Technical Efficiency of Firms, A Comparison Study for Family and Non-Family-Owned Businesses in Southeast Asian Countries

International Journal of Economics and Management Pub Date : 2022-01-01 DOI:10.47836/ijeamsi.16.1.002

Wai WAH WONG, M. Yahya, A. Ariffin, Tze San Ong

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引用次数: 0

Abstract

This is a comparative study on firm efficiency, a proxy for firm performance, between family-owned business (FOB) and non-family-owned business (non-FOB). This study aims to determine a firms' efficiency by comparing FOB and non-FOB in Southeast Asia countries. The efficiency ratios for five Southeast Asian countries were estimated using Data Envelopment Analysis (DEA), before a two-sample T-test to determine the differences between FOBs and non-FOBs. Hence, secondary data research techniques from each country from 2007 to 2016 were used to conduct the comparison. The data were gathered from various sources. The findings did not archive any comparison in performance among FOBs and non-FOBs. This finding is fundamental for the Board of Director (BOD), senior management of the firms, researchers, policymakers, scholastics, and the overall population., Ceteris paribus, both FOB and non-FOB, ought to work at a similar efficiency even out and have the option to produce comparative returns for their shareholders. Subsequently, stakeholders can compare treatments to assist in alleviating the dependency on two unique treatments or strategies when managing FOB and non- FOB. In short, it could expand the BOD and management efficiency.

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企业技术效率:东南亚国家家族企业与非家族企业的比较研究

这是对家族企业(FOB)和非家族企业(non-FOB)之间企业效率(企业绩效的代理)的比较研究。本研究旨在通过比较东南亚国家的离岸价和非离岸价来确定企业的效率。使用数据包络分析(DEA)估计了五个东南亚国家的效率比，然后进行了双样本t检验，以确定fob和非fob之间的差异。因此，我们使用了2007年至2016年各国的二手数据研究技术进行比较。这些数据是从各种来源收集的。研究结果并没有记录下fob和非fob之间表现的任何比较。这一发现对董事会(BOD)、公司高级管理层、研究人员、政策制定者、学者和整个人群都是至关重要的。无论是离岸价还是非离岸价，其他条件都应该以相似的效率工作，并拥有为股东创造相对回报的选择权。随后，利益相关者可以比较治疗方法，以帮助减轻在管理FOB和非FOB时对两种独特治疗或策略的依赖。总之，它可以扩大BOD和管理效率。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Journal of Economics and Management Economics, Econometrics and Finance-Economics, Econometrics and Finance (all)

CiteScore

1.80

自引率

0.00%

发文量

期刊介绍： The journal focuses on economics and management issues. The main subjects for economics cover national macroeconomic issues, international economic issues, interactions of national and regional economies, microeconomics and macroeconomics policies. The journal also considers thought-leading substantive research in the finance discipline. The main subjects for management include management decisions, Small Medium Enterprises (SME) practices, corporate social policies, digital marketing strategies and strategic management. The journal emphasises empirical studies with practical applications; examinations of theoretical and methodological developments. The journal is committed to publishing the high quality articles from economics and management perspectives. It is a triannual journal published in April, August and December and all articles submitted are in English. IJEM follows a double-blind peer-review process, whereby authors do not know reviewers and vice versa. Peer review is fundamental to the scientific publication process and the dissemination of sound science.