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Comparison of takaful and non-takaful insurance companies of Pakistan : under pre, during, and post economic crisis 2008
The purpose of this study is to examine the determinants of profitability of Takaful Insurance and Non-Takaful Insurance companies under the tenure of pre, during, and post-financial crisis. The stimulus of this study was the absence of research on this topic. The profitability is measured using Return on Assets whereas macro-economic variables i.e. GDP and Inflation and industry-specific variables i.e. Liquidity, Leverage, and Size are used as independent variables. Panel regression results indicated that macro-economic variables had an insignificant impact on the profitability of the Insurance sector under all three phases, whereas industry-specific variables have a miscellaneous impact on profitability. Takaful insurance companies have better liquidity management than the Non-Takaful insurance companies under post-economic crisis tenure too as they get better returns in terms of profitability. It is concluded that insurance companies? sectors i.e. Takaful-insurance companies and Non-Takaful Insurance companies should emphasize their internal or industry-specific indicators for their stability..
Call Number | Location | Available |
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PSB lt.2 - Karya Akhir | 1 |
Penerbit | Program Studi Ilmu Ekonomi Islam Fakultas Ekonomi dan Bisnis Universitas Indonesia., 2021 |
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Edisi | - |
Subjek | Liquidity Inflation Profitability Leverage Insurance Company GDP |
ISBN/ISSN | - |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |