Data Envelopment Analysis in the Financial Services Industry : A Guide for Practitioners and Analysts Working in Operations Research Using DEA / by Joseph C. Paradi, H. David Sherman, Fai Keung Tam.

Format:

Book

Author/Creator:

Paradi, Joseph C., Author.

Sherman, H. David., Author.

Tam, Fai Keung., Author.

Series:

International Series in Operations Research & Management Science, 0884-8289 ; 266

Language:

English

Subjects (All):

Operations research.

Decision making.

Management science.

Econometrics.

Operations Research/Decision Theory.

Operations Research, Management Science.

Local Subjects:

Operations Research/Decision Theory.

Operations Research, Management Science.

Econometrics.

Physical Description:

1 online resource (XXX, 370 p. 68 illus., 59 illus. in color.)

Edition:

1st ed. 2018.

Place of Publication:

Cham : Springer International Publishing : Imprint: Springer, 2018.

Summary:

This book presents the methodology and applications of Data Envelopment Analysis (DEA) in measuring productivity, efficiency and effectiveness in Financial Services firms such as banks, bank branches, stock markets, pension funds, mutual funds, insurance firms, credit unions, risk tolerance, and corporate failure prediction. Financial service DEA research includes banking; insurance businesses; hedge, pension and mutual funds; and credit unions. Significant business transactions among financial service organizations such as bank mergers and acquisitions and valuation of IPOs have also been the focus of DEA research. The book looks at the range of DEA uses for financial services by presenting prior studies, examining the current capabilities reflected in the most recent research, and projecting future new uses of DEA in finance related applications.

Contents:

Part1. Data Envelopment Analysis, in brief, with little math

Chapter1. DEA models overview

Chapter2. Survey of the banking literature

Chapter3. Survey of other financial services literature

Part2. DEA in Banking

Chapter4. Banking corporation studies: In-country studies

Chapter5. Banking corporation studies: Multinational studies

Chapter6. Bank branch productivity applications: Basic applications – Efficiency measurement

Chapter7. Bank branch productivity applications: Managing bank productivity

Chapter8. Bank branch productivity applications: Focused applications to improve performance

Chapter9. Bank branch productivity applications: Strategic branch management issues addressed with DEA

Chapter10. Bank branch operational studies using DEA

Chapter11. Bank branch benchmarking with quality as a component

Part3. Non-banking financial services

Chapter12. Securities market applications: Risk measurement of IPOs

Chapter13. Securities market applications: Pension, mutual and hedge fund insights with DEA

Chapter14. Securities market applications: Stock market valuation of securities and financial services – Insights with DEA

Chapter15. Financial services beyond banking: Credit unions

Chapter16. Financial services beyond banking: Insurance

Chapter17. Financial services beyond banking: Corporate failure prediction

Chapter 18. Financial Services beyond Banking: Risk tolerance measures for portfolio investors

Part4. Guidance on applying DEA, interpreting results, recognizing caveats and other useful information

Chapter19. Guide to DEA model formulation

Part5. Conclusions

Chapter20. Conclusions and recommendations.

Notes:

Includes bibliographical references and index.

ISBN:

3-319-69725-0