Purpose – The purpose of this study is to investigate interest rate sensitivity of the US property/liability (P/L) insurers stock returns using various return generating process models incorporating different interest rate changes such as actual interest rate changes, unexpected interest rate...

Purpose – The purpose of this study is two-fold. The first purpose is to properly measure the level of US property and liability (P/L) insurers liquidity creation, applying the liquidity creation measure developed by Berger and Bouwman. The second purpose is to identify factors affecting P/L...

This paper evaluates and compares the government reforms of current Roh government and the previous administration based on 7 success factors of a government reform. The Roh administration is doing a better job than the Kim administration in such areas as preparation for a reform, periodical...

The National Education Information System (NEIS), initiated by the Ministry of Education (MOE) in Korea, is an electronic system that manages diverse administrative and academic affairs of all the nation's schools and students through the Internet. In 2003, NEIS touched off a fierce conflict...

The past decade has witnessed a proliferation of regional as well as inter-regional organizations dealing with a wide range of political, economic, security, and social issues. On balance, material interests and the need for balance of power amongst the states and the regions are often abetted...

Purpose – The purpose of this study is to investigate interest rate sensitivity of the US property/liability (P/L) insurers stock returns using various return generating process models incorporating different interest rate changes such as actual interest rate changes, unexpected interest rate...

Purpose – The purpose of this paper is to investigate the efficiency of Korean insurers that have adopted enterprise resource planning (ERP) system to improve their efficiency. Design/methodology/approach – The study uses Data Envelopment Analysis (DEA) with several inputs and outputs to...