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Efficiency and Demutualization: Evidence From the U.S. Life Insurance Industry in the 1980s and 1990s
15 references·8 citing·38 second hop
Efficiency and Demutualization: Evidence From the U.S. Life Insurance Industry in the 1980s and 1990s (2007)Efficiency and Demutualization: Evidence …Ownership Structure Changes in the Insurance Industry: An Analysis of Demutualization (2003)Ownership Structure Changes i…Evaluating solvency versus efficiency performance and different forms of organization and marketing in US property––liability insurance companies (2003)Evaluating solvency versus ef…Analyzing Firm Performance in the Insurance Industry Using Frontier Efficiency and Productivity Methods (2000)Analyzing Firm Performance in…Organizational Form and Efficiency: The Coexistence of Stock and Mutual Property-Liability Insurers (1999)Organizational Form and Effic…Consolidation and efficiency in the US life insurance industry (1999)Consolidation and efficiency …Comparison of Frontier Efficiency Methods: An Application to the U.S. Life Insurance Industry (1998)Comparison of Frontier Effici…The Coexistence of Multiple Distribution Systems for Financial Services: The Case of Property‐Liability Insurance (1997)The Coexistence of Multiple D…The measurement of efficiency in life insurance: Estimates of a mixed normal-gamma error model (1993)The measurement of efficiency…Ownership Structure and Performance: The Demutualization of Life Insurers (1992)Ownership Structure and Perfo…Malmquist Productivity Indexes and Fisher Ideal Indexes (1992)Malmquist Productivity Indexe…Ownership structure and control (1986)Ownership structure and contr…The Measurement of Efficiency of Production (1985)The Measurement of Efficiency…Ownership and Performance: Stock and Mutual Life Insurance Companies (1972)Ownership and Performance: St…The Measurement of Productive Efficiency (1957)The Measurement of Productive…Index numbers and indifference surfaces (1953)Index numbers and indifferenc…An empirical investigation of efficiency and productivity in the Indian non-life insurance market (2019)An empirical investigation of…Competition and efficiency in the non-life insurance market in South Africa (2016)Competition and efficiency in…Efficiency Measure of Insurance v/s Takaful Firms Using DEA Approach : A Case of Pakistan (2014)Efficiency Measure of Insuran…Efficiency analysis of information technology and online social networks management: An integrated DEA-model assessment (2014)Efficiency analysis of inform…Managerial Discretion and Corporate Governance in Publicly Traded Firms: Evidence From the Property–Liability Insurance Industry (2011)Managerial Discretion and Cor…Analysis and Valuation of Insurance Companies (2011)Analysis and Valuation of Ins…The Underpricing of Insurance IPOs (2009)The Underpricing of Insurance…The Wealth Effect of Demutualization: Evidence From the U.S. Property‐Liability and Life Insurance Industries (2008)The Wealth Effect of Demutual…The Problem of Social Cost (1960)On financial contracting (1979)Agency Problems and Residual Claims (1983)Ownership Structure Across Lines of Property-Casualty Insurance (1988)Catastrophe Insurance, Capital Markets, and Uninsurable Risks (1997)Profitability and Efficiency in the U.S. Life Insurance Industry (2004)Production Frontiers and Panel Data (1984)What's different about banks? (1985)Efficiency of financial institutions: International survey and directions for future research (1997)Conglomeration versus Strategic Focus: Evidence from the Insurance Industry (2000)An Empirical Investigation of Market Structure, Efficiency, and Performance in Property‐Liability Insurance (2005)The Economics of Insurance Intermediaries (2006)The Coefficient of Resource Utilization (1951)The Economic Theory of Index Numbers and the Measurement of Input, Output, and Productivity (1982)Malmquist Productivity Indexes: A Survey of Theory and Practice (1998)Productivity growth in large US commercial banks: The initial post-deregulation experience (2001)Some Remarks on Productivity and its Decompositions (2003)Does Insurance Promote Economic Growth? Evidence from OECD Countries (2000)Deregulation, Consolidation, and Efficiency: Evidence from the Spanish Insurance Industry (2006)Performance and size: empirical evidence from Portuguese SMEs (2007)Productivity Growth, Technical Progress, and Efficiency Change in Industrialized Countries (2016)On the estimation of technical inefficiency in the stochastic frontier production function model (1982)Prediction of firm-level technical efficiencies with a generalized frontier production function and panel data (1988)Efficiency in the international insurance industry: A cross-country comparison (2009)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Data Envelopment Analysis: Theory, Methodology, and Applications (1994)Economies of scope in financial services: A DEA efficiency analysis of the US insurance industry (2010)Analyzing Firm Performance in the Insurance Industry Using Frontier Efficiency and Productivity Methods (2013)Measuring the efficiency of decision making units (1978)Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis (1984)Determining management behaviour in European banking (2004)Productivity changes in Swedish pharamacies 1980?1989: A non-parametric Malmquist approach (1992)The impact of liberalization on the productive efficiency of Indian commercial banks (1997)Entrepreneurship, innovation, and corruption (2008)Formulation and estimation of stochastic frontier production function models (1977)Multilateral Productivity Comparisons When Some Outputs are Undesirable: A Nonparametric Approach (1989)Recent developments in DEA (1990)Sensitivity Analysis of Efficiency Scores: How to Bootstrap in Nonparametric Frontier Models (1998)
this work references cited by second hop

References

  • 1957The Measurement of Productive Efficiency16,116 cited
  • 1985The Measurement of Efficiency of Production2,139 cited
  • 1953Index numbers and indifference surfaces2,099 cited
  • 1999Consolidation and efficiency in the US life insurance industry367 cited
  • 1998Comparison of Frontier Efficiency Methods: An Application to the U.S. Life Insurance Industry320 cited
  • 1999Organizational Form and Efficiency: The Coexistence of Stock and Mutual Property-Liability Insurers289 cited
  • 1992Malmquist Productivity Indexes and Fisher Ideal Indexes272 cited
  • 1993The measurement of efficiency in life insurance: Estimates of a mixed normal-gamma error model253 cited
  • 1997The Coexistence of Multiple Distribution Systems for Financial Services: The Case of Property‐Liability Insurance247 cited
  • 1986Ownership structure and control188 cited
  • 2003Ownership Structure Changes in the Insurance Industry: An Analysis of Demutualization117 cited
  • 2000Analyzing Firm Performance in the Insurance Industry Using Frontier Efficiency and Productivity Methods113 cited
  • 2003Evaluating solvency versus efficiency performance and different forms of organization and marketing in US property––liability insurance companies82 cited
  • 1992Ownership Structure and Performance: The Demutualization of Life Insurers

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69 cited
  • 1972Ownership and Performance: Stock and Mutual Life Insurance Companies40 cited
  • Cited by

    • 2016Competition and efficiency in the non-life insurance market in South Africa60 cited
    • 2011Analysis and Valuation of Insurance Companies51 cited
    • 2019An empirical investigation of efficiency and productivity in the Indian non-life insurance market46 cited
    • 2014Efficiency analysis of information technology and online social networks management: An integrated DEA-model assessment42 cited
    • 2014Efficiency Measure of Insurance v/s Takaful Firms Using DEA Approach : A Case of Pakistan37 cited
    • 2011Managerial Discretion and Corporate Governance in Publicly Traded Firms: Evidence From the Property–Liability Insurance Industry32 cited
    • 2008The Wealth Effect of Demutualization: Evidence From the U.S. Property‐Liability and Life Insurance Industries21 cited
    • 2009The Underpricing of Insurance IPOs18 cited