The Annals of Operations Research published the paper “Cooperative banks, business models and efficiency: A stochastic frontier approach analysis” co-authored by EMEA President, Prof. Rym Ayadi and EMEA Research Fellows Sandra Challita and Doriana Cucinelli.
The paper examines the relationship between bank business models (BBMs) and the cost and profit efficiency of cooperative banks from fifteen European countries over the period 2010–2020. Using the cluster analysis method, the authors identify five BBMs, i.e., three retail-oriented BBMs and two market-oriented BBMs, and suggest that although cooperative banks share common characteristics and objectives, such as mutualism, localism and a stakeholder view, they pursue their goals by implementing different strategies.
The paper is available at https://link.springer.com/article/10.1007/s10479-023-05526-9
The Annals of Operations Research publishes peer-reviewed original articles dealing with key aspects of operations research, including theory, practice, and computation. The journal publishes full-length research articles, short notes, expositions and surveys, reports on computational studies, and case studies that present new and innovative practical applications.
