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CPS2048 Md Zobaer H. et al.
Table 2: Regression Analysis between Efficiency (derived from DEA, SFA and
CDS) and Profit Risk
Model Constant Coefficients S.E p-value
( 0 ) (1)
DEA -1.765 0.461 * 4.317 0.018
CDS -10.591 0.54 * 6.687 0.004
SFA 0.307 0.273 @ 6.386 0.177
* 5% significant, @ insignificant

4. Discussion and Conclusion
The study concentrates on three methods, SFA, DEA, and combination of
DEA and SFA (CDS) on a sample of financial companies that are listed in Bursa
Malaysia for finding most efficient method. The result shows that CDS has the
most significant relationship with profit risk. However, all models present the
unique conclusion that ACSM is the most efficient company. Additionally, this
study finds most efficient method is CDS. All the companies’ efficiency scores
lies between 0.9819 and 0.7693. Considering no consistency on different
efficiency scores across the different methods, this study will help to
investigate the efficiency of the financial sector and other sectors of Bursa
Malaysia.

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