Comparing the structure-behavior-performance hypothesis with the efficient structure hypothesis in Iran's insurance industry

Sadraei Javaheri, A.; Zabihidan, M.S.; Behzadi, Z.

doi:10.22056/ijir.2012.01.02

Document Type : Original Research Paper

Authors

Department of Economics, Shiraz University, Shiraz, Iran

https://doi.org/10.22056/ijir.2012.01.02

Abstract

There are two main hypotheses to investigate the nature of profitability of companies in the insurance industry. The first hypothesis is related to the traditional structure-behavior-performance (SCP) and the second hypothesis is related to the efficient structure (ESH). In this article, the validity of these two hypotheses for Iran's insurance industry is tested using the data published by J.A. Central Insurance for the period 2003-2009, for 15 insurance companies in Iran. The results of this research confirm the traditional structure-behavior-performance hypothesis and state that in Iran's insurance industry, higher concentration leads to higher profitability and higher market share does not lead to higher profitability.

Keywords

Letters to Editor

IJIR Journal welcomes letters to the editor for the post-publication discussions and corrections which allows debate post publication on its site, through the Letters to Editor. Letters pertaining to manuscript published in IJIR should be sent to the editorial office of IJIR within three months of either online publication or before printed publication, except for critiques of original research. Following points are to be considering before sending the letters (comments) to the editor.

[1] Letters that include statements of statistics, facts, research, or theories should include appropriate references, although more than three are discouraged.

[2] Letters that are personal attacks on an author rather than thoughtful criticism of the author’s ideas will not be considered for publication.

[3] Letters can be no more than 300 words in length.

[4] Letter writers should include a statement at the beginning of the letter stating that it is being submitted either for publication or not.

[5] Anonymous letters will not be considered.

[6] Letter writers must include their city and state of residence or work.

[7] Letters will be edited for clarity and length.

Name *

Email Address *

Affiliation *

Comments *

Security Code *

Iranian Journal of Insurance Research

Comparing the structure-behavior-performance hypothesis with the efficient structure hypothesis in Iran's insurance industry

Letters to Editor

Send comment about this article

Volume 1, Issue 1 - Serial Number 1
January 2012
Pages 16-26

Comparing the structure-behavior-performance hypothesis with the efficient structure hypothesis in Iran's insurance industry

Letters to Editor

Send comment about this article

Volume 1, Issue 1 - Serial Number 1January 2012Pages 16-26

Volume 1, Issue 1 - Serial Number 1
January 2012
Pages 16-26