DocumentCode
727727
Title
Evaluation of the comprehensive strength of the listed companies in China´s cultural media industry
Author
Yi Wang ; Ying Bi ; Ting Xie ; Jing Liu
Author_Institution
Inst. for Cultural Ind., Shenzhen Univ., Shenzhen, China
fYear
2015
fDate
22-24 June 2015
Firstpage
1
Lastpage
5
Abstract
The rapid development of cultural media industry has become a new economic growth point of the national China´s economy. This paper utilizes multivariate statistical method, and carried carries out the factor analysis of 14 key financial indicators for 39 listed companies in 2013 of the China´s cultural media industry. Four common factors are extracted as: company scale merit factor, company profitability ability factor, company solvency factor, and company asset growth ability factor. According to the scores of each factor, this study calculates the comprehensive score ranking and other factor score ranking of the 39 listed companies, the obtained results are analyzed in detail. On this basis, the cluster analysis is conducted according to the listed companies´ comprehensive scores, these - the 39 companies can be divided into four categories, and each category is performed in deep analysis. Finally, this paper puts forward corresponding conclusions and recommendations.
Keywords
cultural aspects; financial data processing; multimedia computing; China cultural media industry; company asset growth ability factor; company profitability ability factor; company scale merit factor; company solvency factor; comprehensive strength; economic growth; financial indicators; listed companies; multivariate statistical method; national China economy; Companies; Cultural differences; Indexes; Industries; Media; Profitability; TV; Cluster analysis; Comprehensive strength evaluation; Culture media; Factor analysis;
fLanguage
English
Publisher
ieee
Conference_Titel
Service Systems and Service Management (ICSSSM), 2015 12th International Conference on
Conference_Location
Guangzhou
Print_ISBN
978-1-4799-8327-8
Type
conf
DOI
10.1109/ICSSSM.2015.7170306
Filename
7170306
Link To Document