• Title/Summary/Keyword: Envelopment

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The Determinants of Bank Regulations and Supervision on the Efficiency of Islamic Banks in MENA Regions

  • MOHD NOOR, Nor Halida Haziaton;BAKRI, Mohammed Hariri;WAN YUSOF, Wan Yusrol Rizal;MOHD NOOR, Nor Raihana Asmar;ABDULLAH, Hasni
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.245-254
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    • 2020
  • This study investigates the impact of the country's governance on the revenue efficiency in the banking sectors of 42 Islamic banks in 15 countries offering Islamic banking and financial services. Technical efficiencies of individual Islamic banks were analyzed using the Data Envelopment Analysis method. The Ordinary Least Square estimation method is employed to examine the impact of country supervision and regulation on the technical efficiency of Islamic banks. With robustness check, the study assesses the impact of bank regulations and supervision on the efficiency of Islamic banks operating in different regions. The empirical findings suggest that supervisory power, activity restrictions, and private monitoring positively influence the efficiency of Islamic banks. On the other hand, we observe a negative impact of capital requirement on Middle East and North Africa (MENA) countries. The findings indicate that supervisory power, activity restrictions, and private monitoring positively influence the efficiency of Islamic banks in Asia, but vice versa on capital requirement in MENA countries. This study will contribute to the body of knowledge by assessing the types of reforms in bank regulations and supervision that work best for Islamic banks in order to increase the level of efficiency and the level of regulations and supervision of Islamic banks.

Efficiency Analysis of the Korean Listed Display Companies (국내 상장 디스플레이 기업의 효율성 분석)

  • Seo, Kwang-Kyu
    • Journal of Digital Convergence
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    • v.10 no.9
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    • pp.159-164
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    • 2012
  • Although the display industry plays an important role in the entire Korean economy, few empirical research has analyzed the efficiency of display companies. The purpose of this paper is to measure and analyze efficiency of korean listed display firms using DEA(Data Envelopment Analysis) models. We evaluate the CCR and BCC efficiency in DEA models and the return to scale of the Korean listed display companies. The benchmarking companies and efficiency value for the display companies with inefficiency are also provided to improve their efficiency. We analyzed the 44 listed companies consisted of 7 listed on KOSPI and 37 listed on KOSDAQ at the end of 2010. The analysis results show six companies whose values of CCR are 1, and fourteen firms whose values of BCC efficiency are 1. In additions, the six companies have the scalability efficiency. Eventually the efficiency analysis can provide the valuable information for inefficient companies to find benchmarking companies and to improve their efficiency.

Dynamic Efficiency Analysis of Korean HRD Programs using Data Envelopment Analysis (DEA 방법론 활용을 통한 국가 HRD사업에 대한 동태적 효율성 분석)

  • Lee, Jung-Mann
    • Journal of Digital Convergence
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    • v.10 no.2
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    • pp.63-71
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    • 2012
  • This paper investigates efficiency analysis to IT HRD programs in the dynamic perspective. First, empirical result shows that government fund of IT research center is significantly associated with SCI thesis and the more trial goods and SW development is connected with the more patent and technology transfer. Second, ITRC program has been operated efficiently since 2000. Finally, dynamic efficiency analysis implicates that ITRC program is more efficient than other IT SoC program and foreign student support program. The reason why ITRC program is more efficient is generated not from the effect of imitation by catch-up strategy to developed HRD programs, but new operation system introducing and utilizing HRD performance system.

Analysis of Relative Job Performance Efficiency of Nurses in the Neonatal Intensive Care Unit (신생아집중치료실 간호사의 상대적 간호업무효율성 분석)

  • Kim, Hyoyeong;Lee, Hyejung;Min, Ari
    • Korea Journal of Hospital Management
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    • v.24 no.4
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    • pp.57-69
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    • 2019
  • Purpose: This study aimed to analyze the job performance efficiency of nurses in the Neonatal Intensive Care Unit (NICU) by using the Data Envelopment Analysis (DEA). Additionally, the study aimed to provide a detailed method to improve the currently inefficient way in which nurses perform their jobs by differentiating the reference group of more efficient nurses, and to compare the characteristics of the more efficient group of nurses to those of the less efficient group of nurses. Methodology: This study evaluated the relative job performance efficiency of nurses by applying DEA to 43 nurses in the NICU. The input variables for the efficiency analysis were working career (years), time spent in direct nursing care (hours), overtime (hours), and job-related training (hours); the output variables were the job performance scores of professional practice, research, leadership, and education. Data were analyzed using SPSS IBM 23.0 and Open Source DEA (OSDEA). Findings: The relative job performance efficiency of the 43 nurses was 0.933, and 20 nurses were evaluated as more efficient. In addition, the study confirmed the possibility of improving the overall job performance efficiency by improving leadership, while controlling the current input variables. Lastly, the more efficient nurses had significantly higher job performance scores for research (t=2.028, p=0.049), leadership (t=2.036, p=0.048), and education (t=2995, p=0.005) than those who were less efficient. Practical Implications: It is suggested that job performance be evaluated using DEA to improve the overall job performance efficiency of NICU nurses. The analysis results from DEA for nurses becomes evidence in support of establishing individualized goals for each nurse, thus resulting in a foundation for systematic human resource management of nurses, and ultimately contributing to increase in the job performance efficiency of nurses.

Analysis on Efficiency of Government's R&D investment in Renewable Energy (신재생에너지 분야 정부 R&D 투자 효율성 분석)

  • Baek, Chulwoo
    • Journal of Energy Engineering
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    • v.23 no.3
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    • pp.42-50
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    • 2014
  • Korean government has been investing more than 400 billion KRW in R&D on renewable energy. This paper aims to measure the R&D efficiency of national R&D program in the field of renewable energy, and to identify the sources of inefficiency. 4,213 R&D projects supported by Korean government during 2009-2011 are analyzed by using Data Envelopment Analysis and statistical tests. Results implies as follows. First, hydrogen, bio, fuel cell, photovoltaic have higher R&D efficiency than other renewable energies. Second, universities conducted national R&D program more efficiently than firms did, and small and medium sized enterprises are more efficient than large sized enterprises. Third, R&D inefficiency is mainly caused by the lacks of patent performance rather than excessive R&D investment or academic paper performance.

The Impact of Redundancy and Teamwork on Resilience Engineering Factors by Fuzzy Mathematical Programming and Analysis of Variance in a Large Petrochemical Plant

  • Azadeh, Ali;Salehi, Vahid;Mirzayi, Mahsa
    • Safety and Health at Work
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    • v.7 no.4
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    • pp.307-316
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    • 2016
  • Background: Resilience engineering (RE) is a new paradigm that can control incidents and reduce their consequences. Integrated RE includes four new factors-self-organization, teamwork, redundancy, and fault-tolerance-in addition to conventional RE factors. This study aimed to evaluate the impacts of these four factors on RE and determine the most efficient factor in an uncertain environment. Methods: The required data were collected through a questionnaire in a petrochemical plant in June 2013. The questionnaire was completed by 115 respondents including 37 managers and 78 operators. Fuzzy data envelopment analysis was used in different ${\alpha}$-cuts in order to calculate the impact of each factor. Analysis of variance was employed to compare the efficiency score means of the four abovementioned factors. Results: The results showed that as ${\alpha}$ approached 0 and the system became fuzzier (${\alpha}=0.3$ and ${\alpha}=0.1$), teamwork played a significant role and had the highest impact on the resilient system. In contrast, as ${\alpha}$ approached 1 and the fuzzy system went toward a certain mode (${\alpha}=0.9$ and ${\alpha}=1$), redundancy had a vital role in the selected resilient system. Therefore, redundancy and teamwork were the most efficient factors. Conclusion: The approach developed in this study could be used for identifying the most important factors in such environments. The results of this study may help managers to have better understanding of weak and strong points in such industries.

Evaluation of Operational Efficiency among Long-Term Care Visiting Nursing Centers using Data Envelopment Analysis (자료포락분석을 이용한 노인장기요양 방문간호센터 운영의 효율성 평가)

  • Lim, Ji Young;Kim, Seonhee;Oh, Eunsook;Song, Su Young
    • Journal of Home Health Care Nursing
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    • v.27 no.1
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    • pp.16-28
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    • 2020
  • Purpose: The aim of this study was to evaluate the efficiency of long-term care visiting nursing centers in communities using data envelopment analysis (DEA). Methods: Data were collected using a self-reported questionnaire. The average number of staff per 6 months and total space of center were used as input variables. The average number of clients per 6 months and the average profits per 6 months were used as output variables. EMS Window version 3.1 was used to measure the efficiency scores. Descriptive statistics and tobit regression were applied to analyze the general characteristics of the variables and the factors affecting efficiency scores. Results: The average efficiency of 30 long-term care visiting nursing centers in communities was approximately 66.9% on technical efficiency analysis, and 79.1% on scale efficiency analysis. Eight nursing centers on technical efficiency analysis and 12 centers on scale efficiency analysis had 100.0% efficiency. Conclusion: Our findings reveal that long-term care visiting nursing centers in communities have low operational efficiency. Therefore, it is essential to institute policies and regulations to improve the efficiency of visiting nursing centers and to strengthen the business competencies of center officers.

A Study on the Analysis of the Relative Efficiency of Northeast Asian Country's oil Refinery Facilities (동북아시아 국가의 석유정제설비의 상대적 효율성 분석)

  • Lee, Choong-Bae;Kim, Jeong-Hwan;Kang, Hyo-Won
    • International Commerce and Information Review
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    • v.14 no.3
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    • pp.209-227
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    • 2012
  • Northeast Asia where is an epicenter of the global financial crisis's conquest is traditional imbalanced region of oil production and consumption. In recent years, the region has been suffered by the shortage of oil storage and transportation facilities due to surging oil trading and necessity in strategic reserves. Therefore, since independent petroleum logistics with the storage facilities and oil trading hub is required to form efficient oil market in this region. In this study, we analyzed the efficiency of refinery facilities by country that is of importance in being a logistics hub in Northeast Asia by employing non-static and dynamic efficiency analysis, which are a part of DEA(Data Envelopment Analysis) and then policy implications have been drawn. The result illustrates Korea's is the highest country in terms of efficiency of oil refining facilities in Northeast Asia. It implies that Korea has strong position to be the oil hub in Northeast Asia.

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Association between Efficiency and Quality of Health Care in South Korea Long-term Care Hospitals: Using the Data Envelopment Analysis and Matrix Analysis (요양병원의 효율성과 의료서비스 질의 관련성: 자료포락분석과 매트릭스 분석)

  • Sohn, Minsung;Choi, Mankyu
    • Journal of Korean Academy of Nursing
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    • v.44 no.4
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    • pp.418-427
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    • 2014
  • Purpose: Objectives of this study were to investigate the association between efficiency and quality of health care in Long-term Care Hospitals (LTCH) and determine related factors that would enable achievement of both high efficiency and high quality at the same time. Methods: Major data sources were the "2012 Korean Assessment of Propriety by Long-term Care Hospitals" obtained from the Health Insurance Review & Assessment Service. Cost variables were supplemented by a National Tax Service accounting document. First, data envelopment analysis was performed by generating efficiency scores for each LTCH. Second, matrix analysis was conducted to ascertain association between efficiency and quality. Lastly, kruskal-wallis and mann-whitney tests were conducted to identify related factors. Results: First, efficiency and quality of care are not in a relationship of trade-offs; thus, LTCH can be confident that high efficiency-high quality can be achieved. Second, LTCH with a large number of beds, longer tenure of medical personnel, and adequate levels of investment were more likely to have improved quality as well as efficiency. Conclusion: It is essential to enforce legal standards appropriate to the facilities, reduce turnover of nursing staff, and invest properly in human resources. These consequences will help LTCH to maintain the balance of high efficiency-high quality in the long-run.

An Analysis of Technical Efficiency in the Korean RCC/RSC (RCC/RSC별 운영 효율성 분석)

  • Keum Jong-Soo;Jang Woon- Jae
    • Journal of Navigation and Port Research
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    • v.29 no.3 s.99
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    • pp.215-220
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    • 2005
  • This paper aim, to measure and evaluates the technical efficiency, pure technical efficiency and scale efficiency with two inputs and four outputs with the use of DEA(Data Envelopment Analysis) in Korean RCC(Rescue Co-ordination Center)/RSC(Rescue Sub-Center). Several conclusion emerge. first the average efficiency of overall technical efficiency measure about $91.03{\%}$ and pure technical efficiency $96.80{\%}$ is much large then scale efficiency $93.83{\%}$. It means that inefficiency has much more to do whit the inefficient utilization of resources rather then the scale of production. second, DRS(decreasing return to scale)is Tongyeong and IRS(increasing return to scale) is Incheon, Taean, Gunsan, Yeosu, Ulsan, Donghae in RCC/RSC finally, inefficiency RCC/RSC have to benchmarking with reference sets.