This study uses data envelopment analysis (DEA) to measure the relative efficiency of 20 China closed-end funds. The sensitivity of DEA efficiency to various input-output variable combinations is investigated. More funds show up efficient when several inputs and output are taken into account. This approach eliminates the limitations of the earlier indices.
机构:
Middle East Tech Univ, Fac Econ & Adm Sci, Dept Business Adm, TR-06800 Ankara, TurkeyMiddle East Tech Univ, Fac Econ & Adm Sci, Dept Business Adm, TR-06800 Ankara, Turkey
Guner, Z. Nuray
Onder, Zeynep
论文数: 0引用数: 0
h-index: 0
机构:
Bilkent Univ, Fac Business Adm, Dept Management, TR-06800 Ankara, TurkeyMiddle East Tech Univ, Fac Econ & Adm Sci, Dept Business Adm, TR-06800 Ankara, Turkey