Pregled bibliografske jedinice broj: 670679
Effects of market share and diversification on non-life insurers’ performance
Effects of market share and diversification on non-life insurers’ performance // International Journal of Humanities and Social Science, 6 (2012), 81-88 (podatak o recenziji nije dostupan, članak, znanstveni)
CROSBI ID: 670679 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Effects of market share and diversification on
non-life insurers’ performance
Autori
Pervan, Maja ; Pavić-Kramarić, Tomislava
Izvornik
International Journal of Humanities and Social Science (2220-8488) 6
(2012);
81-88
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
market share ; diversification ; nonlife Insurance ; performance
Sažetak
The aim of this paper is to investigate the influence of market share and diversification on the nonlife insurers’ performance. The underlying relationships have been investigated in different industries and different disciplines (economics, management...), still, no consistency exists either in the magnitude or statistical significance of the relationship between market share (and diversification as well) on one side and companies’ performance on the other side. Moreover, the direction of the relationship is also somewhat questionable. While some authors find this relationship to be positive, the others reveal its negative association. In order to test the influence of market share and diversification on companies’ performance in Croatian nonlife insurance industry for the period from 1999 to 2009, we designed an empirical model in which we included the following independent variables: firms’ profitability from previous years, market share, diversification and control variables (i.e. ownership, industrial concentration, GDP per capita, inflation). Using the two-step generalized method of moments (GMM) estimator we found evidence of a positive and statistically significant influence of both, market share and diversification, on insurers’ profitability.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Projekti:
MZOS-055-0551147-1105 - Utjecaj pridruživanja RH europskoj uniji na profitabilnost hrvatskih poduzeća (Pavić, Ivan, MZOS ) ( CroRIS)
Ustanove:
Ekonomski fakultet, Split,
Sveučilište u Splitu,
Sveučilište u Splitu Sveučilišni odjel za stručne studije
Citiraj ovu publikaciju:
Uključenost u ostale bibliografske baze podataka::
- Compendex (EI Village)