메뉴 건너뛰기




Volumn 42, Issue 1, 2014, Pages 65-74

Intellectual capital and performance in the Chinese life insurance industry

Author keywords

Chinese life insurance; Dynamic slack based measure (DSBM) model; Intellectual capital; Truncated regression

Indexed keywords

COMPETITION; DATA ENVELOPMENT ANALYSIS; EFFICIENCY; INSURANCE; KNOWLEDGE MANAGEMENT;

EID: 84876705397     PISSN: 03050483     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.omega.2013.03.002     Document Type: Article
Times cited : (131)

References (74)
  • 1
    • 85167846451 scopus 로고    scopus 로고
    • CapitalVue. China insurance industry posts higher premium income
    • challenges ahead
    • CapitalVue. China insurance industry posts higher premium income, challenges ahead; 2012.
    • (2012)
  • 2
    • 85167851122 scopus 로고    scopus 로고
    • Life Insurance Industry Profile: China. Datamonitor Plc
    • Life Insurance Industry Profile: China. Datamonitor Plc; 2011.
    • (2011)
  • 3
    • 0034196231 scopus 로고    scopus 로고
    • The location of foreign insurance companies in China
    • Wu X., Strange R. The location of foreign insurance companies in China. International Business Review 2000, 9:383-398.
    • (2000) International Business Review , vol.9 , pp. 383-398
    • Wu, X.1    Strange, R.2
  • 4
    • 73149093609 scopus 로고    scopus 로고
    • Life-insurance efficiency in China: a comparison of foreign and domestic firms
    • Chen B., Powers M.R., Qiu J. Life-insurance efficiency in China: a comparison of foreign and domestic firms. China & World Economy 2009, 17:43-63.
    • (2009) China & World Economy , vol.17 , pp. 43-63
    • Chen, B.1    Powers, M.R.2    Qiu, J.3
  • 5
    • 33846129075 scopus 로고    scopus 로고
    • On technical efficiency of China's insurance industry after WTO accession
    • Yao S., Han Z., Feng G. On technical efficiency of China's insurance industry after WTO accession. China Economic Review 2007, 18:66-86.
    • (2007) China Economic Review , vol.18 , pp. 66-86
    • Yao, S.1    Han, Z.2    Feng, G.3
  • 6
    • 77951831968 scopus 로고    scopus 로고
    • Frontier efficiency methodologies to measure performance in the insurance industry: overview, systematization, and recent developments
    • Eling M., Luhnen M. Frontier efficiency methodologies to measure performance in the insurance industry: overview, systematization, and recent developments. Geneva Papers on Risk & Insurance-Issues & Practice 2010, 35:217-265.
    • (2010) Geneva Papers on Risk & Insurance-Issues & Practice , vol.35 , pp. 217-265
    • Eling, M.1    Luhnen, M.2
  • 8
    • 84866034477 scopus 로고    scopus 로고
    • Data envelopment analysis 1978-2010: a citation-based literature survey
    • Liu J.S., Lu L.Y.Y., Lu W.-M., Lin B.J.Y. Data envelopment analysis 1978-2010: a citation-based literature survey. Omega 2013, 41:3-15.
    • (2013) Omega , vol.41 , pp. 3-15
    • Liu, J.S.1    Lu, L.Y.Y.2    Lu, W.-M.3    Lin, B.J.Y.4
  • 9
    • 0030216722 scopus 로고    scopus 로고
    • The application of data envelopment analysis in conjunction with financial ratios for bank performance evaluation
    • Yeh Q.J. The application of data envelopment analysis in conjunction with financial ratios for bank performance evaluation. The Journal of the Operational Research Society 1996, 47:980-988.
    • (1996) The Journal of the Operational Research Society , vol.47 , pp. 980-988
    • Yeh, Q.J.1
  • 11
    • 79551549302 scopus 로고    scopus 로고
    • The performance of microinsurance programs: a data envelopment analysis
    • Biener C., Eling M. The performance of microinsurance programs: a data envelopment analysis. Journal of Risk and Insurance 2011, 78:83-115.
    • (2011) Journal of Risk and Insurance , vol.78 , pp. 83-115
    • Biener, C.1    Eling, M.2
  • 12
    • 79959981152 scopus 로고    scopus 로고
    • Exploring the operating efficiency of Technology Development Programs by an intellectual capital perspective-a case study of Taiwan
    • Lu W.-M., Hung S.-W. Exploring the operating efficiency of Technology Development Programs by an intellectual capital perspective-a case study of Taiwan. Technovation 2011, 31:374-383.
    • (2011) Technovation , vol.31 , pp. 374-383
    • Lu, W.-M.1    Hung, S.-W.2
  • 13
    • 79953161433 scopus 로고    scopus 로고
    • DEA as a tool for predicting corporate failure and success: a case of bankruptcy assessment
    • Premachandra I.M., Chen Y., Watson J. DEA as a tool for predicting corporate failure and success: a case of bankruptcy assessment. Omega 2011, 39:620-626.
    • (2011) Omega , vol.39 , pp. 620-626
    • Premachandra, I.M.1    Chen, Y.2    Watson, J.3
  • 14
    • 84868613762 scopus 로고    scopus 로고
    • A slacks-based measure of super-efficiency in data envelopment analysis: an alternative approach
    • Fang H.-H., Lee H.-S., Hwang S.-N., Chung C.-C. A slacks-based measure of super-efficiency in data envelopment analysis: an alternative approach. Omega 2013, 41:731-734.
    • (2013) Omega , vol.41 , pp. 731-734
    • Fang, H.-H.1    Lee, H.-S.2    Hwang, S.-N.3    Chung, C.-C.4
  • 15
    • 84866981903 scopus 로고    scopus 로고
    • Risk management and managerial efficiency in Chinese banks: a network DEA framework
    • Matthews K. Risk management and managerial efficiency in Chinese banks: a network DEA framework. Omega 2013, 41:207-215.
    • (2013) Omega , vol.41 , pp. 207-215
    • Matthews, K.1
  • 16
    • 84866654455 scopus 로고    scopus 로고
    • Efficiency improvement from multiple perspectives: an application to Japanese banking industry
    • Yang X., Morita H. Efficiency improvement from multiple perspectives: an application to Japanese banking industry. Omega 2013, 41:501-509.
    • (2013) Omega , vol.41 , pp. 501-509
    • Yang, X.1    Morita, H.2
  • 17
    • 84876711834 scopus 로고    scopus 로고
    • Life insurance risk management essentials
    • Berlin Heidelberg: Springerlink, [chapter 5]
    • Koller M. Life insurance risk management essentials. Key insurance processes and their risks 2011, Berlin Heidelberg: Springerlink, [chapter 5].
    • (2011) Key insurance processes and their risks
    • Koller, M.1
  • 19
    • 0028578878 scopus 로고
    • Productivity growth, technical progress, and efficiency change in industrialized countries
    • Färe R., Grosskopf S., Norris M., Zhang Z. Productivity growth, technical progress, and efficiency change in industrialized countries. American Economic Review 1994, 84:66-83.
    • (1994) American Economic Review , vol.84 , pp. 66-83
    • Färe, R.1    Grosskopf, S.2    Norris, M.3    Zhang, Z.4
  • 20
    • 70649088867 scopus 로고    scopus 로고
    • Dynamic DEA: a slacks-based measure approach
    • Tone K., Tsutsui M. Dynamic DEA: a slacks-based measure approach. Omega 2010, 38:145-156.
    • (2010) Omega , vol.38 , pp. 145-156
    • Tone, K.1    Tsutsui, M.2
  • 21
    • 0037245238 scopus 로고    scopus 로고
    • Measurement of dynamic efficiency in production: an application of data envelopment analysis to Japanese electric utilities
    • Nemoto J., Goto M. Measurement of dynamic efficiency in production: an application of data envelopment analysis to Japanese electric utilities. Journal of Productivity Analysis 2003, 19:191-210.
    • (2003) Journal of Productivity Analysis , vol.19 , pp. 191-210
    • Nemoto, J.1    Goto, M.2
  • 22
    • 0346962802 scopus 로고    scopus 로고
    • Technological change and efficiency in the presence of quasi-fixed inputs: a DEA application to the hospital sector
    • Ouellette P., Vierstraete V. Technological change and efficiency in the presence of quasi-fixed inputs: a DEA application to the hospital sector. European Journal of Operational Research 2004, 154:755-763.
    • (2004) European Journal of Operational Research , vol.154 , pp. 755-763
    • Ouellette, P.1    Vierstraete, V.2
  • 24
    • 84876708209 scopus 로고    scopus 로고
    • China's Insurance Market: lessons from Taiwan
    • Radwan S. China's Insurance Market: lessons from Taiwan. Bloomberg Businessweek; 2010.
    • (2010) Bloomberg Businessweek
    • Radwan, S.1
  • 25
    • 0032388753 scopus 로고    scopus 로고
    • Capturing value from knowledge assets: the new economy, markets for know-how, and intangible assets
    • Teece D.J. Capturing value from knowledge assets: the new economy, markets for know-how, and intangible assets. California Management Review 1998, 40:55-79.
    • (1998) California Management Review , vol.40 , pp. 55-79
    • Teece, D.J.1
  • 26
    • 84857780647 scopus 로고    scopus 로고
    • Explanation of knowledge management enabler as a latent variable: a case study of SMEs in Iran
    • Gholipour R., Jandaghi G., Hosseinzadeh S.A.A. Explanation of knowledge management enabler as a latent variable: a case study of SMEs in Iran. African Journal of Business Management 2010, 4:1863-1872.
    • (2010) African Journal of Business Management , vol.4 , pp. 1863-1872
    • Gholipour, R.1    Jandaghi, G.2    Hosseinzadeh, S.A.A.3
  • 27
    • 84857780777 scopus 로고    scopus 로고
    • The relationship between intellectual capital and financial performance: an empirical investigation in an Iranian company
    • Ahangar R.G. The relationship between intellectual capital and financial performance: an empirical investigation in an Iranian company. African Journal of Business Management 2011, 5:88-95.
    • (2011) African Journal of Business Management , vol.5 , pp. 88-95
    • Ahangar, R.G.1
  • 28
    • 0030424744 scopus 로고    scopus 로고
    • The sources and consequences of embeddedness for the economic performance of organizations: the network effect
    • Uzzi B. The sources and consequences of embeddedness for the economic performance of organizations: the network effect. American Sociological Review 1996, 61:674-698.
    • (1996) American Sociological Review , vol.61 , pp. 674-698
    • Uzzi, B.1
  • 30
    • 0012698737 scopus 로고    scopus 로고
    • Intellectual capital: key to value-added success in the next millennium
    • Lynn B. Intellectual capital: key to value-added success in the next millennium. CMA Magazine 1998, 72:10-15.
    • (1998) CMA Magazine , vol.72 , pp. 10-15
    • Lynn, B.1
  • 31
    • 33748595267 scopus 로고    scopus 로고
    • Estimation and inference in two-stage, semi-parametric models of production processes
    • Simar L., Wilson P.W. Estimation and inference in two-stage, semi-parametric models of production processes. Journal of Econometrics 2007, 136:31-64.
    • (2007) Journal of Econometrics , vol.136 , pp. 31-64
    • Simar, L.1    Wilson, P.W.2
  • 33
    • 0032327554 scopus 로고    scopus 로고
    • Comparison of frontier efficiency methods: an application to the U.S. life insurance industry
    • Cummins J.D., Zi H. Comparison of frontier efficiency methods: an application to the U.S. life insurance industry. Journal of Productivity Analysis 1998, 10:131-152.
    • (1998) Journal of Productivity Analysis , vol.10 , pp. 131-152
    • Cummins, J.D.1    Zi, H.2
  • 34
    • 77952669884 scopus 로고    scopus 로고
    • Efficiency in the international insurance industry: a cross-country comparison
    • Eling M., Luhnen M. Efficiency in the international insurance industry: a cross-country comparison. Journal of Banking and Finance 2010, 34:1497-1509.
    • (2010) Journal of Banking and Finance , vol.34 , pp. 1497-1509
    • Eling, M.1    Luhnen, M.2
  • 36
    • 37549047936 scopus 로고    scopus 로고
    • Market structure and the efficiency of European insurance companies: a stochastic frontier analysis
    • Fenn P., Vencappa D., Diacon S., Klumpes P., O'Brien C. Market structure and the efficiency of European insurance companies: a stochastic frontier analysis. Journal of Banking and Finance 2008, 32:86-100.
    • (2008) Journal of Banking and Finance , vol.32 , pp. 86-100
    • Fenn, P.1    Vencappa, D.2    Diacon, S.3    Klumpes, P.4    O'Brien, C.5
  • 38
    • 0001414219 scopus 로고
    • The measurement of efficiency in life insurance: estimates of a mixed normal-gamma error model
    • Yuengert A.M. The measurement of efficiency in life insurance: estimates of a mixed normal-gamma error model. Journal of Banking and Finance 1993, 17:483-496.
    • (1993) Journal of Banking and Finance , vol.17 , pp. 483-496
    • Yuengert, A.M.1
  • 39
    • 0036289841 scopus 로고    scopus 로고
    • Optimal capital utilization by financial firms: evidence from the property-liability insurance industry
    • Cummins J.D., Nini G.P. Optimal capital utilization by financial firms: evidence from the property-liability insurance industry. Journal of Financial Services Research 2002, 21:15.
    • (2002) Journal of Financial Services Research , vol.21 , pp. 15
    • Cummins, J.D.1    Nini, G.P.2
  • 40
    • 6444237977 scopus 로고    scopus 로고
    • The effect of organizational structure on efficiency: evidence from the Spanish insurance industry
    • Cummins J.D., Rubio-Misas M., Zi H. The effect of organizational structure on efficiency: evidence from the Spanish insurance industry. Journal of Banking and Finance 2004, 28:3113-3150.
    • (2004) Journal of Banking and Finance , vol.28 , pp. 3113-3150
    • Cummins, J.D.1    Rubio-Misas, M.2    Zi, H.3
  • 41
    • 33746326772 scopus 로고    scopus 로고
    • Simultaneous analysis of production and investment performance of Canadian life and health insurance companies using data envelopment analysis
    • Wu D., Yang Z., Vela S., Liang L. Simultaneous analysis of production and investment performance of Canadian life and health insurance companies using data envelopment analysis. Computers and Operations Research 2007, 34:180-198.
    • (2007) Computers and Operations Research , vol.34 , pp. 180-198
    • Wu, D.1    Yang, Z.2    Vela, S.3    Liang, L.4
  • 42
    • 37649024988 scopus 로고    scopus 로고
    • Mergers and acquisitions in the US property-liability insurance industry: Productivity and efficiency effects
    • Cummins J.D., Xie X. Mergers and acquisitions in the US property-liability insurance industry: Productivity and efficiency effects. Journal of Banking and Finance 2008, 32:30-55.
    • (2008) Journal of Banking and Finance , vol.32 , pp. 30-55
    • Cummins, J.D.1    Xie, X.2
  • 43
    • 34548702436 scopus 로고    scopus 로고
    • Efficiency decomposition in two-stage data envelopment analysis: An application to non-life insurance companies in Taiwan
    • Kao C., Hwang S.N. Efficiency decomposition in two-stage data envelopment analysis: An application to non-life insurance companies in Taiwan. European Journal of Operational Research 2008, 185:418-429.
    • (2008) European Journal of Operational Research , vol.185 , pp. 418-429
    • Kao, C.1    Hwang, S.N.2
  • 44
    • 77952672316 scopus 로고    scopus 로고
    • Economies of scope in financial services: a DEA efficiency analysis of the US insurance industry
    • Cummins J.D., Weiss M.A., Xie X., Zi H. Economies of scope in financial services: a DEA efficiency analysis of the US insurance industry. Journal of Banking and Finance 2010, 34:1525-1539.
    • (2010) Journal of Banking and Finance , vol.34 , pp. 1525-1539
    • Cummins, J.D.1    Weiss, M.A.2    Xie, X.3    Zi, H.4
  • 45
    • 0031232329 scopus 로고    scopus 로고
    • Investigating productive efficiency and productivity changes of Japanese life insurance companies
    • Fukuyama H. Investigating productive efficiency and productivity changes of Japanese life insurance companies. Pacific-Basin Finance Journal 1997, 5:481-509.
    • (1997) Pacific-Basin Finance Journal , vol.5 , pp. 481-509
    • Fukuyama, H.1
  • 48
    • 0345550433 scopus 로고    scopus 로고
    • An alternative DEA measure: a case of OECD countries
    • Emrouznejad A. An alternative DEA measure: a case of OECD countries. Applied Economics Letters 2003, 10:779-782.
    • (2003) Applied Economics Letters , vol.10 , pp. 779-782
    • Emrouznejad, A.1
  • 52
    • 3843145145 scopus 로고    scopus 로고
    • Profitability and efficiency in the U.S. Life Insurance Industry
    • Greene W.H., Segal D. Profitability and efficiency in the U.S. Life Insurance Industry. Journal of Productivity Analysis 2004, 21:229-247.
    • (2004) Journal of Productivity Analysis , vol.21 , pp. 229-247
    • Greene, W.H.1    Segal, D.2
  • 53
    • 20344382250 scopus 로고    scopus 로고
    • Evaluating cost efficiency and returns to scale in the Life Insurance Corporation of India using data envelopment analysis
    • Tone K., Sahoo B.K. Evaluating cost efficiency and returns to scale in the Life Insurance Corporation of India using data envelopment analysis. Socio-Economic Planning Sciences 2005, 39:261-285.
    • (2005) Socio-Economic Planning Sciences , vol.39 , pp. 261-285
    • Tone, K.1    Sahoo, B.K.2
  • 54
    • 0001917692 scopus 로고
    • An examination of cost economies in the United States Life Insurance Industry
    • Grace M.F., Timme S.G. An examination of cost economies in the United States Life Insurance Industry. Journal of Risk and Insurance 1992, 59:72-103.
    • (1992) Journal of Risk and Insurance , vol.59 , pp. 72-103
    • Grace, M.F.1    Timme, S.G.2
  • 56
    • 85167851655 scopus 로고    scopus 로고
    • Editorial Department of China's Insurance Yearbook
    • Yearbook of China's Insurance
    • Editorial Department of China's Insurance Yearbook. Yearbook of China's Insurance; 2004-2009.
    • (2004)
  • 57
    • 45249126152 scopus 로고
    • An application procedure for DEA
    • Golany B., Roll Y. An application procedure for DEA. Omega 1989, 17:237-250.
    • (1989) Omega , vol.17 , pp. 237-250
    • Golany, B.1    Roll, Y.2
  • 58
    • 0034825705 scopus 로고    scopus 로고
    • A slacks-based measure of efficiency in data envelopment analysis
    • Tone K. A slacks-based measure of efficiency in data envelopment analysis. European Journal of Operational Research 2001, 130:498-509.
    • (2001) European Journal of Operational Research , vol.130 , pp. 498-509
    • Tone, K.1
  • 59
    • 70449134273 scopus 로고    scopus 로고
    • Cross-country comparison of intellectual capital performance of commercial banks in Asian economies
    • Young C.S., Su H.Y., Fang S.C., Fang S.R. Cross-country comparison of intellectual capital performance of commercial banks in Asian economies. Service Industries Journal 2009, 29:1565-1579.
    • (2009) Service Industries Journal , vol.29 , pp. 1565-1579
    • Young, C.S.1    Su, H.Y.2    Fang, S.C.3    Fang, S.R.4
  • 60
    • 74349119626 scopus 로고    scopus 로고
    • Analysing value added as an indicator of intellectual capital and its consequences on company performance
    • Zéghal D., Maaloul A. Analysing value added as an indicator of intellectual capital and its consequences on company performance. Journal of Intellectual Capital 2010, 11:39-60.
    • (2010) Journal of Intellectual Capital , vol.11 , pp. 39-60
    • Zéghal, D.1    Maaloul, A.2
  • 61
    • 84876736826 scopus 로고    scopus 로고
    • A study of the intellectual capital's impact on listed banks' performance in China
    • Zou X., Huan T.-C. A study of the intellectual capital's impact on listed banks' performance in China. African Journal of Business Management 2011, 5:5001-5009.
    • (2011) African Journal of Business Management , vol.5 , pp. 5001-5009
    • Zou, X.1    Huan, T.-C.2
  • 62
    • 84876734724 scopus 로고    scopus 로고
    • Value relevance on intellectual capital valuation methods: the role of corporate governance
    • Wang M.-C. Value relevance on intellectual capital valuation methods: the role of corporate governance. Quality and Quantity 2012, 1-11.
    • (2012) Quality and Quantity , pp. 1-11
    • Wang, M.-C.1
  • 65
    • 84896930624 scopus 로고
    • Firm resources and sustained competitive advantage
    • Barney J. Firm resources and sustained competitive advantage. Journal of Management 1991, 17:99-120.
    • (1991) Journal of Management , vol.17 , pp. 99-120
    • Barney, J.1
  • 66
    • 13444306532 scopus 로고    scopus 로고
    • Which resources matter the most to firm success? An exploratory study of resource-based theory
    • Galbreath J. Which resources matter the most to firm success? An exploratory study of resource-based theory. Technovation 2005, 25:979-987.
    • (2005) Technovation , vol.25 , pp. 979-987
    • Galbreath, J.1
  • 67
    • 84876721387 scopus 로고    scopus 로고
    • Evaluating the efficiency of intellectual capital management for Taiwan IC design industry
    • Yang C., Chen T.Y. Evaluating the efficiency of intellectual capital management for Taiwan IC design industry. African Journal of Business Management 2010, 4:3366-3373.
    • (2010) African Journal of Business Management , vol.4 , pp. 3366-3373
    • Yang, C.1    Chen, T.Y.2
  • 69
    • 84956935421 scopus 로고    scopus 로고
    • Intellectual capital-an exploratory study that develops measures and models
    • Bontis N. Intellectual capital-an exploratory study that develops measures and models. Management Decision 1998, 36:63.
    • (1998) Management Decision , vol.36 , pp. 63
    • Bontis, N.1
  • 70
    • 33845614007 scopus 로고    scopus 로고
    • The influence of intellectual capital on new product development performance-the manufacturing companies of Taiwan as an example
    • Chen Y.S., Lin J.M.J., Chang C.H. The influence of intellectual capital on new product development performance-the manufacturing companies of Taiwan as an example. Total Quality Management & Business Excellence 2006, 17:1323-1339.
    • (2006) Total Quality Management & Business Excellence , vol.17 , pp. 1323-1339
    • Chen, Y.S.1    Lin, J.M.J.2    Chang, C.H.3
  • 71
    • 67349139924 scopus 로고    scopus 로고
    • Intellectual capital and new product development performance: the mediating role of organizational learning capability
    • Hsu Y.H., Fang W. Intellectual capital and new product development performance: the mediating role of organizational learning capability. Technological Forecasting and Social Change 2009, 76:664-677.
    • (2009) Technological Forecasting and Social Change , vol.76 , pp. 664-677
    • Hsu, Y.H.1    Fang, W.2
  • 72
    • 0021497874 scopus 로고
    • Some models for the estimation of technical and scale inefficiencies in data envelopment analysis
    • Banker R.D., Charnes A., Cooper W.W. Some models for the estimation of technical and scale inefficiencies in data envelopment analysis. Management Science 1984, 30:1078-1092.
    • (1984) Management Science , vol.30 , pp. 1078-1092
    • Banker, R.D.1    Charnes, A.2    Cooper, W.W.3
  • 73
    • 27844529557 scopus 로고    scopus 로고
    • Linking intellectual capital and intellectual property to company performance
    • Bollen L., Vergauwen P., Schnieders S. Linking intellectual capital and intellectual property to company performance. Management Decision 2005, 43:1161-1185.
    • (2005) Management Decision , vol.43 , pp. 1161-1185
    • Bollen, L.1    Vergauwen, P.2    Schnieders, S.3
  • 74
    • 76449092224 scopus 로고    scopus 로고
    • Intellectual capital and business performance in the pharmaceutical sector of Jordan
    • Sharabati A.A.A., Jawad S.N., Bontis N. Intellectual capital and business performance in the pharmaceutical sector of Jordan. Management Decision 2010, 48:105-131.
    • (2010) Management Decision , vol.48 , pp. 105-131
    • Sharabati, A.A.A.1    Jawad, S.N.2    Bontis, N.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.