Mara Madaleno - Böcker

Economic efficiency analysis has received considerable worldwide attention in the last few decades, with Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA) establishing themselves as the two dominant approaches in the literature. This book, by combining cutting-edge theoretical research on DEA and SFA with attractive real-world applications, offers a valuable asset for professors, students, researchers, and professionals working in all branches of economic efficiency analysis, as well as those concerned with the corresponding economic policies.The book is divided into three parts, the first of which is devoted to basic concepts, making the content self-contained. The second is devoted to DEA, and the third to SFA. The topics covered in Part 2 range from stochastic DEA to multidirectional dynamic inefficiency analysis, including directional distance functions, the elimination and choice translating algorithm, benefit-of-the-doubt composite indicators,and internal benchmarking for efficiency evaluations. Part 3 also includes exciting and cutting-edge theoretical research on e.g. robustness, nonparametric stochastic frontier models, hierarchical panel data models, and estimation methods like corrected ordinary least squares and maximum entropy.

This edited volume, stemming from scholarly debate at the 1st International Conference on Sustainable Finance at Lusíada University, brings together interdisciplinary experts to critically examine the regulatory, behavioral, and market-based dimensions of greenwashing and sustainable finance. It unpacks the regulatory frameworks, exposes the realities of greenwashing, and explores the financial sector’s role in shaping a resilient, sustainable future. Part I explores how EU institutions and central banks are laying the groundwork for sustainable finance and how policy is evolving to combat misleading environmental claims. Part II reveals the narratives and facts behind greenwashing in European financial markets—backed by real-world cases and regional data. Part III examines the intersection of ESG, earnings management, green bonds, and crisis resilience. With contributions from leading researchers and policy experts, this book is essential reading for academics, regulators, financial professionals, and anyone seeking clarity in the complex world of sustainable finance.