A Statistical Approach to Evaluating Bank Productivity

  • Veljko Dmitrović University of Belgrade, Faculty of Organizational Sciences
  • Marina Dobrota University of Belgrade, Faculty of Organizational Sciences
  • Snežana Knežević University of Belgrade, Faculty of Organizational Sciences

Abstract

Since 2001, when a new cycle in the process of economic transition was vigorously launched in the country, the Serbian banking sector has incurred deep changes. This issue has acutely affected the banking sector in Serbia proper, directly influencing its performance and efficiency. This paper deals with the application of a new statistical approach – the I-distance method - in measuring the financial performance of banks that do business in Serbia in order to determine their productivity level, thus stressing the performance of banks from the perspective of productivity. Additionally, this point of view is essential for projecting productivity in evaluating overall bank operation efficiency.

Author Biographies

Veljko Dmitrović, University of Belgrade, Faculty of Organizational Sciences

Veljko Dmitrović works at the Faculty of Organizational Sciences, University of Belgrade, at the Department of Financial Management and Accounting. He is completing his PhD studies at the Faculty of Organizational Sciences. He achieved his MSc degree in Financial Management at the Faculty of Organizational Sciences, University of Belgrade, and his BSc and MA degrees in Marketing Management at the Faculty of Economics in Subotica, University of Novi Sad. So far he has authored and coauthored more than 50 papers published in international and national journals and conferences. He has been involved in several research projects. Before the academic career he gained practical experience working for five years in “Fidelinka” a.d., Subotica.

Marina Dobrota, University of Belgrade, Faculty of Organizational Sciences

Marina Dobrota works as a teaching assistant at the Faculty of Organizational Sciences, University of Belgrade, Serbia. She completed her PhD studies at the Faculty of Organizational Sciences. Her major professional interests are applied statistics, composite indicators, ICT development strategy, data mining in medicine, and biostatistics. She published more than 30 articles in scientific journals and conferences. She reviewed several papers in scientific journals in SSCI and SCI-e.

Snežana Knežević, University of Belgrade, Faculty of Organizational Sciences

Snežana Knežević was born in 1966 in Pančevo (Jabuka), where she graduated from the school of economics. She graduated from the Faculty of Economics in Belgrade where she also got her MSc degree. She got her PhD degree at the Faculty of Organizational Sciences in Belgrade. The areas of her scientific interest are Finance, Accounting and Environmental protection. She is fluent in French and English. She has published several monographs and papers of scientific and professional orientation in the country and abroad. Currently, she works at the Faculty of Organizational Sciences in Belgrade, Department of Financial Management. She is an associate member of the Scientific Society Of Economists and a member ot the EUMMAS (EuropeanMarketing and Management Association).

Published
2017-05-25
How to Cite
Dmitrović, V., Dobrota, M., & Knežević, S. (2017). A Statistical Approach to Evaluating Bank Productivity. Management:Journal Of Sustainable Business And Management Solutions In Emerging Economies, 20(75), 47-56. doi:10.7595/management.fon.2015.0010
Section
Articles