| Abstract: | Based on a purely rank-oriented approach, this empirical study analyzes to what extent superior firm size in German life industry
generally translates into corporate advantages for the companies concerned. It turns out that while modest advantages with
some criteria are measurable, any such benefits are usually outweighed by unquantifiable factors unrelated to firm size. Confining
the study to a highly homogeneous subgroup of life insurers, however, reveals substantial corporate advantages in a number
of areas, thereby confirming well-established theoretical reasoning. |
