Comparison of selected methods for performance evaluation of Czech and Slovak commercial banks

Gavurová, Beáta; Belás, Jaroslav; Kočišová, Kristína; Klieštik, Tomáš

dc.title	Comparison of selected methods for performance evaluation of Czech and Slovak commercial banks	en
dc.contributor.author	Gavurová, Beáta
dc.contributor.author	Belás, Jaroslav
dc.contributor.author	Kočišová, Kristína
dc.contributor.author	Klieštik, Tomáš
dc.relation.ispartof	Journal of Business Economics and Management
dc.identifier.issn	1611-1699 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued	2017
utb.relation.volume	18
utb.relation.issue	5
dc.citation.spage	852
dc.citation.epage	876
dc.type	article
dc.language.iso	en
dc.publisher	Taylor and Francis Inc.
dc.identifier.doi	10.3846/16111699.2017.1371637
dc.relation.uri	https://journals.vgtu.lt/index.php/JBEM/article/view/1267
dc.relation.uri	http://www.tandfonline.com/doi/abs/10.3846/16111699.2017.1371637
dc.subject	bank performance index	en
dc.subject	bank ranking	en
dc.subject	banking sector performance	en
dc.subject	banking sector stability	en
dc.subject	MCDA methods	en
dc.subject	multi-criteria methods	en
dc.subject	rating criteria	en
dc.description.abstract	The successful development of economy is based on the efficient and stable performance of commercial banks. A broad range of methods is used to evaluate them. Each method has its own specific features and logic, which results in the existence of discrepancies in the results of their evaluation. For this reason, as well as due to the elimination of model risk, numerous methods are recommended in practice to detect multidimensional disproportions in bank performance and to create a comparator base. This led to the realization of the research aimed at assessing the performance of selected Czech and Slovak banks by applying several methods and evaluating the process and outcome differences of these methods. The data were obtained from the non-consolidated financial statements published in the annual reports of the evaluated banks. The analysis showed that all methods have roughly the same results. Almost perfect correlation had been found not only among the methods of multi-criteria evaluation, but also among the other investigators. © 2017 Vilnius Gediminas Technical University (VGTU) Press.	en
utb.faculty	Faculty of Management and Economics
dc.identifier.uri	http://hdl.handle.net/10563/1007576
utb.identifier.obdid	43876902
utb.identifier.scopus	2-s2.0-85032502880
utb.identifier.wok	000419968000003
utb.source	j-scopus
dc.date.accessioned	2018-01-15T16:31:30Z
dc.date.available	2018-01-15T16:31:30Z
dc.description.sponsorship	VEGA 1/0446/15, VEGA, Vedecká Grantová Agentúra MŠVVaŠ SR a SAV
dc.description.sponsorship	Slovak Scientific Grant Agency within VEGA [1/0446/15]
dc.rights	Attribution 4.0 International
dc.rights.uri	https://creativecommons.org/licenses/by/4.0/
dc.rights.access	openAccess
utb.contributor.internalauthor	Belás, Jaroslav
utb.fulltext.affiliation	Beata GAVUROVA1, Jaroslav BELAS2, Kristina KOCISOVA3, Tomas KLIESTIK4 1,3 Department of Banking and Investment, Faculty of Economics, Technical University of Košice, Nemcovej 32, 040 01 Kosice, Slovakia 2 Department of Enterprise Economics, Faculty of Management and Economics, Tomas Bata University in Zlín, Mostni 5139, 760 01 Zlin, Czech Republic 4 University of Zilina, Faculty of Operation and Economics of Transport and Communications, Univerzitna 1, 010 26 Zilina, Slovakia E-mails: 1beata.gavurova@tuke.sk (corresponding author); 2belas@fame.utb.cz; 3kristina.kocisova@tuke.sk; 4tomas.kliestik@fpedas.uniza.sk Beata GAVUROVA, PhD, Assoc. Professor, is an expert in finance, financial analysis and financial risk management. She focuses in her research work on issues of measurement and performance management in various sectors, process management and process optimization, strategic and performance benchmarking. She is involved in the preparation of national and regional strategic plans. Her dominant research area is the development and testing in the management and performance measurement, the evaluation of methodologies and the preparation of an application platform for innovative management and performance measurement with the support of ICT. She has led several national projects, participates in international focusing on the field of innovative ICT solutions in the private as well as in the public sector. She is involved in the preparation of national and regional strategic plans. She cooperates with several institutions of the health and social system in Slovakia. She is the author and co-author of more than 200 scientific publications. Jaroslav BELAS, PhD, is Full Professor. He is a renowned expert in commercial banking and risk management of SMEs. He worked in the banking sector of Slovakia from 1993 to 2001. In academic field he has worked at the University of Economics in Bratislava and the Pan European University in Bratislava. He is currently at Tomas Bata University in Zlin, Faculty of Management and Economics. He is an author of 9 monographs; the results of the research activities have been outputted through 70 various scientific works that have been published in prestigious journals. He is a member of the Scientific Council of Pan European University in Bratislava and the Scientific Council of Georg Žilina publisher in Slovakia. Currently he manages 5 scientific projects. Kristina KOCISOVA, PhD, is Assoc. Professor, in her research work focuses on issues of financial and banking systems, diagnostics competition, stability, efficiency of banking sector, banks or bank branches in the national economy. In her research she applies traditional techniques, but also models based on the usage of informational technology. The achieved results apply as an assistant professor in teaching subjects Banking, Central banking, Payment systems, Management of banking operations and Selected models and analysis in banking. Tomas KLIESTIK, PhD, is Full Professor. He is an expert in application of quantitative mathematical statistical methods in financial management of companies and methods of risk quantification and diversification. He is currently head of the Department of Economics at the Faculty of Operation and Economics of Transport and Communications, University of Zilina. He is an author of 4 monographs; results of his research activities have been published in more than 120 various scientific works from which 31 are indexed in the Web of Science database. His works have recorded more than 450 citations from which 215 are indexed in Web of Science database. Currently he manages one scientific project financed by Slovak Research and Development Agency and one scientific project financed by Scientific Grant Agency of the Ministry of Education, Science, Research and Sport of the Slovak Republic and Slovak Academy of Sciences.
utb.fulltext.dates	Received 11 June 2017; accepted 22 August 2017
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utb.fulltext.sponsorship	Research behind this paper was supported by the Slovak Scientific Grant Agency within the project VEGA 1/0446/15.
utb.scopus.affiliation	Department of Banking and Investment, Faculty of Economics, Technical University of Košice, Nemcovej 32, Kosice, Slovakia; Department of Enterprise Economics, Faculty of Management and Economics, Tomas Bata University in Zlín, Mostni 5139, Zlin, Czech Republic; University of Zilina, Faculty of Operation and Economics of Transport and Communications, Univerzitna 1, Zilina, Slovakia
utb.fulltext.projects	VEGA 1/0446/15