The Impacts of Risk-Management Committee Characteristics and Prestige on Efficiency
We examine the effects of risk-management committee characteristics and prestige on efficiency, as well as the moderating effect of risk-management committee prestige on the association between risk-management committee characteristics and the efficiency of Malaysian insurance companies between 2008...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Operational Research Society Ltd.
2016
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| Subjects: | |
| Online Access: | http://umpir.ump.edu.my/id/eprint/12011/ http://umpir.ump.edu.my/id/eprint/12011/ http://umpir.ump.edu.my/id/eprint/12011/ http://umpir.ump.edu.my/id/eprint/12011/1/The%20Impacts%20of%20Risk-Management%20Committee%20Characteristics%20and%20Prestige%20on%20Efficiency.pdf |
| Summary: | We examine the effects of risk-management committee characteristics and prestige on efficiency, as well as the moderating effect of risk-management committee prestige on the association between risk-management committee characteristics and the efficiency of Malaysian insurance companies between 2008 and 2013. We apply the dynamic network slacks-based measure model to estimate efficiency, and truncated regression with a bootstrapping procedure to examine the impacts of risk-management committee characteristics and prestige on efficiency. We find significantly positive relationships among the variables, with the exception of the number of risk-management committee meetings. Furthermore, risk-management committee prestige could minimize the positive effect of risk-management committee characteristics on efficiency. |
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