| BOOK REVIEW: Performance of Financial | | | | institutions; Drivers of performance: Identification, |
| Institutions: Efficiency, Innovation, Regulation | | | | Specification & Measurement; Environmental |
| It is rare for a financial text to be written by a | | | | drivers of performance and finally, performance |
| Cypriot author yet one of the authors (Stavros | | | | and risk management. |
| A. Zenios) is a Professor at the University of | | | | Though the book is well written it is more geared |
| Cyprus. | | | | towards persons involved in research in the |
| The aim of the book is to examine whether | | | | financial management sector rather than your |
| financial intermediaries operate efficiently on a | | | | ordinary layman. Nevertheless there are many |
| worldwide basis. Due to the fact that the book is | | | | useful aspects to this book. I personally found the |
| written by two academics, it is a well-researched | | | | chapter on "What Makes a Bank Efficient?" very |
| book with many real life examples involving | | | | useful and there are other aspects to the book |
| financial institutions in various countries. | | | | that provide useful data to relevant parties |
| The book is dividend into various sections such as: | | | | involved in the financial services industry. |
| What drives the performance of financial | | | | |