New Findings from Science University of Malaysia Update Understanding of Managerial and Decision Economics (A decomposition analysis of managerial efficiency for the insurance companies: A data envelopment analysis approach)

2020 MAR 10 (NewsRx) -- By a News Reporter-Staff News Editor at Economics Daily Report -- Fresh data on Economics - Managerial and Decision Economics are presented in a new report. According to news reporting from Penang, Malaysia, by NewsRx journalists, research stated, “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.”

The news correspondents obtained a quote from the research from the Science University of Malaysia, “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.”

According to the news reporters, the research concluded: “This study broadly supports financial liberalization as a means of promoting managerial efficiency.”

For more information on this research see: A decomposition analysis of managerial efficiency for the insurance companies: A data envelopment analysis approach. Managerial and Decision Economics, 2020;():. Managerial and Decision Economics can be contacted at: John Wiley & Sons Ltd, The Atrium, Southern Gate, Chichester PO19 8SQ, W Sussex, England. (Wiley-Blackwell - http://www.wiley.com/; Managerial and Decision Economics - http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1099-1468)

Our news journalists report that additional information may be obtained by contacting M. Nourani, Science University of Malaysia, School of Management, Gelugor 11800, Penang, Malaysia. Additional authors for this research include Q.L. Kweh, E.S. Devadason and V.G.R. Chandran.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1002/mde.3145. 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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