A decomposition analysis of managerial efficiency for the insurance companies: A data envelopment analysis approach

被引:8
作者
Nourani, Mohammad [1 ]
Kweh, Qian Long [2 ]
Devadason, Evelyn Shyamala [3 ]
Chandran, V. G. R. [4 ]
机构
[1] Univ Sains Malaysia, Sch Management, Gelugor 11800, Penang, Malaysia
[2] Canadian Univ Dubai, Fac Management, Dubai, U Arab Emirates
[3] Univ Malaya, Fac Econ & Adm, Dept Econ, Kuala Lumpur, Malaysia
[4] Univ Malaya, Fac Econ & Adm, Dept Dev Studies, Kuala Lumpur, Malaysia
关键词
SLACKS-BASED MEASURE; NETWORK DEA; 2-STAGE DEA; US PROPERTY; BLACK-BOX; PERFORMANCE; INDUSTRY; DEREGULATION; STOCK;
D O I
10.1002/mde.3145
中图分类号
F [经济];
学科分类号
02 ;
摘要
The insurance industry worldwide has become less fragmented through liberalization reforms. Yet, following the transformational changes, there is little empirical evidence on identifying the determinants of managerial efficiency. This paper employs a truncated regression analysis to determine the factors driving managerial efficiency of Malaysian insurers. Overall and divisional efficiencies are derived using data envelopment analysis. The decomposition analysis reveals that the observed inefficiency is mainly caused by investment capability division. The regression findings reveal that determinants of efficiency have dissimilar impacts on overall and divisional efficiencies. This study broadly supports financial liberalization as a means of promoting managerial efficiency.
引用
收藏
页码:885 / 901
页数:17
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