2nd Annual International Conference on Energy, Environmental & Sustainable Ecosystem Development (EESED 2016)

Environmental Financial Performance Evaluation of Manufacturing Enterprises in Shanghai

Authors
Wei Sun, Xiang Yu, Arinaitwe Micheal
Corresponding Author
Wei Sun
Available Online August 2016.
DOI
https://doi.org/10.2991/eesed-16.2017.43How to use a DOI?
Keywords
Environmental financial performance; Manufacturing; Entropy weight method; China
Abstract

The uncertain global economic environment since 2008 has complicated life for manufacturers everywhere including China. The purpose of this article is to identify major challenges facing the Chinese manufacturing industry. We used entropy weight method to analyze the financial information from 60 Chinese manufacturing companies' reports and developed an evaluation system for evaluating the performance of the firms. Then, we determined the entropy of each evaluation indicator after which the weights were computed accordingly. The proposed method was also used in determining the ranking of the firms using a composite score ranking system by comparing the firms according to the criteria determined. Overall from the composite score ranking Shanghai Wallace, Shanghai Ganglian E-Commerce, Bairun Gufe remained at the forefront of environmental financial performance with the highest performance score while the environmental financial performance score of Shanghai Automation Instrumentation, Daying Modern Agriculture and Jielong Industry was basically low, living them at the bottom.

Copyright
© 2017, 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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Volume Title
2nd Annual International Conference on Energy, Environmental & Sustainable Ecosystem Development (EESED 2016)
Series
Advances in Engineering Research
Publication Date
August 2016
ISBN
978-94-6252-309-8
ISSN
2352-5401
DOI
https://doi.org/10.2991/eesed-16.2017.43How to use a DOI?
Copyright
© 2017, 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/).

Cite this article

TY  - CONF
AU  - Wei Sun
AU  - Xiang Yu
AU  - Arinaitwe Micheal
PY  - 2016/08
DA  - 2016/08
TI  - Environmental Financial Performance Evaluation of Manufacturing Enterprises in Shanghai
BT  - 2nd Annual International Conference on Energy, Environmental & Sustainable Ecosystem Development (EESED 2016)
PB  - Atlantis Press
SP  - 319
EP  - 324
SN  - 2352-5401
UR  - https://doi.org/10.2991/eesed-16.2017.43
DO  - https://doi.org/10.2991/eesed-16.2017.43
ID  - Sun2016/08
ER  -