Study on Financing Efficiency of China's cultural Industry

DOI

10.2991/iaw-sc.2013.73How to use a DOI?

Keywords

financing; efficiency; cultural Industry

Abstract

Based upon DEA model, this paper conducts an empirical study on the finance support efficiency of public companies from culture industry during the period from 2009 to 2012, and at the same time, by applying Logit model, analyses the factors that have impacts on the financing efficiency of culture industry. The results show that, the overall efficiency of cultural industry showed a rising trend, but the overall efficiency is not yet reached a high level, and there is more room to go. In addition, the Logit model results show that the factors influencing the financing efficiency of the cultural industry include firm size, asset utilization ability and etc. According to the analysis results of Logit model, this paper points out that the expansion of the scale of enterprises is critical at the moment to improve financing efficiency.

Copyright

© 2013, 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  - Shihong Zeng
AU  - Mimi Hu
PY  - 2013/10
DA  - 2013/10
TI  - Study on Financing Efficiency of China's cultural Industry
BT  - Proceedings of the 2013 International Academic Workshop on Social Science
PB  - Atlantis Press
SP  - 339
EP  - 343
SN  - 1951-6851
UR  - https://doi.org/10.2991/iaw-sc.2013.73
DO  - 10.2991/iaw-sc.2013.73
ID  - Zeng2013/10
ER  -