Research on Influencing Factors of Financial Efficiency of Listed Companies in Retail Industry in Six Provinces of East China

DOI

10.2991/hsmet-19.2019.10How to use a DOI?

Keywords

Retail industry listed companies, Financial efficiency, influencing factor, DEA, Tobit.

Abstract

This paper takes 20 listed companies in the retail industry of six provinces in China from 2013 to 2017 as samples, uses DEA method to calculate the financial efficiency value of each listed company, and uses Tobit regression method to empirically analyze the factors affecting the company's financial efficiency. The financial efficiency of the listed companies in the six provinces of East China is generally low, and the number of listed companies that have achieved efficiency is 4, accounting for 20%; the monetary funds and net fixed assets have a significant impact on the financial efficiency of the company. There is a marginal effect on the financial efficiency impact of listed companies in the retail industry.

Copyright

© 2019, 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/).

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TY  - CONF
AU  - Lu Yang
AU  - Wei Liu
PY  - 2019/07
DA  - 2019/07
TI  - Research on Influencing Factors of Financial Efficiency of Listed Companies in Retail Industry in Six Provinces of East China
BT  - Proceedings of the 4th International Conference on Humanities Science, Management and Education Technology (HSMET 2019)
PB  - Atlantis Press
SP  - 50
EP  - 54
SN  - 2352-5398
UR  - https://doi.org/10.2991/hsmet-19.2019.10
DO  - 10.2991/hsmet-19.2019.10
ID  - Yang2019/07
ER  -