Studies on Financial Quality Evaluation of Listed Steel Companies Based on DEA in China
- DOI
- 10.2991/icemse-19.2019.161How to use a DOI?
- Keywords
- Listed Steel Companies, Financial Quality, DEA
- Abstract
In this paper, the DEA method is used to construct an enterprise financial quality evaluation model, and evaluate the financial quality of 23 listed steel companies in China. The quality will be analyzed and calculated from three aspects, comprehensive efficiency, technical efficiency and scale efficiency. The empirical results show that the financial quality of China's steel listed companies is not very good. The comprehensive efficiency of some steel listed companies is not as effective as DEA, and the degree of impact on scale efficiency is greater than the technical efficiency. The company's production scale has not reached its optimal state. Also, according to the empirical results, some countermeasures and suggestions will be put forward to improve efficiency.
- 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/).
Cite this article
TY - CONF AU - Kai-Yang Zhang AU - Hong Lei PY - 2019/09 DA - 2019/09 TI - Studies on Financial Quality Evaluation of Listed Steel Companies Based on DEA in China BT - Proceedings of the 2019 3rd International Conference on Education, Management Science and Economics (ICEMSE 2019) PB - Atlantis Press SP - 697 EP - 700 SN - 2352-5428 UR - https://doi.org/10.2991/icemse-19.2019.161 DO - 10.2991/icemse-19.2019.161 ID - Zhang2019/09 ER -