FDI and heterogeneity in bank efficiency: Evidence from emerging markets

The inquiry into whether foreign firms are more productive than local firms has been one of the key research questions among international business scholars. We extend this line of research by addressing the heterogeneity among different performance measures. In this study, we examine the impact of foreign direct investment (FDI) on four internal measures of efficiency, i.e. overall technical, pure technical, scale and cost efficiencies, as well...