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Hwang, Tienyu and Gao, Simon S (2005) An empirical study of cost efficiency in the Irish life insurance industry. International Journal of Accounting Auditing and Performance Evaluation, 2 (3). pp. 264-280. ISSN 1740 8016
Full text not available from this repository. (Request a copy)Abstract/Description
Contemporary studies of cost efficiency in the insurance industry have predominantly focused on large economies. This paper investigates scale economies and cost efficiency in the Irish life insurance industry by using the translog cost function and distribution-free method. Increasing returns to scale are found in the industry but the magnitude of cost economies varies with firm size. This study indicates that firms with larger market shares are more likely to exhibit cost efficiency. Furthermore, this study shows that bancassurance firms are more cost efficient than other types of insurers in the Irish life insurance industry, which provides new insights into the cost efficiency of bancassurance
| Item Type: | Article |
|---|---|
| Print ISSN: | 1740 8016 |
| Uncontrolled Keywords: | accounting; finance; Life insurance industry; Ireland; cost efficiency; scale economy; bancassurance; |
| University Divisions/Research Centres: | The Business School > School of Accounting, Economics and Statistics |
| Dewey Decimal Subjects: | 600 Technology > 650 Management & public relations > 657 Accounting 300 Social sciences > 360 Social problems & social services > 368 Insurance |
| Library of Congress Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting |
| Item ID: | 2114 |
| Depositing User: | RAE Import |
| Date Deposited: | 26 Feb 2008 12:02 |
| Last Modified: | 05 Apr 2013 13:20 |
| URI: | http://researchrepository.napier.ac.uk/id/eprint/2114 |
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