Title :
Share Allotment Financing Efficiency of Listed Companies Based on Data Envelopment Analysis
Author :
Zehong Li ; Suyu Li
Author_Institution :
Dept. of Econ. Manage., North China Electr. Power Univ., Baoding, China
Abstract :
We take 23 listed companies which have performed share allotment financing during 2008-as example, using DEA-Malmquist method from static and dynamic angle to study the type of ultimate controller of company´s effect on share allotment financing efficiency. The type of ultimate controller of company is state-owned enterprises and the non-state-owned enterprises. Then analysis factors that impact the efficiency of state-owned enterprises´ share allotment financing and further explore ways to improve the efficiency of state-owned enterprises´ share allotment financing.
Keywords :
data envelopment analysis; finance; DEA-Malmquist method; data envelopment analysis; listed companies; nonstate-owned enterprises; state-owned enterprises share allotment financing; Companies; Decision making; Indexes; Industries; Investment; Manufacturing; Production; Data Envelopment Analysis (DEA); Share allotment financing; efficiency; state-owned enterprises;
Conference_Titel :
Intelligent Human-Machine Systems and Cybernetics (IHMSC), 2013 5th International Conference on
Conference_Location :
Hangzhou
Print_ISBN :
978-0-7695-5011-4
DOI :
10.1109/IHMSC.2013.190
