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Universitas Indonesia

2014

Data Envelopment Analysis (DEA)

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Analysis The Efficiency And Productivity Of Indonesian Pharmaceutical Public Companies Using Data Envelopment Analysis, Dewi Hanggraeni Jul 2014

Analysis The Efficiency And Productivity Of Indonesian Pharmaceutical Public Companies Using Data Envelopment Analysis, Dewi Hanggraeni

The Indonesian Capital Market Review

As one of the biggest medicines market in the South East Asia, the pharmaceutical industry in Indonesia has a huge potential market. However, the majority supply of raw materials has been imported. Besides, regulations of the Health Ministry and the Trade Ministry have still hampered most players in Indonesia pharmaceutical industry. Therefore, this study used Data Envelopment Analysis (DEA) models to analyze efficiency and productivity change in the Indonesian pharmaceutical industry between 2006 and 2011, listed in the Indonesia Stock Exchange and also supported by applying efficiency financial ratio. This study finds that the decision for the most relatively efficient …