• 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