Analysis of the Operating Efficiency of China's Securities Companies based on DEA Method

DOI

10.2991/febm-16.2016.25How to use a DOI?

Keywords

securities company; DEA method; operating efficiency; technical efficiency; pure technical efficiency

Abstract

Based on 20 listed securities companies between 2013 and 2015, this paper takes Data Envelopment Analysis (DEA) as foundation to study the technical efficiency (TE) and pure technical efficiency (PTE) by using CCR and BCC model. The research shows that the value of TE and PTE of securities companies have been rising, and the differences between operating efficiency of securities companies are narrowing as time goes on. CITIC and SDIC have the highest level of PTE, whose returns to scale remain stable in recent three years.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Wei Huang
AU  - Qiancheng Guan
AU  - Hui Zhao
PY  - 2016/11
DA  - 2016/11
TI  - Analysis of the Operating Efficiency of China's Securities Companies based on DEA Method
BT  - Proceedings of the First International Conference Economic and Business Management 2016
PB  - Atlantis Press
SP  - 161
EP  - 166
SN  - 2352-5428
UR  - https://doi.org/10.2991/febm-16.2016.25
DO  - 10.2991/febm-16.2016.25
ID  - Huang2016/11
ER  -