[01] Manfred Rii Zamuee, The Research Department, Maastricht School of Management, Maastricht, Netherlands.

The purpose of the study is to analyse the association of various determinants of operational efficiency of Namibian pension funds. The analysis was conducted using questionnaire based survey measuring each variable on a 5-point Likert-scale with choices ranging from (1) Not very important, (2) Less Important, (3) Moderately important, (4) Important and (5) Very Important. The data analysis was conducted with the aid of Exploratory Factor Analysis (EFA), Confirmatory Factor Analysis (CFA) and Structural Equation Modelling (SEM) using SPSS and AMOS software. The overall findings reveal satisfactory goodness of fit of the structural models and assert governance, ethics, compliance and operational efficiency as reliable predictors of organisational efficiency.

Operational Efficiency, Governance, Parallel Analysis, Ethics, Investment Strategy, Structural Equation Modelling, Confirmatory Factor Analysis

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