1 X Efficiency
X efficiencies are those cost savings not directly due to economies of scope or economies of scale. As such, they are usually attributed to superior management skills and other difficult-to-measure managerial factors. To date, the explicit identification of what composes these efficiencies remains to be established in the empirical banking literature.
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© 2006 Springer Science+Business Media, Inc.
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(2006). X. In: Lee, CF., Lee, A.C. (eds) Encyclopedia of Finance. Springer, Boston, MA. https://doi.org/10.1007/978-0-387-26336-6_24
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DOI: https://doi.org/10.1007/978-0-387-26336-6_24
Publisher Name: Springer, Boston, MA
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