The Effect of Market Structure on Private Non-life Insurances’ Profitability in Ethiopia
| dc.contributor.advisor | Alem, Hagos (PhD) | |
| dc.contributor.author | Anwar, Adem | |
| dc.date.accessioned | 2019-03-08T15:19:05Z | |
| dc.date.accessioned | 2023-11-04T07:57:21Z | |
| dc.date.available | 2019-03-08T15:19:05Z | |
| dc.date.available | 2023-11-04T07:57:21Z | |
| dc.date.issued | 2019-02 | |
| dc.description | A thesis submitted to the Department of Accounting and Finance for the Partial fulfillment of the degree of Master of Science in Accounting and Finance. | en_US |
| dc.description.abstract | The main objective of this study is to examine the effect of market structure on private non-life insurances profitability in Ethiopia. The research used Relative Market Power (RMP), Structure-Conduct-Performance (SCP) and Efficiency Structure hypothesis (ESH) theory to investigate the effect of market structure on profitability of non-life insurances in Ethiopia. The study used panel data of nine Sample non-life insurances that have commenced their operation before eleven years that covers (2009-2017) period. The data used in this study are secondary that was collected from national bank of Ethiopia and respective non-life insurance companies. In line with the objectives, the study adopted a quantitative method of research approaches to test the hypothesis. The dependent variable profitability was measured using return on asset. The explanatory variables include; market share, concentration and efficiency as well as liquidity and leverage as control variables. The study used OLS to estimate the multiple regression model constructed through E-views 8 software after it made sure it satisfy the basic diagnostic tests. The result indicates market share, efficiency, and liquidity had a positive and statistically significant effect on private non-life insurances profitability in Ethiopia. On the contrary, leverage was negative and statistically significant on private non-life insurances profitability in Ethiopian. Market concentration has a negative, but insignificant relation with profitability of non-life insurance during the study period. Based on the above findings, the study suggests private non-life insurance company managers should emphasize to increase their market share maximization strategy, progressively become efficient internally and hold the adequate liquid asset to meet their obligations. | en_US |
| dc.identifier.uri | http://etd.aau.edu.et/handle/123456789/16638 | |
| dc.language.iso | en_US | en_US |
| dc.publisher | Addis Ababa University | en_US |
| dc.subject | Efficiency and panel data | en_US |
| dc.subject | Mmarket structure | en_US |
| dc.subject | Non-life insurance | en_US |
| dc.subject | Return on asset | en_US |
| dc.title | The Effect of Market Structure on Private Non-life Insurances’ Profitability in Ethiopia | en_US |
| dc.type | Thesis | en_US |