Pregled bibliografske jedinice broj: 670696
Factors That Influence Firm Performance : A Dynamic Panel Data Analysis for Croatian Insurance Industry
Factors That Influence Firm Performance : A Dynamic Panel Data Analysis for Croatian Insurance Industry // The business review, Cambridge, 19 (2012), 2; 195-202 (podatak o recenziji nije dostupan, članak, znanstveni)
CROSBI ID: 670696 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Factors That Influence Firm Performance : A Dynamic Panel Data Analysis for Croatian Insurance Industry
Autori
Pervan, Maja ; Pavić-Kramarić, Tomislava
Izvornik
The business review, Cambridge (1553-5827) 19
(2012), 2;
195-202
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni
Ključne riječi
insurance industry ; dynamic panel data analysis
Sažetak
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.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Projekti:
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::
- ABI/INFORM
- Cabell's
- Ulrich's
- Proquest (ABI) direstories