Efficiency of Malaysian Politically Connected Insurers: Revisiting the Resource-based View

The resource-based view theory that has influenced the field of intellectual capital management concerns a company's competency and capability. From the theory, the first purpose of this study is to examine the impacts of intellectual capital (IC) and political connections on the efficiency of...

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Main Authors:	Noor Azlinna, Azizan, Qian, Long Kweh, Irene, Wei Kiong Ting
Format:	Article
Language:	English
Published:	Inderscience Enterprises Ltd. 2015
Subjects:	T Technology (General)
Online Access:	http://umpir.ump.edu.my/id/eprint/10152/ http://umpir.ump.edu.my/id/eprint/10152/ http://umpir.ump.edu.my/id/eprint/10152/ http://umpir.ump.edu.my/id/eprint/10152/1/Efficiency%20of%20Malaysian.pdf

id	ump-10152
recordtype	eprints
spelling	ump-101522018-10-11T07:47:32Z http://umpir.ump.edu.my/id/eprint/10152/ Efficiency of Malaysian Politically Connected Insurers: Revisiting the Resource-based View Noor Azlinna, Azizan Qian, Long Kweh Irene, Wei Kiong Ting T Technology (General) The resource-based view theory that has influenced the field of intellectual capital management concerns a company's competency and capability. From the theory, the first purpose of this study is to examine the impacts of intellectual capital (IC) and political connections on the efficiency of Malaysian general insurance companies. The second purpose is to evaluate the moderating effect of political connections on the relationship between IC and efficiency. We apply data envelopment analysis (DEA) to measure efficiency. Following prior studies, we employ Value Added Intellectual Coefficient (VAIC™) as a measure of IC. Using a panel dataset of 64 firm-year observations over the period 2008-2011, we find that politically connected insurers have higher levels of VAIC™ and efficiency. Our regression analysis also shows that VAIC™ and political connections are significantly and positively related to efficiency. The interaction term on VAIC and political connections is also significantly positive. One implication of this study is that it may provide some insight for Malaysian general insurers in managing their resources, especially IC as well as sources from political connections. Inderscience Enterprises Ltd. 2015 Article PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/10152/1/Efficiency%20of%20Malaysian.pdf Noor Azlinna, Azizan and Qian, Long Kweh and Irene, Wei Kiong Ting (2015) Efficiency of Malaysian Politically Connected Insurers: Revisiting the Resource-based View. Journal for International Business and Entrepreneurship Development, 8 (3). http://www.inderscienceonline.com/doi/abs/10.1504/JIBED.2015.070796 DOI: 10.1504/JIBED.2015.070796
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Malaysia Pahang
building	UMP Institutional Repository
collection	Online Access
language	English
topic	T Technology (General)
spellingShingle	T Technology (General) Noor Azlinna, Azizan Qian, Long Kweh Irene, Wei Kiong Ting Efficiency of Malaysian Politically Connected Insurers: Revisiting the Resource-based View
description	The resource-based view theory that has influenced the field of intellectual capital management concerns a company's competency and capability. From the theory, the first purpose of this study is to examine the impacts of intellectual capital (IC) and political connections on the efficiency of Malaysian general insurance companies. The second purpose is to evaluate the moderating effect of political connections on the relationship between IC and efficiency. We apply data envelopment analysis (DEA) to measure efficiency. Following prior studies, we employ Value Added Intellectual Coefficient (VAIC™) as a measure of IC. Using a panel dataset of 64 firm-year observations over the period 2008-2011, we find that politically connected insurers have higher levels of VAIC™ and efficiency. Our regression analysis also shows that VAIC™ and political connections are significantly and positively related to efficiency. The interaction term on VAIC and political connections is also significantly positive. One implication of this study is that it may provide some insight for Malaysian general insurers in managing their resources, especially IC as well as sources from political connections.
format	Article
author	Noor Azlinna, Azizan Qian, Long Kweh Irene, Wei Kiong Ting
author_facet	Noor Azlinna, Azizan Qian, Long Kweh Irene, Wei Kiong Ting
author_sort	Noor Azlinna, Azizan
title	Efficiency of Malaysian Politically Connected Insurers: Revisiting the Resource-based View
title_short	Efficiency of Malaysian Politically Connected Insurers: Revisiting the Resource-based View
title_full	Efficiency of Malaysian Politically Connected Insurers: Revisiting the Resource-based View
title_fullStr	Efficiency of Malaysian Politically Connected Insurers: Revisiting the Resource-based View
title_full_unstemmed	Efficiency of Malaysian Politically Connected Insurers: Revisiting the Resource-based View
title_sort	efficiency of malaysian politically connected insurers: revisiting the resource-based view
publisher	Inderscience Enterprises Ltd.
publishDate	2015
url	http://umpir.ump.edu.my/id/eprint/10152/ http://umpir.ump.edu.my/id/eprint/10152/ http://umpir.ump.edu.my/id/eprint/10152/ http://umpir.ump.edu.my/id/eprint/10152/1/Efficiency%20of%20Malaysian.pdf
first_indexed	2023-09-18T22:09:28Z
last_indexed	2023-09-18T22:09:28Z
_version_	1777414929866817536

Efficiency of Malaysian Politically Connected Insurers: Revisiting the Resource-based View

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