EVALUATING TECHNICAL EFFICIENCY OF INSURANCE FIRMS OPERATING IN JORDAN AND PALESTINE
| dc.contributor.author | Mohammad Rida Tawfiq Hirzallah | |
| dc.date.accessioned | 2024-05-30T12:12:43Z | |
| dc.date.available | 2024-05-30T12:12:43Z | |
| dc.date.issued | 2022-10-02 | |
| dc.description.abstract | Objective: As the title indicates, the purpose of this research was to evaluate the technical efficiency of the insurance firms operating in Jordan and Palestine markets and examine the factors affecting this efficiency. Methods: Using data of 26 insurance firms covering 2016-2020, Data Envelopment Analysis (DEA) was used to evaluate efficiency score while the Panel Data Analysis (PDA) was used to identify the major factors affecting the technical efficiency of the listed insurance firms on Jordan and Palestine stocks exchange markets. Research results: DEA showed that the insurance firms listed on Palestine Securities Exchange were more efficient than those listed on Amman Stock Exchange Market. Results also showed that non-life insurance firms were more efficient than compound firms on both Palestine Securities and Amman Stock Exchange Market. Panel data regression analysis showed that capital structure and firm size had a negative effect on technical efficiency. However, both market share and Return On Assets (ROA) affected technical efficiency in a positive way. Type of business appeared to have no effect on technical efficiency. Recommendations: In the light of the research results, the researcher recommends that managements of firms raise capital through issuing bonds instead of common stocks, and refrain from expanding largely in company size without sufficient planning. Managements could keep firm profitable and use selling and advertising techniques to increase their market share. Regulatory bodies could issue laws and regulations to control how firms finance their assets in order to prevent an exaggerated increase in their total assets, and control competition in order to avoid illegal collusion between firms. Key Words: Efficiency; technical efficiency; insurance; Jordan; Palestine; DEA. | |
| dc.identifier.uri | https://hdl.handle.net/20.500.11888/18896 | |
| dc.language.iso | en | |
| dc.supervisor | Prof. Dr. Abdul Naser Nour Dr. Ghassan Daas | |
| dc.title | EVALUATING TECHNICAL EFFICIENCY OF INSURANCE FIRMS OPERATING IN JORDAN AND PALESTINE | |
| dc.type | Thesis |