Glass, J. Colin, McKillop, Donal G. and Rasaratnam, Syamarlah (2010) Irish credit unions: Investigating performance determinants and the opportunity cost of regulatory compliance. Journal of Banking & Finance, 34 (1). pp. 67-76. [Journal article]
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The study investigates how producer-specific environmental factors influence the performance of Irish credit unions. The empirical analysis uses a two-stage approach. The first stage measures efficiency by a data envelopment analysis (DEA) estimator, which explicitly incorporates the production of undesirable outputs such as bad loans in the modelling, and the second stage uses truncated regression to infer how various factors influence the (bias-corrected) estimated efficiency. A key finding of the analysis is that 68% of Irish credit unions do not incur an extra opportunity cost in meeting regulatory guidance on bad debt.
|Item Type:||Journal article|
|Keywords:||Credit unions; efficiency; regulatory compliance.|
|Faculties and Schools:||Ulster Business School|
Ulster Business School > Department of Business and Enterprise
|Research Institutes and Groups:||Business and Management Research Institute|
|Deposited By:||Professor Colin Glass|
|Deposited On:||25 Jan 2010 10:28|
|Last Modified:||25 Jan 2010 10:28|
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