Findings from Hefei University of Technology Provides New Data on Chinese Management Studies (Configuration Analysis of Influencing Factors of Operating Efficiency Based On Fsqca: Evidence From China’s Property Insurance Industry)

2021 APR 29 (NewsRx) -- By a News Reporter-Staff News Editor at Politics, Law & Government Daily -- Current study results on Business - Chinese Management Studies have been published. According to news reporting originating from Hefei, People’s Republic of China, by NewsRx correspondents, research stated, “Based on the perspective of complexity theory, the operation process of property insurance companies can be regarded as a complex dynamic nonlinear chaotic system. This paper aims to measure the operating efficiency of 29 Chinese domestic property and casualty (P&C) companies and 18 foreign-invested P&C companies from 2011 to 2017 and outline the path to achieving high-quality development.”

Financial support for this research came from Social Science Foundation of Anhui Provincial Education Department.

Our news editors obtained a quote from the research from the Hefei University of Technology, “Design/methodology/approach The data were obtained from the Chinese Insurance Yearbook and China Statistical Yearbook 2012-2018. The data envelopment analysis method was used to calculate the technical efficiency of property insurance companies and fuzzy set qualitative comparative analysis is used for configuration analysis of determinants affecting technical efficiency. This paper founds the average technical efficiency of Chinese domestic P&C insurance companies was 0.914 and that of foreign-invested P&C insurance companies was 0.895. The average total factor productivity of Chinese domestic P&C insurance companies was 1.058 and that of foreign-invested P&C insurance companies was 1.051. There were three modes to improve the company’s technical efficiency, with high loss ratio and low reinsurance ratio, poor employee education and higher leverage ratio and high leverage ratio and low reinsurance ratio as the core conditions. Originality/value This study puts forward four applicable, targeted and proven ways to improve the technical efficiency of China’s P&C insurance industry.”

According to the news editors, the research concluded: “These configurations were verified by the cases of existing property insurance companies, which can provide practical references for the insurance industry.”

This research has been peer-reviewed.

For more information on this research see: Configuration Analysis of Influencing Factors of Operating Efficiency Based On Fsqca: Evidence From China’s Property Insurance Industry. Chinese Management Studies, 2021. Chinese Management Studies can be contacted at: Emerald Group Publishing Ltd, Howard House, Wagon Lane, Bingley BD16 1WA, W Yorkshire, England. (Emerald Group Publishing - www.emeraldinsight.com; Chinese Management Studies - http://www.emeraldinsight.com/journals.htm?issn=1750-614X)

The news editors report that additional information may be obtained by contacting Yaokuang Li, Hefei University of Technology, School of Management, Hefei, People’s Republic of China. Additional authors for this research include Zhiguang Li and Wei Zhang.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1108/CMS-04-2020-0151. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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