Title :
Comparing research on financial competitiveness of listed companies of culture industry in China
Author_Institution :
Economic Dept., Shandong Jiaotong Univ., Jinan, China
Abstract :
This article constructs appraisal target system of financial competitiveness according to its connotation. It takes 18 listed companies of culture industry in A share market as sample, carrying on empirical study of financial competitiveness based on factor analytic method. The result indicates that the cultural product manufacturing companies´ financial competitiveness is strongest, next is the periodicals publishing companies´. Financial competitiveness of show business is relative weak. Analysis of influence factor shows that factor of profit ability is the most important element to effect financial competitiveness of culture industry.
Keywords :
appraisal; financial management; manufacturing systems; organisational aspects; profitability; publishing; appraisal target system; cultural product manufacturing company; culture industry; financial competitiveness; listed company; periodicals publishing company; profitability; Cultural differences; Data mining; Indexes; Publishing; factor analysis; financial competitiveness; listed companies of culture industry;
Conference_Titel :
Knowledge Acquisition and Modeling (KAM), 2010 3rd International Symposium on
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-8004-3
DOI :
10.1109/KAM.2010.5646304