Benchmarking the Performance of Asset Management Banks

This study utilized a data envelopment analysis model to the performance persistence of 16 asset management institutions. When we evaluate based on capital efficiency (or productivity) ratio, earnings before interest, taxes, depreciation, and amortization (EBITDA) margin, return investment (ROI), find that only one bank has consistently outperformed its peers every year from 2014 2019. add tax efficiency, as measured by calculated rate, in addition EBITDA, ROI, 3 banks have their industry for period ranging These consistent findings indicate that, indeed, skill managers does play role management, at least short run.