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Savings Banks (savings + bank)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting100%

Selected Abstracts

Competition Tests with a Non-Structural Model: the Panzar,Rosse Method Applied to Germany's Savings Banks

GERMAN ECONOMIC REVIEW, Issue 1 2009
Horst Gischer
Banking; competition; market behaviour Abstract. In this paper we adopt the Panzar,Rosse approach to assess the competitive conditions in the German banking market for the period from 1993 to 2002. We suggest several improvements to the empirical application of the approach and show that frequently used empirical models that apply price rather than revenue functions lead to biased results. Using disaggregated annual data from more than 400 savings banks (Sparkassen) the empirical findings indicate monopolistic competition, the cases of monopoly and perfect competition are strongly rejected. Furthermore, small banks seem to enjoy even more market power than larger institutions. [source]

Strategic and Queue effects on Entry in Spanish Banking

JOURNAL OF ECONOMICS & MANAGEMENT STRATEGY, Issue 4 2001
Lucio Fuentelsaz
This paper analyzes the factors that influence entry and geographic diversification decisions, a topic of special strategic interest in a context of growing globalization. The empirical model we propose is tested in a framework, the Spanish savings-bank market,where recent deregulation has eliminated the legal barriers to entry. Our results show two important conclusions for the evolution of the effects of branching deregulation in Europe and the US. First, it seems that entry in new geographical markets has been impeded by the strategic interactions between entrants and incumbents. Second, savings banks exhibit a preference for closer locations at the time of expanding, which may have undermined the effects of deregulation and its potential benefits for consumers. [source]

An Exploration of How the Employee,Organization Relationship Affects the Linkage Between Perception of Developmental Human Resource Practices and Employee Outcomes*

JOURNAL OF MANAGEMENT STUDIES, Issue 1 2008
Bård Kuvaas
abstract The purpose of the present study was to examine whether and how the quality of the employee,organization relationship (EOR) influences the relationship between employee perception of developmental human resource (HR) practices and employee outcomes. Analyses of 593 employees representing 64 local savings banks in Norway showed that four indicators of the EOR (perceived organizational support, affective organizational commitment, and procedural and interactional justice) moderated the relationship between perception of developmental HR practices and individual work performance. A strong and direct negative relationship was found between perception of developmental HR practices and turnover intention, but perceived procedural and interactional justice moderated this linkage. No support was found for a mediating role of the EOR indicators in the relationship between perception of developmental HR practices and employee outcomes. Implications and directions for future research are discussed. [source]

Efficiency in Banking: Empirical Evidence from the Savings Banks Sector

THE MANCHESTER SCHOOL, Issue 2 2002
S. Carbo
This study aims to contribute to the established literature by using the Fourier flexible functional form and stochastic cost frontier methodologies to estimate scale economies and X-inefficiencies for a large sample of European savings banks between 1989 and 1996. In their extensive review of the bank efficiency literature, Berger and Humphrey note that the volume of European studies has not matched that of the USA and there exists a paucity of cross-country studies. Whereas scale economies are widespread and positively related to bank size, we find no evidence of a significant relationship between size and X-efficiency. Generally, scale economies are found to range between 7 and 10 per cent, while X-inefficiency measures appear to be much larger, around 22 per cent. These results suggest that European savings banks can obtain cost reductions through reducing managerial and other inefficiencies and also by increasing the scale of production. [source]

Organizational Form and Expense Preference: Spanish Experience

BULLETIN OF ECONOMIC RESEARCH, Issue 2 2002
Iftekhar Hasan
This article investigates the effect of alternative ownership structures, stock versus mutual, on the cost of production of Spanish depository institutions. By introducing a stochastic frontier analysis in estimating the best,practiced expense,preference behaviour, the empirical approach adjusts for the possibility that the two sectors of the banking industry employ different production technologies and finds evidence that is consistent with expense,preference behaviour by the mutual savings banks. [source]