Abstract

In 2012, for the first time China implemented the toll free expressway policy for part of vehicles on major holidays. However, there is no universal compensation mechanism thereafter. How to choose the compensation basis is the core issue of establishing such a mechanism. A proper solution is to choose suitable data of listed expressway companies as the basis. Factors including corporate social responsibility and compensation theory being taken into account, listed companies with an over 95% ratio of toll operations are sifted out, and part of companies with low efficiency are wiped out by DEA Models. 5 listed companies stand out from data sieving on Annual Reports 2012. Data can serve as the compensation basis of the year.

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