An Empirical Study on Financing Efficiency of Information Service Enterprises Listed on GEM in China Based on DEA Model

DOI

10.2991/ichssr-19.2019.106How to use a DOI?

Keywords

GEM, Information services, Financing efficiency, Data envelopment analysis.

Abstract

This paper use the data envelopment analysis (DEA) method to analyze the financing efficiency of 77 enterprises listed on GEM in China's information service industry. The empirical results show that financing efficiency of these enterprises is generally low, the financing situation is not matched with the development degree of enterprises, the low scale efficiency is the most obvious problem, the regional distribution is not balanced, and the capital utilization efficiency is not high. According to the empirical results, it is suggested that enterprises should reduce operating costs, optimize financing structure, allocate resources rationally, and select financing opportunities and channels reasonably. Regulators should strengthen information disclosure and policy support.

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  - Yaman Huang
PY  - 2019/05
DA  - 2019/05
TI  - An Empirical Study on Financing Efficiency of Information Service Enterprises Listed on GEM in China Based on DEA Model
BT  - Proceedings of the 2019 5th International Conference on Humanities and Social Science Research (ICHSSR 2019)
PB  - Atlantis Press
SP  - 544
EP  - 550
SN  - 2352-5398
UR  - https://doi.org/10.2991/ichssr-19.2019.106
DO  - 10.2991/ichssr-19.2019.106
ID  - Huang2019/05
ER  -