Efficiency Performance of General Insurance Companies in Malaysia
A two-stage approach in data envelopment analysis (2S-DEA) methodology is used towards decomposing a typical two-stage operation process of general insurance companies, which is conducted in a single operation involving intermediate. Specifically, we evaluate the managerial efficiency and profitabil...
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| Format: | Article |
| Language: | English |
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Academic Research Online Publisher
2015
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| Online Access: | http://umpir.ump.edu.my/id/eprint/10174/ http://umpir.ump.edu.my/id/eprint/10174/ http://umpir.ump.edu.my/id/eprint/10174/1/Efficiency%20Performance%20of%20General%20Insurance%20Companies%20in%20Malaysia.pdf |
| Summary: | A two-stage approach in data envelopment analysis (2S-DEA) methodology is used towards decomposing a typical two-stage operation process of general insurance companies, which is conducted in a single operation involving intermediate. Specifically, we evaluate the managerial efficiency and profitability efficiency of Malaysia-incorporated companies involving in general insurance business for the period 2008-2011, by using the additive efficiency decomposition approach in 2S-DEA of Chen, Cook, Li, and Zhu(2009). We find that the sample firms have to first improve their managerial efficiency, and then proceed to improve their profitability efficiency.
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