An Analysis of Operational Efficiency of Listed Companies in the Stock Exchangeof Thailand by Data Envelopment Analysis : A Case Study of Health Care Services Sector
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Abstract
The purpose of this research was to identify the operational efficiency of listed companies in the Stock
Exchange of Thailand of Health Care Services Sector for 15 companies from Annual Report 2015 of listed
companies in the Stock Exchange of Thailand. The DataEnvelopment Analysis (DEA) and Input Oriented
model are used to calculate efficiency scores. The findings showed that listed companies in the Stock Exchange
of Thailand of Health Care Services Sector for 3 companies or 20.00 percent of all 15 companies had
operational efficiency. Average efficiency scores based on CRS and VRS assumption were 0.451 and 0.547
and average scale efficiency was 0.683 .
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