Journal of the Operational Research Society

, Volume 67, Issue 6, pp 813–829

The impacts of risk-management committee characteristics and prestige on efficiency

  • Yueh-Cheng Wu
  • Qian Long Kweh
  • Wen-Min Lu
  • Noor Azlinna Azizan
General Paper

DOI: 10.1057/jors.2015.101

Cite this article as:
Wu, YC., Kweh, Q., Lu, WM. et al. J Oper Res Soc (2016) 67: 813. doi:10.1057/jors.2015.101
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Abstract

We examine the effects of risk-management committee characteristics and prestige on efficiency, as well as the moderating effect of risk-management committee prestige on the association between risk-management committee characteristics and the efficiency of Malaysian insurance companies between 2008 and 2013. We apply the dynamic network slacks-based measure model to estimate efficiency, and truncated regression with a bootstrapping procedure to examine the impacts of risk-management committee characteristics and prestige on efficiency. We find significantly positive relationships among the variables, with the exception of the number of risk-management committee meetings. Furthermore, risk-management committee prestige could minimize the positive effect of risk-management committee characteristics on efficiency.

Keywords

risk management committeedirector prestigeefficiencydynamic network data envelopment analysistruncated regression

Copyright information

© Operational Research Society Ltd. 2016

Authors and Affiliations

  • Yueh-Cheng Wu
    • 1
  • Qian Long Kweh
    • 2
  • Wen-Min Lu
    • 3
  • Noor Azlinna Azizan
    • 4
  1. 1.National Taipei University of TechnologyTaipeiTaiwan
  2. 2.Universiti Tenaga NasionalMalaysia
  3. 3.National Defense UniversityTaipeiTaiwan
  4. 4.Universiti Malaysia PahangMalaysia