performance measurement

Performance evaluation using bootstrapping DEA techniques: Evidence from industry ratio analysis, In common with N. Tzeremes. MPRA Paper 25072, University Library of Munich, Germany. 2010

In Data Envelopment Analysis (DEA) context financial data/ ratios have been used in order to produce a unified measure of performance metric. However, several scholars have indicated that the inclusion of financial ratios create biased efficiency estimates with implications on firms’ and industries’ performance evaluation. There have been several DEA formulations and techniques dealing with this problem including sensitivity analysis, Prior-Ratio-Analysis and DEA/ output–input ratio analysis for the assessment of the efficiency and ranking of the examined units.