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The implications arising from the results of the study are important for the companies' policies.Ĭitation: Yonca Erdem Demirtaş, Neslihan Fidan Keçeci.

Our results demonstrate that the efficiency score can be improved by considering the effects of the inter-relations of the consecutive periods. Also, to ensure the dynamic procedure, Shareholders' Equity is used as a quasi-fixed input data to link consecutive periods in the time interval. Inputs of the model are considered as the number of workers, total assets and the outputs of the model are the number of contracts, total contribution and the market share of each PPC. In this study, relative efficiency scores of PPCs are investigated for a time interval with Dynamic DEA and compared with the traditional DEA. Data Envelopment Analysis (DEA) is one of the useful nonparametric techniques to measure the relative efficiency of Decisions Making Units (DMUs) for a specific time or process.

Therefore, it is important to know the performance of Private Pension Companies (PPCs) that manage the pension funds. Private Pension System (PPS) helps individuals make savings and contribute to the nation's economy. Saving plays an important role in economics.
