... efficiency is a necessary and sufficient condition to hedge the welfare losses. Practical implications The results demonstrate that financial consumer protection cannot be achieved without cost efficiency in the presence of both foreign banks and high market knowledge. Therefore, our paper suggests...

...Maryam Kriese; Joshua Yindenaba Abor; Elikplimi Agbloyor Purpose The purpose of this paper is to examine the moderating role of financial consumer protection (FCP) in the access–development nexus. Design/methodology/approach The study is based on cross-country data on 102 countries surveyed...