ECONOMIES OF SCALE AND EFFICIENCY OF MUTUAL FUNDS IN PAKISTAN

http://dx.doi.org/10.31703/grr.2019(IV-I).11      10.31703/grr.2019(IV-I).11      Published : Mar 1
Authored by : Muhammad Jam e KausarAliAsghar , AbdulZahidKhan , HafizGhufran AliKhan

11 Pages : 96-103

References

  • Afshan, N. (2013). Performance Evaluation of Mutual Funds in India: DEA Approach. Romanian Review of Social Sciences, 5, 46-56
  • Afza, T., & Jam-e-kausar (2010). Firm Size and Efficiency in the Non-Life Insurers of Pakistan. Journal of Quality and Technology Management, 4(2), 168-173.
  • Alexakis, P., & Tsolas, I. (2011). Appraisal of Mutual Equity Fund Performance Using Data Envelopment Analysis. Multinational Finance Journal, 15(3/4), 273-296.
  • Asghar, M. J. K., Afza, T., & Bodla, M. A. (2013). The efficiency of the Mutual Funds in Pakistan. Middle-East Journal of Scientific Research, 18(8), 1055-1064.
  • Ayadi, M. A., Ben Ghazi, Z., & Chabchoub, H. (2015). Canadian Socially Responsible Investment Mutual Funds Performance Evaluation Using Data Envelopment Analysis. Multiple Criteria Decision Making in Finance, Insurance and Investment, 77-133.
  • Bangash, R., A. Hussain & M. H. Azhar (2018). Performance Evaluation of Mutual Funds: A Data Envelopment Analysis. Global Social Sciences Review, 3(2), 212-236.
  • Barrientos, A., & Boussofiane, A. (2005). How Efficient are Pension Fund Managers in Chile? Revista de Economia Contemporânea, 9(2), 289-301.
  • Charnes, W.W. Cooper, E. Rhodes (1978). Measuring the Efficiency of Decision Making Units. European Journal of Operational Research, 2, 429-444.
  • Cullinan, C., & Zheng, X. (2012). Asset Liquidity and Mutual Fund Management Fees: Evidence from ClosedEnd Mutual Funds. Accounting and Finance Research, 1(2), 139-147.
  • García, J. V., Vidal, M., Boubaker, S., & Hassan, M. (2016). The Efficiency of Mutual Funds. Annals of Operation Research, Forthcoming, 1-42.
  • Gardijan, M., & KriÅ¡to, J. (2017). Efficiency of Mutual Funds in Croatia: a DEA-based Approach Applied in the Pre-crisis, Crisis and Post-crisis Period. Croatian Operational Research Review, 8(1), 77-92.
  • Hendrawan, R., & Aji Sumantri, M. B. (2013). Efficiency of Indonesia's Mutual Funds During 2007-2011 By Using Data Envelopment Analysis (DEA). Jurnal Keuangan dan Perbankan, 17(1), 99-110.
  • Mansor, F., Bhatti, M., & Ariff, M. (2015). New evidence on the impact of fees on mutual fund performance of two types of funds. Journal of International Financial Markets, Institutions and Money, 35, 102-115.
  • Qamruzzaman, Md. (2014). Comparative Study on Performance Evaluation of Mutual Fund Schemes in Bangladesh: An Analysis of Monthly Returns. Journal of Business Studies Quarterly, 5(4), 190-209.
  • Tavakoli, M. R., & Houshyar, A. N. (2014). Productivity and Efficiency Evaluation of US Mutual Funds. Journal of Economics and Finance, 64(2), 120-143.

References

  • Afshan, N. (2013). Performance Evaluation of Mutual Funds in India: DEA Approach. Romanian Review of Social Sciences, 5, 46-56
  • Afza, T., & Jam-e-kausar (2010). Firm Size and Efficiency in the Non-Life Insurers of Pakistan. Journal of Quality and Technology Management, 4(2), 168-173.
  • Alexakis, P., & Tsolas, I. (2011). Appraisal of Mutual Equity Fund Performance Using Data Envelopment Analysis. Multinational Finance Journal, 15(3/4), 273-296.
  • Asghar, M. J. K., Afza, T., & Bodla, M. A. (2013). The efficiency of the Mutual Funds in Pakistan. Middle-East Journal of Scientific Research, 18(8), 1055-1064.
  • Ayadi, M. A., Ben Ghazi, Z., & Chabchoub, H. (2015). Canadian Socially Responsible Investment Mutual Funds Performance Evaluation Using Data Envelopment Analysis. Multiple Criteria Decision Making in Finance, Insurance and Investment, 77-133.
  • Bangash, R., A. Hussain & M. H. Azhar (2018). Performance Evaluation of Mutual Funds: A Data Envelopment Analysis. Global Social Sciences Review, 3(2), 212-236.
  • Barrientos, A., & Boussofiane, A. (2005). How Efficient are Pension Fund Managers in Chile? Revista de Economia Contemporânea, 9(2), 289-301.
  • Charnes, W.W. Cooper, E. Rhodes (1978). Measuring the Efficiency of Decision Making Units. European Journal of Operational Research, 2, 429-444.
  • Cullinan, C., & Zheng, X. (2012). Asset Liquidity and Mutual Fund Management Fees: Evidence from ClosedEnd Mutual Funds. Accounting and Finance Research, 1(2), 139-147.
  • García, J. V., Vidal, M., Boubaker, S., & Hassan, M. (2016). The Efficiency of Mutual Funds. Annals of Operation Research, Forthcoming, 1-42.
  • Gardijan, M., & KriÅ¡to, J. (2017). Efficiency of Mutual Funds in Croatia: a DEA-based Approach Applied in the Pre-crisis, Crisis and Post-crisis Period. Croatian Operational Research Review, 8(1), 77-92.
  • Hendrawan, R., & Aji Sumantri, M. B. (2013). Efficiency of Indonesia's Mutual Funds During 2007-2011 By Using Data Envelopment Analysis (DEA). Jurnal Keuangan dan Perbankan, 17(1), 99-110.
  • Mansor, F., Bhatti, M., & Ariff, M. (2015). New evidence on the impact of fees on mutual fund performance of two types of funds. Journal of International Financial Markets, Institutions and Money, 35, 102-115.
  • Qamruzzaman, Md. (2014). Comparative Study on Performance Evaluation of Mutual Fund Schemes in Bangladesh: An Analysis of Monthly Returns. Journal of Business Studies Quarterly, 5(4), 190-209.
  • Tavakoli, M. R., & Houshyar, A. N. (2014). Productivity and Efficiency Evaluation of US Mutual Funds. Journal of Economics and Finance, 64(2), 120-143.

Cite this article

APA

    APA : Asghar, M. J. e. K. A., Khan, A. Z., & Khan, H. G. A. (2019). Economies of Scale and Efficiency of Mutual Funds in Pakistan. Global Regional Review, IV(I), 96-103. https://doi.org/10.31703/grr.2019(IV-I).11

CHICAGO

    CHICAGO : Asghar, Muhammad Jam e Kausar Ali, Abdul Zahid Khan, and Hafiz Ghufran Ali Khan. 2019. "Economies of Scale and Efficiency of Mutual Funds in Pakistan." Global Regional Review, IV (I): 96-103 doi: 10.31703/grr.2019(IV-I).11

HARVARD

    HARVARD : ASGHAR, M. J. E. K. A., KHAN, A. Z. & KHAN, H. G. A. 2019. Economies of Scale and Efficiency of Mutual Funds in Pakistan. Global Regional Review, IV, 96-103.

MHRA

    MHRA : Asghar, Muhammad Jam e Kausar Ali, Abdul Zahid Khan, and Hafiz Ghufran Ali Khan. 2019. "Economies of Scale and Efficiency of Mutual Funds in Pakistan." Global Regional Review, IV: 96-103

MLA

    MLA : Asghar, Muhammad Jam e Kausar Ali, Abdul Zahid Khan, and Hafiz Ghufran Ali Khan. "Economies of Scale and Efficiency of Mutual Funds in Pakistan." Global Regional Review, IV.I (2019): 96-103 Print.

OXFORD

    OXFORD : Asghar, Muhammad Jam e Kausar Ali, Khan, Abdul Zahid, and Khan, Hafiz Ghufran Ali (2019), "Economies of Scale and Efficiency of Mutual Funds in Pakistan", Global Regional Review, IV (I), 96-103

TURABIAN

    TURABIAN : Asghar, Muhammad Jam e Kausar Ali, Abdul Zahid Khan, and Hafiz Ghufran Ali Khan. "Economies of Scale and Efficiency of Mutual Funds in Pakistan." Global Regional Review IV, no. I (2019): 96-103. https://doi.org/10.31703/grr.2019(IV-I).11