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@article{ Figueira2009,
 title = {The effects of ownership on bank efficiency in Latin America},
 author = {Figueira, Catarina and Nellis, Joseph and Parker, David},
 journal = {Applied Economics},
 number = {18},
 pages = {2353-2368},
 volume = {41},
 year = {2009},
 doi = {https://doi.org/10.1080/00036840701222546},
 urn = {https://nbn-resolving.org/urn:nbn:de:0168-ssoar-241160},
 abstract = {In recent years many countries have privatized their state-owned banks and encouraged foreign investment. This paper investigates the roles of state and private ownership and foreign and domestic ownership on the performance of banks across Latin America. Using a range of financial and economic ratios, data envelopment analysis and regression modelling, the study reveals that by 2001 there was surprisingly little difference in performance between state-owned and privately-owned banks and between foreign and domestically-owned banks. The study also reports significantly different levels of bank performance in different Latin American countries, suggesting that country differences outweighed ownership differences in explaining performance.},
}