Measuring and evaluating technical efficiency of a Libyan construction companies through data envelopment analysis / Abdullah Ahmad A. Eltaief , Saadiah Mohamad and Badrul Hisham Kamaruddin
This paper attempts to investigate this claim through measuring the technical efficiency for 26 companies surveyed in 1995-2005 in Libyan construction industry. In measuring technical efficiency data envelopment analysis (DEA) will be adopted. Further, this paper looks at determine the level of t...
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| Format: | Article |
| Language: | en |
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Institute of Business Excellence and UPENA
2010
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| Online Access: | https://ir.uitm.edu.my/id/eprint/875/1/AJ_Abdullah%20Ahmad%20A.%20Eltaief%20BMSR%20IBE%2010.pdf https://ir.uitm.edu.my/id/eprint/875/ http://www.bmqruitm.com/ |
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| _version_ | 1833057977847775232 |
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| author | Ahmad A. Eltaief, Abdullah Mohamad, Saadiah Kamaruddin, Badrul Hisham |
| author_facet | Ahmad A. Eltaief, Abdullah Mohamad, Saadiah Kamaruddin, Badrul Hisham |
| author_sort | Ahmad A. Eltaief, Abdullah |
| building | Tun Abdul Razak Library |
| collection | Institutional Repository |
| content_provider | Universiti Teknologi Mara |
| content_source | UiTM Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | This paper attempts to investigate this claim through measuring the technical efficiency
for 26 companies surveyed in 1995-2005 in Libyan construction industry. In measuring
technical efficiency data envelopment analysis (DEA) will be adopted. Further, this
paper looks at determine the level of technical efficiency where as the input variables
comprise assets, equity and number of employees. The output variables used were
revenue and profit. The results from this study show that the majority of the Libya
companies are operating inefficiency. The overall (pooled) technical efficiency (TE)
estimate was 0.807. Whereas 69 percent of the firms were operate above the average,
and 31 percent below it. Only 2 firms scored full efficiency (TE = 1.00) while 24 others
were inefficient. Detailed analysis showed that majority of firms suffer over
employment of workers, overstatement of assets and equity and using obsolete
technology. The results also showed that larger firms are more efficient than the
smaller firms, and technical efficiency is not a consequence of firm’s age, and that
change of government policy has a strong effect on technical efficiency. That is, after
the government implemented the open door policy, technical efficiency scores gradually
increase. |
| format | Article |
| id | my.uitm.ir-875 |
| institution | Universiti Teknologi Mara |
| language | en |
| publishDate | 2010 |
| publisher | Institute of Business Excellence and UPENA |
| record_format | eprints |
| spelling | my.uitm.ir-8752018-11-08T08:36:32Z https://ir.uitm.edu.my/id/eprint/875/ Measuring and evaluating technical efficiency of a Libyan construction companies through data envelopment analysis / Abdullah Ahmad A. Eltaief , Saadiah Mohamad and Badrul Hisham Kamaruddin bmqr Ahmad A. Eltaief, Abdullah Mohamad, Saadiah Kamaruddin, Badrul Hisham Analysis Electronics This paper attempts to investigate this claim through measuring the technical efficiency for 26 companies surveyed in 1995-2005 in Libyan construction industry. In measuring technical efficiency data envelopment analysis (DEA) will be adopted. Further, this paper looks at determine the level of technical efficiency where as the input variables comprise assets, equity and number of employees. The output variables used were revenue and profit. The results from this study show that the majority of the Libya companies are operating inefficiency. The overall (pooled) technical efficiency (TE) estimate was 0.807. Whereas 69 percent of the firms were operate above the average, and 31 percent below it. Only 2 firms scored full efficiency (TE = 1.00) while 24 others were inefficient. Detailed analysis showed that majority of firms suffer over employment of workers, overstatement of assets and equity and using obsolete technology. The results also showed that larger firms are more efficient than the smaller firms, and technical efficiency is not a consequence of firm’s age, and that change of government policy has a strong effect on technical efficiency. That is, after the government implemented the open door policy, technical efficiency scores gradually increase. Institute of Business Excellence and UPENA 2010 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/875/1/AJ_Abdullah%20Ahmad%20A.%20Eltaief%20BMSR%20IBE%2010.pdf Measuring and evaluating technical efficiency of a Libyan construction companies through data envelopment analysis / Abdullah Ahmad A. Eltaief , Saadiah Mohamad and Badrul Hisham Kamaruddin. (2010) Business and Management Quarterly Review (BMQR) <https://ir.uitm.edu.my/view/publication/Business_and_Management_Quarterly_Review_=28BMQR=29/>, 1 (4). pp. 8-21. ISSN 2180-2777 http://www.bmqruitm.com/ |
| spellingShingle | Analysis Electronics Ahmad A. Eltaief, Abdullah Mohamad, Saadiah Kamaruddin, Badrul Hisham Measuring and evaluating technical efficiency of a Libyan construction companies through data envelopment analysis / Abdullah Ahmad A. Eltaief , Saadiah Mohamad and Badrul Hisham Kamaruddin |
| title | Measuring and evaluating technical efficiency of a Libyan construction companies through data envelopment analysis / Abdullah Ahmad A. Eltaief , Saadiah Mohamad and Badrul Hisham Kamaruddin |
| title_full | Measuring and evaluating technical efficiency of a Libyan construction companies through data envelopment analysis / Abdullah Ahmad A. Eltaief , Saadiah Mohamad and Badrul Hisham Kamaruddin |
| title_fullStr | Measuring and evaluating technical efficiency of a Libyan construction companies through data envelopment analysis / Abdullah Ahmad A. Eltaief , Saadiah Mohamad and Badrul Hisham Kamaruddin |
| title_full_unstemmed | Measuring and evaluating technical efficiency of a Libyan construction companies through data envelopment analysis / Abdullah Ahmad A. Eltaief , Saadiah Mohamad and Badrul Hisham Kamaruddin |
| title_short | Measuring and evaluating technical efficiency of a Libyan construction companies through data envelopment analysis / Abdullah Ahmad A. Eltaief , Saadiah Mohamad and Badrul Hisham Kamaruddin |
| title_sort | measuring and evaluating technical efficiency of a libyan construction companies through data envelopment analysis / abdullah ahmad a. eltaief , saadiah mohamad and badrul hisham kamaruddin |
| topic | Analysis Electronics |
| url | https://ir.uitm.edu.my/id/eprint/875/1/AJ_Abdullah%20Ahmad%20A.%20Eltaief%20BMSR%20IBE%2010.pdf https://ir.uitm.edu.my/id/eprint/875/ http://www.bmqruitm.com/ |
| url_provider | http://ir.uitm.edu.my/ |