Research on Dynamic Comprehensive Evaluation of Operating Performance of Textile Manufacturing Listed Companies in China

DOI

10.2991/978-2-38476-092-3_62How to use a DOI?

Keywords

textile manufacturing; operating performance; two-way incentive; dynamic comprehensive evaluation

Abstract

Aiming at the comprehensive evaluation of the operating performance of listed companies in Chinese textile manufacturing industry, this paper selects the operating data of 20 listed companies in Chinese textile manufacturing industry or with related concepts in the past 5 years from 2017 to 2021, and realizes the dynamic comprehensive evaluation of the operating performance of listed companies by establishing an incentive control model considering the time dimension. The main ideas are as follows: Firstly, the evaluation index system with 13 indicators including basic earnings per share of listed companies is constructed; Secondly, the entropy method is used to obtain the static comprehensive evaluation value of each listed company in different years, and then on this basis, the advantages and disadvantages of incentives are introduced to obtain the comprehensive evaluation information of each listed company in different years; Finally, the weight of each year’s time point is obtained by using the minimum variance time weight method with the strategy of ‘paying more attention to the present than to the past’, and then the final total dynamic evaluation results of the operating performance of each listed company in the past five years are obtained by combining the time weight of each year with the operating performance evaluation value of each year of the listed company, so as to achieve a more realistic and objective evaluation of the operating performance of the listed companies in the textile manufacturing industry.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Peifu Zu
AU  - Yulu Chen
PY  - 2023
DA  - 2023/09/09
TI  - Research on Dynamic Comprehensive Evaluation of Operating Performance of Textile Manufacturing Listed Companies in China
BT  - Proceedings of the 2023 9th International Conference on Humanities and Social Science Research (ICHSSR 2023)
PB  - Atlantis Press
SP  - 491
EP  - 505
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-092-3_62
DO  - 10.2991/978-2-38476-092-3_62
ID  - Zu2023
ER  -