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Keywords: Risk-adjusted efficiency
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Journal Articles
Journal of Risk Finance (2025) 26 (3): 485–515.
Published: 29 April 2025
...Danijel Petrović; Apostolos Dasilas; Goran Karanović Purpose The purpose of this paper is to examine the relationship between risk management and efficiency. To achieve this, risk-adjusted efficiency is calculated on a longitudinal sample of 589 banks over a period from 2015 to 2021. Design...

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