How to cite this paper
Naushad, M. (2021). Investigating the technical and scale efficiency of cement companies in Saudi Arabia.Management Science Letters , 11(2), 339-346.
Refrences
Al-Faraj, T. N., Bu-Bshait, K. A., & Al-Muhammad, W. A. (2006). Evaluating the efficiency of Saudi commercial banks us-ing data development analysis. International Journal of Financial Services Management, 1(4), 466–477.
AlKhathlan, K., & Malik, S. A. (2010). Are Saudi banks efficient? Evidence using data envelopment analysis (DEA). Inter-national Journal of Economics and Finance, 2(2), 53–58.
Almulhim, T. (2019). Analysis of Takaful vs. Conventional insurance firms’ efficiency: Two-stage DEA of Saudi Arabia’s insurance market. Cogent Business & Management, 6, 1–18.
Alsultanny, Y., & AlZuhair, S. (2017). Evaluating Saudi cement companies’ market share. Journal of Science and Tech-nology Policy Management, 8(2), 146–160. https://doi.org/10.1108/JSTPM-11-2016-0031
Apergis, N., Aye, G. C., Barros, C. P., Gupta, R., & Wanke, P. (2015). Energy efficiency of selected OECD countries: A slacks based model with undesirable outputs. Energy Economics, 51, 45–53. https://doi.org/10.1016/j.eneco.2015.05.022
Assaf, A. G., Barros, C. P., & Matousek, R. (2011). Technical efficiency in Saudi banks. Expert Systems with Applications, 38(5), 5781–5786.
Balakrishnan, S., & Al-Moammar, A. (2018). KSA Cement Sector Handbook 2018 Outlook: On a Modest Recovery Path (pp. 1–85) [Fundamental Analysis]. Riyadh Capital. https://www.riyadcapital.com/en/Images/KSA%20Cement%20Sector%20Handbook_Feb_28_2018%20EN_tcm10-14535.PDF
Baskaya, Z., & Öztürk, B. A. (2012). Measuring financial efficiency of cement firms listed in Istanbul stock exchange via fuzzy data envelopment analysis. Muhasebe ve Finansman Dergisi, 54, 175–188.
Charnes, A., Cooper, W. W., & Rhodes, E. (1978). Measuring the efficiency of decision making units. European Journal of Operational Research, 2(6), 429–444.
Charoenrat, T., & Harvie, C. (2017). The performance of Thai manufacturing SMEs: Data envelopment analysis (DEA) approach. Global Business Review, 18(5), 1178–1198.
Cooper, W. W., Seiford, L. M., & Zhu, J. (2011). Data envelopment analysis: History, models, and interpretations. In Hand-book on data envelopment analysis (pp. 1–39). Springer.
Cubbin, J., & Tzanidakis, G. (1998). Regression versus data envelopment analysis for efficiency measurement: An applica-tion to the England and Wales regulated water industry. Utilities Policy, 7(2), 75–85. https://doi.org/10.1016/S0957-1787(98)00007-1
Ertuğrul, İ., & Karakaşoğlu, N. (2009). Performance evaluation of Turkish cement firms with fuzzy analytic hierarchy pro-cess and TOPSIS methods. Expert Systems with Applications, 36(1), 702–715. https://doi.org/10.1016/j.eswa.2007.10.014
Fang, H., Wu, J., & Zeng, C. (2009). Comparative study on efficiency performance of listed coal mining companies in Chi-na and the US. Energy Policy, 37(12), 5140–5148. https://doi.org/10.1016/j.enpol.2009.07.027
General Authority for Statistics, S. A. (2018). Statistical Yearbook of 2018 | Issue Number: 54 (Statistical Report No. 54). https://www.stats.gov.sa/en/1018
Hosseinzadeh, A., Smyth, R., Valadkhani, A., & Moradi, A. (2018). What determines the efficiency of Australian mining companies? Australian Journal of Agricultural and Resource Economics, 62(1), 121–138.
Hsueh-Liang, W. (2005). A DEA Approach to Understanding the Performance of Taiwan’s Steel Industries 1970~1996. Asia Pacific Management Review; Tainan, 10(6). http://search.proquest.com/docview/1115698760/abstract/4F0F4E8018134415PQ/3
Kaviani, M. A., & Abbasi, M. (2014). Analyzing the Operations Strategies of Manufacturing Firms Using a Hybrid Grey DEA approach â A case of Fars Cement Companies in Iran. International Journal of Supply and Operations Manage-ment, 1(3), 371–391.
Khalili-Damghani, K., Tavana, M., & Haji-Saami, E. (2015). A data envelopment analysis model with interval data and undesirable output for combined cycle power plant performance assessment. Expert Systems with Applications, 42(2), 760–773. https://doi.org/10.1016/j.eswa.2014.08.028
Madau, F. A., Furesi, R., & Pulina, P. (2017). Technical efficiency and total factor productivity changes in European dairy farm sectors. Agricultural and Food Economics, 5(1), 1–14.
Mandal, S. K. (2010). Do undesirable output and environmental regulation matter in energy efficiency analysis? Evidence from Indian Cement Industry. Energy Policy, 38(10), 6076–6083. https://doi.org/10.1016/j.enpol.2010.05.063
Mansory, A., Ebrahimi, N., & Ramazani, M. (2014). Ranking of Companies based on TOPSIS-DEA Approach Methods (Case Study of Cement Industry in Tehran Stock Exchange). Pakistan Journal of Statistics and Operation Research, 10(2), 189–204.
Momeni, M., & Shahkhah, N. (2011). Applying Relational Model of Two-Stage DEA In Efficiency Evaluation. Business Strategies, 9(47), 333–344.
Muhammad, A., Rao, T., & Farooq, Q. (2018). DEA Window Analysis with slack-based measure of Efficiency in Indian Cement Industry. Statistics, Optimization & Information Computing, 6(2), 292–302.
Mukherjee, S. (2018). Challenges to Indian micro small scale and medium enterprises in the era of globalization. Journal of Global Entrepreneurship Research, 8(1), 1–19.
Naushad, M. (2019). Intellectual capital and financial performance of Sharia-compliant banks in Saudi Arabia. Banks and Bank Systems, 14(4), 1.
Naushad, M., Faridi, M. R., & Faisal, S. (2020). Measuring the Managerial Efficiency of Insurance Companies in Saudi Arabia: A Data Envelopment Analysis Approach. The Journal of Asian Finance, Economics, and Business, 7(6), 297–304.
Naushad, M., & Malik, S. A. (2015). Corporate governance and bank performance: A study of selected banks in GCC re-gion. Asian Social Science, 11(9), 226.
Naushad, M., & Sulphey, M. M. (2020). 2020).Prioritizing Technology Adoption Dynamics among SMEs.TEM Journal, 9(3), 983-991. TEM Journal, 9(3), 983–991. https://doi.org/10.18421/TEM93-21
Ogayon, J. A. (2014). Performance evaluation of the Philippine cement industry: Application of DEA-MPI and VRSTE. Performance Evaluation, 6(28).
Ran, J., & Hui, L. (2006). Performance efficiency of listed Chinese coal firms. Finance & Economy, 181–182.
Rezitis, A. N., & Kalantzi, M. A. (2016). Investigating Technical Efficiency and Its Determinants by Data Envelopment Analysis: An Application in the Greek Food and Beverages Manufacturing Industry. Agribusiness, 32(2), 254–271. https://doi.org/10.1002/agr.21432
Riccardi, R., Oggioni, G., & Toninelli, R. (2012). Efficiency analysis of world cement industry in presence of undesirable output: Application of data envelopment analysis and directional distance function. Energy Policy, 44, 140–152. https://doi.org/10.1016/j.enpol.2012.01.030
Roychoudhury, J. (2020). Saudi Arabian Cement Companies: Upgrading Through Leveraging Overcapacity [Data In-sight]. King Abdullah Patroleum Studies and Research Center (KAPSRC). https://www.kapsarc.org/research/publications/saudi-arabian-cement-companies-upgrading-through-leveraging-overcapacity/
Sharma, S. (2008). Analyzing the technical and scale efficiency performance: A case study of cement firms in India. Jour-nal of Advances in Management Research, 5(2), 56–63.
Shleifer, A. (1985). A theory of yardstick competition. The RAND Journal of Economics, 319–327.
Sulphey, M., & Naushad, M. (2019). The position of intellectual capital among Saudi banks. 19(04), 11–21.
USSABC. (2019). Saudi Arabian Cement Sector Looks to Rebound (pp. 1–6). U.S.-Saudi Arabia Business Council. https://us-sabc.org/wp-content/uploads/2019/09/Economic-Brief-Saudi-Cement-Sector-2019.pdf
Zhang, F., Fang, H., Wu, J., & Ward, D. (2016). Environmental Efficiency Analysis of Listed Cement Enterprises in China. Sustainability, 8(5), 1–19.
AlKhathlan, K., & Malik, S. A. (2010). Are Saudi banks efficient? Evidence using data envelopment analysis (DEA). Inter-national Journal of Economics and Finance, 2(2), 53–58.
Almulhim, T. (2019). Analysis of Takaful vs. Conventional insurance firms’ efficiency: Two-stage DEA of Saudi Arabia’s insurance market. Cogent Business & Management, 6, 1–18.
Alsultanny, Y., & AlZuhair, S. (2017). Evaluating Saudi cement companies’ market share. Journal of Science and Tech-nology Policy Management, 8(2), 146–160. https://doi.org/10.1108/JSTPM-11-2016-0031
Apergis, N., Aye, G. C., Barros, C. P., Gupta, R., & Wanke, P. (2015). Energy efficiency of selected OECD countries: A slacks based model with undesirable outputs. Energy Economics, 51, 45–53. https://doi.org/10.1016/j.eneco.2015.05.022
Assaf, A. G., Barros, C. P., & Matousek, R. (2011). Technical efficiency in Saudi banks. Expert Systems with Applications, 38(5), 5781–5786.
Balakrishnan, S., & Al-Moammar, A. (2018). KSA Cement Sector Handbook 2018 Outlook: On a Modest Recovery Path (pp. 1–85) [Fundamental Analysis]. Riyadh Capital. https://www.riyadcapital.com/en/Images/KSA%20Cement%20Sector%20Handbook_Feb_28_2018%20EN_tcm10-14535.PDF
Baskaya, Z., & Öztürk, B. A. (2012). Measuring financial efficiency of cement firms listed in Istanbul stock exchange via fuzzy data envelopment analysis. Muhasebe ve Finansman Dergisi, 54, 175–188.
Charnes, A., Cooper, W. W., & Rhodes, E. (1978). Measuring the efficiency of decision making units. European Journal of Operational Research, 2(6), 429–444.
Charoenrat, T., & Harvie, C. (2017). The performance of Thai manufacturing SMEs: Data envelopment analysis (DEA) approach. Global Business Review, 18(5), 1178–1198.
Cooper, W. W., Seiford, L. M., & Zhu, J. (2011). Data envelopment analysis: History, models, and interpretations. In Hand-book on data envelopment analysis (pp. 1–39). Springer.
Cubbin, J., & Tzanidakis, G. (1998). Regression versus data envelopment analysis for efficiency measurement: An applica-tion to the England and Wales regulated water industry. Utilities Policy, 7(2), 75–85. https://doi.org/10.1016/S0957-1787(98)00007-1
Ertuğrul, İ., & Karakaşoğlu, N. (2009). Performance evaluation of Turkish cement firms with fuzzy analytic hierarchy pro-cess and TOPSIS methods. Expert Systems with Applications, 36(1), 702–715. https://doi.org/10.1016/j.eswa.2007.10.014
Fang, H., Wu, J., & Zeng, C. (2009). Comparative study on efficiency performance of listed coal mining companies in Chi-na and the US. Energy Policy, 37(12), 5140–5148. https://doi.org/10.1016/j.enpol.2009.07.027
General Authority for Statistics, S. A. (2018). Statistical Yearbook of 2018 | Issue Number: 54 (Statistical Report No. 54). https://www.stats.gov.sa/en/1018
Hosseinzadeh, A., Smyth, R., Valadkhani, A., & Moradi, A. (2018). What determines the efficiency of Australian mining companies? Australian Journal of Agricultural and Resource Economics, 62(1), 121–138.
Hsueh-Liang, W. (2005). A DEA Approach to Understanding the Performance of Taiwan’s Steel Industries 1970~1996. Asia Pacific Management Review; Tainan, 10(6). http://search.proquest.com/docview/1115698760/abstract/4F0F4E8018134415PQ/3
Kaviani, M. A., & Abbasi, M. (2014). Analyzing the Operations Strategies of Manufacturing Firms Using a Hybrid Grey DEA approach â A case of Fars Cement Companies in Iran. International Journal of Supply and Operations Manage-ment, 1(3), 371–391.
Khalili-Damghani, K., Tavana, M., & Haji-Saami, E. (2015). A data envelopment analysis model with interval data and undesirable output for combined cycle power plant performance assessment. Expert Systems with Applications, 42(2), 760–773. https://doi.org/10.1016/j.eswa.2014.08.028
Madau, F. A., Furesi, R., & Pulina, P. (2017). Technical efficiency and total factor productivity changes in European dairy farm sectors. Agricultural and Food Economics, 5(1), 1–14.
Mandal, S. K. (2010). Do undesirable output and environmental regulation matter in energy efficiency analysis? Evidence from Indian Cement Industry. Energy Policy, 38(10), 6076–6083. https://doi.org/10.1016/j.enpol.2010.05.063
Mansory, A., Ebrahimi, N., & Ramazani, M. (2014). Ranking of Companies based on TOPSIS-DEA Approach Methods (Case Study of Cement Industry in Tehran Stock Exchange). Pakistan Journal of Statistics and Operation Research, 10(2), 189–204.
Momeni, M., & Shahkhah, N. (2011). Applying Relational Model of Two-Stage DEA In Efficiency Evaluation. Business Strategies, 9(47), 333–344.
Muhammad, A., Rao, T., & Farooq, Q. (2018). DEA Window Analysis with slack-based measure of Efficiency in Indian Cement Industry. Statistics, Optimization & Information Computing, 6(2), 292–302.
Mukherjee, S. (2018). Challenges to Indian micro small scale and medium enterprises in the era of globalization. Journal of Global Entrepreneurship Research, 8(1), 1–19.
Naushad, M. (2019). Intellectual capital and financial performance of Sharia-compliant banks in Saudi Arabia. Banks and Bank Systems, 14(4), 1.
Naushad, M., Faridi, M. R., & Faisal, S. (2020). Measuring the Managerial Efficiency of Insurance Companies in Saudi Arabia: A Data Envelopment Analysis Approach. The Journal of Asian Finance, Economics, and Business, 7(6), 297–304.
Naushad, M., & Malik, S. A. (2015). Corporate governance and bank performance: A study of selected banks in GCC re-gion. Asian Social Science, 11(9), 226.
Naushad, M., & Sulphey, M. M. (2020). 2020).Prioritizing Technology Adoption Dynamics among SMEs.TEM Journal, 9(3), 983-991. TEM Journal, 9(3), 983–991. https://doi.org/10.18421/TEM93-21
Ogayon, J. A. (2014). Performance evaluation of the Philippine cement industry: Application of DEA-MPI and VRSTE. Performance Evaluation, 6(28).
Ran, J., & Hui, L. (2006). Performance efficiency of listed Chinese coal firms. Finance & Economy, 181–182.
Rezitis, A. N., & Kalantzi, M. A. (2016). Investigating Technical Efficiency and Its Determinants by Data Envelopment Analysis: An Application in the Greek Food and Beverages Manufacturing Industry. Agribusiness, 32(2), 254–271. https://doi.org/10.1002/agr.21432
Riccardi, R., Oggioni, G., & Toninelli, R. (2012). Efficiency analysis of world cement industry in presence of undesirable output: Application of data envelopment analysis and directional distance function. Energy Policy, 44, 140–152. https://doi.org/10.1016/j.enpol.2012.01.030
Roychoudhury, J. (2020). Saudi Arabian Cement Companies: Upgrading Through Leveraging Overcapacity [Data In-sight]. King Abdullah Patroleum Studies and Research Center (KAPSRC). https://www.kapsarc.org/research/publications/saudi-arabian-cement-companies-upgrading-through-leveraging-overcapacity/
Sharma, S. (2008). Analyzing the technical and scale efficiency performance: A case study of cement firms in India. Jour-nal of Advances in Management Research, 5(2), 56–63.
Shleifer, A. (1985). A theory of yardstick competition. The RAND Journal of Economics, 319–327.
Sulphey, M., & Naushad, M. (2019). The position of intellectual capital among Saudi banks. 19(04), 11–21.
USSABC. (2019). Saudi Arabian Cement Sector Looks to Rebound (pp. 1–6). U.S.-Saudi Arabia Business Council. https://us-sabc.org/wp-content/uploads/2019/09/Economic-Brief-Saudi-Cement-Sector-2019.pdf
Zhang, F., Fang, H., Wu, J., & Ward, D. (2016). Environmental Efficiency Analysis of Listed Cement Enterprises in China. Sustainability, 8(5), 1–19.