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Article #267: BOOK REVIEW: Performance of Financial Institutions: Efficiency, Innovation, Regulation By: Patrick T. Harker and Stavros A. Zenios

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






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