{"title":"影响印度一般保险公司财务绩效因素的决定因素:面板数据证据","authors":"Soumya Sasidharan, V. Ranjith, Sunitha Prabhuram","doi":"10.5709/ce.1897-9254.508","DOIUrl":null,"url":null,"abstract":"The researchers aim to examine the firm-specific variables that impact the financial performance of general insurance firms in India. The study’s scope is limited to India’s insurance industries from 2010-2011 to 2019-2020. The research considers 21 insurance firms in India out of 35 general insurers. We obtain statistical data from the financial statements of insurance companies. The research used correlation analysis and panel data regression to evaluate financial performance and its impacts. Panel data techniques were employed in the analysis to study the impact of eleven micro factors on the monetary performance of general insurers in India. The influence of micro (internal) variables such as capital adequacy ratio, firm size, age of the firm, retention, liquidity, loss ratio, investment ratio, reinsurance dependence, financial leverage, tangibility, and premium growth rate on the financial performance has been determined using econometric findings in this research. The fixed-effect model results reveal that firm’s age, loss ratio, size, premium growth, and retention ratio are vital in affecting the financial performance of Indian general insurance firms. On the other hand, liquidity and financial leverage are insignificant in determining the financial performance of general insurance firms in India.","PeriodicalId":44824,"journal":{"name":"Contemporary Economics","volume":"77 1","pages":""},"PeriodicalIF":2.4000,"publicationDate":"2023-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Determinants of Factors Affecting the Financial Performance of Indian General Insurance Firm: Panel Data Evidence\",\"authors\":\"Soumya Sasidharan, V. Ranjith, Sunitha Prabhuram\",\"doi\":\"10.5709/ce.1897-9254.508\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The researchers aim to examine the firm-specific variables that impact the financial performance of general insurance firms in India. The study’s scope is limited to India’s insurance industries from 2010-2011 to 2019-2020. The research considers 21 insurance firms in India out of 35 general insurers. We obtain statistical data from the financial statements of insurance companies. The research used correlation analysis and panel data regression to evaluate financial performance and its impacts. Panel data techniques were employed in the analysis to study the impact of eleven micro factors on the monetary performance of general insurers in India. The influence of micro (internal) variables such as capital adequacy ratio, firm size, age of the firm, retention, liquidity, loss ratio, investment ratio, reinsurance dependence, financial leverage, tangibility, and premium growth rate on the financial performance has been determined using econometric findings in this research. The fixed-effect model results reveal that firm’s age, loss ratio, size, premium growth, and retention ratio are vital in affecting the financial performance of Indian general insurance firms. On the other hand, liquidity and financial leverage are insignificant in determining the financial performance of general insurance firms in India.\",\"PeriodicalId\":44824,\"journal\":{\"name\":\"Contemporary Economics\",\"volume\":\"77 1\",\"pages\":\"\"},\"PeriodicalIF\":2.4000,\"publicationDate\":\"2023-06-30\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Contemporary Economics\",\"FirstCategoryId\":\"1089\",\"ListUrlMain\":\"https://doi.org/10.5709/ce.1897-9254.508\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Contemporary Economics","FirstCategoryId":"1089","ListUrlMain":"https://doi.org/10.5709/ce.1897-9254.508","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
Determinants of Factors Affecting the Financial Performance of Indian General Insurance Firm: Panel Data Evidence
The researchers aim to examine the firm-specific variables that impact the financial performance of general insurance firms in India. The study’s scope is limited to India’s insurance industries from 2010-2011 to 2019-2020. The research considers 21 insurance firms in India out of 35 general insurers. We obtain statistical data from the financial statements of insurance companies. The research used correlation analysis and panel data regression to evaluate financial performance and its impacts. Panel data techniques were employed in the analysis to study the impact of eleven micro factors on the monetary performance of general insurers in India. The influence of micro (internal) variables such as capital adequacy ratio, firm size, age of the firm, retention, liquidity, loss ratio, investment ratio, reinsurance dependence, financial leverage, tangibility, and premium growth rate on the financial performance has been determined using econometric findings in this research. The fixed-effect model results reveal that firm’s age, loss ratio, size, premium growth, and retention ratio are vital in affecting the financial performance of Indian general insurance firms. On the other hand, liquidity and financial leverage are insignificant in determining the financial performance of general insurance firms in India.
期刊介绍:
The mission of the Contemporary Economics is to publish advanced theoretical and empirical research in economics, finance, accounting and management with the noticeable contribution and impact to the development of those disciplines and preferably with practice relevancies. All entirety of methods is desirable, including a falsification of conventional understanding, theory building through inductive or qualitative research, first empirical testing of a theory, meta-analysis with theoretical implications, constructive replication that clarifies the boundaries or range of a theory for theoretical research as well as qualitative, quantitative, field, laboratory, meta-analytic, and combination for an empirical research. This clear priority for comprehensive manuscripts containing a methodology-based theoretical and empirical research with implications and recommendations for policymaking does not exclude manuscripts entirely focused on theory or methodology. Manuscripts that raise significant, actual topics of international relevance will be highly appreciated. The interdisciplinary approach including – besides economic, financial, accounting or managerial –also other aspects, is welcomed.