Badunenko, Oleg; Grechanyuk, Bogdana; Talavera, Oleksandr - In: The IUP Journal of Managerial Economics VII (2009) 3-4, pp. 65-79
This study is intended to assess the introduction of increased capitalization requirements in Ukrainian insurance firms. To do so, the paper employs up-to-date frontier efficiency analysis. The analysis suggests that an increase in size occurs not only because of the regulator’s requirements,...