UMM Logo

Universitas Muhammadiyah Malang


Free Download Journals Directory


International Journal of Accounting Research

.: Home > International Journal of Accounting Research > 2016 > Volume 4 Number 1 > Husain Ashraf S* and Nikita Kumari

An Evaluation of Investment Performance of Private Life Insurance Industry in India

Husain Ashraf S* and Nikita Kumari
Department of Commerce, Aligarh Muslim University, Aligarh, Uttar Pradesh, India
Abstract :
Data Envelopment Analysis (DEA) model is used to provide valuable information on investment efficiency of private life insurance industry in India. This study utilizes two inputs (shareholders’ investments and policyholders’ investments) and two outputs (net returns on investments to the shareholders and net returns on investments to the policyholders). This study focuses upon 20 private life insurance companies operating in India over a period of 4 years from 2010-11 to 2013-14. Since this study attempts to maximize output, an output oriented DEA model is used. The study finds that investment efficiency of private life insurance industry has improved on Banker, Charnes and Cooper (BCC) model and Charnes, Cooper and Rhodes (CCR) model. The study further highlights that during all years under study, 15% to 40% life insurance companies have been found on the CRS frontier and 40% to 60% life insurance companies have been found on the VRS frontier. With regard to scale efficiency issues, 15% to 40% companies have een operated at their most productive scale over the study period.
Keywords :
Data envelopment analysis; Technical efficiency; Pure technical efficiency; Scale efficiency

Date Deposited : 04 Nov 2016 18:51

Last Modified : 04 Nov 2016 18:51

Official URL: http://www.omicsonline.com/open-access/an-evaluation-of-investment-performance-of-private-life-insuranceindustry-in-india-ijar-1000121.php?aid=63911

Volume 4, Number 1, June 2016 , ISSN IJAR, an open access journal

Download:
Full Text Original
Abstract : pdf doc
Home | Peta Situs | Admissions | Student Research | E-Journal
Universitas Muhammadiyah Malang © 2011
Developed by Infokom UMM
Last Update : 13 December 2016 20:46Kumpulan file jurnal