<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0120-4645</journal-id>
<journal-title><![CDATA[Cuadernos de Administración (Universidad del Valle)]]></journal-title>
<abbrev-journal-title><![CDATA[cuad.adm.]]></abbrev-journal-title>
<issn>0120-4645</issn>
<publisher>
<publisher-name><![CDATA[Universidad del Valle]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0120-46452016000200036</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Impacto de la gestión de riesgos sobre la eficiencia bancaria en costos, un caso aplicado a los bancos en Colombia]]></article-title>
<article-title xml:lang="en"><![CDATA[Impact of risk management on bank efficiency on costs, a case applied to banks in Colombia]]></article-title>
<article-title xml:lang="fr"><![CDATA[Impact de la gestion des risques sur la rentabilité de la banque, un cas appliqué aux banques en Colombie]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Gómez Daza]]></surname>
<given-names><![CDATA[Jesús Ancizar]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Ríos Saavedra]]></surname>
<given-names><![CDATA[Omar Alexander]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Pontificia Universidad Javeriana Departamento de Contabilidad y Finanzas Grupo de investigación EIDOS]]></institution>
<addr-line><![CDATA[Cali ]]></addr-line>
<country>Colombia</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Universidad del Valle Facultad de Ingenierías Escuela de Estadística]]></institution>
<addr-line><![CDATA[Cali ]]></addr-line>
<country>Colombia</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2016</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2016</year>
</pub-date>
<volume>32</volume>
<numero>56</numero>
<fpage>36</fpage>
<lpage>49</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S0120-46452016000200036&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S0120-46452016000200036&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S0120-46452016000200036&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Esta investigación cuantifica la escala eficiencia técnica y la eficiencia en costos de los establecimientos de crédito colombianos, sobre todo los bancos comerciales. Esta medición se hace a través de la técnica no paramétrica DEA (Data Envelopment Analysis). En una segunda etapa se encuentran los determinantes de los niveles de eficiencia a través de una regresión truncada (regresión de TOBIT). La principal evidencia encontrada muestra que entre los años 2001 y 2012 los bancos comerciales colombianos han aumentado de manera generalizada sus niveles de eficiencia técnica. El resultado más relevante de la segunda etapa permite concluir que las variables que tienen relación con la gestión de riesgos financieros se constituyen en determinantes significativos en los aumentos de eficiencia de los bancos en Colombia, especialmente variables relacionadas con la adecuación de capital (Pilar I) y otras variables involucradas en la gestión de riesgos de mercado, liquidez y operativo (Pilar II) de los acuerdos de Basilea II.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This research quantifies the scale of technical efficiency and cost efficiency of Colombian credit institutions, especially commercial banks. This measurement is performed through the nonparametric technique DEA (Data Envelopment Analysis). In a second stage, the determinants of efficiency levels are estimated through a truncated regression (TOBIT regression). The main found out evidence shows that between 2001 and 2012, the Colombian commercial banks have generally increased their levels of technical efficiency. The most relevant result of the second stage allows us to conclude that the variables related to financial risk management come to be significant determinants of efficiency gains for Colombian banks, especially those variables related to capital adequacy (Pillar I) and other variables involved in the risk management of market, liquidity and operational risks (Pillar II) of the Basel II agreements.]]></p></abstract>
<abstract abstract-type="short" xml:lang="fr"><p><![CDATA[Résumé Cette recherche quantifie l&#8217;efficacité technique de l&#8217;échelle et de la rentabilité des établissements de crédit colombiens, en particulier les banques commerciales. Cette mesure est réalisée grâce à la technique non paramétrique DEA (Data Envelopment Analysis). Dans une deuxième étape on trouve les déterminants des niveaux d&#8217;efficacité grâce à une régression tronquée (régression de TOBIT). Le principal élément de preuve trouvé montre qu&#8217;entre 2001 et 2012 les banques commerciales colombiennes ont augmenté de façon générale leurs niveaux d&#8217;efficacité technique. Le résultat le plus important de la seconde étape permet de conclure que les variables qui sont liées à la gestion des risques financiers déterminent significativement les augmentations de l&#8217;efficacité des banques en Colombie, en particulier les variables liées à la suffisance du capital (Pilar I) et d&#8217;autres variables impliquées dans la gestion des risques de marché, de liquidité et opérationnel (Pilar II) des accords de Basilea II.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Basilea II]]></kwd>
<kwd lng="es"><![CDATA[DEA]]></kwd>
<kwd lng="es"><![CDATA[Eficiencia]]></kwd>
<kwd lng="es"><![CDATA[Regulación bancaria]]></kwd>
<kwd lng="es"><![CDATA[Riesgo]]></kwd>
<kwd lng="es"><![CDATA[Tobit]]></kwd>
<kwd lng="en"><![CDATA[Basel II]]></kwd>
<kwd lng="en"><![CDATA[DEA]]></kwd>
<kwd lng="en"><![CDATA[Efficiency]]></kwd>
<kwd lng="en"><![CDATA[Bank regulation]]></kwd>
<kwd lng="en"><![CDATA[Risk]]></kwd>
<kwd lng="en"><![CDATA[Tobit]]></kwd>
<kwd lng="fr"><![CDATA[Basilea]]></kwd>
<kwd lng="fr"><![CDATA[DEA]]></kwd>
<kwd lng="fr"><![CDATA[Efficacité]]></kwd>
<kwd lng="fr"><![CDATA[Réglementation bancaire]]></kwd>
<kwd lng="fr"><![CDATA[Risque]]></kwd>
<kwd lng="fr"><![CDATA[Tobit]]></kwd>
</kwd-group>
</article-meta>
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