New Information Technology Study Findings Reported from Shandong University of Finance and Economics (Performance Evaluation of Chinese and Foreign Property Insurance Companies Considering Negative Data: Based On the Dynamic Two-stage Ibp-sbm …): Information Technology

2025 APR 08 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- A new study on Information Technology is now available. According to news reporting from Shandong, People’s Republic of China, by NewsRx journalists, research stated, “In the insurance industry, performance evaluation is a crucial instrument for resource management, allocation, and industry development. Negative data, however, have received little attention in the present evaluation system and are considered an undesirable consequence of research evaluation.”

Financial supporters for this research include National Natural Science Foundation of China (NSFC), Major bidding projects of National Social Science Fund of China, Taishan Scholars Project of Shandong Province, Jinan Scientific Research Leader Studio.

The news correspondents obtained a quote from the research from the Shandong University of Finance and Economics, “To fill this gap, this paper establishes an evaluation indicator system that includes negative data and proposes the dynamic two-stage improved base point slacks-based measure (IBP-SBM) model for handling negative data. The model fully considers the internal structure of the production process and the measurement of intermediate products, and obtains the system efficiency and stage efficiency in two steps. In order to verify the applicability of the model, we evaluate the performance of 48 Chinese and foreign property insurance companies over the period from 2018 to 2020 through the proposed model. The empirical results indicate that variations in the investment stage are primarily responsible for shifts in the overall efficiency of the property insurance industry.”

According to the news reporters, the research concluded: “With this method, decision-making is aided by a wealth of information.”

This research has been peer-reviewed.

For more information on this research see: Performance Evaluation of Chinese and Foreign Property Insurance Companies Considering Negative Data: Based On the Dynamic Two-stage Ibp-sbm Model. Socio-economic Planning Sciences, 2025;98. Socio-economic Planning Sciences can be contacted at: Elsevier Science Inc, Ste 800, 230 Park Ave, New York, NY 10169, USA. (Elsevier - www.elsevier.com; Socio-economic Planning Sciences - http://www.journals.elsevier.com/socio-economic-planning-sciences/)

Our news journalists report that additional information may be obtained by contacting Peide Liu, Shandong University of Finance and Economics, School of Management Science and Engineering, Jinan, Shandong, People’s Republic of China. Additional authors for this research include Huizhi Sun and Hongxue Xu.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1016/j.seps.2025.102169. 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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