Private health insurance plays a central role in the Australia's healthcare system and improving the efficiency of the industry as a means of lowering premiums to policyholders is an important goal of the existing legislation and regulatory framework. In this paper, we examine the technical and...

In this paper, we investigate productivity growth in 55 major Australian urban water utilities using nonparametric frontier techniques over the period 2005/06 to 2008/09. The five outputs included in the analysis are chemical and microbiological compliance, and the inverses of real loses per...

A sample of one hundred and seventy-seven New South Wales' local governments is used to compare the data envelopment analysis (DEA) and stochastic frontier approaches to cost efficiency measurement. The results suggest that the choice of reference technology implies different levels of...

This paper examines the pricing and performance of initial public offerings (IPOs) in the Stock Exchange of Thailand (SET) from February 1997 to October 2008. Underpricing is calculated using headline underpricing, underpricing issuer loss, underpricing loss by market value, and underpricing...

This paper examines the firm-specific determinants and outcomes of initial public offerings (IPOs) in Thailand using data on 5,228 private and newly publicly listed firms between 2001 and 2007. We use the listing requirements of the Stock Exchange of Thailand (SET) to identify all private firms...

This paper uses a multifactor model to examine the role of crude oil as a pricing factor in Australian excess industry returns over the period January 1980 to August 2006. A dynamic model is also specified to provide insights into the relationship between the stock market and past oil price...

This paper examines the firm-specific determinants and outcomes of initial public offerings (IPOs) in Thailand using data on 5,228 private and newly publicly listed firms between 2001 and 2007. We use the listing requirements of the Stock Exchange of Thailand (SET) to identify all private firms...