Managerial ability plays a vital role in the performance of business enterprises; however, such efforts are not directly observable. This study estimates managerial ability within the insurance sector of the economy based on two data sets from two different Asian countries. We estimate...

Aim: The objective of the paper is to construct an index of fiscal performance of Indian states using four non-parametric approaches ( Data Envelopment Analysis(DEA), Free Disposal Hull(FDH), Order-m and Order-alpha).The reason behind using non-parametric methods for the purpose of construction...

Performance analysis of mutual funds operating in the Indian markets are mostly dependent on ratio aproach involving methodologies suggested by Sharpe and Treynor. The present paper makes use of non-parametric endogenous benchmarking to evaluate the performance of 16 top performing sectoral...

The present paper estimated cost efficiency of the Life insurance companies operating in India for the period 2002-03 to 2006-07 using the new cost efficiency approach suggested by Tone (2002). The results suggest an upward trend in cost efficiency of the observed life insurers between 2002-03...

For commercial banks operating in India, off balance sheet activities have become important in the reform years because of the following reasons:(i) The deregulation of the banking sector entry and relaxation of branch licensing policy resulted in substantial decline in banking sector spread (in...

Prices of commodities are determined by the market forces of demand and supply and susceptible to changes due to changes in market forces. The change in market forces within a short period leads to sharp change in prices leading to price volatility. Price risk is the potential for a future price...