Article
Measuring the technical efficiency of cooperative societies in Kuwait
Managerial and Decision Economics
ORCID Identifiers
Document Type
Article
Publication Date
10-1-2018
Abstract
© 2018 John Wiley & Sons, Ltd. This study employs bootstrap data envelopment analysis to measure the technical efficiencies of 48 Kuwaiti retail cooperative societies (coops) during the years 2012–2015. Average profit efficiency falls substantially from 84% to 70% after applying a bootstrap correction. The bias is larger for coops originally identified as being on the efficient frontier. The average coop is too small, but both profitability and efficiency are negatively related to the number of direct branches (mini-marts). Also, coops can increase profitability through greater equity capitalization, whereas better control of labor costs leads to higher profit efficiency.
DOI Link
10.1002/mde.2962
Publisher
John Wiley and Sons Ltd
Disciplines
Scopus ID
85052658219
Indexed in Scopus
Yes
Open Access
No
https://doi.org/10.1002/mde.2962
Citation Information
Abdullah Al Mutairi, Dennis Olson and Bashaer Al Ghanim. "Measuring the technical efficiency of cooperative societies in Kuwait" Managerial and Decision Economics Vol. 39 Iss. 7 (2018) p. 792 - 804 ISSN: <a href="https://v2.sherpa.ac.uk/id/publication/issn/0143-6570" target="_blank">0143-6570</a> Available at: http://works.bepress.com/dennis-olson/2/