Managerial efficiency and failure of U.S. commercial banks during the 2007-2009 financial crisis: was this time different?
Compared with previous crises few banks failed as a result of the U.S. financial crisis of 2007-2009. We investigate the role played by managerial efficiency in the non-systemic bank failures during the crisis. During previous waves of bank failures, cost-inefficient banks and banks with relatively...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Universidad EAFIT
2016-12-01
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Series: | Ecos de Economía |
Online Access: | http://publicaciones.eafit.edu.co/index.php/ecos-economia/article/view/4180/3435 |