Study on the Performance of Listed Real Estate Companies Based on DEA
Data Envelopment Analysis (DEA) is becoming an increasingly popular tool for assessing the relative performance.Compared with conventional methods,DEA shows several advantages and the evaluating results are more objective.So,by applying DEA theory to real estate industry,the relative efficiency of eighteen listed corporations has been analyzed in this paper.The results indicate that under constant returns-to-scale,only four companies are efficient and the remaining companies are inefficient.A further study shows that the inefficient companies are caused mainly by scale inefficiency.Therefore,the internal management should be strengthened and the structure of the resources should be optimized to improve these companies performance.
Real estate industry Listed corporations Data Envelopment Analysis Performance
WANG Xiping
School of Business Administration,North China Electric Power University,P.R.China,071003
国际会议
2007 International Conference on Management Science and Engineering(2007管理科学与工程国际学术会议)
河南焦作
英文
2602-2606
2007-08-20（万方平台首次上网日期，不代表论文的发表时间）