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Measuring Efficiency of Korean Fund Operation Company using DEA

DEA 모형을 이용한 국내 펀드 운용사의 효율성 분석

  • 김종기 (부산대학교 경영학부) ;
  • 강다연 (부산대학교 경영학과 대학원) ;
  • 박기운 (부산대학교 경영학과 대학원) ;
  • 박제헌 (부산대학교 경영학과 대학원) ;
  • 옥석재 (부산대학교 경영학부)
  • Published : 2008.04.28

Abstract

It is hard environment to get a profit without active invest due to the low interest. In this kind of environment, however, it is also difficult to find good company directly. So private investors is hard to succeed in comprehensive financial environment. Analyzing efficiency is necessary to enhance the competitive power of fund companies. This paper analyze the efficiency of fund company using DEA models. We evaluate the CCR and BCC efficiency and RTS(return to scale) of 33 Korean fund companies. We also suggest the fund company which can be benchmarked based on analyzed information.

Keywords

DEA;Fund Company;Efficiency

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