163178 20251017161900.0 doi 10.1111/eufm.70017 sideral 145676 ART-2025-145676 eng Gargallo, Pilar Universidad de Zaragoza (orcid)0000-0003-1205-1756 The Impact of Risk Exposure and Environmental Conditions on European Banking Efficiency 2025 This study investigates the determinants of bank cost efficiency in Europe by applying a dynamic Bayesian stochastic frontier approach. We distinguish between two conceptually and empirically separate components of efficiency: (1) an intrinsic component, driven by internal bank features such as size and risk exposure, and (2) an extrThis study investigates the determinantsnsic component, shaped by broader sectoral and macroeconomic conditions. The results confirm that cost efficiency is significantly influenced by intrinsic factors, as well as by environmental conditions. The relative influence of intrinsic and extrinsic factors varies across countries and over time, highlighting the importance of context-specific and adaptive policy and managerial responses. Access copy available to the general public Unrestricted info:eu-repo/grantAgreement/ES/DGA/S41-23R info:eu-repo/semantics/openAccess by-nc-nd https://creativecommons.org/licenses/by-nc-nd/4.0/deed.es info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Moreno, Jordi Salvador, Manuel Universidad de Zaragoza (orcid)0000-0002-5788-6661 4014 623 Universidad de Zaragoza Dpto. Economía Aplicada Área Métodos Cuant.Econ.Empres (2025), [22 pp.] European Financial Management European Financial Management 1354-7798 2651103 http://zaguan.unizar.es/record/163178/files/texto_completo.pdf Versión publicada 2254496 http://zaguan.unizar.es/record/163178/files/texto_completo.jpg?subformat=icon icon Versión publicada oai:zaguan.unizar.es:163178 articulos driver 2025-10-17-14:07:33 ARTICLE