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Intellectual capital and productivity of Malaysian general insurers

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dc.citedby63
dc.contributor.authorChen F.-C.en_US
dc.contributor.authorLiu Z.-J.en_US
dc.contributor.authorKweh Q.L.en_US
dc.contributor.authorid55904104200en_US
dc.contributor.authorid55904055500en_US
dc.contributor.authorid55661469500en_US
dc.date.accessioned2023-05-16T02:48:18Z
dc.date.available2023-05-16T02:48:18Z
dc.date.issued2014
dc.description.abstractThis study investigates changes in productivity of general insurance firms in Malaysia for the period from 2008 to 2011. Moreover, this study examines the impact of intellectual capital on changes in productivity. In the first stage, this study applies the Malmquist productivity index (MPI) of data envelopment analysis (DEA) and the MPI with bootstrapping approach to evaluate changes in productivity. In the second stage, this study examines the impact of intellectual capital on changes in productivity through OLS and Tobit regressions. Our MPI findings indicate that all but one sample firms experienced growth in productivity over the sample period. Moreover, the use of the MPI with bootstrapping approach provides an effective analysis of MPI estimates. Our regression analysis reveals that VAIC™ and its individual components have significantly positive impacts on changes in productivity. We suggest that general insurers in Malaysia should invest in intellectual capital, including to improve their managerial skills, to gain sustainable growth in productivity. Our findings corroborate the initiative carried out by the Malaysian government, which continuously emphasize the importance of IC. The findings of this study may lead to a better understanding of the relative changes in total productivity of general insurance firms. By identifying changes in efficiency and changes in technology, better management decisions can be made to achieve greater productivity. Moreover, through the bootstrap estimation, we are able to determine whether estimated increases or decreases are statistically significant. © 2013 .en_US
dc.description.natureFinalen_US
dc.identifier.doi10.1016/j.econmod.2013.10.008
dc.identifier.epage420
dc.identifier.scopus2-s2.0-84886535199
dc.identifier.spage413
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-84886535199&doi=10.1016%2fj.econmod.2013.10.008&partnerID=40&md5=eae60928f53b3a6046ac5ebd19fb1118
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/22194
dc.identifier.volume36
dc.sourceScopus
dc.sourcetitleEconomic Modelling
dc.titleIntellectual capital and productivity of Malaysian general insurersen_US
dc.typeArticleen_US
dspace.entity.typePublication
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