The research first summarizes the theoretical mechanism of digital finance to improve financial efficiency and sustainability; then, it proposes three hypotheses. After that, a DEA-BCC model super-efficiency DEA are constructed estimate series levels in 31 Chinese provinces. Utilizing estimated values, this paper further tests each hypotheses using both random effects controlling for cross-sect...

In contrast to the U.S. where universal banking has been legally prohibited, the Second Banking Directive allows European banks both to form financial conglomerates and hold equity stakes in non-financial companies. This paper analyzes the cost and profit efficiency of European financial conglomerates and universal banks. We find that conglomerates are more revenue efficient than their speciali...

PURPOSE This study examines the integration effects on efficiency and financial viability of the top 100 integrated healthcare networks (IHNs) in the United States. THEORY A contingency-strategic theory is used to identify the relationship of IHNs' performance to their structural and operational characteristics and integration strategies. METHODS The lists of the top 100 IHNs ranked in two ...

Microfinance has been developed as alternative solution for global poverty alleviation effort in the last 30 years. Microfinance institution (MFI) has unique characteristic wherein they face double bottom line objectives of outreach to the poor and financial sustainability. This study proposes a two-stage analysis to measure Islamic Microfinance institutions (IMFIs) performance by comparing the...

a r t i c l e i n f o In the fast changing financial circumstances of nowadays, in avoiding the crisis of closing down, financial institutions are concerned about the efficiency and risk strictly in the meantime. Therefore, efficiency and risk management are goals for a financial institution administrator. Data Envelopment Analysis (DEA) is a non-parameter approach to evaluate the performance o...

This paper uses measurement methods and selects relevant indicators from both quantitative and structural aspects, empirically analyses the relationship between financial development and economic development of 2000-2008 in more than 18 coalresourced cities in China. The results show that financial development takes a significant role in the economic development of coal-resourced cities. Howeve...