Title :
Empirical analysis on anti-risk capability of Chinese communication equipment industry listed companies in 2008
Author_Institution :
Sch. of Stat. & Appl. Math., Anhui Univ. of Finance & Econ., Bengbu, China
Abstract :
The subprime mortgage crisis is an ongoing financial crisis triggered by a dramatic rise in mortgage delinquencies and foreclosures in the world, with major adverse consequences for banks and financial markets around the globe. And communication equipment industry enterprise in China must enhance their anti-risk capability force to increase market share. This paper constructs anti-risk capability evaluation index system of the listed companies in communication equipment industry including five factors: profitability, ability to obtain cash, solvency, operation ability, development ability, and adopts evaluation method by entropy method to make an empirical analysis on the anti-risk capability with the 39 Chinese listed companies in communication equipment industry.
Keywords :
financial management; profitability; risk analysis; telecommunication industry; Chinese communication equipment industry; antirisk capability; development ability; entropy method; financial crisis; financial market; foreclosure; market share; mortgage delinquency; operation ability; profitability; solvency; subprime mortgage crisis; Communication equipment; Communication industry; Companies; Computer industry; Entropy; Industrial control; Industrial economics; Loans and mortgages; Marketing and sales; Profitability; Anti-risk Capability; Communication equipment Industry; Comprehensive Evaluation; Entropy Method and Modeling;
Conference_Titel :
Computing, Communication, Control, and Management, 2009. CCCM 2009. ISECS International Colloquium on
Conference_Location :
Sanya
Print_ISBN :
978-1-4244-4247-8
DOI :
10.1109/CCCM.2009.5267494