Frontier efficiency, capital structure, and portfolio risk: An empirical analysis of U.S. banks

Firm’ ability to effectively allocate capital and manage risks is the essence of their production and performance. This study investigated the relationship between capital structure, portfolio risk levels and firm performance using a large sample of U.S. banks from 2001 to 2016. Stochastic frontier...

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Bibliographic Details
Main Authors: Ding, D. (Author), Sickles, R.C (Author)
Format: Article
Language:English
Published: Elsevier B.V. 2018
Subjects:
Online Access:View Fulltext in Publisher