2011•Unpublished venueRequires access

Studying the Structure of Ownership and Efficiency of Insurance Companies in Iran

Hanifehzadeh Latif

Open publisher page 2 citations

Abstract

The purpose of this study is determining the suitable structure of ownership to increase the efficiency of insurance companies. Privatization and attaining to free economics is one ways of increasing efficiency.knowing about relationship between companies' ownership structure and their efficiencies is among the ways through which one can be assured of success of private companies. By having knowledge of relationship between companies' ownership structure and their efficiencies it is possible to take steps towards increasing the companies' efficiencies. Increasing the efficiency of insurance companies cause economic growth and development and stability of financial and monetary markets and economic savings. Statistical universe of the present research is active companies at insurance market during the years 2008-2010. for testing the hypotheses of research with applying the information of financial statements companies during 2008-2010 tow method has been used:1 - data envelopment analysis and 2 - financial ratios.Findings from the present research show that compared to governmental and other companies private companies with legal block structures enjoy high efficiencies ,and that the best structure for donating governmental companies to private sector and investments is private insurance companies with legal block structure.

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What this paper is about

The purpose of this study is determining the suitable structure of ownership to increase the efficiency of insurance companies. Privatization and attaining to free economics is one ways of increasing efficiency.knowing about relationship between companies' ownership structure and their efficiencies is among the ways through which one can be assured of success of private companies. By having knowledge of relationship between companies' ownership structure and their efficiencies it is possible to take steps towards increasing the companies' efficiencies. Increasing the efficiency of insurance companies cause economic growth and development and stability of financial and monetary markets and economic savings. Statistical universe of the present research is active companies at insurance market during the years 2008-2010. for testing the hypotheses of research with applying the information of financial statements companies during 2008-2010 tow method has been used:1 - data envelopment analysis and 2 - financial ratios.Findings from the present research show that compared to governmental and other companies private companies with legal block structures enjoy high efficiencies ,and that the best structure for donating governmental companies to private sector and investments is private insurance companies with legal block structure.

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Available abstract

The purpose of this study is determining the suitable structure of ownership to increase the efficiency of insurance companies. Privatization and attaining to free economics is one ways of increasing efficiency.knowing about relationship between companies' ownership structure and their efficiencies is among the ways through which one can be assured of success of private companies. By having knowledge of relationship between companies' ownership structure and their efficiencies it is possible to take steps towards increasing the companies' efficiencies. Increasing the efficiency of insurance companies cause economic growth and development and stability of financial and monetary markets and economic savings. Statistical universe of the present research is active companies at insurance market during the years 2008-2010. for testing the hypotheses of research with applying the information of financial statements companies during 2008-2010 tow method has been used:1 - data envelopment analysis and 2 - financial ratios.Findings from the present research show that compared to governmental and other companies private companies with legal block structures enjoy high efficiencies ,and that the best structure for donating governmental companies to private sector and investments is private insurance companies with legal block structure.

Key concepts: Business, Data envelopment analysis, Finance, Financial structure, Private sector, Accounting, Economics, Economic growth

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