 Bank efficiency estimation and the change of the accounting standards: evidence from GreeceA.I. Dimitras, Kyriaki Kosmidou and A.K. Apostolou International Journal of Managerial and Financial Accounting, 2010, vol. 2, issue 1, 20-39 Abstract: The paper investigates the effect of the changes in the accounting standards on the efficiency estimates of the Greek banks. The paper presents the main changes in the accounting system for the Greek commercial banks with the adoption of IFRS. Using the financial reports of the banks for the years 2004 (prepared in conformity with local GAAP) and 2005 (prepared in conformity with IFRS and including the adjusted to IFRS relevant financial statements of 2004), we investigate the performance of the Greek banking sector. Several efficiency estimates of individual banks are estimated using non-parametric data envelopment analysis (DEA). Specifically, there are three different approaches employed to differentiate how efficiency scores vary with changes in inputs and outputs due to the changes in the accounting system. The differences in the information and performance evaluation are presented and the results are discussed thoroughly. Keywords: accounting standards; bank efficiency; data envelopment analysis; DEA; Greece; IFRS; performance evaluation; Greek banks. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:injmfa:v:2:y:2010:i:1:p:20-39 Access Statistics for this article More articles in International Journal of Managerial and Financial Accounting from Inderscience Enterprises Ltd |
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