Economies of Scale in Services: A study of Multinational Insurers

Katrishen, Frances; Scordis, Nicos

doi:10.1057/palgrave.jibs.8490038

Cited by 126 publications

(86 citation statements)

References 20 publications

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“…4 viz. Cummins and Weiss (1993); Cummins et al (1996); Cummins and Zi (1998); Katrischen and Scordis (1998); Rai (1996). 5 For example in Diacon et al (2002); .…”

Section: Introductionmentioning

confidence: 99%

“…6 Fecher et al (1993); Gardner and Grace (1993); Fukuyama (1995); Cummins and Zi (1998). 7 Rai (1996); Cummins et al (1996); Donni and Fecher (1997); Katrischen and Scordis (1998); Diacon et al (2002). The paper is organized as follows: we describe the contextual setting, considering the Portuguese insurance sector in order to shed some light on the threats mentioned above; we survey the existing literature on the topic, with the aim of highlighting the contribution that the present paper seeks to make; we explain the theoretical framework supporting the model used; we present the data and results; we estimate the determinants of the efficient scores; we discuss the results; we put forward the limitations and possible extensions of the study; and finally, we make our concluding remarks.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Evaluating the Efficiency and Productivity of Insurance Companies with a Malmquist Index: A Case Study for Portugal

Barros

Barroso

Borges

2005

Geneva Pap Risk Insur Issues Pract

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This paper estimates changes in total productivity, breaking this down into technically efficient change and technological change by means of data envelopment analysis applied to a representative sample of insurance companies operating in the Portuguese market. The aim of this procedure is to seek out those best practices that will lead to improved performance in the market. We rank the companies according to their change in total productivity for the period 1995-2001, concluding that some companies experienced productivity growth while others experienced a decrease in productivity. The implications arising from the study are considered in terms of managerial policy.

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“…4 viz. Cummins and Weiss (1993); Cummins et al (1996); Cummins and Zi (1998); Katrischen and Scordis (1998); Rai (1996). 5 For example in Diacon et al (2002); .…”

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Evaluating the Efficiency and Productivity of Insurance Companies with a Malmquist Index: A Case Study for Portugal

Barros

Barroso

Borges

2005

Geneva Pap Risk Insur Issues Pract

View full text Add to dashboard Cite

show abstract

“…Slager (2005) suggested that internationalization brings insignificant benefits to the shareholders. Apart from banks, adverse impacts on financial performance from internationalization is evident for other firm types also (Katrishen and Scordis, 1998;Capar and Kotabe, 2003).…”

confidence: 99%

Firm Characteristics and Bank Internationalization in an Emerging Economy

Barua

2017

Asian Economic and Financial Review

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Article History JEL Classification M16, M20, N20, F23, G20, L10. Following the developed economies, banks in the emerging economies also take strategic moves to internationalize in order to expand target market and boost profitability. This research examines how firm-level characteristics of banks effect their international activities in emerging economies, using the case of Bangladesh -a fastgrowing emerging market. This paper utilizes regression with Driscoll-Kraay standard errors and FGLS on the data of 35 banks for the period from 2005 to 2014. The effect has been examined first for all banks, and then grouping the banks by state-owned banks (SOBs) and private commercial banks (PCBs). Findings suggest that bank size, domestic market coverage, and experience from international operations, by and large, induce banks to expand international activities while banks tend to adopt the strategy to reduce international exposure as they grow older. The paper finds substitution effects between domestic branch and foreign presence, and a minimal influence of profitability on internationalization. However, results for private commercial banks and state-owned banks differ substantially. The paper stresses the need for specific regulations to facilitate both internationalization and de-internationalization of banks in the emerging economies. Especially, de-internationalization is critical for banks losing money from internationalization. The paper contributes to the literature by: using new measures of internationalization moves, being the first examination on Bangladesh, and providing new insights for bank regulation in the emerging economies. Contribution/ Originality:This study contributes to the existing literature by developing and using a unique and extensive set of internationalization measures, and by providing critical learning for bank management, especially in the emerging economies, on the influence of firm-level characteristics of banks on their international activities.

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“…In addition to the impact of ownership factor, many studies have examined how economic sector or industry can specifically affect firm behavior through achieving economies of scale (Katrishen & Scordis, 1998) or economic performance (Habib & Victor, 1991). In fact, firm characteristics vary from one economic sector to another.…”

Section: "Do Vietnamese Enterprises Of Different Types Of Ownership Pmentioning

confidence: 99%

Simultaneous Effect of Ownership and Economic Sector on the Performance of Enterprises in Vietnam

Tin¹,

Ngoc²,

Thuan³

et al. 2017

IJEF

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This paper examines the differences in the impact of ownership types and economic sectors on the business efficiency of 4,733 enterprises in Vietnam by the year of 2015. By the method of analysis of variance (ANOVA), it is shown that while types of ownership, foreign, state and private ownership, have a significant and different impact on the performance of businesses, the difference in economic sectors does not affect the enterprise efficiency. In addition, when testing simultaneous effect of these factors, some findings are as follows: private-owned enterprises' efficiency in the manufacturing and service sectors is better than those in agriculture, forestry and fishing sector; conversely, foreign invested enterprises operating in agriculture, forestry and fishing sector own better performance than theirs in manufacturing and service sectors; state-owned enterprises in manufacturing and service sectors is very less efficient than theirs in agriculture, forestry and fishing sector.

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Economies of Scale in Services: A study of Multinational Insurers

Cited by 126 publications

References 20 publications

Evaluating the Efficiency and Productivity of Insurance Companies with a Malmquist Index: A Case Study for Portugal

Evaluating the Efficiency and Productivity of Insurance Companies with a Malmquist Index: A Case Study for Portugal

Firm Characteristics and Bank Internationalization in an Emerging Economy

Simultaneous Effect of Ownership and Economic Sector on the Performance of Enterprises in Vietnam

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