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Influence of the knowledge capital of a bank on its performance
Moraru, Pavel ; Horváth, Roman (advisor) ; Havránková, Zuzana (referee)
This research studies the knowledge implications on the efficiency estimates pf a bank, using an unbalanced representative panel of 17 banks from Czech Republic, categorized, based on the amount of their earning assets, in three groups: big, medium and small. The period of study is between 2002 and 2011 thus comprising the world financial crisis happened between 2007 and 2009. The main finding is that the management value adding has significant and positive influence on the efficiency of the bank, thus highlighting the importance of knowledgeable allocation of resources and decision making. The structural capital is another important knowledge based capital which impacts efficiency. The study, also, confirms, for Czech banking sector, the importance of economies of scale for the efficiency of banks and suggests that fixed assets might become an obsolete in future developments of banking services. The period of world crisis does not appear to have been crucial for the banks of the country analyzed. Keywords: Technical efficiency, Cost efficiency, Knowledge valuation, Knowledge management, Knowledge capital, Economies of scale, Stochastic Frontier Analysis, Czech Republic Author's e-mail: morarupavel@gmail.com
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