@article{(Open Science Index):https://publications.waset.org/pdf/13612,
	  title     = {The Effect of Risky Assets to Operating Efficiencies for Listed Securities Firms in Taiwan Using the Data Envelopment Analysis},
	  author    = {Ying-Hsiu Chen and  Pao-Peng Hsu and  Mou-Yuan Liao and  Shu-Min Hsieh},
	  country	= {},
	  institution	= {},
	  abstract     = {This paper employs a the variable returns to scale DEA
model to take account of risky assets and estimate the operating
efficiencies for the 21 domestic listed securities firms during the
period 2005-2009. Evidence is found that on average the brokerage
securities firms- operating efficiencies are better than integrated
securities firms. Evidence is also found that the technical inefficiency
from inappropriate management constitutes the main source of the
operating inefficiency for both types of securities firms. Moreover, the
scale economies prevail in brokerage and integrated securities firms,
in other words, which exhibit the characteristic of increasing returns to
scale.},
	    journal   = {International Journal of Economics and Management Engineering},
	  volume    = {4},
	  number    = {5},
	  year      = {2010},
	  pages     = {538 - 541},
	  ee        = {https://publications.waset.org/pdf/13612},
	  url   	= {https://publications.waset.org/vol/41},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 41, 2010},
	}