بررسی اثرات ضریب خسارت، هزینه‌های عملیاتی و نسبت نگهداری بر میزان سودآوری شرکت‌های بیمه

نوع مقاله : علمی - پژوهشی

نویسندگان

1 استادیار، گروه مدیریت مالی، دانشگاه آزاد اسلامی، واحد تهران مرکزی، تهران، ایران

2 دکتری اقتصاد، گروه اقتصاد، دانشگاه مازندران، بابلسر، ایران

3 کارشناس ارشد مدیریت مالی، دانشگاه آزاد اسلامی واحد فیروزآباد، فیروزآباد، ایران.

چکیده

در پژوهش حاضر، رابطۀ بین سودآوری شرکت‌های بیمه (بر اساس دو شاخص کلیدی سودآوری شامل نرخ بازده دارایی‌ها و بازده حقوق صاحبان سهام) و عوامل اثرگذار بر آن که شامل ضریب خسارت، مخارج عملیاتی و نسبت نگهداری هستند، بررسی شده است. نمونة پژوهش شامل 19 شرکت بیمه‌ای پذیرفته‌شده در بورس اوراق بهادار تهران و فرابورس ایران است و فرضیه‌ها با استفاده از روش تحلیل رگرسیون داده‌های پنلی و با کمک نرم‌افزار Stata برای دورة 1395 تا 1400 مورد آزمون قرار گرفته‌اند. طبق نتایج حاصل از برآورد الگوهای تحقیق، متغیر ضریب خسارت اثر منفی و معناداری بر بازده دارایی و بازده حقوق صاحبان سهام به عنوان معیارهای سودآوری شرکت‌های بیمة پذیرفته‌شده در بورس اوراق بهادار تهران و فرابورس ایران داشته است. همچنین، هزینه‎های عملیاتی اثر منفی و معناداری بر نرخ بازده دارایی و بازده حقوق صاحبان سهام به عنوان معیارهای سودآوری شرکت‌های نمونه داشته است. از سوی دیگر، متغیر نسبت نگهداری اثر مثبت و معناداری بر نرخ بازده دارایی و بازده حقوق صاحبان سهام به عنوان معیارهای سودآوری شرکت‌های بیمة پذیرفته‌شده در بورس اوراق بهادار تهران و فرابورس ایران داشته است.

کلیدواژه‌ها

عنوان مقاله [English]

Surveying The Effects of Claim Ratio, Operating Costs, and Retention Ratio on the Profitability of Insurance Companies

نویسندگان [English]

  • Mojtaba Rostami Noroozabad 1
  • Milad Sahrazi 2
  • Zhaleh Mardani 3
  • Haniyeh Arian Asl 3
1 Assistant Prof., Department of Financial Management, Islamic Azad University, Central Tehran Branch, Tehran, Iran
2 Ph.D in Economics, Department of Economics, University of Mazandaran, Babolsar, Iran
3 MSc. In Financial Management, Islamic Azad University, Firoozabad Branch, Firoozabad, Iran
چکیده [English]

In this study, the relationship between the profitability of insurance companies (based on two key profitability indicators, including the return on assets (ROA) and the return on equity (ROE)) and its influencing factors, including claim ratio, operational expenses, and retention ratio, has been studied. Nineteen insurance companies listed on the Tehran Stock Exchange (TSE) and Iran Fara Bourse (IFB) were included in the research sample. A panel regression analysis was conducted using Eviews software to test hypotheses during 2016-2021. As a result of the estimation of the research models, the variable of loss ratio significantly and negatively affects the return on assets and return on equity of insurance companies listed in the Tehran Stock Exchange and Iran Farabourse. Also, operating costs have a negative and significant effect on the rate of return on assets and return on equity as profitability criteria of the sample companies. On the other hand, the holding ratio variable has had a positive and significant effect on the rate of return on assets and return on equity as profitability measures of insurance companies listed in the Tehran Stock Exchange and Iran Farabourse

کلیدواژه‌ها [English]

  • Insurance Companies
  • Claim Ratio
  • Operational Costs
  • Retention Ratio
  • Profitability

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چشم انداز مدیریت مالی
دوره 13، شماره 43
1402
صفحه 29-49

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