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J4  2005, Vol. 2 Issue (5): 542-    DOI:
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Application of Data Envelopment Analysis to Funds Performance Evaluation
 LIAO Hua, LIAO Xiao-Rong
1.Institute of Policy & Management; Chinese Academy of Sciences; Beijing; China; 2.South China Normal University; Guangzhou; China

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Abstract  

DEA was introduced into funds performance evaluation.On the basis of funds performance,different types of funds were compared horizontally to avoids the influence of system factors(exogenous variables),such as the security market(including the economic,legal and policy environments).The relative performances of 46 security funds in 2002 were also estimated through DEA.Finally some questions and advices of further funds performance evaluation study with DEA were put forward.

Key wordsdata envelopment analysis(DEA)      funds performance evaluation      nonparametric methodology     
Received: 16 December 2004     
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LIAO Hua
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LIAO Hua,LIAO Xiao-Rong. Application of Data Envelopment Analysis to Funds Performance Evaluation[J]. J4, 2005, 2(5): 542-.
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http://manu68.magtech.com.cn/Jwk_glxb/EN/     OR     http://manu68.magtech.com.cn/Jwk_glxb/EN/Y2005/V2/I5/542
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