Nalazite se na CroRIS probnoj okolini. Ovdje evidentirani podaci neće biti pohranjeni u Informacijskom sustavu znanosti RH. Ako je ovo greška, CroRIS produkcijskoj okolini moguće je pristupi putem poveznice www.croris.hr
izvor podataka: crosbi

Factors That Influence Firm Performance : A Dynamic Panel Data Analysis for Croatian Insurance Industry (CROSBI ID 200660)

Prilog u časopisu | izvorni znanstveni rad

Pervan, Maja ; Pavić-Kramarić, Tomislava Factors That Influence Firm Performance : A Dynamic Panel Data Analysis for Croatian Insurance Industry // The business review, Cambridge, 19 (2012), 2; 195-202

Podaci o odgovornosti

Pervan, Maja ; Pavić-Kramarić, Tomislava

engleski

Factors That Influence Firm Performance : A Dynamic Panel Data Analysis for Croatian Insurance Industry

Although banks profitability has received broad attention and has been extensively studied, there has not been a great deal of analysis in the academic literature on the influence of insurers’ characteristics, market and macro conditions on insurers’ financial success. Therefore, the main objective of this paper was to ascertain whether and which factors in particular are associated with life and composite insurers’ profitability. In order to achieve this objective we used dynamic panel data model and applied GMM estimator proposed by Arellano and Bond. The analysis was conducted for the 1999-2010 period and the results revealed that past performance has significant positive influence on current profitability. Additionally, all analyzed variables (i.e. market share, claims ratio, firm growth, concentration ratio, market growth and inflation) statistically significantly influence insurers’ performance. The exception was variable firm’s age that didn’t prove to be an important explanatory factor.

insurance industry ; dynamic panel data analysis

nije evidentirano

nije evidentirano

nije evidentirano

nije evidentirano

nije evidentirano

nije evidentirano

Podaci o izdanju

19 (2)

2012.

195-202

objavljeno

1553-5827

Povezanost rada

Ekonomija

Poveznice