Evaluation of performance and productivity is among the fundamental concepts inmanagement. In order to achieve their goals, organizations must evaluate theirperformance. One of the important stages of performance appraisal is evaluation oforganization’s efficiency. Banks, financial and credit institutions are among the mostimportant organizations of every economic system, because every activity...

This paper argues that in environments that exhibit non-convexities, risk diversification by financial institutions may be socially inefficient. To this end, we study a stylized, micro-founded model in which individual banks have an incentive to hold diversified portfolios in order to minimize the likelihood of bank runs. Yet, at the same time, diversification may increase the aggregate risk fa...

This paper uses variation in policies and institutional characteristics to evaluate the impacts of village-level microfinance institutions in rural Thailand. To identify impacts, we use policies related to the successful/unsuccessful provision of services as exogenous variation in effective financial intermediation. We find that institutions, particularly those with good policies, can promote a...

This paper uses variation in policies and institutional characteristics to evaluate the impacts of village-level microfinance institutions in rural Thailand. To identify impacts, we use policies related to the successful/unsuccessful provision of services as exogenous variation in effective financial intermediation. We find that institutions, particularly those with good policies, can promote a...

This paper uses variation in policies and institutional characteristics to evaluate the impacts of village-level microfinance institutions in rural Thailand. To identify impacts, we use policies related to the successful/unsuccessful provision of services as exogenous variation in effective financial intermediation. We find that institutions, particularly those with good policies, can promote a...

Since the subprime financial crisis, international financial regulatory institutions (Basel, MIFID, Dodd-Frank), have strengthened regulatory requirements on systemically important banks. The Basel Committee on Banking Supervision, and based on the G20 recommendations, has drawn up a reform program to reconfigure the banking system, based mainly on increasing the capital requirement. The progra...

the advancement in technology, information and communication has forced banks and financial institutions into hard competition.  in this new era technology, people and customer are the elements which the banks are concentrating on them to manage customer relationship and success of banking in customer satisfaction. electronic customer relationship management (e-crm) is seen to arise from the co...

Modern financial regulation has been about the spread of market-sensitive riskmanagement systems for banks, the spill-over of this approach to other financial institutions and the retreat of regulatory ambition. There is evidence that these trends are leading to a more fragile financial system, more prone to concentration and ‘liquidity black holes’. The most glaring effects of these trends are...

Managing business process compliance is a highly important topic in the financial sector. Various scandals and last but not least the financial crisis have caused many new constraints and legal regulations that banks and financial institutions need to face. Based on a domain-specific semantic business process modeling notation, we propose a new approach to modeling and analysis of business proc...