Recently in the insurance sector, efficiency measurement of insurance firms has attracted
great interest from investors, financial market analysts, insurance regulators, and …

This paper presents a literature review on Data Envelopment Analysis assessments of
economic efficiency, covering methodological developments and empirical applications. We …

In recent years there has been an exponential growth in the number of publications related
to theory and applications of Data Envelopment Analysis (DEA). Charnes, Cooper, and …

This article designs a framework for evaluating the causes, consequences, and future
implications of financial services industry consolidation, reviews the extant research …

MERGERS AND ACQUISITIONS among very large financial institutions are becoming more
frequent in markets around the world, attracting the attention of policymakers, researchers …

This article examines the short-and long-run dynamic relationships exhibited between
economic growth and growth in the insurance industry for nine OECD countries. This is …

The role of insurance companies, although growing in importance in financial
intermediation, has received less attention than bank and stock markets and if so, mainly as …

Prior studies show that enterprise risk management improves firm performance. This article
investigates which aspects of enterprise risk management add value. We find that the use of …

In response to fundamental changes in regulation and technology, the financial industry is
undergoing an unprecedented wave of consolidation. A growing body of empirical literature …

This study proposes a new research approach to examine the relationship between board
independence and corporate performance, measured by technical efficiency. Moreover, this …