Stakeholder’s financial relations and bank business management efficiency: evidence from Ukraine

The paper is devoted to development of evaluation of the bank business management efficiency in the system of financial relationships of their stakeholders. Non-achievement the required level of value-added banking business we divided into two groups: 1) associated with irrationality of constructing system of financial relations with their stakeholders; 2) related to the common for homogeneous group of banks problems with adaptation to national con-ditions of conducting banking business. In a sample of 1228 Ukrainian banks, we find that domestic banks are more adapted to the conditions of banking system although in long run foreign banks are more efficient.