This paper proposes an alternative data envelopment analysis for assessing the operational performance of 46 international tourist hotels (ITHs) in Taiwan over the period 1997-2002. This study is the first research that combines the discriminant power of a slack-based measure and the dynamic view of window analysis in applying DEA. It is shown that the trend of mean managerial efficiency is inc...

Data Envelopment Analysis (DEA) is a linear programming based technique that was developed to evaluate relative efficiency of nonprofit and public sector Decision Making Units (DMU's) that use multiple inputs to produce multiple outputs. In this study, DEA is evaluated and tested for use as a managerial audit tool to identify and measure inefficiencies among a set of DI'IU's. Based on three app...

We discuss and examine empirically a firm-level equivalent of the ancient problem of ‘tying the King’s hands’, namely how to avoid managerial intervention that is undertaken to reap private benefits but is harmful to overall value creation, that is, ‘managerial opportunism’. The link from managerial intervention to firm-level value-creation is moderated by employee motivation. Thus, interventio...

Since publication of the 3rd Edition of the World Health Organisation (WHO) Drinking Water Quality guidelines, global adoption of water safety plans (WSPs) has been gathering momentum. Most guidance lists managerial commitment and 'buy-in' as critical to the success of WSP implementation; yet the detail on how to generate it is lacking. This commentary discusses aspects of managerial commitment...

W propose a measure of managerial ability, based on managers’ efficiency in generating revenues, which is available for a large sample of firms and outperforms existing ability measures. We find that our measure is strongly associated with manager fixed effects and that the stock price reactions to chief executive officer (CEO) turnovers are positive (negative) when we assess the outgoing CEO a...

Here, we examine the capability of artificial neural networks (ANNs) in sensitivity analysis of the parameters of efficiency analysis model, namely data envelopment analysis (DEA). We are mainly interested to observe the required change of a group of parameters when another group goes under a managerial change, maintaining the score of the efficiency. In other words, this methodology provides a...

by the appropriate use of information technology, organizations can achieve sustainable competitive advantages. this technology because of including some characteristics such as being up-to-date, fast and precise and having different geographic localities all the time, has improved organizational efficiency, effectiveness and performance. in this article, we intend to investigate the role and e...

We propose a novel approach to evaluating the empirical importance of individual managerial characteristics: We analyze different managerial positions (CEO and CFO) jointly and ask whether a managerial bias (overconfidence) matters for decisions under the control of the manager, but not for decisions outside the manager’s core duties. Using a new data set on CEO and CFO overconfidence, we show ...