Title :
Research on financial strategic performance of Chinese energy enterprises listed in USA — Based on factor analysis
Author :
Wang Jia-kang ; Guo Xue-meng
Author_Institution :
Sch. of Econ. & Manage., Beijing Jiaotong Univ., Beijing, China
Abstract :
With the rapid development of Chinese economic, more and more Chinese enterprises choose to list in the foreign countries. The article use SPSS17.0 software comprehensive analysis and evaluation Chinese energy enterprises listed in USA in accordance with the method of factor analysis. Studies have shown that the overall development of Chinese energy enterprises listed in USA is not very balanced, traditional and large-scale energy companies developed better than the new energy companies. Traditional energy companies score top, and new energy companies score lower. Every energy company has some unique problems. There is further room for improvement. The conclusions reached in this article not only pointed out the direction of China´s energy enterprises for the future development but also provided references of energy development for our government.
Keywords :
financial management; power system economics; Chinese economics; Chinese energy enterprises; SPSS17.0 software; USA; comprehensive analysis; energy development; factor analysis; financial strategic performance; Companies; Correlation; Economics; Educational institutions; Eigenvalues and eigenfunctions; Indexes; Chinese energy enterprises listed in USA; factor analysis; financial strategy; performance evaluation;
Conference_Titel :
Management Science and Engineering (ICMSE), 2013 International Conference on
Conference_Location :
Harbin
Print_ISBN :
978-1-4799-0473-0
DOI :
10.1109/ICMSE.2013.6586389