Efficiency Analysis on Equity Finance of Listed Companies in China by DEA Approach

摘要：

This paper measures and analyzes the integrated efficiency, technical efficiency and allocation efficiency on equity finance of Chinas listed company in 2006 by DEA. We find that the efficiency of equity finance is still relatively low, and among57 samples, 64.91％ are non-size and non-technical effective, and only 35.09％ are allocation effective. Finally, the proposals for Chinas listed companies to enhance the efficiency of equity finance are put forward.

关键词： DEA integrated efficiency technical efficiency allocation efficiency

作者: CHEN Xianjin

作者单位: School of Management, South China University of Technology, Guangzhou, China, 510640

会议类型: 国际会议

会议名称: The 2nd (2010) International Conference on Financial Risk and Corporate Finance Management(第二届(2010)金融风险与公司财务管理国际研讨会FRCFM 2010)

会议地点: 大连

会议语种:英文

页码: 158-161

在线出版日期: 2010-07-01（万方平台首次上网日期，不代表论文的发表时间）