Ownership Structure and Building Society Efficiency

Ownership Structure and Building Society Efficiency by Tiffany Hutcheson †

This paper investigates the effect of ownership structure on the cost efficiency of Australian building societies using the stochastic econometric frontier approach. Contrary to the expense preference hypothesis, mutually-owned societies were found to be, on average, more cost efficient than those under stock ownership. Moreover, mutual and share-owned societies have significantly different cos...

Energy Efficiency, Ownership Structure, and Sustainable Development: Evidence from China

Low energy efficiency and severe environmental pollution are two growing issues haunting China’s fast economic development. Under China’s current development model, economic growth still heavily depends on massive energy input, which makes energy efficiency one crucial topic in order to secure future sustainable development of China. This paper focuses on the unique energy ownership structure o...

Efficiency and Ownership Structure : The Case of Poland

Firm Ownership and Economic Efficiency

JEL: D24, L33

the relationship between capital structure and ownership structure

0