Productivity and efficiency analysis using DEA: Evidence from financial companies listed in Bursa Malaysia
This study evaluates the technical efficiency, productivity change of financial companies listed in the Malaysian stock exchange (Bursa Malaysia) and examines the effects of productivity change on efficiency over the period 2007–2016. Moreover, this study also concentrates on the ranking of financia...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Growing Science
2019-02-01
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| Series: | Management Science Letters |
| Subjects: | |
| Online Access: | http://www.growingscience.com/msl/Vol9/msl_2019_22.pdf |
| _version_ | 1828751887182069760 |
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| author | Omar Sharif Md Zobaer Hasan Florentina Kurniasari Atang Hermawan Ardi Gunardi |
| author_facet | Omar Sharif Md Zobaer Hasan Florentina Kurniasari Atang Hermawan Ardi Gunardi |
| author_sort | Omar Sharif |
| collection | DOAJ |
| description | This study evaluates the technical efficiency, productivity change of financial companies listed in the Malaysian stock exchange (Bursa Malaysia) and examines the effects of productivity change on efficiency over the period 2007–2016. Moreover, this study also concentrates on the ranking of financial companies according to their efficiency scores. Data Envelopment Analysis (DEA) is uti-lized on a Malmquist Productivity Index in order to calculate the financial companies’ efficiency scores. The results of this study show that some firms were fully efficient. The results implied that these companies were in optimal control of their inputs or resources to generate the maximum outputs. Also, the results indicate a tremendous productivity gain was mostly because of a positive shift in frontier technology and positive shift in technical efficiency. This study is significant because it helps to identify the efficient companies from the financial sector in Malaysia based on multiple inputs and outputs by using the DEA model. Common misspecification problems observed that instability of efficiency scores over productivity. |
| first_indexed | 2024-12-10T21:00:18Z |
| format | Article |
| id | doaj.art-dbc0794b31fa4daea73db03d770c7a50 |
| institution | Directory Open Access Journal |
| issn | 1923-9335 1923-9343 |
| language | English |
| last_indexed | 2024-12-10T21:00:18Z |
| publishDate | 2019-02-01 |
| publisher | Growing Science |
| record_format | Article |
| series | Management Science Letters |
| spelling | doaj.art-dbc0794b31fa4daea73db03d770c7a502022-12-22T01:33:49ZengGrowing ScienceManagement Science Letters1923-93351923-93432019-02-019230131210.5267/j.msl.2018.11.010Productivity and efficiency analysis using DEA: Evidence from financial companies listed in Bursa MalaysiaOmar SharifMd Zobaer HasanFlorentina KurniasariAtang HermawanArdi Gunardi This study evaluates the technical efficiency, productivity change of financial companies listed in the Malaysian stock exchange (Bursa Malaysia) and examines the effects of productivity change on efficiency over the period 2007–2016. Moreover, this study also concentrates on the ranking of financial companies according to their efficiency scores. Data Envelopment Analysis (DEA) is uti-lized on a Malmquist Productivity Index in order to calculate the financial companies’ efficiency scores. The results of this study show that some firms were fully efficient. The results implied that these companies were in optimal control of their inputs or resources to generate the maximum outputs. Also, the results indicate a tremendous productivity gain was mostly because of a positive shift in frontier technology and positive shift in technical efficiency. This study is significant because it helps to identify the efficient companies from the financial sector in Malaysia based on multiple inputs and outputs by using the DEA model. Common misspecification problems observed that instability of efficiency scores over productivity.http://www.growingscience.com/msl/Vol9/msl_2019_22.pdfBursa MalaysiaDEAEfficiencyFinancial CompanyMalmquist productivity index |
| spellingShingle | Omar Sharif Md Zobaer Hasan Florentina Kurniasari Atang Hermawan Ardi Gunardi Productivity and efficiency analysis using DEA: Evidence from financial companies listed in Bursa Malaysia Management Science Letters Bursa Malaysia DEA Efficiency Financial Company Malmquist productivity index |
| title | Productivity and efficiency analysis using DEA: Evidence from financial companies listed in Bursa Malaysia |
| title_full | Productivity and efficiency analysis using DEA: Evidence from financial companies listed in Bursa Malaysia |
| title_fullStr | Productivity and efficiency analysis using DEA: Evidence from financial companies listed in Bursa Malaysia |
| title_full_unstemmed | Productivity and efficiency analysis using DEA: Evidence from financial companies listed in Bursa Malaysia |
| title_short | Productivity and efficiency analysis using DEA: Evidence from financial companies listed in Bursa Malaysia |
| title_sort | productivity and efficiency analysis using dea evidence from financial companies listed in bursa malaysia |
| topic | Bursa Malaysia DEA Efficiency Financial Company Malmquist productivity index |
| url | http://www.growingscience.com/msl/Vol9/msl_2019_22.pdf |
| work_keys_str_mv | AT omarsharif productivityandefficiencyanalysisusingdeaevidencefromfinancialcompanieslistedinbursamalaysia AT mdzobaerhasan productivityandefficiencyanalysisusingdeaevidencefromfinancialcompanieslistedinbursamalaysia AT florentinakurniasari productivityandefficiencyanalysisusingdeaevidencefromfinancialcompanieslistedinbursamalaysia AT atanghermawan productivityandefficiencyanalysisusingdeaevidencefromfinancialcompanieslistedinbursamalaysia AT ardigunardi productivityandefficiencyanalysisusingdeaevidencefromfinancialcompanieslistedinbursamalaysia |