_3894_1_SM.pdf274.6 kBAdobe PDFView/Open


FacebookTwitterDeliciousLinkedInDiggGoogle BookmarksMySpace
Formato BibTex MendeleyEndnote Currículo DeGóis 

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.