Abstract
This paper chooses 198 listed companies in strategic emerging industries, using DEA model to study the efficiency of equity financing, and carries on efficiency analysis, investment redundancy and output shortage analysis and industry comparative analysis. The results show that the efficiency of equity financing of listed companies in strategic emerging industries is inefficient. The comprehensive efficiency, pure technical efficiency and scale efficiency are 0.370, 0.603 and 0.563. From the scale pay, the economic scale of Chuanrungufen should be increased, Zhongguobaoan and other 179 decision-making units should be reduced; Dongxulantian and other 169 decision-making units have different levels of input redundancy and lack of output; equity financing efficiency is unevenly developed between different industries.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
