EVALUATING TECHNICAL EFFICIENCY OF INSURANCE FIRMS OPERATING IN JORDAN AND PALESTINE
نوع المنشور
ورقة مؤتمر
المؤلفون
النص الكامل
تحميل

Abstract The purpose of this research is to evaluate the technical efficiency of the insurance firms operating in Jordan and Palestine markets and examine the factors that affect this efficiency. Using a data of 26 insurance firms over the period 2016-2020, data envelopment analysis (DEA) was used to evaluate efficiency score, and panel data analysis was employed to identity the major factors affecting the technical efficiency of the listed insurance firms in Jordan and Palestine stocks exchange markets. The data envelopment analysis shows that the listed insurance firms in Palestine Exchange Market (PSE) are more efficient than those listed in Amman Stock Exchange Market (ASE). Panel data regression analysis shows that capital structure and firm size have both a negative effect on technical efficiency. However, both market share and ROA affect technical efficiency in a positive way. From these results management of firms could raise capital through issuing bonds instead of common stocks, and might not expand largely in company size without sufficient planning. Regularity body might issue laws and regulation which control how firms finance its assets in order to prevent an exaggerated increasing in firm’s total assets, and control the competition in order to avoid illegal collusion between firms. Key Words: Efficiency; technical efficiency; insurance; Jordan; Palestine; DEA.

المؤتمر
عنوان المؤتمر
المؤتمر الخامس المحكّم لكليّة الاقتصاد والعلوم الاجتماعيّة للعام الأكاديمي 2022 / 2023 "استدامة الاقتصاد في عصر الثورة الصناعية 5.0" CESS 2023
دولة المؤتمر
فلسطين
تاريخ المؤتمر
10 مايو، 2023 - 10 مايو، 2023
راعي المؤتمر
An-Najah National University
معلومات إضافية
موقع المؤتمر الإلكتروني