| 基于DEA的上市公司股权融资效率评价 |
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| 引用本文： | 刘力昌,冯根福,张道宏,毛红霞. 基于DEA的上市公司股权融资效率评价[J]. 系统工程, 2004, 22(1): 55-59 |
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| 作者姓名： | 刘力昌 冯根福 张道宏 毛红霞 |
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| 作者单位： | 1. 西安交通大学,经济与金融学院,陕西,西安,710061
2. 西安理工大学,工商管理学院,陕西,西安,710048 |
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| 摘 要： | 运用数据包络分析方法，以沪市1998年初次发行股票的47家上市公司为研究对象，对中国股权融资效率进行综合评价，研究结果为：68．09％的上市公司股权融资效率不能达到技术与规模同时有效，59．57％的上市公司股权融资效率既不能达到规模有效，又不能达到技术有效，我国上市公司股权融资效率总体呈低效状态。47家上市公司中，信息技术行业配置效率较高．而公用事业和健康护理行业配置效率低。文章还提出了上市公司提高股权融资的效率的途径。
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| 关 键 词： | DEA 上市公司 融资效率 中国 股票市场 数据包络分析 |
| 文章编号： | 1001-4098(2004)01-0055-05 |
Efficiency Evaluation on Equity Finance of Listed Companies on Basis of DEA |
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| LIU Li-chang,FENG Geng-fu,ZHANG Dao-hong,MAO Hong-xia. Efficiency Evaluation on Equity Finance of Listed Companies on Basis of DEA[J]. Systems Engineering, 2004, 22(1): 55-59 |
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| Authors: | LIU Li-chang FENG Geng-fu ZHANG Dao-hong MAO Hong-xia |
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| Affiliation: | LIU Li-chang~1,FENG Geng-fu~1,ZHANG Dao-hong~2,MAO Hong-xia~2 |
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| Abstract: | By using the method of data envelopment analysis(DEA), this paper evaluates the efficiency of equity finance of 47 listed companies which are initially public offered in 1998 in Shanghai stock exchange market. And the result is that efficiency of equity finance about 68.09% listed companies can't reach both technique and scale efficiency, that about 59.57% can't do either technique and scale efficiency, so efficiency of equity finance of listed companies in China is low in all. In 47 companies, efficiency of information industry companies is fairly high and that of public utility and health care industry is relative low. Furthermore, ways to increase efficiency of equity finance are put forward. |
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| Keywords: | DEA Listed Companies Efficiency of Equity Finance |
| 本文献已被 CNKI 维普 万方数据 等数据库收录！ |
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