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