Onofre Martorell Cunill's research while affiliated with University of the Balearic Islands and other places

Publications (8)

Article
Full-text available
In the last five years, home rentals for tourists have generated significant media and social concern. Since the economic crisis of 2007–2008, online platforms have emerged that have boosted the collaborative economy and provided security and trust. There are two positions related to the impacts of peer-to-peer and intermediation platforms: some co...
Article
This paper has analyzed cost efficiency and its determinants in Middle Eastern and Northern African (MENA) countries during the 2005–2012 period. Our results have shown that cost efficiency is positively related with economic performance, but the level of concentration and market share has a negative influence on the former, thus supporting the Qui...
Article
International Journal of Hospitality Management is a leading journal in ‘Hospitality, Tourism and Management’ field. The journal celebrated its 35th anniversary in 2016. The aim of this paper is to provide a complete lifetime overview of the academic structure of the journal using bibliometric indicators since its inception and until the last year...
Article
Full-text available
Solvency II imposes risk-based capital requirements on EU insurance companies. This paper evaluates the property risk standard model proposed. The calibration was performed from the IPD UK monthly index total returns for the period between December 1986 and December 2009. In general, it is considered that returns derived from valuation-based indice...
Chapter
Bibliometrics is a fundamental field of information science that helps to draw quantitative conclusions about bibliographic material. During the last decade, the use of techniques and bibliometric studies has experienced a significant increase due to the improvement of information technology and its usefulness to organize knowledge in a scientific...
Chapter
Asian academic research in tourism is a very recent field of research, which has significantly developed over the last decade due to the strong expansion of the tourism industry worldwide, and also owing to the strong evolution of search engines via the Internet. This article analyses the main contributions to Asian academic research in tourism ove...
Article
Backtesting is a technique for validating internal models under Solvency II, which allows for evaluating the discrepancies between the results provided by a model and real observations. This paper aims to establish various backtesting tests and to show their applications to equity risk in Solvency II. Normal and empirical models with a rolling wind...
Article
Full-text available
This paper aims to analyze the reasons why insurance companies make the decision to hedge their corporate risk through derivatives, and to identify the variables that determine hedging volume in the context of the agency theory and maximization of firm value. The empirical study is based on data provided by 28 Spanish life insurers. Apart from bein...

Citations

... On the empirical front, the nexus between bank size and efficiency is an ongoing debate. Studies such as Karray and Eddine Chichti (2013), Anwar (2019), Otero et al. (2020), and Sakouvogui and Shaik (2020) establish that banks with higher assets record have higher efficiency in their operation. However, studies show that there is an inverse relationship between bank size and costefficiency literature (Ding & Sickles, 2018;Hadhek et al., 2018;R. ...
... Bibliometric analysis is beneficial in representing overviews on the trends, evolution and summaries about any research areas (Bonilla et al., 2015;Cancino et al., 2017;Donthu et al., 2021a,b). This is the reason for the bibliometric technique being often used to explore productivity and influence of various research constituents and to map research content published by the journal (Laengle et al., 2017;Tur-Porcar et al., 2018;Andrade-Valbuena et al., 2019;Cunill et al., 2019). For example, scholars from diverse research disciplines like management, economics, finance, marketing, phycology, medical science, environmental science etc., have used bibliometric analysis to explore the trends and impacts in their areas of investigation (Merigo et al., 2015;Donthu et al., 2021a,b;Anwar et al., 2022;Sureka et al., 2022;Temel et al., 2022;Jin et al., 2023). ...
... Solvency II defines the non-life underwriting risk as the loss or adverse modification in value of non-life insurance due to the inadequacy of the pricing or provisions hypothesis. To measure the non-life insurance risk, an internal model, the general formula or specific parameters are allowed [27]. Solvency II rules allow for the possibility of replacing predefined parameters with specific company ones that are more appropriate to their own risk profile; in certain cases, simplifications of the standard formula, based on the nature, scale or volume and complexity of risks are used instead. ...
... It is a valuable tool for the development of any nation (Khan, 2015;Okokpujie et al., 2018). On a global scale, academic research at varying degrees has tremendously contributed towards better policies, strategies, performance, and current innovations (Hassan and Muazzam, 2013;Merigó and González, 2018). ...
... The Solvency II standard model is based on a modular structure where the main modules identified in the risk map are operational, market, underwriting risk (life, non-life and health), counterparty default risk and intangible assets. For the calculation of capital, the risks measured via the VaR at 99.5% confidence interval are calculated within each submodule [25]. Once the capital charges within each submodule have been calculated, these are added taking account of the dependence between risks. ...