An Integrated Systematic Approach for Mutual Funds Management Companies Competence Evaluation
This paper proposes a multi-subsystem fuzzy data envelopment analysis (MFDEA) model to evaluate mutual funds management companies core competence which is apparently characterized with both qualitative factors and quantitative factors. As the first attempt of core competence analysis of mutual funds management companies in a financial market, we evaluate how close the mutual funds management companies are to the best practices frontier, and analyze how they should manage their funds. An empirical study of 32 mutual funds management companies in China leads to a meaningful analysis and some management insights. The approach can also be applied to many other hard assessment and evaluation problems.
mutual funds management company core competence multi-subsystem fuzzy data envelopment analysis (MFDEA)
Xiujuan Zhao Wuyi Yue Shouyang Wang
School of Economics and Management, Beijing University of Posts and Telecommunication, Beijing, Chin Department of Intelligence and Informatics, Konan University, Kobe 658 -8501 Japan Academy of Mathematics and Systems Science, Chinese Academy of Sciences, Beijing, China
国际会议
广州
英文
306-312
2008-12-11(万方平台首次上网日期,不代表论文的发表时间)