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 cote 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 Shouyang Wang
School of Economics and Management, Beijing University of Posts and Telecommunication,Beijing 100876 Academy of Mathematics and Systems Science, Chinese Academy of Sciences, Beijing 100190 China
国际会议
The First World Congress on Global Optimization in Engineering & Science(第一届工程与科学全局优化国际会议 WCGO2009)
长沙
英文
553-563
2009-06-01(万方平台首次上网日期,不代表论文的发表时间)