This study seeks to determine the impact of mergers on efficiency and productivity of commercial banks in Malaysia for the period from 1995 until 2005. The study uses a non-parametric approach, namely DEA, to estimate the efficiency scores and to construct the Malmquist productivity index. To enable this estimation, three bank inputs and outputs were used. Amongst the findings are that banks ex...

Perfect reconstruction (PR) filter banks have found numerous applications, and have received much attention in the literature. For linear filter banks, necessary and sufficient conditions for PR have been established for most practical situations. Recently, nonlinear filter banks have been proposed for image coding applications. These filters are generally simple, and produce better results tha...

Privatization which refers to the transition of ownership and management of state-owned enterprises to the private sector, is one of the main drivers of economic prosperity. In this paper, the performance of the state, private, and privatized banks have been compared through examining the effects of privatization in the banking system on its performance. The data from 11 banks during the 13-yea...

The time to fix the roof is when the sun is shining risk management has not been uppermost on the Islamic banking sector’s agenda in recent years. It is crucial for Islamic banks (IBs) to have comprehensive risk management framework as there is growing realization among IBs that sustainable growth critically depends on the development of a comprehensive risk management framework. Islamic b...

This study examines the financing choices of firms operating in a weak institutional environment. We argue that in relationship-based systems, global financing and strong political connections are alternative means to create firm value. Well-connected firms might be less inclined to access global capital markets because (state-owned) domestic banks provide capital at low cost. Moreover, the exp...

What are the opinions of small and medium-sized enterprises with experience of Swedish patent litigation? We offer description and analysis from a 2016 interview survey of nine small and medium-sized enterprises that had been involved in Swedish patent litigation on infringement and/or invalidity. Our results show that the companies are of the opinion that the proceedings were too slow and cost...

The impact of foreign banks entry on the banking sector has been well documented in the literature. However, these studies have been confined to the conventional banking sector. On the other hand, virtually nothing has been published in respect to the impact of foreign banks entry on the Islamic banking sector. The purpose of the present paper is to provide new empirical evidence on the impact ...

Darwin chose the metaphor of 'tangled bank' to conclude the Origin of Species. Two centuries after Darwin's birth, " we are still untangling the complex ecological networks he has pondered, " writes Andy Dobson of Princeton University and colleagues, in a series of papers in the Philosophical Transactions of the Royal Society B (published online) focused on food webs. Food webs represent one of...